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West Herr WBEN Buffalo Business Report - Thursday, November 3rd 2022

Third auction set for Buffalo Niagara Marriott
marriott.com

The Buffalo Niagara Marriott is headed for another online auction. Business First reports bidding will start at $5.5 million for the December 12th-15th auction. Previously a bid of $11 million in 2020 and $16 million last April were rejected. Hotel owner Procaccianti Cos. owes more than $21 million on its mortgage obtained in 2011.

Also from Business First, the owners of Lockport's Freedom Run Winery have increased their asking price from $12 million to $13 million.  The 93-acre site contains production facilities, offices, a tasting room and a manor house.


The nominees for the 16th Buffalo Niagara Business Ethics Awards have been announced.  The small business finalists are Kraftwerks, Marabella Physical Therapy and TripleTrak HR Partners.  Mid-sized business finalists are Basil Toyota and SoPark Corporation.  In the large business category, the nominees are Buffalo Rehab Group, Linde and Sealing Devices, Inc.  The winners will be announced at a November 17th luncheon at Salvatore's Italian Gardens.