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Nikola Tesla Developer of the Year Award - Carl Paladino

Many know me as the Chairwoman of Niagara Rises, Inc. which is a grass roots organization in Niagara Falls that is focused on reversing the course Niagara Falls is taking and reducing poverty in the Cataract City.    Part of Niagara Rises Mission includes a four day celebration at the end of June called Niagara Homecoming.   Niagara Homecoming includes a Career Fair, our Kickoff to benefit the NCCC Culinary School, Real Estate Open Houses and a focus on some of the very best things happening in Niagara County.   At our 2nd annual Kickoff, we handed out our Frank Thomas Croisdale Volunteer of the Year Award to Dr. David Taylor of Niagara University for his work with at Risk Youth.   We work very closely with Dr. Taylor and have some very exciting news coming up in the coming weeks about how Niagara University and Niagara Rises will be partnering together.

There were two new awards that we added this year.  The first was our Excellence in Media Award which was given to Mike Hudson of the Niagara Falls Reporter.    Their support of our organization when we couldn't get a single bit of coverage by other outlets is not forgotten.  Neither is the fact that the Reporter has become the official program to all events related to Niagara Homecoming is so very appreciated.   Like the cover this past week said "there is no place like home".     In an age where Newspapers are dying on the vine, the Niagara Falls Reporter is strong in a city that has not one but two major papers and a third producing a Niagara Section.   Western New Yorkers are very lucky to have the options that many communities no longer have.   Today they celebrate their 10th Anniversary - a great achievement.

Carl Paladino accepted the Niagara Rises Nikola Tesla Developer of the Year award from Colleen Kulikowski and in return honored the Niagara Rises Board of Directors on their hard work and dedication.

On Friday night, at the Rapids Theatre it was my honor to present our other new award - the Niagara Rises Nikola Tesla Developer of the Year award to Carl Paladino of Ellicott Development for his work on the Giacomo.  Below is my speech introducing Carl Paladino to the audience that attended our Kickoff Gala:

It was a very dark day when they first opened the United Office Building in Niagara Falls.   Fortunes were crumbling across the country as the stock market crashed on October 29, 1929.  Despite such an infamous introduction, the building rose tall into the sky in the city's South End and the citizenry seemed to embrace its existence as a standard bearer of prosperity and hope.

Throughout it's early life it was home to some of the top business names in the city, before it was abandoned in the 1980's. The elegant, art deco structure with its distinctive monochromatic-colored brick and decorative Mayan sculptures became the topic of much tangled bargaining as many government agencies and private developers tried and failed to breath life back into the abandoned structure.  For a long time it stood, empty, crumbling and towering over the city 20 stories high, a reminder to anyone who looked up of great promise gone sour.

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West Seneca is a community just south of the City of Buffalo.

Current market conditions for the Erie County community of West Seneca NY:

June 19, 2010

• There are 146 active single family home with an average list price of $149,544 ranging from $42,900 to $510,000
• There 98 pending/under contract sales and in the past 30 days there has been 30 closed sales with an average sold price of $133,659 spending an average of 34 days on the market
• There are 137 closed sales year to date with an average sold price of $126,443 spending an average of 51 days on the market
  • Highest closed - $270,000 - 261 days on the market
  • Lowest closed - $17,500 - zero days on the market

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• Multi-family Homes Market Report
• Condo/Townhome Market Report

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Current Real Estate Market Conditions - Lewiston Real Estate 

June 19, 2010

• There are 97 active listings with an average list price of $223,836 ranging from $52,500 to $749,000
• There are 31 pending/under contract sales and in the past 30 days there has been 6 closed sales with an average closed price of $209,833 spending an average of 124 days on the market
• YTD there has been 43 closed sales with an average closed price of $169,729 spending an average of 95 days on the market
  • Highest closed - $340,000 - 510 days on the market
  • Lowest closed - $25,000 - 3 days on the market

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Past Market Stats for Lewiston NY

• 2010 Lewiston NY Sold Homes
• 2009 Sold Lewiston NY Single Family Homes