Four months after the company he co-founded was acquired by a global insurance technology firm, a technology entrepreneur and seed stage investor paid $2.1 million on a 14-acre estate in the Town of Boston – only the sixth time in recent memory that a home sale topped the $2 million benchmark in Western New York.
Andrew Worral, who co-founded insurance software company Utilant Inc., and his wife, Amber, purchased a gated stone-and-wood mansion on secluded Woodlee Court, overlooking Chestnut Ridge.
The sellers were Neil E. Lipke, a onetime Gibraltar Industries executive, and Shannon Lipke.
The purchase involved six parcels in the towns of Boston and Orchard Park, and was completed in two transactions by two separate limited-liability companies.
The Worrals paid $1.4 million for the nine-year-old house, a barn with seven horse stalls and a vacant lot, and another $700,000 for additional vacant land.
An asset management executive at J.P. Morgan Chase & Co. and the head of a Buffalo business have acquired a six-bedroom Elmwood Village home for $1.25 million. John L. Hurley III and Kathleen Marie Hurley bought a 3,897-square-foot house on Tudor Place, just off West Ferry Street, with five and a half bedrooms. Built in 1936 on 0.36 acres,