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Upstate New York Real Estate Forum

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Mark Updegraff
Property Manager
  • Investor
  • Rochester, NY
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The allure of Upstate

Mark Updegraff
Property Manager
  • Investor
  • Rochester, NY
Posted Aug 14 2015, 08:43

I came to Rochester NY in 1997 and at first never really envisioned myself settling in and making it home.  This is the same for most young professionals that are studying at the universities and is evident in the few that stay and find jobs in our city.  Most people don't realize, but Rochester's population actually peaked back in the 1800's and has been in decline ever since.  We're plagued with tons of deferred housing stock, slum lords, city owned vacant lots from properties taken back, and a gluttonous oversupply of office & industrial space yet I remain optimistic for this river city's future.  Right now we're in the beginning phases of setting up workforce development programs and acquiring space for redevelopments that have a community facing aspect while remain profitable enough for investors to undertake.  

What is it that entices you to upstate?  

What needs to change to make you more successful?

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