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Schenectady officials debate land bank effectiveness

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After all the work to get a land bank in Schenectady, only one house has been sold in two years. There’s also just one house in the land bank awaiting demolition. In response, City Councilman Carl Erikson issued a stinging critique of the land bank — or Land Reutilization Corporation of the Capital Region — saying city officials have failed to support it by giving it properties to sell or demolish. “We have this great ...


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comments

JIMOCONNOR
March 19, 2014
9:25 a.m.

[ Flag Post ]

To serve the city, Type A Lady must avoid contact with minutiae at all costs. She's not equipped to process such multifaceted issues. No wonder she has questions.

safny
March 19, 2014
12:15 p.m.

[ Flag Post ]

So so typical - takes a year to set up because there are so many MORE PRESSING issues, like loose cigarettes?? Certainly we know that no one in the city government was trying to figure out a way to get people to shovel their sidewalks. But what difference does it make? Who wants to buy some dreadful piece of property in a bad area that will require a tax payment of $500 or $600 a month??? I think the time has come to realize that unless there is an across the board drop in real estate taxes, this is how it is going to stay. If taxes went down, would more people be inclined to buy?? Everything here is so short sighted.

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