BUFFALO, N.Y. — A pending Elmwood Village property deal could spell the demise of Ciminelli Real Estate Corp.’s controversial mixed-use Arbor + Reverie development.
Whitesand Family L.P. has signed a purchase agreement to acquire five Elmwood Avenue properties, including the vacant J.P.. Bullfeathers bar and restaurant. The deal, which is expected to close in the next 90 days, is for properties at 1020 Elmwood Avenue, 1024 Elmwood Avenue and 1028 Elmwood Avenue and residential properties just north of the Bullfeathers site. Terms were not disclosed. You can read the full story on Buffalo Business First's website.