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Real Estate Presence

MJ Peterson Real Estate has been around since 1930, but their presence in the City of Buffalo has grown tremendously in the last two years. “We’re firing on all cylinders,” Realtor Joe Suppa said. We opened this office because we saw what was happening in the city, and we wanted to be part of it—on the ground floor.” The New Buffalo City office has is already out preformed some of the other suburban branches, with sales in the first qutarter of this year topping $12 million.
Sales Associate Kelly Barbus added, “We all live and work in the city.” Barbus herself went from living in the Elmwood Village area to Parkside, and says that there was a period of adjustment. “Parkside is almost like a suburb within the city, and suburbanites want in. Go to any open house, and they’re mostly people from the suburbs.”
Susie Lenahan, a top listing and selling broker for the last 11 years, who has a CBR, or Certified Buyers Realtor designation said, “I’m still getting multiple offers of sales in the city. It’s no wonder,” she said, “go hang out on Elmwood Avenue on any decent day at 3 or 4 in the afternoon. There’s a wonderful, eclectic mix of people—kids skateboarding, mothers with strollers, shoppers. There’s the co-op and all kinds of retail. It’s a great slice of what’s going on in the area. But I’m preaching to the choir.”
That’s all well and good for Elmwood, but what about the surrounding areas? The really good news from MJ Peterson is the fact that neighborhoods in the city that weren’t selling a while back are suddenly desirable. “12 years ago,” Barbus said, “No one wanted to go west of Richmond Avenue.” Not so now.
“The homes three blocks west of Richmond have come up to par in the last 3 to 5 years,” Suppa said. “There’s a huge demand for $100,000 houses, so we’ve gone west of the traditional hot spots. Now when someone comes to me and says, ‘I want to be near Elmwood,’ I have something for them.” To put a face on things, Suppa said, “I had a student from Germany who wanted just that. I placed her on York, west of Richmond, and she’s happy as can be. She’ll be a great homeowner, who’ll help that neighborhood go up in value, and then there’ll be a lot more of that.”
“And North Pearl! A house on North Pearl sold of the open house for $245,000 to a young couple with small children,” Lenahan said.
“Right,” Barbus added. “I have a listing at 120 Parkside that seriously needs about $50,000 work, and I’ve had 10 offers in 2 weeks.
Suppa interjected, “People who want to buy a home and live in it are not afraid to buy foreclosures and sink dollars into them. Whether they’re downsizing or upsizing, we’re helping people move back into the city, and the numbers are loud and clear. And while the selling price around the village starts at about $200,000, North Buffalo is the next option between $125,000 to $150,000.”
Suppa said the prices are climbing fast though. “I just did a 12-month comparison, and I was pleasantly surprised by what I came up with,” he said, “but in January of 2002, our average selling price was $144,500. In January of this year, it was $173,500. That’s substantial…and it has nothing to do with national numbers. The national numbers are disjointed with local numbers.” Suppa went on to say that Buffalo has a very strong market while other parts of the country are suffering difficulties in a housing market that is struggling with high interest loans, foreclosures and a shortage of buyers.
Lenahan pointed out that she’s able to offer a special rate through M&T Bank. She and Barbus are working together to place a total of 29 graduates from Ivy League institutions by August 1st who want to get into lofts at around $1,400 to $1,600 per apartment. M&T also has a special lending package for teachers, firefighters and policeman, who all have residency requirements, if they buy in a certain area.
“[The University at Buffalo] is also proactive through M&T,” Barbus said, “giving special incentives to UB workers who want to relocate in the city.”
Barbus added, “If you work for UB, they want you to buy in the district. Our relocation department did a study when Spitzer announced his 20/20 plan, and if you work for UB and you want to buy in the district, they offer 110 percent financing and closing on a standard rate loan. Those streets [around UB’s Main Street campus] need more owner occupied homes to keep the area strong.”
And the area around Canisius is on the rise also. “It’s been a sleeper, but Coe Street is on the rise. A lot depends on people fixing up their homes. North Hampton, Edna–they should all come around in the next three to five years.” Suppa was not quite as optimistic for the area east of mid-town, saying that more big money would have to come in first. Savarino Construction’s [ArtSpace] building and UB’s proposed medical campus in the Trico Products Corporation building complex, as well as their purchase of the M. Wile Co. building, stand to figure in as a prime boost to the downtown area.
“Out of town investors came here looking for a deal, and yes, it all looked good until they tried it. Some may have thought they could run a non-owner occupy from afar and found out they were getting ripped off by so called property managers,” Suppa said of homes that were bought, abandoned and subsequently foreclosed on. “On paper, those houses might have looked good—close to downtown, the thruway, everything. [Mayor] Brown’s anti-flipping task force is not a joke. The community is stepping up to the plate,” Suppa said. He says it angers him when he sees boarded up houses in areas with potential. He believes that redevelopment of the Fruitbelt is years away, but concedes that he also thought that about the area west of Richmond, initially.
“Urban living is making a national comeback,” Suppa explained. “It offers an easy lifestyle coming from the burbs. The big guys do their homework before they put up big buildings. And big money coming into the heart of downtown leaches out.”
“And people want anything on the water,” Suppa said. “In the last four years, I’ve seen a tremendous upswing, and it’s made a true believer of me.”

