From the Buffalo News: Owners of the newly named Four Points Hotel, formerly the Inn on the River, are finalizing details of a grant from the NFC Development Corp. and are on schedule for opening on New Year’s Eve, according to Mayor Paul A. Dyster.
From the Buffalo News: The city will chip in $650,000 of its casino revenue toward a project to renovate a high-rise hotel on the Niagara River. Directors of the city’s NFC Development Corp. on Monday unanimously approved a $650,000 grant for a project by hotelier Faisal Merani to reopen the former Inn on the River…
From the Buffalo News: The Niagara County Industrial Development Agency granted an unusual tax break Thursday that will allow a Canadian company to avoid property taxes for five years on a Niagara Falls hotel to help it buy and rebuild the closed facility. The developer, Merani Hospitality, must meet certain levels of investment to receive…
From the Buffalo News: The Niagara County Industrial Development Agency is considering tax breaks to help a Canadian company reopen two Niagara Falls hotels. The IDA board accepted applications Wednesday from the Merani Group of Companies, based in Niagara Falls, Ont., for payment-in-lieu of taxes arrangements, or PILOTs, to help it buy the former Inn…