In the past two years, SU has spent more than $90 million on real estate in the area.
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"Syracuse University recently spent $5.8 million to add a prominent location to its collection of properties in the Marshall Street business district near campus.
It brings SU’s total investment in property in the Marshall Street area in recent years to more than $90 million.
The latest purchase was the parcel at the northeast corner of Marshall Street and South Crouse Avenue. It’s listed in city property tax records as 737 S. Crouse Ave. but also known as 101 Marshall St.
The lot includes storefronts that recently housed a now-closed NBT Bank branch (at the corner), and a now-closed Jimmy Johns sandwich shop and the still-open Pita Pit restaurant (both facing Marshall Street)."