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  • Buffalo probably has one of the sanest real estate markets in the country. No real estate bubble, property values not declining, minimal subprime mortgage exposure, no overbuilding of condos and single-family homes, and a diversified employment base. Proximity to Canada and its strong dollar also helps. Way to go!

  • 347

    I just fear that by the time I will be able to afford a house I am not going to be able to get anything close to where I would have liked. I feel like I was born 10 years too late to get in on the best of city living before others caught on. Not that other neighborhoods are bad but there are just a few places where someone without a car could actually live well and those areas are quickly getting priced out. Good for the city, bad for those trying to live car free at least until other neighborhoods start to develop the density of shops and retail that some enjoy today.
    All in all this is still great news for the city.

  • I agree with the upswing in demand for city properties. There were about 125 people who toured 255 Huntington Ave at the open house this weekend and it’s not even listed on the ML system yet!

  • 432

    Per today’s Buffalo News, Buffalo housing sales are down 13% from one year ago and are the lowest in the last ten years. This article is based upon the salemanship of a couple of real estate agents, not exactly good or valid journalism by a long shot.

  • Sally, I believe that article refers to the Buffalo Niagara region as a whole, not specifically the city of Buffalo.

  • Buffalo’s real estate market is not “Sane” it is depressed. Our home prices remained flat because we missed the real estate boom, and the personal wealth that went along with it. We missed out on the revenue surplus that many cities experienced as a result of escalating property values, and the resulting infrastructure improvements funded by this surplus. When you look at other real estate markets, you will find that housing prices are still much higher than they were 10 years ago. The bubble deflated but didn’t burst as some would have you believe. If you look at a house in some of these markets, you may have purchased in 20 years ago for $200K, the value may have peaked at $600K, and it may now sit at $400K. A similar house in Buffalo may have been purchased at $200K 20 years ago, peaked at $280K and now sits at $260K. There is a tremendous difference in the return on investment. (this is purely a hypothetical scenario, so I hope you can see the point). The return is the difference between investing in well performing stocks or investing in EE savings bonds.
    In terms of walkable communities, I don’t believe that there will be a shortage any time soon. Just walk a mile away from the house on Huntington, and you can take your pick of any number of houses for under $50,000, some under $10,000. All in pedestrian friendly communities, within walking distance to public transportation, stores, etc. You may need to hurry on some of those because instead of having 125 people line up for an open house, you have to compete with the bulldozers and dump trucks to get the houses before they are destroyed. Just 1760 yards away from the in demand house on Huntington.

  • 407

    How much did MJ Peterson pay for this advertorial, or was it part of their ad buy package?

  • 432

    MSJ you are correct, go to the the BNAR web site and it is broken down by area. For the City of Buffalo alone the decline is 18% so far this year.

  • allfit – I have to respectfully disagree with your blanket statement about the housing market in the city. Take a look at the prices of listed houses In the Elmwood VIllage, Parkside area and Central Park area.
    I own a house I purchased 10 years ago, which sat vacant for 8 months with no offers, that we can sell at almost 3x the price I paid for it (according to a recent walkthrough by a realtor). We did not do any major renovations since we purchased the house.
    We bought at a time when there were for sale signs on almost every block around the City including the much sought after areas of today. We are in the “Elmwood village” and at the time we bought there were tons of vacant storefronts on Elmwood as well and the block where the co-op is located, there was only one store: the used bookstore (now Anna Grace). Timing it everything.
    sbrof – I really believe that there are areas around the City that are still affordable and still in decent neighbourhoods. I think the West side of Richmond is going to take off soon. Just move geographically out of the “Elmwood Village” by a block or two and you should be able to find something. It may take a few months to find what you are looking for, but I believe it is possible. Look at the work being done on Chenango. Not long ago little Summer street was not in the condition it is today. These pocket neighbourhoods do not happen overnight.
    sal – we walked through your house on Huntington Sunday – I sent you a private message about some things we noticed during our walk through. The kitchen is great!

