Clear Investment Group Taking Over Vincent Apartments From Green National
Vincent Apartments, the last of the large residential properties in Syracuse owned by Green National, are now under the management of Clear Investment Group.
Stay updated with breaking news from Chestnut Crossing. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Vincent Apartments, the last of the large residential properties in Syracuse owned by Green National, are now under the management of Clear Investment Group.
Clear Investment Group outlined the plan in court documents.
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.
A court-appointed receiver is looking for $1.5 million to restore Vincent Apartments to safe and decent conditions.
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.