Reforms to New York’s 485-a real estate subsidy went into effect on January 1, 2021. Lawmakers gutted them six months later.
Fifteen of the most prominent real estate developers in Buffalo received between $13.6 million and $34.0 million through the Paycheck Protection Program
Nick Sinatra is a young developer who has quickly amassed a huge portfolio of buildings in Buffalo, driving waves of gentrification in the process. We looked at the billionaire investors behind his operation.