For property developers Rich DeVito and Bob Doucette of Paramount Realty, the motivation for taking on large scale renovations of downtown Syracuse’s previously empty buildings was this:
“We wanted to make money,” says DeVito flatly, though Doucette chuckles at the simplicity of the answer. “It’s where the market is,” DeVito goes on to say.
And make money they did.
The pair took the former Dey Brother’s department store in Syracuse two years ago and turned it into upscale apartments with a few office suites.
Its residential units...
The Deys Plaza Apartments are luxuriously appointed with Brazilian hardwood floors, granite countertops in the kitchens along with white Carrara marble floor tiles and countertops in the master baths. Each apartment has a washer dryer and a full complement of kitchen appliances including a wine cooler in many of the apartments.