Clear Investment Group

City lawyers have filed a complaint in state supreme court seeking a receiver to take over the 12-story, 352-unit high rise after Clear Investment didn't follow through on it's promises to sink $4.6 million dollars into the property.

Clear Investment Group of Chicago took ownership in summer 2023, but re-development has been slow.

A fire in a second floor apartment Tuesday prompted an evacuation of what was thought to be two remaining residents. It turns out there were 10 to 12 more still living there.

A deadline has come and gone for remaining residents to move out so the new owner can begin extensive renovations.

The prospective owner, Clear Investment Group, wants the buildings empty for renovations.

The ruling also places Vincent Apartments in receivership for three months. The City of Syracuse brought the lawsuit in an effort to improve living conditions for tenants at the neglected properties.