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HSBC tower owner seeks public money
Updated: Friday, 04 Mar 2011, 6:16 PM EST
Published : Friday, 04 Mar 2011, 6:16 PM EST
BUFFALO, N.Y. (WIVB) - The owner of Buffalo's HSBC tower is reportedly looking for public money to keep its biggest tenants inside.
According to "The Buffalo News," Seneca One Realty is talking with state economic officials about getting aid to increase its offer to HSBC Bank and the Phillips Lytle Law Firm. That could lead to a lower lease rate for the two tenants.
Mayor Byron Brown has proposed an incentive package to keep the bank there.
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