Tonawanda News

Local News

February 26, 2013

Committed to growth

Tonawanda News — Mostafa Tanbakuchi, who recently expanded his furniture business in North Tonawanda, began his career as a mechanical engineer working for two prominent companies beginning in the 1970s before launching his own computer business. 

But his attention quickly turned to real estate opportunities in Western New York and what he saw as the untapped treasures that existed in the region. 

”As my business expanded I started to purchase my own real estate and began falling in love with the architecture in the Buffalo area,” he said. “And I sort of liked the idea of buying stuff that nobody wanted. This is a beautiful place and lot of people just don’t give it enough credit.”

Tanbakuchi began his real estate aspirations with his first major purchase on Sheridan Drive in Amherst, where medical offices were beginning to flourish. 

He followed up by buying another building next door, where he began the Ridge Home Furnishings company, before turning his sights to the Twin Cities. 

After it sat vacant for nearly a decade, Tanbakuchi purchased the Tonawanda Castle in 2003, transforming the former armory into a beacon for special events and other gatherings. Then it was on to North Tonawanda, where his wife, a physician, grew up. In the Lumber City, both saw opportunities in real estate. 

He purchased a former car dealership at 27 Main Street, brought it back to life and began his second Ridge Home Furnishings location. But as development projects continued to spring up in North Tonawanda’s downtown corridor, he closed the furniture company’s Amherst location in September and moved all his wares to Niagara County, expanding the floor space by roughly 5,000 square feet.

”It made sense,” Tanbakuchi said. “We are seeing more action in North Tonawanda, people are more interested in the area and Main Street feels like there’s more traffic. And people in Niagara County and the Tonawandas are more loyal customers.” 

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