In recent months both TVGA and Alliance Advisory Group announced relocations from suburban locations to a vacant downtown building. Engineering firm TVGA has moved into 620 Main Street where its 50 local employees occupy the ornate 18,250 sq.ft. building. On Delaware Avenue, Alliance Advisory Group has purchased 600 Delaware Avenue, a 21,300 sq.ft. building it will renovate and shift its 35 local employees from Williamsville. Both are taking sizable chunks of commercial space off of the market.
Smaller tenants are also relocating to downtown. They don't make headlines but often relocate for the same reasons as large firms: central location, convenience, amenities, and a sense that downtown is on an upswing.
Jeffrey M. Goldfarb & Associates, whose advisors offer financial planning and wealth management, is one of those smaller firms. It has relocated its offices to the historic Ellicott Square Building's ninth floor. The move was made to accommodate the firm's need for additional space due to recent growth. Jeffrey M. Goldfarb & Associates is an independent firm and was founded in 1988.
The company expanded from 1,200 sq.ft. in Williamsville to 2,100 sq.ft. of space and recently added one new employee bringing its staff number to five. The company expects to hire two additional employees in the next year.
Their new office suite offers state-of-the-art technologies for the benefit of clients, while remaining user friendly.
"We wanted to keep things simple, and still incorporate cutting edge technologies," said Jeffrey Goldfarb, the firm's president and branch manager. "The additional space gives us the opportunity to do things we couldn't do in our old space."
For Goldfarb, the timing was right for a downtown move.
"We wanted to be in the heart of the city," said Goldfarb. "We love Buffalo and believe in its future. The Ellicott Square building is not only one of Buffalo's architectural gems, but also the perfect location for our firm due to its convenience and accessibility. Historic preservation is very near and dear to my heart, so our move made perfect sense."
"We looked for space in the Larkin District and a few other downtown locations before choosing the Ellicott Square Building," added Goldfarb.
"There's been a significant amount of creative reuse of buildings downtown, a lot of housing, new restaurants and urban amenities that are attractive to businesses like mine," he said. "Slowly but surely downtown is developing critical mass. Downtown is competitive again. So much of the office space in the suburbs is bland. Old is good."
"I always wanted to be downtown," added Goldfarb. "I'm an urban guy, I live in the city."
Get Connected: Jeffrey M. Goldfarb & Associates, 716.842.0145





The Ellicott Square Building really is a nice place.
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