Ellicott Development Co. Explained

Ellicott Development Company
Founder:	Carl Paladino
Location City:	Buffalo, New York
Location Country:	United States
Area Served:	Western New York, Central New York and Pennsylvania
Key People:	Carl Paladino, Chairman William Paladino, CEO Joseph Hannon, President
Services:	Real Estate Development

Ellicott Development Co. is an American property management, leasing and development real estate firm based in Buffalo, New York and led by CEO William Paladino. The company's asset base includes residential, commercial, hotels, parking garages, and convenience stores. Ellicott Development Co.’s services include legal, administrative, financial, management, accounting, development, site selection, site assemblage, architectural design and drafting services, construction, leasing, maintenance, janitorial and security services.

History

Ellicott Development Co. was founded by lawyer and real estate developer Carl Paladino in 1973.^[1] The company is named after the Ellicott Square Building, Paladino's first and largest real estate acquisition to date. The Ellicott Square Building was named after Joseph Ellicott, the planner and surveyor who laid out the then-village of Buffalo.

The company buys properties, builds stores, and leases them to national retail outlets and government agencies.^[2] The company has operations in Western New York, Central New York and portions of Pennsylvania. Ellicott Development Co. describes itself as "a multi-faceted, fully integrated Property Management, Leasing and Development Firm with the "In-House" capacity to provide legal, administrative, financial, management, accounting, development, site selection, site assemblage, architectural design and drafting services, construction, leasing, maintenance, janitorial and security services."^{[1] [3]}

Ellicott Development Co. has properties throughout the Buffalo/Niagara region, Upstate New York and into Western Pennsylvania.^[1] In 2010, the company managed more than 5000000square feet of office, retail, hotel and residential space. In downtown Buffalo, the company manages over 1500000square feet of office space (making Ellicott the largest private landlord in downtown Buffalo^{[4] [5]}), over 1000000square feet of retail space throughout New York and Western Pennsylvania, eight major hotels in the Western New York, as well as more than 550000square feet of residential apartments, condominiums and townhomes in the Buffalo/Niagara region.^[3]

As of 2010, the Company had built 160 drugstores for Rite Aid, eventually becoming the Rite Aid's preferred developer across Upstate New York and western Pennsylvania, 80 of which Ellicott still owned.^[4]

Properties

Ellicott Development Co. has owned and/or developed many historically significant properties. Examples include:

• 14 North Street, 14 North St., Buffalo  - built in 1899 and previously the First Baptist Church.^[6]
• Berkeley Apartments also known as the Graystone Hotel, 24 Johnson Park, Buffalo^[7]  - built in 1894 by architect Carlton T. Strong and engineer Ernest L. Ransome for the Pan-American Exposition.^[8]
• Ellicott Square Building, 283 Main St., Buffalo  - built in 1896 and designed by Charles Atwood of D. H. Burnham & Company.^[9]
• Fairmont Creamery Building, 199 Scott St., Buffalo  - built in 1920 for the Fairmont Creamery as a cold storage facility.^[10]
• Fidelity Trust Building also known as the Swan Tower, 284 Main Street in Buffalo  - built in 1909 and designed by E. B. Green of Green & Wicks^[11]
• United Office Building also known as the Giacomo, 220 Rainbow Blvd., Niagara Falls  - built in 1929 and designed by the Esenwein & Johnson.^[12]
• Mickey Rats, a landmark bar and grill on the Lake Erie shoreline in Evans, New York.^{[13] [14]}

Projects in development

• 11 Chicago Street, Buffalo  - a former Brownfield site; there are tentative plans for a 100000square feet office building
• 905 Elmwood Avenue, Buffalo  - L-shaped building, designed by Kideney Architects and anchored by a 5000square feet restaurant, as well as 21 apartments with additional street-level retail (approximately $10 million)^{[15] [16]}
• 201 Ganson Street, Buffalo  - a 54000square feet structure on a 13-acre property near Buffalo RiverWorks that has over a quarter mile of Buffalo River frontage. It will purportedly be used for commercial and industrial use.^[17]
• 310 Niagara Street, Niagara Falls  - now used as the offices of The Niagara Gazette. The Niagara Gazette will be moving into space owned by Ellicott at 473 Third St., Niagara Falls. Plans for renovation are unknown at the current time.^[18]
• 399 Ohio Street, Buffalo  - 5-story mixed-use development with 30 apartments on the upper three floors, with commercial space and ground-level restaurant (approximately $6 million). The site faces the Buffalo River and is across from Father Conway Park in the Old First Ward.^[19]
• Waterfront Village, Buffalo  - nine townhouses on Ojibawa Circle adjacent to the existing Ellicott Development, Pasquale Towers (approximately $4.5 million)^{[19] [20]}
• 722 West Delavan formerly Frederick Law Olmsted School - School 56, Buffalo  - a 76000square feet four-story building on Elmwood and West Delevan that will be converted to a mixed-use project with 33 apartments, approved on 28 July 2015 by the Buffalo Planning Board.^[21] Due to public outcry regarding Carl Paladino's racist remarks about three local officials and resulting denial by the IDA of tax breaks to the developer,^[22] he has decided to convert 722 West Delavan- the old P.S. 56- into a theater and performing arts center. The Ujima Theatre Co. will occupy the space; it plans to produce works that are rooted in traditional African-American theater.
• 207 West Huron, Buffalo  - renovation of a 26000square feet a lower West Side building, constructed in 1955^[23]
• 960 Busti Avenue, Buffalo  - a 56000square feet warehouse on the West Side built in 1930, north of the Peace Bridge that overlooks the Niagara River; it will be converted into a mixed-use project with 18-20 apartments (approximately $7–10 million)^{[19] [24]}