  • Leadi – There are exceptions to every rule. The vacancy phenomenon that enabled you to buy your house significantly under market value is still going on in most parts of the city. You mention most of the exceptions above, and can add the higher-end houses in North Buffalo to that list. My question is, what did you pay for the house and where does it stand now at 3x the value. I would be surprised if you paid $100K and it is now worth $300K, the scenario is probably more of paying $60K and the house is now worth $180K. This house in other areas probably would have returned a 10x – 12x return on investment, especially in an attractive and growing area like Elmwood (think Alexandria, VA or Sommerville, MA).

  • The problem, Allfit, is that if you bought that house for 600K three years ago and it is now worth 400K, you can either walk away or have a ridiculously high monthly payment. And having neighborhoods of new and nice houses where 50% are being foreclosed is the definition of insanity. Not what is going on in Buffalo.
    The majority of the country DID NOT have this scenario. Take away CA, AZ, NV, FL, WA, DC and much of the northeast, the scenarios are very similar to Buffalo. Look at Texas. The state is booming, population has exploded, and property values probably have not done much better than they have in Buffalo. The midwest, mountain states and most of the south did not have a real estate boom.
    Another reason that the Buffalo median has remained low is because of all the $20,000 sales on the east side. Yes, that area has not appreciated. It would be interesting to know the median price in Buffalo ten years ago and today, excluding the east side.

  • allfit -your first “surprise” scenario is the correct calculation. I guess you are surprised. Not sure why you would be surprised – many houses have gone up significantly in value. We paid exactly what the market would bear at the time we purchased. We paid what other houses in this neighbourhood were selling for at the time and not significantly under market value. Even though a house may be on the City tax rolls at a lower amount – in the end all that matters is what people are willing to pay for a house.
    If there is a perceived added value for being a particular neighbourhood with certain amenities, then of course people will pay more. Items such as the following all add to the value of a house:
    Garage = more $,
    two car garage not falling down = significant more $,
    remodeled third floor = added value for more living space,
    relatively updated kitchen and bathrooms = more $,
    fenced yard = more $,
    new gas fireplace insert = More $,
    refinishied, excellent condition hardwood floors = More $
    concrete driveway that fits two or three cars = more $,
    newer windows throughout house = more money,
    fully insulated = more $
    close proximity to good schools = more $,
    good neighbours = more $,
    walking distance to Elmwood = more $,
    close to farmer’s market = more $
    close to Delaware Park, playgrounds and bike trails = More $
    close to downtown = More $
    The list goes on and on what people are willing to pay for. Some people don’t care about these items, while others are willing to pay a higher price to get them.
    Yes – our house may have gone up significantly in others of the country, however, in this area of the country there are not average middle class people buying $800,000 houses that they cannot really afford. (think Countrywide and ARM Mortgages) The reason the rest of the country is experiencing the housing bubble bust is because the houses were totally over valued. Now people owe more than what there houses are worth and walking away, thereby creating a deluge of foreclosures.
    I would much rather live in a city and buy a house where “slow and steady wins the race”.

  • Buffalopundit 5 ratings12345 Today, 10:00 How much did MJ Peterson pay for this advertorial, or was it part of their ad buy package?
    You can add M&T Bank to that question also. By the way, all banks offer those specials not just M&T. IF YOU WANT THE BEST DEAL USE A MORTGAGE BROKER!!!!!!

  • Hey Sally, could you give us a hint on how to find the sales broken down by area on the BNAR website? I looked for quite some time, but did not find that set of data. Thanks.

  • 394

    Pundit, I don’t know if its the case with MJ Peterson, or how much you really understand about professional publications – but that is exactly the way that most local professional publications, outside of major newspapers, work. Just because you haven’t generated a cash cow out of your site, whether you’re trying to or not, doesn’t mean another publication shouldn’t. Buffalo Spree gives editorial for major ad buys, the Bee publications do it, any of the regional Niagara newspapers do it, papers in Canada do it. Thats the way it works. I just find your incessant criticism, of BR childish and kind of a “sore loser” mentality. No I don’t work for BR or have any vested interest, but I do get sick of the stupid bias comments.

  • SBROF,
    Please excuse the flourishing neighborhoods of the city for rebounding before you were able to purchase the exact home you would have liked for the exact price you would have liked!
    Sally,
    Where in this article is anyone putting a blanket statement out that the entire city of Buffalo is thriving? The article talks of specific areas of the city where things are going well and never comes close to saying the entire city has made a strong comeback! There are areas where the city is making advances – there are areas where things are still way behind the curve. Either way, this is good news for the city!

