BUFFALO, N.Y. (WKBW) — The Buffalo Grand Hotel is set to convert approximately two thirds of its hotel into residential apartment units, while leaving the remaining third of its facility hotel rooms.
Developer Harry Stinson says his decision to make this pivot in his business model for the Buffalo Grand is not strictly because of the pandemic, but also because of limited market conditions he saw in 2019, especially around conventions and concerts.
"It's great when you have a concert or a few a year, even if you have several in the summer and some [tournaments], you're still only looking at a few dozen nights out of 365 [days]," Stinson said in a phone interview.
Stinson says approximately 200 units will be converted to apartments, which he envisions to have robotic features. He plans to have the apartments ready to go by the end of the year.
As for the hotel, Stinson told 7 Eyewitness News that it will re-open on July 1st.