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Rocco News: Closes on Sycamore Purchase; Planning Chandler Projects

Rocco Termini is making good on a pledge to purchase and save two of Buffalo’s oldest structures. The prolific developer has purchased 68-72 Sycamore Street for $120,000. His Sycamore Street Development LLC purchased the properties from Nancy Singh’s 68-72 Sycamore LLC. She paid $160,000 for the buildings in 2015 and had sought to demolish 68 Sycamore Street earlier this year before Termini agreed to buy them.

Termini has an extensive downtown restoration portfolio that includes the Lafayette Hotel, Ellicott Commons, Ellicott Lofts, IS Lofts, Oak School Lofts, AM&As Warehouse Lofts, and three downtown restaurant projects. In recent years, Termini has been busy in North Buffalo/Black Rock with several mixed-use redevelopment projects completed including ARCO Lofts, Houk Lofts, and Foundry Lofts.

Staying in North Buffalo, Termini’s latest focus is on Chandler Street. 155 Chandler, the former Linde Manufacturing Complex, will be a commercial incubator.  He has also purchased the building at 166 Chandler Street and is said to have two vacant lots under contract along the street for future development.

Written by Buffalo Rising

Buffalo Rising

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