Ellicott Development Co.


Ellicott Development Co. is an American property management, leasing and development real estate firm based in Buffalo, New York and led by CEO William Paladino. The company's asset base includes residential, commercial, hotels, parking garages, and convenience stores. Ellicott Development Co.’s services include legal, administrative, financial, management, accounting, development, site selection, site assemblage, architectural design and drafting services, construction, leasing, maintenance, janitorial and security services.

History

Ellicott Development Co. was founded by lawyer and real estate developer Carl Paladino in 1973. The company is named after the Ellicott Square Building, Paladino's first and largest real estate acquisition to date. The Ellicott Square Building was named after Joseph Ellicott, the planner and surveyor who laid out the then-village of Buffalo.
The company buys properties, builds stores, and leases them to national retail outlets and government agencies. The company has operations in Western New York, Central New York and portions of Pennsylvania. Ellicott Development Co. describes itself as "a multi-faceted, fully integrated Property Management, Leasing and Development Firm with the "In-House" capacity to provide legal, administrative, financial, management, accounting, development, site selection, site assemblage, architectural design and drafting services, construction, leasing, maintenance, janitorial and security services."
Ellicott Development Co. has properties throughout the Buffalo/Niagara region, Upstate New York and into Western Pennsylvania. In 2010, the company managed more than of office, retail, hotel and residential space. In downtown Buffalo, the company manages over of office space, over of retail space throughout New York and Western Pennsylvania, eight major hotels in the Western New York, as well as more than of residential apartments, condominiums and townhomes in the Buffalo/Niagara region.
As of 2010, the Company had built 160 drugstores for Rite Aid, eventually becoming the Rite Aid's preferred developer across Upstate New York and western Pennsylvania, 80 of which Ellicott still owned.

Properties

Ellicott Development Co. has owned and/or developed many historically significant properties. Examples include: