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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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  • BlackRockLifer

    Glad to see this, it didn’t look good for these buildings until Termini stepped up. These two are among the oldest in the downtown area but there are many older buildings and homes in the city. Here in Black Rock there are many structures from the 1830’s, 1840’s and 1850’s including two brick homes very similar to 68 Sycamore.
    Also good to see Termini continue to invest in Black Rock.

    • Randy503

      I’m still upset that the Fitch Creche was torn down. That was a major loss for the city.

      • BlackRockLifer

        There were several old homes at Swan and Michigan similar to the Fitch Creche that were demolished around 1978. I was working as a roofer at that time and at the end of the day my boss would have us load stone lintels and windowsills from the demo’s onto his truck to use for landscaping.
        I helped salvage the Greek Revival door surround and the woodwork from the two principal first floor rooms at the Fitch House. The Fitch House was an outstanding example of the type of high end homes built in the 1840’s when Swan St was a wealthy address. I also salvaged the handrail from the main staircase and used it in my restoration of the 1830 Jacob Smith House and Tavern.

  • aojwny

    Such a great outcome!

  • OldFirstWard

    I’ve been waiting for this article since I first heard about this transaction some weeks ago. It’s great to see Rocco back in the game downtown. These mid-19th century brick high profile buildings landed a top shelf developer. Hopefully Carmina Wood Morris can procure the commission for the restoration and adaptive reuse plans. Make no mistake about it, this is a major victory for preservation community and the City of Buffalo. For Rocco, who declared that these buildings would not fall on his watch, this is probably one of the smallest projects he has been involved in. I’m both excited and curious to see how it evolves. Thanks again for stepping in and saving a valuable piece of Buffalo history Rocco.