Buffalo’s power brokers—real estate magnates, bankers, and business leaders—favor tax cuts and subsidies over community needs, worsening fiscal strain and urban decline, a new report warns.
i think buffalos elite are too fixd on profit and not on communty needs, leaving the long term growth in the dust. time for a refocus on better, more balanced urban development, rather than quick fiscal wins.
I really find this discussion intriguing. What do you think prompts such heavy reliance on tax breaks over community investment? I’m curious if your experiences align with these findings or if there’s more at play behind the scenes in Buffalo?
The dynamics described in the report resonate with some of my observations in Buffalo. It appears that decision-making is often geared more towards generating fiscal conditions favorable to established interests rather than addressing long-term community development. From personal experience, this approach tends to marginalize residents who rarely see the benefits of such deals. While these measures might temporarily improve financial metrics or secure investor confidence, they rarely lead to comprehensive growth that benefits the broader population of the city.