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First foreclosed house in Schenectady sold

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The first foreclosed house has been sold. There are hundreds of houses to go, but Schenectady Mayor Gary McCarthy took great pride in announcing that the program has started to work. He had planned to solve the city’s tax collection problem and some of the blight by seizing houses from landlords who have not paid taxes for years, getting contractors to bring those houses up to code, and then selling them to owners who would ...

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comments

SchenectadyScott
December 11, 2012
1:48 a.m.

[ Flag Post ]

“It’s a slow, methodical process,” McCarthy said. “Believe it’s going to have long-term benefits.”......Mantra......Yes....I can ...Yes I can....Chooo....Chooo!

wmarincic
December 11, 2012
7:44 a.m.

[ Flag Post ]

So I still have not heard what the cost of fighting 160 foreclosures in court is going to be, it's not free. I'm sure King Gary is not putting that into the equasion.

gina99
December 11, 2012
8:23 a.m.

[ Flag Post ]

The best idea is to close DSIC and let Downtown merchants do their own promotions and decorating. Send Salengo back to Lark Street. Mayor McCarthy finally sold his first foreclosed house? Keep the implosion going!

SchenectadyScott
December 11, 2012
11:32 a.m.

[ Flag Post ]

Please see what Tulsa's mayor is doing....it is the complete opposite of what Mayor McCarthy is going....concerning Land Banks, Autos, Taxes and Fees...Complete opposite... https://www.youtube.com/watch?v=OFfQSCL_...

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