As owner of one of the region’s largest commercial real estate portfolio, Bill Paladino has some serious concerns about how Mayor Sean Ryan’s proposed 25% property tax increase will not only impact his bottom line but also the ability to bring more business into Buffalo and the central business district.
“It is going to effect us and going to effect a lot of our tenants,” said Paladino, Ellicott Development Co. president and CEO.
Ellicott has more than 10.5 million square feet of commercial space in its local portfolio including the historic Ellicott Square Building…