Buffalo's tallest building clears out

November 8, 2013 Updated Nov 8, 2013 at 10:35 AM EDT

By Elizabeth Carey, Business First

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November 8, 2013 Updated Nov 8, 2013 at 10:35 AM EDT


So much for the hustle and bustle that used to fill the former HSBC Tower. That's the focus of the cover story in today's Business First. It's called Running on Empty. The report takes an up close look at the tower and what life is like for the workers that remain, like the owner of the news stand, which used to be a very busy place.

The 38-story office tower, now renamed One Seneca Tower, is losing three longtime anchor tenants and soon will soon go from from fully leased to 95 percent vacancy, with a loss of more than 3,000 workers. The report says sales at the news stand are off by 90 percent. The small business owner says he's been hurt by corporate decisions. This week, the $74.5 million mortgage on the site shifted hands, signaling an anticipated ownership or scenario change. You can read more about the site in today's Business First.

Mt. Mercy Academy is recognizing community leaders with Distinguished Alumnae and Spirit of Mercy awards. More than half a dozen people were recognized at the annual Mercy Honors dinner at Brierwood Country Club last night. Congratulations to them!

Next week on WKBW-TV, we'll showcase some of Business First 40 under 40 winners. Those awards were held yesterday at the Buffalo Niagara Convention Center.