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11-10-2008, 05:47 PM
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11-11-2008, 06:19 PM
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I thought that the Syracuse Area's economy sucked, so why is there so much construction of stores and houses???
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11-11-2008, 11:09 PM
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Quote:
Originally Posted by TCMaster
I thought that the Syracuse Area's economy sucked, so why is there so much construction of stores and houses???
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Out of the 100 largest metros in US, the Syracuse metro ranks 3rd or 4th for the least amount of new homes built since 1990.
Only Metro Scranton and Metro Youngstown and maybe Metro Toledo ranks worst.
Since 1990, the Syracuse area only averaged about 1,000 new single family homes each year. Not much in my opinion compared to other Metropolitan areas Syracuse's size. Most metros Syracuse's size built 3,000 to 5,000 new homes each year since 1990.
As for stores, the Syracuse area has had a pent up demand for new retail. During the 1990s not much retail was built in the Syracuse area. Ever since 2002 retail development has exploded trying make up for lost time and to serve the new outlying suburbs.
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11-11-2008, 11:15 PM
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11-12-2008, 07:29 AM
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Quote:
Originally Posted by bellafinzi
Out of the 100 largest metros in US, the Syracuse metro ranks 3rd or 4th for the least amount of new homes built since 1990.
Only Metro Scranton and Metro Youngstown and maybe Metro Toledo ranks worst.
Since 1990, the Syracuse area only averaged about 1,000 new single family homes each year. Not much in my opinion compared to other Metropolitan areas Syracuse's size. Most metros Syracuse's size built 3,000 to 5,000 new homes each year since 1990.
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Perhaps it's this exact moderation that has saved Syracuse from being in such a severe recession, like the rest of the country. We still have a healthy economy - is Syracuse even in an actual recession? I'm thinking this would be a good time to market Syracuse to the right audience...
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11-12-2008, 02:48 PM
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Good point......
Quote:
Originally Posted by proulxfamily
Perhaps it's this exact moderation that has saved Syracuse from being in such a severe recession, like the rest of the country. We still have a healthy economy - is Syracuse even in an actual recession? I'm thinking this would be a good time to market Syracuse to the right audience...
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I think those areas also built more houses than they need. We also have many nice older homes in the area as well. Too be honest we don't really have too many "bad" neighborhoods. So, hopefully, it could help both the city of Syracuse and Onondaga County as well, if we can market the area to the right people.
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11-12-2008, 10:14 PM
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Bellafinzi, you obviously do a good job at putting emphasis on the new construction in the area... I would have never known...
As far as retail, are there any major chains, or stores that Syracuse lacks? I'm guessing no ikea, but is there anything else notable?
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11-14-2008, 12:06 AM
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http://www.city-data.com/forum/syrac...cuse-area.html
no ikea, Neiman Marcus, Dillard's, Nordstrom, Saks Fifth Avenue, Bloomingdale's, Costco
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11-14-2008, 11:46 PM
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you can always drive to the NYC suburbs for those stores anyways, right?
BTW I am moving to the Syracuse area in December or January!
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11-15-2008, 01:55 PM
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Quote:
Originally Posted by TCMaster
you can always drive to the NYC suburbs for those stores anyways, right?
BTW I am moving to the Syracuse area in December or January!
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I guess, though I know of no one from the Syracuse area that drives to the NYC area on a regular basis for anything.....
You could always shop online for the high end department stores.
Costco is one of those chains that Syracuse area residents have been trying to lure to the area with e-mails and such for the last few years.....
November, December and January are probably the worst months of year to move to the area since you're arriving toward the beginning of the worst weather of the year. The winter weather can be a shock when everything is new.
Good luck! And welcome to the community.
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