BUFFALO, N.Y. (WKBW) - On Monday, the Erie County Industrial Development Agency (ECIDA) met with a hefty proposal on its agenda...the Uniland Development and Delaware North Companies sales tax abatement application.
However, that's no longer the case. Both companies requested the ECIDA table its applications.
Last week, Uniland and Delaware North requested tax breaks and other incentives for the new office space and hotel complex at 250 Delaware Avenue in downtown Buffalo.
State Assemblyman Sean Ryan did not like the idea of taxpayers subsidizing a project of this proportion for the city, but Uniland claims the brand new, 12-story building cannot move forward without financial assistance.
The original proposal of a hotel and office space, coupled with a parking ramp would cost an estimated $80-million.
The ECIDA Policy Committee will review a project incentive request from API Heat Transfer Inc.
No word yet on whether or not they'll reveal an update on the status of the Uniland/Delaware North Company projects.
Ryan released a statement Monday morning, which said:
“I am pleased to see that the public outrage surrounding this project has convinced Uniland and Delaware North to seek a delay in the process. It is my hope that Uniland and Delaware North will rescind their applications and move forward with the project they have already intended to pursue, without demanding unnecessary taxpayer subsidies. As we learn more information regarding this project, it has become clear that the ECIDA board should reject the applications, if they were to come up for a vote.”