See also

• Carl Paladino
• Buffalo, New York
• National Register of Historic Places listings in Buffalo, New York

External links

• Ellicott Development Co.

Notes and References

1. Web site: Company Overview of Ellicott Development Company, LLC. bloomberg.com. Bloomberg L.P.. 15 October 2015.
2. Breidenbach, Michelle (2010-10-10). "How Carl Paladino built his Rite-Aid empire". The Post-Standard (Syracuse, NY). Retrieved 2015-10-13.
3. Web site: About Us. ellicottdevelopment.com. 13 October 2015.
4. News: Halbfinger. David. Early Lessons Forged Paladino's Combative Style. 13 October 2015. The New York Times. September 26, 2010.
5. Web site: About Carl. carlpaladino.com. 13 October 2015.
6. News: Buffalo Christian Center Closing – Ellicott Development Planning Reuse. 15 October 2015. Buffalo Rising. August 7, 2014.
7. Web site: Graystone Hotel / Berkeley Apartments. preservationready.org. 15 October 2015.
8. Web site: National Register of Historic Places Registration: Berkeley Apartments. August 1987. 2009-06-14. Robert T. Englert. New York State Office of Parks, Recreation and Historic Preservation. See also: Web site: Accompanying eight photos. 2015-10-13. 2015-09-24. https://web.archive.org/web/20150924135605/http://www.oprhp.state.ny.us/hpimaging/hp_view.asp?GroupView=2247. dead.
9. Web site: LaChiusa. Chuck. Ellicott Square Building - History. buffaloah.com. 15 October 2015.
10. News: Miner. Dan. Fairmont Creamery, Compass East make Start-Up NY list. 15 October 2015. Buffalo Business First. July 3, 2014.
11. Web site: LaChiusa. Chuck. Fidelity Trust Bank Building / Swan Tower. buffaloah.com. 15 October 2015.
12. Web site: Giacomo Hotel & Residences (former United Office Building). usaniagara.com. 15 October 2015. 3 March 2016. https://web.archive.org/web/20160303223142/http://www.usaniagara.com/projects_display.asp?id=1. dead.
13. Web site: Mickey Rats back for one more season. James. Fink. Buffalo Business First. April 12, 2018. April 12, 2018.
14. Web site: Mickey Rats Revival: The plans to reopen Angola's popular summertime spot. Rachele. Mongiovi. WIVB-TV. April 12, 2018. April 12, 2018.
15. News: Fink. James. Ellicott Development buys Elmwood Avenue properties for mixed-use project. 13 October 2015. The Buffalo News. August 3, 2015.
16. News: Fink. James. Ellicott Development's $10M Elmwood project approved. 13 October 2015. Buffalo Business First. November 5, 2014.
17. News: Wiley. Desiree. Ellicott Development buys riverfront property for $2.17 million. 13 October 2015. WKBW. June 17, 2015.
18. News: Gazette offices moving to Third Street. 13 October 2015. Niagara Gazette. October 6, 2015.
19. News: Fink. James. Ellicott Development proposing some $20 mil worth of Buffalo projects. 13 October 2015. Buffalo Business First. February 17, 2015.
20. News: Scanlon. Tim. Construction Watch: Waterfront Village Townhomes. 13 October 2015. Buffalo Rising. October 8, 2015.
21. News: Epstein. Jonathan D.. Go-ahead for a transformation. 13 October 2015. The Buffalo News. July 30, 2015.
22. Web site: Paladino cries foul over IDA vote. news.wbfo.org. 2015-12-03.
23. News: Fink. James. Ellicott Development buys West Side building; has Elmwood restaurant under contract. 13 October 2015. Buffalo Business First. July 28, 2015.
24. News: 960 Busti Avenue Conversion to Include 18 Apartments and Commercial Space. 13 October 2015. Buffalo Rising. February 20, 2015.