Sentences with phrase «zombie properties into»

Not exact matches

Zombies are driving office space rent and property values into the ground, so it might be beneficial to partner with another group of like - minded, brain - appreciating people.

So - called «zombie» properties — vacant residences that have fallen into foreclosure limbo and the owners have essentially abandoned — have increased in the wake of the mortgage crisis and subsequent financial meltdown in the last decade.

New York Governor Andrew Cuomo signed a bill into law today that requires banks to care for «zombie» properties — homes that are in foreclosure and have been abandoned.

The scourge of zombie properties, which references properties that have been foreclosed upon and have fallen into disrepair without a bank performing upkeep, has been a Schneiderman target in recent years.