The Historic Lafayette Hotel first opened its doors in 1904 and for many years it was the premier hotel in Buffalo, New York. After falling into disrepair in the late 1990’s and early 2000’s, Buffalo developer Rocco Termini bought the building with plans to restore it to its former glory. Construction began in February 2011 and upon completion of construction in May 2012 the project contained Marquis de Lafayette, Mike’s A Steakhouse, Woyshner’s Florist, Butterwood Sweet and Savory, and room2 – a luxury furniture boutique, 120 market rate apartments, a 32-room boutique hotel, and two catering/event businesses. The restoration of this Buffalo landmark has been a huge success as all of the project’s commercial space and all of its apartments were 100% leased upon its grand opening. The total cost of the rehabilitation project was $55,000,000 and the Foss NY Historic Fund acted as the investor for the project’s Federal Historic and New York Historic tax credits.