A compressor bypass valve will help, unfortunately, with the turbo you are running and without a ported shroud compressor cover, 1/4 throttle under boost or half throttle under boost are pretty much things of the past. What is happening is, the motor can not take the amount of air that is being thrown at it under 1/4 or 1/2 throttle, so the charge air starts to back up and causes the turbo to start surging. Once you get to the 70 series and larger turbos on 231-248ci motors, they are like light switches and don't care for partial anything throttle without a ported shroud compressor cover.
Therefore, the only real solution would be to get a ported shroud compressor cover. Your predicament is specifically what the ported shroud compressor cover was created for. Now, with that said, it's gonna come down to whose 70 P-trim turbo you have. If it is a genuine 7076H turbo, then you could purchase a CCH70P ported shroud cover with hardware from PTE and it should bolt up without any problems.
Here is a picture showing what a ported shroud compressor cover looks like on a PT70 series turbo.
If that turbo is from another turbo company that uses a different backing plate and compressor cover, you're out of luck. You could send your turbo to PTE and see if they would be able to retrofit/convert it over to their backing plate and CCH70P cover tho. If you opt for this route, Jim in repairs is the man to talk too.
Here is a picture and link that talks about the ported shroud.
TurboByGarrett.com - Turbo Tech103
Scroll 1/3 of the way down the page until you see the PS picture.
Quote taken directly from this link,
"A Ported Shroud compressor (see Fig. 2) is a feature that is incorporated into the compressor housing. It functions to move the surge line further to the left (see Fig. 3) by allowing some airflow to exit the wheel through the port to keep surge from occurring. This provides additional useable range and allows a larger compressor to be used for higher flow requirements without risking running the compressor into a dangerous surge condition. The presence of the ported shroud usually has a minor negative impact on compressor efficiency."
Hence the reason you don't see this type of cover on most Buicks, cause most people only race with this size turbo and no more partial throttle. Exactly how much hp the PS cover hurts has never been determined on a Buick. It has been determined on Turbo Supras tho. But that's another secret.
HTH
Patrick