Apartments, Lofts, & Rebirth: Buffalo’s Housing Market is Red Hot
If you were to drive through Buffalo NY 10, 15, 20 years ago, you’d experience a lonely city desperate for a facelift. Old industrial buildings featuring the scars of a booming industrial city of yesteryear. Multi unit houses in need of a facelift and starved for a little TLC. Today the housing market sits as high and competitive as it has been in Buffalo’s rich history. Buffalo is booming, and Kissling sits right at the forefront of the rebirth of our eclectic Rust Belt city.
According to WGRZ, the average home is now selling for $120,000, and the average rent for apartments in Buffalo New York is at $739 a month. Lucrative new companies, a youthful new generation of Buffalonians sticking around after college, and an ever increasing concoction of culture have increased the value of living downtown.
With so much competition for housing, and an upsurge in desire for upscale lofts in Buffalo NY, Kissling has been making moves for new style of life downtown. Representatives of Kissling recently spoke with the Buffalo News about the future of 298 Main, an early 1900s property in the process of becoming some of the finest apartments for rent in Buffalo.
“We are excited not only for the redevelopment of this historic building, but also for the future of Buffalo. This location provides us the opportunity to craft a work/live lofts environment that we believe is key to reversing urban blight and making city living exciting again.”
WGRZ also had things to say about what else will be featured within the historic building, in addition to the penthouse apartments and high end lofts.
The building will also have valet parking, and someone staffing the concierge desk 16 hours a day, seven days a week. Two of the lofts will be penthouse apartments with spectacular views and private rooftop patios.
For more information on 298 Main or any of our Buffalo apartments of lofts, please don’t hesitate to give us a call. Stay tuned for more updates from Kissling Interests, providing Buffalo with apartments and lofts for years to come!