Insights
2024 Q4 Ciminelli Quarterly Newsletter by Ciminelli Real Estate Corporation
2 min
In Episode 19 of the Ciminelli Chats, we sit down with TechBuffalo to explore how local initiatives are shaping the future of tech in Buffalo.
25 min 57 sec
“Buffalo’s superpower is people who care. When you take people who care and give them opportunities to do something about – great things happen.”
1 min 53 sec
CHALLENGES//
WellNow Urgent Care and Aspen Dental represent the changing face of retail healthcare. Providing a retail model that demands a robust physical footprint, curb appeal, and a quality medical experience for patients was proving difficult for their in-house property management team to manage in high traffic sites that were often in need of minor repair. Proximity to the portfolio ...
2 mins
We're joined by Kevin Heffernan, Director of Communications at GoBike, and Kyle Ciminelli, President of Ciminelli Real Estate Corporation, to discuss how transportation, walkability, and road design are shaping Buffalo’s growth and economic development.
25 min 57 sec
2024 Q3 Ciminelli Quarterly Newsletter by Ciminelli Real Estate Corporation
2 min
Buffalo has reinvented itself over the years with a focus on the city’s later 19th- and early 20th-century architecture. The doors to 34 downtown buildings, many from that era, will open free from 10 a.m. to 4 p.m. today, so the public can experience why they garner attention.
Visitors will be able to see architectural gems including the Guaranty Building and M&T Gold Dome Bank, ...
2 min
"We have the ingredients; we have fast-growing companies that want to be in a forward-thinking, new-age city, and we need to give them that opportunity. We want Ciminelli to be one of the driving forces behind that."
3 mins 13 sec
Paul Ciminelli has spent close to four decades building his Buffalo-based Ciminelli Real Estate Corp. into an operation with offices in Florida, Pennsylvania and Massachusetts and a business presence in eight states. Among its significant achievements have been completing the 350,000-square-foot Conventus medical office building in Buffalo and providing property management work for KeyBank. ...
2 min
While implementing a strategic maintenance plan can be daunting, prioritizing five simple areas can help position your property for success.
3 min
Preventive maintenance plans provide a roadmap to overall building success.
3 min
CORPORATION CHALLENGES//
Catholic Health is one of the largest healthcare networks in Western New York, providing care through a network of hospitals, nursing homes, home care agencies, and physician practices. The rapid growth of their real estate portfolio challenged their in-house property management team with managing workflow and cost between facilities that were aging and in need of ...
2 mins
Among commercial developers, public art is quickly becoming a mainstay of a successful project.
3 min
CHALLENGES//
With a medical portfolio totaling over 26M SF, Remedy Medical Properties is the largest private owner of healthcare properties in the country. Ciminelli’s relationship with Remedy includes a spectrum of services from development to property management. Remedy’s growing portfolio spans several states making day-to-day project management, vendor coordination, and tenant relations ...
2 mins
CHALLENGES//
Ciminelli’s management agreement with Mountainview Townhomes Association focused on owner concerns related to vendor performance on maintenance tasks and repairs. Existing conditions did not meet owner expectations, and basic maintenance was being neglected by the current management company.
ACTION PLAN//
Ciminelli’s residential management team performed a thorough ...
2 mins
CHALLENGES//
Conventus, a 7-story center for collaborative medicine, dates to 1993 when Ciminelli purchased a medical office building on an adjacent parcel, demolishing that building in 2006 with a vision for significant development at the “Northern Gateway” to the then-emerging Buffalo Niagara Medical Campus (“BNMC”). Working in conjunction with Kaleida Health, the result was an ideal 2+ ...
2 mins
CHALLENGES//
At 5:30 am on Mother’s Day, May 14, 2023 Ciminelli’s Property Management team responded to an alarm at the historic Cyclorama Building in Downtown Buffalo. A utility supply event had triggered a fire inside the structure and it was clear the damage was significant and would severely limit business activities of the major tenant.
ACTION PLAN//
Timing was going to have ...
2 mins
2024 Q2 Ciminelli Quarterly Newsletter by Ciminelli Real Estate Corporation
2 min
Buffalo developers withstand and often thrive in a variety of economic climates.
3 min
CHALLENGES//
The Highland Park apartments are part of a planned mixed-residential community development aimed at reviving the former Central Park Plaza that had fallen into disrepair. The project borders a large, active development site and a densely populated, community-centric area that can be overwhelming for new residents. In addition, the apartments at Highland Park represent the first ...
2 mins