Monarch 716, a student housing complex at 100 Forest Ave.
near SUNY Buffalo State, will be auctioned on April 8 after a wave of legal
issues. The property was foreclosed last November due to $44 million in unpaid
construction bills, plus additional liens and lawsuits filed against DHD
Ventures, the building’s developer. Timothy Gordon, vice president for student
affairs at SUNY Buffalo State, explained that while the college has no
relationship with Monarch 716, his understanding is that the complex remains
open and leases will continue to be honored. By Nick Lukasik and Zach Rohde
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