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County to Sell Blighted Properties to City, Land Bank

(BINGHAMTON, NY) Broome County Executive Jason Garnar announced today that Broome County will sell 14 blighted county-owned properties to the City of Binghamton and the Broome County Land Bank to be demolished or renovated.

 

This is the latest step by Broome County to work with the City of Binghamton and Land Bank to assist in the elimination of blight in the city.

 

“The days of selling properties at auction that really should be demolished are over. Broome County is continuing to work with our municipalities to sell them properties for demolition purposes so they can improve their neighborhoods for their residents,” said Garnar. “Moving forward, we are closely evaluating the foreclosure auction process and working with our new Safe Housing Task Force to make that process even better.”

 

The Broome County Legislature unanimously approved the resolution for the sale in its October session.

 

The following nine (9) properties will be sold to the City of Binghamton for $1,000 then demolished by the City of Binghamton:

 

4 Amsbry St.

56 Holland St.

19 Franklin St.

26 Lyons St.

164 Murray St.

5 Crandall St.

86 Pine St.

13 Vine St.

15 Delavan Ave.

 

In addition, Broome County will also sell 11 vacant land plots to the City of Binghamton for $1 each.

 

 

The following five (5) properties owned by the County will be sold to the Broome County Land Bank for rehabilitation or demolition.

 

1223 Vestal Ave.

21 Milford St.

32 Hayes St.

3 King Ave.

76 Park Ave.

 

In addition, Broome County will also sell a county-owned property at 40 Fayette St. in Binghamton to 203 Court Street LLC. This property is adjacent to the Binghamton VA Outpatient Clinic. The new owners plan to demolish the building at 40 Fayette St. to use it for parking for veterans visiting the VA clinic.

 

 

10/19/2018 - 2:58pm