Since Washington developer Douglas Jemal arrived on the local landscape four years ago, he has prided himself on privately financing all of his deals including the more than $120 million invested in his signature Seneca One Tower renovation effort.
Ditto for Seneca One’s anchor tenant, M&T Bank, who will be bringing more than 1,500 high tech and IT workers into the building in the coming months.
So, then, what’s the backstory behind a request for mortgage recording tax exemption being sought Jemal’s Seneca LLC from the Erie County Industrial Development Agency? You can read the full story on Buffalo Business First's website.