Statler Revival Needs State Help | Buffalo News

Douglas Jemal is pouring everything into resurrecting Buffalo’s iconic Statler Hotel, having sold off two other properties to focus solely on this historic downtown crown jewel. With nearly $35 million already invested and 90% of the heavy lifting done, he’s now racing to secure an additional $150 million — and he’s turning to New York State for the critical funding gap. Empire State Development has already pledged $12.5 million, recognizing the project’s cultural and economic potential, and talks are ongoing with state leaders. Jemal remains confident that with public-private collaboration, the Statler can rise again — not just as a building, but as a symbol of Buffalo’s comeback. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/8c8741147d0f2d8f