The former Grace Manor Nursing Home has a new owner. Ellicott Development’s Carl Paladino was the high bidder at today’s auction according to The Buffalo News. Paladino got the property for $1.6 million, outbidding three other potential buyers.
Grace Manor is located at 10 Symphony Circle. The facility is approximately 81,200 sq.ft. on 2.14 acres and has a 167 patient capacity. Marketing material prepared by auctioneer Cash Cunningham described the site as ideal for student housing, a hotel, residential or assisted living. It is unknown what Paladino has in mind for the property.
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