Ellicott Development is a privately held, family-owned real estate development, property management, and leasing firm founded in 1974 by Carl Paladino. The company takes its name from the Ellicott Square Building, a historic 1896 structure in Buffalo that was Paladino's first major acquisition. Operating as a fully integrated platform, the firm manages over 8 million square feet across Western New York, Central New York, and Western Pennsylvania. The portfolio spans office buildings, retail centers, multifamily residential properties, hotels, parking garages, and mixed-use developments. Ellicott Development serves as the largest private landlord in downtown Buffalo, managing over 1.5 million square feet of office space in the city's central business district. The firm historically developed retail properties for national chains, having built 160 Rite Aid drugstores across Upstate New York and Western Pennsylvania, with 80 still in its portfolio as of 2010. Through its hospitality division, Ellicott Hotels, the company operates 11 hotels under brands including Marriott, Hilton, IHG, and Choice Hotels. The portfolio is concentrated in the Buffalo-Niagara region, with exposure to markets including Buffalo, Niagara Falls, Amherst, West Seneca, and Ellicottville. Geographic concentration to Western New York represents both a core competency and regional economic exposure. In 2025, the firm completed 26 residential units across two projects: 22 units at 138 Allen Street and four units at 270 Michigan Avenue in Buffalo.