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Rochester-based Park Grove Realty plans to invest $15 million to convert a former manufacturing complex at 619 Exchange Street into the 64-unit Iroquois Lofts Apartments.
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A vacant Delaware Avenue building - located in the heart of downtown Buffalo - has been acquired by a Rochester investment group.
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Bidding wars have become common for real estate purchases in the city of Buffalo over recent months. While the demand is obvious, the rising costs are…