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News 4 Buffalo
Local businesses face impact of Microsoft outage
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Wayfair Eyes Buffalo, NY, Suburb for 2028 Superstore Opening
Wayfair has selected the Buffalo, NY, area as a new market for one of its namesake brick-and-mortar superstores. Set to open in 2028, a 96,000-square-foot Wayfair store in the Buffalo suburb of Amherst, NY, will give consumers the chance to explore curated room and style displays, with employee -etted Wayfair Verified products among the featured merchandise, the company noted, Shoppers will be able to consult with on-site design experts at no charge and enjoy same-day pickup or fast delivery options for larger purchases, Wayfair reported.
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National Grid providing more than $2 million in economic development grant funding to bolster projects, foster growth across Western New York
Through its various economic development grant programs, National Grid supports the transformation of commercial districts, and long-underused properties in cities and towns across its service areas. And in recent months, the company awarded economic development grants totaling more than $2 million to six projects in Erie, Niagara and Chautauqua counties.
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Macerich Defaults On Nearly $400M Tied To Fresno, Niagara Falls Malls
Mall giant Macerich has defaulted on close to $400 million in loans backed by shopping centers in Fresno, California, and Niagara Falls, New York, as the real estate investment trust negotiates with lenders over which properties it will keep and which it will let go. The two defaults, totaling $399.4 million, mark the latest step in a broader effort by the company to pare down its national mall portfolio.