BUFFALO, N.Y. (WIVB) - Mayor Byron Brown couldn't convince enough lawmakers to supporta land transfer to HSBC.
So what does this mean for thousands of Queen City jobs?
Brown says about 4,000 city jobs are at stake.
So Thursday, he is trying to convince Buffalo lawmakers tochange their minds, and approve a deal he says needs to pass rightnow.
Brown said, "I'm very fearful that the bank could walk, but as aleader I'm not going stand by and allow this to happen."
Brown says HSBC bank needs to know now, if they will have landhere in Buffalo to expand.
"The transfer of Webster block is part of a master plan forredevelopment of our waterfront," said Brown.
But, Brown did not persuade enough council members Wednesday topass a land transfer agreement.
"Five members of the City Council voted to kill jobs in Buffalotoday," said Brown.
So now he's calling Buffalo Common Council members back forround two.
Brown said, "I'm going to give them 24 hours notice and I'mgoing to call them back Thursday or Friday."
News 4 questioned HSBC's Vice President of Public Affairs abouttheir plans and whether there's an actual deadline.
Neil Brazil, Vice President Public Affairs HSBC North Americasaid, "I can't comment on any of that. All I can say is we've got anumber of options under review."
"What was conveyed to us today is that HSBC is not setting anyartificial deadline," said Buffalo Common Councilmember MickeyKearns.
One thing the majority agreed on is to draft documents, neededto transfer 1.9 acres of land to Erie Canal Harbor Development.
Some lawmakers say that would facilitate the banksexpansion.
But the Mayors says 7 acres of land is needed for the whole dealto work.
Now sources tell News 4 HSBC is considering other sites toexpand. Two of those sites are possibly in Amherst.
Statement released by HSBC:
“As part of standard business practice, an RFP process iscurrently underway to review how HSBC's future real estaterequirements in Buffalo will best be met. The company is currentlylooking at a range of options, one of which is to maintain thestatus quo. As part of our review, we are talking to a number ofstake-holders on time sensitive matters to help us make an informeddecision. A public announcement will not be made for some time."
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