  • 432

    The census numbers would seem to indicate that for every person moving into the City 3 more are moving out. Building permits indicate that for every housing unit constructed within the City limits 5 are slated for demolition.
    You have an City where 5 % of the City’s land mass is on the upswing 20% is stable and 75% is declining. This is not good news for the City no matter how desperately you try to spin it.

  • 407

    @Townline, I’m glad you agree that publications should follow the Illuzzi model of pimping people and products for profit under the guise of objective journalism. If it’s product placement, at least they should have the stones and honesty to say so.
    Also, criticism of incessant criticism is, if nothing else, amusing.

  • 760

    Actually, when Joe read this he said, “Wow. Thanks for the ad,” and he laughed. I told him I expect good news when I sit down to talk with someone about their business. It wasn’t meant to be an exposé, Alan. It’s obviously based on the outlook and #’s of these three ‘top’ realtors.

  • Pundit – FWIW, I don’t think it’s much of a guise in either case. Most readers are well aware that BR articles and Illuzzi rants are seldom objective journalism. I don’t think either BR or Illuzzi even claim to be anything other than opinion blogs with some heavily filtered fact reporting – which can of course can be said for the vast majority of blogs. At least unlike Illuzzi, BR allows most people to comment which usually results in some balance as some provided here and sometimes fact correction. I perceived this article as more Buffalo cheerleading than advertising, but who knows.

  • I so enjoy reading blogs that rehash articles written, published and read weeks ago in their print magazine. Funny thing is, BRO didn’t even give it a thought to correct their ever-present grammatical and editorial errors (UB 20/20? ). Just copy and paste – it’ll be fine.
    Never thought I would miss queenseye and George. Wait, where has Newell gone? Anyone seen any postings from them lately?

  • If you eliminated the entire East Side from the statistics, you would not that there has been signficant price appreciation in Buffalo over the last five years. The East Side is still stuck @ $20,000. Those sales bring down the overall median and mean.

  • 500

    I hear you Metropolis. I spotted 5 grammatical and spelling errors in first paragraph alone.

  • Sorry. I meant to say, you would NOTE…

  • Um…so anyway…..nice, positive article about MJ Peterson’s office on Delaware, huh? I for one am glad to read good news about any business in WNY and particularly within the City of Buffalo.
    Sally – interesting (and sobering) numbers. Thanks.
    bboozehound – I don’t think Sbrof was being whiney or complaining about it, just sort of wishful thinking? Sbrof usually has pretty cool, intelligent postings and clearly really likes the City and would like to buy a house here.
    Pundit – Shut the F*** up, will you? Maybe you should think of doing some positive volunteer work or maybe go to the gym to work out some anger issues you have? I am sick of reading your narrow minded insults towards BRO.

  • 407

    @leadi – who the hell are you?

  • Metropo1is,
    Do you really miss Newell and George? That makes one of you.
    I think BR is better than ever, and mostly based on the fact that there are new writers with different perspectives. Yes, some seem to be no more than rehashed stories from other publications, but many are original and insightful. Last time I checked, the Buffalo News and every other paper in the world was using AP stories to fill things out. No publication, whether credible news or opinion based blog is 100% original. I would guess that more people read the story here than wherever you saw it a few weeks ago. In your defense, BR should have cleaned it up and made the grammatical corrections before reprinting.
    As for Pundit, how pathetic that you continue to leave posts like the ones above. You are constantly revealing your non-stories on this site instead of filling your crappy worthless blog with them. Why not post your negativity over there where nobody is sure to read it?

  • 407

    @leadi – who the hell are you?

  • @Buffalopundit – who the hell are you?

  • 407

    @scottnorwood – thanks for reading!

  • 407
  • CatWoman,
    He is an overweight, middle-aged, very bored, extremely unsuccessful blogger.

  • go away Buffalopundit

  • Sally,
    The latest census data is from 2000 – is that a true indicator of what’s happening today?
    The city obviously has a enormous stock of houses that are slated for demolition and if you talk to the people in the neighborhoods where these are occuring they can’t be happening fast enough. In this case demolition is a good thing. The fact that new homes/neighborhoods are not replacing the demolitions are clearly a concern but are at least on a small level being addressed on the East Side where many of the demolitions are occuring.
    I’m not disagreeing with you in the least bit that when looking at the big pictures things are still a mess. I just don’t understand how this article is spinning anything or how such an article could draw your ire? A few people talking about their experiences in specific neighborhoods certainly does not spin the plight of the city as a whole into a vibrant downtown housing market! And, yes, small sucesses such as these are a positive for the entire city.

