Real Estate

Julia Botero / WRVO News


There are more than 150 abandoned homes in Watertown.  A report put out by the city assessor finds homes in the city can be empty for months, even years, before the bank takes them over.

Vacant homes have become such a problem in Watertown, the city council has had trouble wrapping their head around what to do.

Brian Phelps, the city assessor, visited hundreds of empty homes and poured over stacks of paperwork to figure out why these homes were abandoned.

 “As many vacant homes as there are, are as many individual stories.”

Michael Falcone is Chairman Emeritus of the Pioneer Companies, a commercial real estate development enterprise in Upstate New York, Denver, and Phoenix.  Prior to that, he was a partner with Robert Congel in the Pyramid Companies.  In this edition of the Campbell Conversations, Grant Reeher speaks with him about malls, hotels, the development trajectory of Syracuse, the proper role of government in development, and Syracuse University's impact on the city.