Your best place for a upscale lounge in the city of buffalo is on delaware right around the stillwater, prespa, and snooty fox. Probably will be extremelly difficult to find real estate available for something like this or it would already of been done.
I still believe no one can survive unless you get the right combination of everything to keep the majority of people happy. Reasonble drink prices, no fucking covers, music, bla bla bla. Good luck.