  • you guys are making my head hurt.

  • 347

    oh come come, BP isn’t that bad. Although it does get a little old that everytime BRO does a story on a business he chimes in about advertisements and payment. I wonder how much the Somali Star, Vargas, Brickhouse BBQ and the innumerable other tiny restaurants paid? Probably nothing just as MJ probably paid to get this post. I think they do a good job covering both the big businesses and the small ones. Hopefully to their benefit of drawing in advertising dollars and exposing people to businesses they may or may not have ever seen.

  • 407

    Caaaaan you feeeelllll the loovvvvveeee toniiiiiiiight.

  • Clearly, the full page MJ Peterson ad in this months BRM and the multiple MJP web ads in rotation here have NOTHING to do with the publication of this article that is incredibly favorable to the company and its realtors.
    Since I have friends in local business who have been approached by BR in the past about ads that included “editorial” coverage in the ad contract, it’s probably an advertorial that is not marked as such.
    However, the mooks who are so thirsty to suck down the pablum on this site don’t seem to care, so why should you? This isn’t journalism and guess what, none of the people give a rat’s ass. They like to be treated like children with spoon fed pseudo-journalism and naughty words and criticism sent into oblivion. It’s also not a blog, as we’ve been told in the past. This is a PR machine for useless political hacks, developers, and businesses. It is what it is. YAY! Buffalo Renaissance!

  • Right on cue- here comes JohnMartin, aka Buffalo Geek, to defend his twin, BuffaloPundit. LOL! Nice.

  • 346

    Platt,
    That is so funny. I also thought JohnMartin was Geek.

  • I moved to Buffalo last summer and bought a home six months ago. I would not have even considered buying property on the east coast from where I came. It was simply too expensive and would have been a burden for a long time. When I moved to Buffalo, not only could I afford a house and comfortably make my payments but I found a home that I truly love. I don’t care if my new home appreciates more or less than somewhere else. I hope that Buffalo doesn’t experience a boom similar to what we saw throughout much of the country because as we learned it is not a sustainable path and ultimately more value is destroyed than is created. My home is not an investment. It is a place for me to live. And Buffalo is the first place I’ve lived in, among five others, that I wanted to make my home.

  • Metropolis, Newell (aka queenseyes) posts a couple times a day it seems. Sometimes more, sometimes less. His articles have the byline “queenseyes.” Fairly deceptive, I know, but see if you can keep up with the chicanery.

  • Just say “sponsored post” for the sponsored stuff and that will end this nonsense. Meanwhile, the news about a successful realty in the city is indicative of a long-term trend. Short-term, who is doing well anywhere? The whole country has suffered, Buffalo included. Long-term, Buffalo has so much going for it, if you can see the forest for the trees.

  • BuffaloPundit+BuffaloGeek (JohnMartin)=WNYmediaFAIL
    Go save Santa’s Park or something else of equal importance!
    I honestly think you are jealous.

  • 760

    ahhh…It’s a small town. We tried telling people who advertise with us that we absolutely wouldn’t write about them, but that left out a lot of successful businesses. We write a lot of business. We can’t apologize for that. Everyone’s number comes up eventually, and we don’t trash anyone, right?

  • ECB – LOL

  • 397

    I say plenty of unpleasant things here with my own name, thank you very much. As for this issue of whether or not BR sells advertorials/editorials, I really don’t care. hth! Also, we’re doing just fine over at our own little company on Niagara Street, you should stop down at the new media collaborative we’re building. http://tinyurl.com/5rnarg
    We’re investing in our community and we’re doing quite well, thanks for caring!

  • we don’t trash anyone, right?”
    BR trashes a lot. I’m not saying there’s anything wrong with that, but to deny it is silly.
    – Basar Issa’s construction workers for not wanting to work for $7/hour in jobs where they wren’t provided OSHA-required safety gear
    – CVS for having blocked windows
    – Wilson Farms for having a parking lot and being tragic
    – RisingDamp666 for being from out of town
    – Tillinghast residents who QE tore apart about the FLW zoning change issue
    What am I forgetting? Anyhow ECB, seriously, you’ll feel better if you just admit you’re no better than the rest of us. I’m not saying you’re any worse, but you’re no better. Admit some flaws, admit some mistakes freely and without excuses. It’s empowering really. Maybe, in hindsight, subconsciously and without sinister intent – advertisers get a little extra love which maybe could be noted, and when you feel it’s deserved you do trash people and businesses soundly. It’s ok, really.

