Were any of the investors able to get an account with either one company for the purpose of tracking down the
owners of vacant properties?
Allen noted the growing number
of vacant properties in the city and first - rung suburbs and said assistance to redevelopment them can be justified under certain circumstances.
In the decade leading up to and including the most recent housing bubble and bust, the
number of vacant properties in New York grew by 27 percent, Schneiderman's office said.
NEW YORK, NY — Attorney General Eric T. Schneiderman announced grant awards totaling $ 12.6 million to help 76 cities, towns, and villages across the state address the
problem of vacant properties and so - called «zombie homes» — vacant and abandoned homes that are not maintained during a prolonged foreclosure proceeding.
Specifically, the office will be testing blockchain applications of property title transfer and a system for filing liens; compatibility between a blockchain and a traditional, server - based setup; fraudulent use prevention and
conveyances of vacant property in Chicago.
The issue isn't a lack of eager homebuyers, the fact is banks» proceedings hold up the process and the number
of vacant properties grows,» said Legislator Dixon.
In 2006, in tandem with Manhattan Borough President Scott Stringer, Picture the Homeless conducted a
survey of vacant property in Manhattan, and found that 24,000 apartments could come out of the vacant buildings and lots they canvassed.
Maintaining the
yards of vacant properties helps reduce crime rates in urban neighborhoods, indicates a new Michigan State University study that's the most comprehensive to date.
«Getting rid
of these vacant properties helps because they certainly drag a neighborhood down,» said Alan Mallach, a senior fellow at the Center for Community Progress.
Picture the Homeless wants Quinn to help speed up the progress of a bill introduced in February that would enable the city to conduct an annual
census of vacant properties in the five boroughs.
The project is expected to bring in $ 1.6 million in annual revenue for Arlington Heights, but one of the biggest benefits for the northwest suburb is the
reuse of a vacant property.
And several residents have echoed Lewandowski's concerns that any
development of the vacant property would only increase traffic to local neighborhoods, a situation many residents feel already has become nightmarish because of the thousands of walkers, bikers and in - line skaters from across the northwest suburbs who have turned Lake Arlington into a mecca for outdoor recreation.
In order to better keep
track of any vacant properties, whether it be a zombie home, bank - owned home or an abandoned home, the two offices unveiled a new joint Nightmare Neighbor Task Force.
They've been that way since 1979, according to Picture the Homeless, an advocacy group that staged a
tour of vacant properties in Chelsea and Midtown West Tuesday night, in an effort to send a message to City Council Speaker Christine Quinn.
He said that 90
percent of the vacant properties that were in the city's inventory two years ago remain undeveloped because the Department of Housing Preservation & Development missed most of its own targets for transferring them.
For the rest of the budget, on the upside, the mayor's office expects to see increased revenue from sales tax, parking fees and property tax collection — thanks to the land bank, the agency tasked with handling the cities massive
list of vacant properties.
FHA EXTENDS FINANCING FOR IMMEDIATE PURCHASE OF FORECLOSED HOMES Measure seen to bring stability to home values and accelerate sale of vacant properties
So Mayor Byron W. Brown recently unveiled a $ 100 million five - year plan to rip down 5,000 houses, about half of all the vacant houses in the city, which ranks second only to St. Louis in the
percentage of vacant properties per capita nationwide.
Some interesting cases in the courts this week this week relating to attempts to use the European Convention on Human Rights in a housing dispute, as well as (in a similar vein) a local council's ability to withhold
details of vacant properties from potential squatters.
In Vancouver agents have adopted the business standard «By Appointment Only» showings and as a result lockboxes are non-existent except in the rare
instance of a vacant property.
She says it would help the real estate professionals in the region draw more attention to some of the struggles facing the area, such as legislation to help combat the
plague of vacant properties and foreclosures.
However, the report also found that
rate of vacant properties increased in more than half of the metropolitan area analyzed, including Chicago, New York, St. Louis, Baltimore and Phoenix.
County records show the scam has left a
glut of vacant properties in its wake after investors walked away from the often dilapidated homes that could not be sold.
A sliver of South Nyack's Elizabeth Place Park (3.7 percent) will be taken, as well as small portions of five private
lots of vacant property, including one owned by the Salisbury Point Apartment complex.
New York State Attorney General Eric Schneiderman announced grant awards totaling $ 12.6 million to help 76 cities, towns, and villages across the state address the
problem of vacant properties and so - called «zombie homes» — vacant and abandoned homes that are not maintained during a prolonged foreclosure proceeding.
The Cook County Recorder's Office will be testing applications of blockchain for filing liens, prevention of fraudulent use,
conveyances of vacant property in Chicago and compatibility between a blockchain and traditional server - based setup.
Michigan State University researcher and urban geographer Rick Sadler has found in a new, more comprehensive study that maintaining the
yards of vacant properties can help reduce crime rates in urban neighborhoods.
I convened community meetings at the Dunbar Center, Assisi Center, and St. Lucy's in 2007 when neighbors demanded a solution to the city's growing
number of vacant properties.
Specifically, the office will be testing blockchain applications of property title transfer and a system for filing liens; compatibility between a blockchain and a traditional, server - based setup; fraudulent use prevention and conveyances
of vacant property in Chicago.
Erie County Legislator Lynne Dixon joined Assemblyman Michael Kearns, Lackawanna Mayor Geoff Szymanski, Lackawanna Councilmember Joe Jerge, representatives from the Western New York Law Center, and other supporters to push for changes in banks foreclosure procedures to expedite the process and greatly reduce the number
of vacant properties, often referred to as «Zombie Homes,» because of their distressed condition.