Inn On The River

Nov
12

Inn on the River wins city’s support

Graham on November 12th, 2009

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 at 7001 [...]

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Niagara Falls New York, Niagara Falls News 1 Comment »
Aug
17

Hotel project gets unusual tax break

Graham on August 17th, 2009

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 the full [...]

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Jul
20

Canadian group eyes two Falls hotels

Graham on July 20th, 2009

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 on the [...]

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Niagara Falls Developments, Niagara Falls New York, Niagara Falls News No comments »