  • 822

    1. Calling BP unsuccesful is odd. As far as I know, he’s the most-read blogger in town who a) actually calls himself one and b) isn’t a bank robber.
    2. His allegation — that BRO sells coverage — is either true or untrue, regardless of what anyone feels about him. And I haven’t seen a denial yet. ECB’s posts here aren’t denials.
    3. His allegation either matters or it doesn’t. In the grand scheme, who cares? Still, some clarity about what is real self-generated coverage and what is bought and paid for would be a service to readers. There’s a difference between writing a positive article because that’s your editorial policy, and writing one because someone paid for it.

  • Good evening everyone, my name is Joe ( I am one of the Realtors interviewed in the article ) I find it quite entertaining to read the various comments posted. There are the obvious, who know little or nothing about the Real Estate market, and some who do, there are some ( like Dash) who are just grateful to be able to purchase a home that they can afford and enjoy, and those who are proud of our city. There are those who just want to criticize, ( even grammar ) cry, bitch, and moan, no matter what the article is about and go off on their own self attention tangent. It is easy and takes no talent or intelligence to criticize or accuse others of ulterior motives. What I would like to know is what makes a Real Estate company different from another business? Shoe fly, a bike shop, a hair salon or restaurant. Isn’t this what BR is about? People and Businesses that invest their time and money in our city. I left another Real Estate company to work for Peterson when I heard they wanted to open up a city office because I have personally invested a lot in this city and was excited to be able to be a part of it. To set the record straight for those who didn’t take the time to fully read this article, we were speaking about a (specific market), that being The Elmwood village, Allentown, Parkside area, and how property values have increased, which they have. Not the east side, lower west side, So. Buffalo or the burbs. For those neophytes that think they can do a market analysis, it’s not as easy as one thinks and you need to have access to the correct data and plug in the right data. A few wrong clicks and your numbers will reflect that. For those of you who speak of the ( bubble ) well that gets complicated, and I don’t think anyone wants to read a book, but rest assure, we’re safe. Most all of the housing problems was due to speculators increasing inventory with pre-construction builds, hoping to sell them for a profit, and the buyers ran out, ex. AZ,FL CA. For those of you who haven’t noticed, we don’t have any room to build here in the city so that will never happen. We have a VERY healthy market, probably one of the healthiest in the country. And no, I don’t see prices dropping here. (Again), in the specific market we discussed. I do however feel for those who have gotten priced out of the market. As for BR, I was sold on them the minute I saw their publication and what they stood for, also the fact that they didn’t have the back pages filled with smut. But of course you can’t please everyone. Excuse me for advertising. My hats off to Elena, Newell, and the rest of the crew. Keep up the good work, besides, we got to give the naysayers and the ones who think they own BR something to bitch about, don’t we. If had to bet, they probably don’t even own property. PS. Elena, don’t spend that briefcase of cash we gave you to do the article in one place..

  • 516

    Did BRO get paid to write this article? Still no clear answer.

  • I am pretty sure ECB was being sarcastic and I found it humorous.

  • lol wow, your unreal…

  • wabob, i was referring to davvid

  • MrRealEstate – got it – didn’t think otherwise. It was a great story, by the way. I will call you if I sell my house anytime soon.

  • Come on Buffalo Geek and Buffalo Pundit, are you building a new media collaborative or are you just renting a room at a place more in your price range from your former Elmwood Avenue address that once housed the WNYmediaFAIL giant.
    You guys crack me up. You are really an important voice on the local media scene. N O T I guess in your minds you think you are.
    Right now WNYmediaFAIL is at Media -1.3
    Maybe when you are renting space at the “Y” you will get up to Media -.15

  • whataboutbob, thanks, I’d be honored, you know where to find me.

  • 516

    I think it’s a fair question. Of course, I wish Joe the best of luck with his business. I would just like to know if this was a paid advertisement or not. I didn’t see a clear answer. Maybe I missed it.
    This also relates to the integrity of WBFO because of their collaboration with this website.

  • No David, BR was not paid a penny, as I mentioned, why would we be any different from anyone else, did you see all the press Hunt got last month. They don’t advertise.

  • 516

    ok thank you

  • 328

    i liked the article. people always want to rain on this publications parade… why?

  • 394

    Its pretty much the same couple of people all the time, and once again I’m kicking myself for even bothering to post about it. Stop causing me to waste my own time!

