
Syracuse, NY The 15,256 s/f former Tipperary Hill landmark, Rosie’s Sports Pub & Grille, at 1443 West Genesee St. has sold for $455,000 to Great Bear Industries of Oswego. The buyers have not disclosed their plans for the building.
Matt Funiciello of JF Real Estate represented the seller and Michael Green of CBD Companies represented the buyer.
New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,