Anthony Nanula
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Anthony R. Nanula (born December 9, 1965) is an American real estate developer, investment banker, political leader, and philanthropist from
Buffalo, New York Buffalo is a Administrative divisions of New York (state), city in the U.S. state of New York (state), New York and county seat of Erie County, New York, Erie County. It lies in Western New York at the eastern end of Lake Erie, at the head of ...
. Anthony Nanula is thqe chief investment officer of Sinatra & Company Real Estate. He also served as the president and CEO of Niagara International Capital, Ltd., a founder and managing partner of American Coastal Properties, and is a principal of The Nanco Group, owned by the Nanula Family. He previously represented District 57 in the
New York State Senate The New York State Senate is the upper house of the New York State Legislature, while the New York State Assembly is its lower house. Established in 1777 by the Constitution of New York, its members are elected to two-year terms with no term l ...
, and served as city comptroller for the City of Buffalo and deputy state comptroller for the State of New York.


Early life and education

Nanula was born in
Niagara Falls Niagara Falls is a group of three waterfalls at the southern end of Niagara Gorge, spanning the Canada–United States border, border between the Provinces and territories of Canada, province of Ontario in Canada and the state of New York (s ...
, New York, and is the son of Savino P. Nanula, the former chairman and CEO of
Tops Friendly Markets Tops Friendly Markets is an American supermarket chain based in Amherst, New York, that operates stores in Upstate New York, Vermont, and Northern Pennsylvania. The chain operates full-scale supermarkets. Tops is a subsidiary of Northeast ...
, and Eileen E. (Hughes) Nanula (July 10, 1931 – October 12, 2014). He has three brothers. His paternal grandparents were born in Italy. Nanula attended
Niagara-Wheatfield High School Niagara-Wheatfield Central School District is a public school district in New York State located in the Town of Lewiston, New York, about from Niagara Falls, New York. The district serves students from the towns of Niagara and Wheatfield. ...
, graduating in 1984. He graduated from
Syracuse University Syracuse University (informally 'Cuse or SU) is a Private university, private research university in Syracuse, New York, United States. It was established in 1870 with roots in the Methodist Episcopal Church but has been nonsectarian since 1920 ...
in 1988, earning a dual
Bachelor of Science A Bachelor of Science (BS, BSc, B.S., B.Sc., SB, or ScB; from the Latin ') is a bachelor's degree that is awarded for programs that generally last three to five years. The first university to admit a student to the degree of Bachelor of Scienc ...
degree in marketing and transportation and distribution (supply chain) management. During his time at Syracuse University, he joined th
Sigma Chi Fraternity.


New York State Senate

Nanula, a local businessman, was elected in a 1994 special election to serve in the State Senate, succeeding
Anthony Masiello Anthony M. Masiello (born April 28, 1947) is an American politician and former basketball player who served as Mayor of Buffalo, New York from 1994 to 2005. Prior to being mayor, he served as a member of the New York State Senate. He is currentl ...
who resigned from the Senate to become Buffalo's mayor. Nanula, who self-funded his campaign, represented parts of Buffalo and Tonawanda and all of
Niagara Falls Niagara Falls is a group of three waterfalls at the southern end of Niagara Gorge, spanning the Canada–United States border, border between the Provinces and territories of Canada, province of Ontario in Canada and the state of New York (s ...
and Grand Island. At 28 years old, Nanula was elected as one of the youngest state senators in New York State Senate history. He was reelected to the State Senate three times. During his Senate career, he flirted with a statewide bid for
Lieutenant Governor A lieutenant governor, lieutenant-governor, or vice governor is a high officer of state, whose precise role and rank vary by jurisdiction. Often a lieutenant governor is the deputy, or lieutenant, to or ranked under a governor — a "second-in-comm ...
of New York in 1998, but decided against the Democratic primary for the post. He did indicate that he was interested in running for State Comptroller if the position became available. While serving in the Senate, he served as the Assistant Minority Leader for Policy and Administration, as Ranking Minority Member of the Senate Insurance Committee, as Ranking Minority Member of the Senate Civil Service and Pensions Committee, and as Ranking Minority Member of the Senate Tourism, Recreation and Sports Development Committee. He is the second freshman senator to be appointed to the Senate Finance Committee and he was a member of the Senate Rules Committee.


