This website is clearly geared towards pushing ad revenue, rather than the station's news (or other on-air) product. They have it all wrong. People don't come to a website to see ads with a little bit of news. They visit news websites where they MIGHT click on an ad. Or they might not. But in the end, a news-dominant site builds your reputation with people and enhances your overall brand. That's always better in the long run than a quick ploy to make people think they're getting "legitimate" real-estate information or "real" financial advice, when you're really directing them to paying sponsors -- because most people are smart enough to know it's just a ploy.
At least when WOKR tried out iKnowRochester.com, the web was still a relatively "new" thing. Different TV stations, radio stations and newspapers were trying out all sorts of different ideas as they searched for the best way to transition their "traditional" offerings into the online world. Some ideas worked, others -- like that one -- did not. It's too bad the folks at WROC (or maybe Nexstar HQ) didn't consider that.
My prediction... they'll make a few quick bucks off this as the sales department is excited about it, and they trick clients into thinking the website overhaul will draw lots of traffic. And it may get attention from people checking it out. But the novelty will wear off, visitor numbers will go down, and eventually the station will go back to making it a "station" website rather than a "city portal" website. Two years or less.