The Central Terminal’s costly redevelopment plan

Officials call an $80 million proposal to redevelop two buildings adjacent to the East Side landmark “affordable housing.” At a cost of up to nearly $900,000 per apartment, critics say the price is too high and won’t help the people who live in the neighborhood.

The nonprofit charged with redeveloping Buffalo’s landmark New York Central Terminal, situated in one of the city’s poorest neighborhoods, has proposed converting two buildings on the sprawling campus into apartments that could cost as much as $900,000 per unit to build.

Critics tell Investigative Post the cost is astronomical and a poor use of taxpayer dollars…

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