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Clear Investment Group of Chicago took ownership in summer 2023, but re-development has been slow.
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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.
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A deadline has come and gone for remaining residents to move out so the new owner can begin extensive renovations.
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The prospective owner, Clear Investment Group, wants the buildings empty for renovations.
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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.
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A Chicago-based investment firm has expressed interest and signed a contract to buy Skyline Apartments and other complexes owned by Green National, according to a state Supreme Court judge.
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Green National would still own the properties, but wouldn't collect rent. Walsh also wants the court to make the company pay $1 million to cover repairs it's neglected to make.
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The city made an expedited request on May 10. The judge had issued a temporary order based on a stipulation between the city and the owner Green National.
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The city’s show cause action follows the state attorney general’s announcement last week that it’s retaining a $250,000 payment made by green national because the company failed to address security and some code violations by the AG’s deadline.
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They include the troubled Skyline Apartment complex after the company failed to fully address code violations as required under their 60-day agreement.