x

Buffalo, NY | Local News, Weather, Traffic, Sports | WGRZ.com

Is there a market for $1 million townhouses in WNY?

Since Jan. 1, there have been 11 homes in the $1 million-plus range that have either closed or are under contract, according to Buffalo Niagara Assoc. of Realtors
Credit: Uniland
Townhouses that will be constructed on the former Park Lane Restaurant property UNILAND DEVELOPMENT CO./FOIT-ALBERT ASSOCIATES

BUFFALO, N.Y. — Michael Montante believes this much about the Gates Circle townhouses that began construction last week.

Montante, Uniland Development Co. vice president, believes there is a pent-up demand for the 12 upscale townhouses that will be constructed on the former Park Lane Restaurant property that overlooks Gates Circle. 

Even against the Covid-19 pandemic landscape, Montante thinks there is a strong market for the townhouses that will range in price between $850,000 for those facing Lancaster Avenue to $1.5 million for the units that front on Gates Circle.  You can read the full article on Buffalo Business First's website.