WGR 550 SportsRadio - Home of the Buffalo Sabres and the Buffalo Bills - Buffalo Business Report

A large gap remains between the local and national gas prices as the calendar flips to December. The AAA reports the Western New York average of $3.85 for a gallon of unleaded is forty-six cents higher than the national average. Generally that difference is closer to twelve cents per gallon.

Buffalo-based Krog Corp, in collaboration with Hart Hotels, will build a four-story waterfront luxury hotel in Clayton, NY on the St. Lawrence River. The Watertown Daily Times notes the 104-room hotel will be built by 2014.

West Herr Auto Group has acquired another Millersport Highway property. Business First reports West Herr paid $940,000 for a 3-1/2 acre parcel formerly occupied by Milhurst Construction.

The Southgate Plaza has changed hands. In a $17.48 million deal, Southgate Plaza Incorporated sold the plaza to Southgate Associates LLC. The main partners in the new group are James and Frank Campofelice.

Buffalo Business Report - Monday, December 3rd 2012