Buffalo City Comptroller

In 1999, Nanula ran for the open position of Buffalo City Comptroller, when the incumbent, Joel Giambra, stepped down to run for Erie County Executive. During his campaign, Nanula was criticized by opponents for wanting the position in order to better his credentials to run for state comptroller. Nanula was elected defeating Common Council Minority Leader Kevin Helfer. In 2001 and 2002, after State Comptroller
Carl McCall Herman Carl McCall (born October 17, 1935) is an American politician of the Democratic Party. A former New York State Comptroller and New York State Senator, McCall was the Democratic nominee for Governor of New York in 2002. He was the firs ...
launched a campaign for
governor A governor is an politician, administrative leader and head of a polity or Region#Political regions, political region, in some cases, such as governor-general, governors-general, as the head of a state's official representative. Depending on the ...
, Nanula announced his candidacy for the Democratic nomination for State Comptroller. Nanula campaigned around the state and then dropped out of the race before the primary and endorsed former New York City Comptroller
Alan Hevesi Alan George Hevesi (January 31, 1940 – November 9, 2023) was a convicted felon and American politician who served as a New York State Assemblyman from 1971 to 1993, as New York City Comptroller from 1994 to 2001, and as New York State Comptro ...
. After Hevesi was elected State Comptroller, he appointed Nanula as a Deputy State Comptroller. Nanula resigned his city post to accept the state post. As a Deputy State Comptroller, Nanula was responsible for advising local governments on financial issues and for upstate economic development policy.


Business career

Nanula began his career working for his father's grocery store,
Tops Friendly Markets Tops Friendly Markets is an American supermarket chain based in Amherst, New York, that operates stores in Upstate New York, Vermont, and Northern Pennsylvania. The chain operates full-scale supermarkets. Tops is a subsidiary of Northeast ...
. From 1988 to 1994, Nanula served as the President of Nanco Enterprises, Inc. a New York based commercial and
industrial park An industrial park, also known as industrial estate or trading estate, is an area zoned and planned for the purpose of industrial development. An industrial park can be thought of as a more heavyweight version of a business park or office par ...
operator and developer. In 1992, he and his three brothers co-founded Essex Homes of WNY, Inc., a well-respected regional homebuilder. Essex has built over 1,300 mid-market and upscale homes throughout New York. He was responsible in co-founding North America Center, a 425-acre industrial and commercial park in Western New York. It exists today as one of the largest public/private real estate partnerships in New York State history.


Business ventures and investments

Anthony Nanula is the Chief Investment Officer of Sinatra & Company Real Estate. He also serves as the Principal of The Nanco Group, owned by the highly respected Nanula Family, well known for their successes in the
retail Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is the sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholes ...
marketplace with Tops Friendly Markets and more recently Wilson Farms Stores. In 2005, he and his brothers successfully led a leveraged buyout of Wilson Farms, a subsidiary of Tops Friendly Markets, which was sold to
7-Eleven 7-Eleven, Inc. is an American convenience store chain, headquartered in Irving, Texas. It is a wholly owned subsidiary of Seven-Eleven Japan, which in turn is owned by the retail holdings company Seven & I Holdings. The chain was founde ...
in 2011. Wilson Farms was a chain of approximately 200
convenience store A convenience store, convenience shop, bakkal, bodega, corner store, corner shop, superette or mini-mart is a small retail store that stocks a range of everyday items such as convenience food, groceries, beverages, tobacco products, lotter ...
s and was ranked as one of the 50 largest convenience chains in the country. In 2004, Nanula launched Niagara International Capital Ltd., a registered
Broker Dealer In financial services, a broker-dealer is a natural person, company or other organization that engages in the business of trading securities for its own account or on behalf of its customers. Broker-dealers are at the heart of the securities and ...
(Member
FINRA The Financial Industry Regulatory Authority (FINRA) is a private American corporation that acts as a self-regulatory organization (SRO) that financial regulation, regulates member brokerage firms and exchange (organized market), exchange markets. ...
and SIPC) and
Registered Investment Adviser A registered investment adviser (RIA) is a firm that is an investment adviser in the United States, registered as such with the Securities and Exchange Commission (SEC) or a state's securities agency. The numerous references to RIAs within the Inv ...
that provides
investment banking Investment banking is an advisory-based financial service for institutional investors, corporations, governments, and similar clients. Traditionally associated with corporate finance, such a bank might assist in raising financial capital by und ...
and strategic advisory services,
asset management Asset management is a systematic approach to the governance and realization of all value for which a group or entity is responsible. It may apply both to tangible assets (physical objects such as complex process or manufacturing plants, infrastr ...
and retail brokerage accounts, and registration and compliance support services to advisors, RIAs and investment banking teams. In 2012, Nanula co-founded American Coastal Properties (ACP), a
Southern California Southern California (commonly shortened to SoCal) is a geographic and Cultural area, cultural List of regions of California, region that generally comprises the southern portion of the U.S. state of California. Its densely populated coastal reg ...
based luxury real estate development company. Nanula is a principal investor and Managing Partner for ACP.


Family and personal life

Nanula and his wife, Holly, live in Buffalo, New York with their son Savino, and daughters, Alexa and Isabella. Nanula is a born-again
Christian A Christian () is a person who follows or adheres to Christianity, a Monotheism, monotheistic Abrahamic religion based on the life and teachings of Jesus in Christianity, Jesus Christ. Christians form the largest religious community in the wo ...
.


References

{{DEFAULTSORT:Nanula, Anthony 1965 births Living people Missing middle or first names American people of Italian descent Martin J. Whitman School of Management alumni Democratic Party New York (state) state senators Comptrollers of Buffalo, New York 20th-century members of the New York State Legislature