  • Considering there is no links to MJ Petersons website in the article, I don’t think they paid anything for it. 2 cents

  • JohnMartinBuffaloGeek, I love the rock-solid accusation of “an unnamed friend of mine was solicited by an unnamed ad rep with a never-seen advertisingcontract that had editorial in it.” Can you maybe name this mystery friend, name the mystery rep or post this contract?
    I’ll take the over on the response time to this inquiry.

  • JohnMartinBuffaloGeek, I love the rock-solid accusation of “an unnamed friend of mine was solicited by an unnamed ad rep with a never-seen advertisingcontract that had editorial in it.” Can you maybe name this mystery friend, name the mystery rep or post this contract?
    I’ll take the over on the response time to this inquiry.

  • 397

    Chaz, yes, we are building a new media collaborative with our partner and landlord. Are we handling the work on the physical plant of the building? No. We are marketing the space, recruiting companies, and trying to build a freelance media collective. If you’d like more details on how you can join, shoot me an email. It’s in my profile. Thanks for caring!
    As for the location on Elmwood, it served it’s purpose. We outgrew the space, needed something different and moved over to Niagara Street. We have a larger space now that comes with presentable furniture, air conditioning, bathrooms that work, and everything! See, we started out small and didn’t put much money into overhead expenses and instead focused on growing our business. Our first year was up and down, but things are going very well for us. Emerging profitably from the first year of incorporation is quite an accomplishment, and we’re pretty proud of it.
    If you’d like more information about how it is that we make money, what we do, and how we do it…you are more than welcome to sign a NDA and we’ll provide you with a presentation.

  • BuffaloGeek,
    In other words, you wrote advertorials for your landlord under the guise of normal everyday blog posts to help bolster your business and his. Was that part of the deal when you moved in? “We will talk you up on our blogs if you cut a deal with us.”
    Sounds dirty to me!
    You should really just admit it. Maybe have a disclaimer on the site listing which blog posts are advertorials and which are not.

  • hold on, hold on, i thought pundit said they shut down the wnymedia office because they didn’t need one anymore. they could do “everything” from home. now geek says they outgrew Elmwood. and they have advertorials for the new landlord? OMFG, OMFG, this is so outrageous.

  • I believe Pundit/Geek/Martin meant they physically outgrew their Elmwood Rising space- as in the doors weren’t wide enough for their large heads and even larger girth.

  • 407

    Wow, @platt4 – fat jokes. That’s the sign of a true denizen of St Buffalo of Rising and its hyperlocalpositivityexpialidocious.
    ChazBrown – I posted about coworking after learning about it from a Montreal-based hyperlocal blog, and the owner of the place we ultimately rented posted a comment in reply. We then looked into it and signed on. We have no deal for decreased rent in exchange for promotion, and if we did, we’d disclose it.
    And the reason we took it? While we can do the work from home, our video producer’s home is a bit too messy and dog-infested to hold business meetings in. Thanks for asking!

  • @BuffaloPUndit
    There is no denial about writing the advertorial in your comment. All you say is there was no deal for rent. That is pretty telling. WNYmediaFAIL should practice what it preaches and come clean about what posts they have that are paid promotion and which are not especially on your blog.

  • 407

    @ChazBrown: Never in the history of my site have I written something in exchange for any consideration – not money, not goods, and not services. There has never in the history of my site been so much as a letter typed that was paid for in any way by anyone.
    Is that good enough for you?
    Now go ask Barry or whomever what to write next.

  • Hello everyone. This is my first post on BR so please do not jump at me:-). I have noticed what people have been saying as an improvement in many areas of Buffalo. Living a few blocks from Richmond westward, in the once scary neighborhoods of the west side I purchases my first house. I’m still in college, young, 24, and love living in the city. I looked at over 40 houses before I choosing mine and lucked out. The previous owner was an out of towner who began to fix up my house and made many updates to it, but like many others got ripped off by property managers. My house was vacant for 12 months with homeless people living in it. From the time I have moved in to now (just about 2 years) my house is a gem in this neighborhood. Living one block off york street I have slowly seen the drug actively dying, heroin addicts less and less. From first had experience I have seen many owner occupied housing come into this neighborhood. I think the cheap real estate in this area is a plus for Buffalo. It gives prospective buying the opportunity to purchase a home. The problem still is that each street is hit an miss. Coming off Richmond see for yourself. 16th street amazing, 15th eh not so bad, 14th scary, Normal ave coming back, plymouth D’youville is buying the whole street. In short, I believe the lower property prices helps Buffalo by allow young individuals such as me move in and live in the neighborhoods that were once scary and off limits and turn them around.

