There will be no loan forgiveness for Buffalo’s Braymiller Market. The Buffalo Urban Renewal Agency has voted to deny the request.
In July 2023, Buffalo Common Council approved a more than $500,000 forgivable loan. In the agreement, Braymiller was to stay open until the end of 2025, but the now-former market closed in December. The store only lasted three years at the downtown location.
Acting Mayor Chris Scanlon said the property will need to sell for more than $6.5 million for all owned debts to be paid, which he said is unlikely…