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View Poll Results: Will Buffalo See a Proposal for a New 40+ Story Tower Downtown?
Any day now! 16 40.00%
Yes, but at least ten years off. 13 32.50%
Not in my lifetime! 7 17.50%
Sure- Right after the Bills win the 'Bowl! 4 10.00%
Voters: 40. You may not vote on this poll

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Old September 8th, 2006, 03:46 PM   #101
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Quote:
Originally Posted by DallasTexan
And right next store is the rumored location for the new Bank of America HQ. They've simply grown tired of their flashy Charlotte operations.
Where did you hear that?
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Old September 8th, 2006, 03:50 PM   #102
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OMG your guesses are outlandish! A law firm as an anchor of a 52 story building in Buffalo?!?! Boeing! Think major company in town for decades,with a lease that expires in 2012. No new company, no new jobs (perhaps even fewer jobs) just new digs. Currently having trouble in preliminary lease extension talks with current building owners. This is what I am hearing from one of my Buffalo real estate buddies. My company is not involved with any of this directly so I am just passing on what I am hearing from a trusted source.
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Old September 8th, 2006, 03:56 PM   #103
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It starts with an H and ends with SBC.
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Old September 8th, 2006, 03:59 PM   #104
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Quote:
Originally Posted by ECoastTransplant
Where did you hear that?
The little man in my shed told me
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Old September 8th, 2006, 04:03 PM   #105
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Quote:
Originally Posted by DallasTexan
It starts with an H and ends with SBC.
Haechenbrosbc is coming to Buffalo? Sweet.
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Old September 8th, 2006, 05:10 PM   #106
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xzmattzx- you better hope Wachovia does not buy M&T or those jobs will all be going to Charlotte. that would be a total disaster. It would be like what happened to San Francisco when Nations Bank and B of A merged. At first they claimed everything would stay the same and then they yanked most operations east including the HQ.
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Old September 8th, 2006, 06:52 PM   #107
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That happens and I'm switching bank accounts as I've previously mentioned. If that happens, then Key, First Niagara, Citizens, HSBC, GBSB, etc, com'ingetme! It would be cool if all area account holders just all moved to the same bank - a reincarnation lol.
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Old September 8th, 2006, 06:59 PM   #108
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Quote:
Originally Posted by DallasTexan
It starts with an H and ends with SBC.
That probably makes the most sense. Though I'm going to disagree - it starts with HS and ends in BC. Tomayto Tomahto.

Though it seems to me we'd just be largely vacating a large tower in favor of another. Doesn't seem to be the optimal way to go about it. Maybe they're so thrilled at the prospect of ditching the Atrium so the City/County can let it sit and rot like the Aud?

And what's possibly better than the new tower itself - maybe it'll look better and the bowtie will actually look decent?

Or maybe it'll just be a carbon copy of the current tower, just a little taller.

In that case, one is enough; thanks but no thanks.
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Old September 8th, 2006, 07:06 PM   #109
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great two shoe boxes!!!!
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Old September 8th, 2006, 08:28 PM   #110
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Quote:
Originally Posted by sargeantcm
That probably makes the most sense. Though I'm going to disagree - it starts with HS and ends in BC. Tomayto Tomahto.

Though it seems to me we'd just be largely vacating a large tower in favor of another. Doesn't seem to be the optimal way to go about it. Maybe they're so thrilled at the prospect of ditching the Atrium so the City/County can let it sit and rot like the Aud?

And what's possibly better than the new tower itself - maybe it'll look better and the bowtie will actually look decent?

Or maybe it'll just be a carbon copy of the current tower, just a little taller.

In that case, one is enough; thanks but no thanks.
Shockingly, HSBC only occupies 5 floors in the tower. If it was indeed HSBC that was in negotiations for new space, it could be to consolidate their operations under one roof.
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Old September 8th, 2006, 08:30 PM   #111
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If HSBC ever left their 'signature' tower- imagine what impact it would have on the office market downtown? 600,000+ of space? It would take forever to fill. No, Larkin doesn't count- those were 50,000 sq.ft. floor and got tenants that likely would have chosen the suburbs.

