Syracuse, NY According to Sutton Real Estate Company, they have had some new hires at the company.
Carolyn Devins joins Sutton as a marketing associate. Her role includes assisting in developing and implementing marketing strategies and tactics. Devins comes from her previous role as a small business owner and former social media manager for MacKenzie-Childs. She is a 2014 Syracuse University graduate, with a masters of arts in Advertising.
Melissa Clisson joins Sutton as a property accountant. Her role includes maintaining the financials and accounting for commercial and residential properties in Central New York. She comes from Pyramid Management Group as executive assistant to the CFO and director of capital markets, assisting in the accounting department and finance department. She holds a bachelor’s degree in accounting from Le Moyne College.
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,