Ellicott Development Co.

Ellicott Development Company
Founder Carl Paladino
Headquarters Buffalo, New York, 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
Website www.ellicottdevelopment.com

Ellicott Development Co. is an American property management, leasing and development real estate firm based in Buffalo, New York. 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] The company currently manages over 5,000,000 square feet (460,000 m2) of office, retail, hotel and residential space. In downtown Buffalo, the company manages over 1,500,000 square feet (140,000 m2) of office space (making Ellicott the largest private landlord in downtown Buffalo[4][5]), over 1,000,000 square feet (93,000 m2) of retail space throughout New York and Western Pennsylvania, eight major hotels in the Western New York, as well as over 550,000 square feet (51,000 m2) 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:

Projects in development

See also

References

  1. 1 2 3 "Company Overview of Ellicott Development Company, LLC". bloomberg.com. Bloomberg L.P. Retrieved 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. 1 2 "About Us". ellicottdevelopment.com. Retrieved 13 October 2015.
  4. 1 2 Halbfinger, David (September 26, 2010). "Early Lessons Forged Paladino’s Combative Style". The New York Times. Retrieved 13 October 2015.
  5. "About Carl". carlpaladino.com. Retrieved 13 October 2015.
  6. "Buffalo Christian Center Closing – Ellicott Development Planning Reuse". Buffalo Rising. August 7, 2014. Retrieved 15 October 2015.
  7. "Graystone Hotel / Berkeley Apartments". preservationready.org. Retrieved 15 October 2015.
  8. Robert T. Englert (August 1987). "National Register of Historic Places Registration: Berkeley Apartments". New York State Office of Parks, Recreation and Historic Preservation. Retrieved 2009-06-14. See also: "Accompanying eight photos".
  9. LaChiusa, Chuck. "Ellicott Square Building - History". buffaloah.com. Retrieved 15 October 2015.
  10. Miner, Dan (July 3, 2014). "Fairmont Creamery, Compass East make Start-Up NY list". Buffalo Business First. Retrieved 15 October 2015.
  11. LaChiusa, Chuck. "Fidelity Trust Bank Building / Swan Tower". buffaloah.com. Retrieved 15 October 2015.
  12. "Giacomo Hotel & Residences (former United Office Building)". usaniagara.com. Retrieved 15 October 2015.
  13. 1 2 3 4 Fink, James (February 17, 2015). "Ellicott Development proposing some $20 mil worth of Buffalo projects". Buffalo Business First. Retrieved 13 October 2015.
  14. 1 2 Fink, James (August 3, 2015). "Ellicott Development buys Elmwood Avenue properties for mixed-use project". The Buffalo News. Retrieved 13 October 2015.
  15. Fink, James (November 5, 2014). "Ellicott Development’s $10M Elmwood project approved". Buffalo Business First. Retrieved 13 October 2015.
  16. Wiley, Desiree (June 17, 2015). "Ellicott Development buys riverfront property for $2.17 million". WKBW. Retrieved 13 October 2015.
  17. "Gazette offices moving to Third Street". Niagara Gazette. October 6, 2015. Retrieved 13 October 2015.
  18. Scanlon, Tim (October 8, 2015). "Construction Watch: Waterfront Village Townhomes". Buffalo Rising. Retrieved 13 October 2015.
  19. Epstein, Jonathan D. (July 30, 2015). "Go-ahead for a transformation". The Buffalo News. Retrieved 13 October 2015.
  20. "Paladino cries foul over IDA vote". news.wbfo.org. Retrieved 2015-12-03.
  21. Fink, James (July 28, 2015). "Ellicott Development buys West Side building; has Elmwood restaurant under contract". Buffalo Business First. Retrieved 13 October 2015.
  22. "960 Busti Avenue Conversion to Include 18 Apartments and Commercial Space". Buffalo Rising. February 20, 2015. Retrieved 13 October 2015.

External links

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