Why are they negotiating a lease renewal now. Just wait until the building has new owners, it is on the market. If it comes off the market, HSBC has the owner where they want them. The proposal for a 'new tower' to locate to is nothing more than a threat. Next they'll say they're going to relocate to Fort Erie if they don't get a sweet lease.
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Old September 8th, 2006, 08:32 PM   #112
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Well, so much for saying an anchor tenant can't only occupy 5 floors of a major tower...

Who's #2?
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Old September 8th, 2006, 10:43 PM   #113
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Well, I take that back - we do occupy more than 5 floors, but many are mostly empty and the bank is trying to sublease them.

Floors 35 through 38 are completely empty because the bank moved it's executive operations out of Buffalo.

The second most high profile tenant is the Canadian consulate.
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Old September 9th, 2006, 12:09 AM   #114
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I would like it if this new building looked like this one:

http://www.emporis.com/en/il/im/?id=425456

I'd put it right down on the waterfront.
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Old September 9th, 2006, 12:18 AM   #115
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Hence the tinted glass.

Quote:
Originally Posted by ExWNY'er
I would like it if this new building looked like this one:

http://www.emporis.com/en/il/im/?id=425456

I'd put it right down on the waterfront.
Make it a little (a lot) less Commieblock-ish and update it a little, and it might look pretty cool.

Bridge the Skyway with it!
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Old September 9th, 2006, 12:28 AM   #116
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It's a total commie building. It's like the officials told him to come up with a space age building but the budget is $1000 kopeks. That or the architect left it up to his 5 year old to come up with. I think there is a buliding in Vancouver that is similar looking, but with only one tower.
http://www.emporis.com/en/il/im/?id=344324
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Old September 9th, 2006, 12:50 AM   #117
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Quote:
Originally Posted by DallasTexan
Well, I take that back - we do occupy more than 5 floors, but many are mostly empty and the bank is trying to sublease them.

Floors 35 through 38 are completely empty because the bank moved it's executive operations out of Buffalo.

The second most high profile tenant is the Canadian consulate.
What about these firms?

38: Harold C. Brown & Co., Inc. One HSBC Center 716-854-2500 Suite 3800
36: PricewaterhouseCoopers LLP 3600 HSBC Center
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Old September 9th, 2006, 01:02 AM   #118
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Maby Macy's will have a reginal HQ in Buffalo???
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Old September 9th, 2006, 02:08 AM   #119
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Quote:
Originally Posted by ECoastTransplant
What about these firms?

38: Harold C. Brown & Co., Inc. One HSBC Center 716-854-2500 Suite 3800
36: PricewaterhouseCoopers LLP 3600 HSBC Center
You're right I - Harold C. Brown & Co. now takes up a small piece of the 38th. I think PC moved to another floor, but I'm not sure since I don't work at the Center anymore.

Here's the the most up to date list I have from floor 25 that are vacant:

Floor Space

38 - 3,510 sf Finished 828 sf suite contiguous to 2,682 sf of raw space. Offers panoramic vistas toward the west and south
37 - 3,226 sf to 18,419 sf Finished, as-is space or build to suit
36 - 14,700 sf Versatile finished suite with multiple offices and large open area
35 - 4,766 sf Elegantly appointed finished suiteŚmove-in ready
28 - 3,242 sf Finished suite, multiple offices, and corner office with spectacular views
35 & 36 Can be combined to total 19,461 sf
37 & 38 Can be combined to total 22,000 sf

I'm somewhat confused though - it seems to be saying two different things. I can find out next week...
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Old September 9th, 2006, 06:53 AM   #120
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you know, in the last year or so...more have located into downtown rather that moving out.

I think the vacancy rate in downtown 4% from what I remember is healthy and puts Buffalo in a good position for adding new buildings and fill the existing ones.
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