  • Jolopy,
    I love your outlook about your neighborhood and how you see the positive – and great potential — where others may not. Welcome to BRO!! I think you are very wise.

  • 397

    First of all, let’s define “advertorial” for the purposes of discussing our office space.
    As per wikipedia, “An advertorial is an advertisement written in the form of an objective opinion editorial, and presented in a printed publication — usually designed to look like a legitimate and independent news story. Advertorials differ from publicity advertisements because the marketer must pay a fee to the media company for the ad placement, whereas publicity is placed without payment to the media company and with no control over the copy.”
    In the two articles that were posted on Alan’s page and the frontpage of WNYM, there was no exchange of money or discount offered in rent for the posting of that material. As stated in both articles written about our office space, the developer stumbled into a conversation we were having on the blogs about coworking. He reached out to us and invited us down to see what he was building. We were interested, signed a lease, and asked the developer if we could try to build a media collaborative in the space. He gave us a few months to fill it before he went about filling it with whomever would rent. Also, in the articles, we referenced that there was a partnership between ourselves and the developer which allowed us to attempt to fill the space. No discounts or cash were exchanged and we provided full disclosure of all details.
    For the purposes of this discussion, I’ll share with you our definition of media collaborative. “A professional and cool office space in which freelance videographers, journalists, filmmakers, writers, designers, and programmers can work together and utilize each other’s talents to generate more business for one another.” The thinking was, it would be nice to have a group of professionals which would allow any to bid on projects that prior to joining the collaborative, they might not have had the skills/resources with which to bid. So, that’s what we’re trying to build. If you have some sort of issue with that or don’t believe me, well, I don’t know what to tell you. Also, to follow up on Alan’s point…we have never accepted money or consideration for the posting of any content.
    Finally, yes, we outgrew our tiny office on Elmwood. There were some issues with the space, but the landlord was great. It seemed unnecessary to have a dedicated solo office space when we did most of our work from home and the video and film shoots rarely happened in our office. I’d say that 90% of our business was conducted either “on location” or in someone else’s space. In the end, the office was empty just about every day except for the night time when our web guy came in to work by himself.
    When we stumbled into this current situation, we thought it was an opportunity to try out the collaborative idea that we had been back burner planning for a couple of months. I didn’t have to buy the building or renovate the space, which removed the risk. It also allowed us to invest in new equipment rather than build out space.
    If things work out the way we hope, in a year or so we might be buying our own building in which to move our collaborative. If it fails, well, we didn’t risk much.
    As always, thanks so much for reading our sites and taking the time to comment everywhere we go!

  • JohnMartinBuffaloGeek –
    We’re all still waiting on the details of your “unnamed friend” who was sold editorial with a mysterious contract? Any luck finding any details to substantiate?
    I didn’t think so – good thing I bet the over on your response.

  • 379

    Eliotspitzer:
    Last Login
    1 week, 3 days ago
    Funny how someone can add a comment today, and not actually log in for more than week. Smells like an inside job to me.

  • Those with comments here, might be interested to making a comment at http://www.truckandbarter.com . It’s a website where there has been a three year, ongoing discussion on Buffalo real estate. Some of the negative things being said there really need to be turned around. There are many, many investors who think they can come here and take our city from us. It’s sickening. Go there and give ’em what for! I gave them a piece of my mind. They are the very reason some of our neighborhoods are finding it hard to come back.. You get three or four dedicated homeowners who buy and are full of grand dreams of bringing the street back, and their dreams are dashed by out-of-town thieves who take and take and don’t give a damn about giving back. If they gave a damn, they’d charge rents in accordance with the income of the working poor and give them a chance to buy a home at a price they can afford. But, these very homes get snatched out from under the poor and they lose faith in the American Dream and in society as a whole and become the downtrodden, and become society’s burden. Everyone who rents from these investors(LOL) gets caught up in a vicious cycle of trying to meet a rent they can’t afford and end up doing things they really don’t want to to get up the cash.
    The city should look at what the out-of-town investor paid for the property…what they got out of it…and even charge them for what they haven’t put back into the property from the date they bought. Require out-of-town owners to return a percentage back into the properties they own or charge them a set extra tax rate for being an out-of-towner when their property shows signs of neglect. It would need legislation for sure, but I’ve always thought owners who don’t do a thing to the point of detriment to the community around them should be hit in the place it hurts most. The city could force them to sell and pick from a pool of low income families looking for a home who apply for buying that home.