How a British con man lured slumlords from around the globe to Syracuse
Updated on Dec 19, 2020;
Published on Dec 17, 2020
At the height of an historic housing crash in the early 2010s, an Englishman named Simon Slee began marketing dirt cheap Syracuse properties to international investors looking to seize an opportunity. Nearly 100 houses were put into the hands of absentee owners from Australia to Indonesia to Romania to Nigeria. Photo illustration by Lauren Long | llong@syracuse.com
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Kevin McNally had pretty much forgotten about the house he owned near Syracuse’s Inner Harbor.
He bought it on a whim for $31,000 in 2010 after the real estate market crashed. He paid cash. He’d never actually seen the property. He’d never talked to the people who lived there. He’d never even been to Syracuse, which he always thought was pronounced “Saur-a-cuze.”
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