Ciminelli Real Estate Corp. has increased its presence in the Buffalo Niagara Medical Campus by acquiring the Langston Hughes Institute.
According to documents filed in the Erie County Clerk's office, a Ciminelli affiliate, 33 High Street LLC, bought the three-story, 28,500-square-foot building from the Langston Hughes Institute for $1.9 million.
The property is located almost across High Street from a former medical tower that Ciminelli and Kaleida Health jointly own and are working on development plans. The tower was imploded three summers ago.
Paul Ciminelli, Ciminelli president and chief executive officer, said his company is still working on possible development plans for the building.
"It's a strategic location to our other adjacent developments," he said.
Ciminelli has been negotiating with the Langston Hughes Institute for more than one year on the deal.
"We were meeting on a regular basis," Ciminelli said.
The institute will be leaving the building within the next month. A site search for a new location is expected to be completed soon.
The Langston Hughes Institute offers a wide variety of educational and cultural programs that are focused on African-American history and traditions.