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City, ATF foreclosure dispute lands in court

The city today took 159 properties for back taxes. Many were owned by absentee landlords. Most occupants are being offered rental agreements. Pictured is a well maintained home at 1154 Ardsley Rd.
Photographer: Marc Schultz
The city today took 159 properties for back taxes. Many were owned by absentee landlords. Most occupants are being offered rental agreements. Pictured is a well maintained home at 1154 Ardsley Rd.
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The city’s one-time partner in tax collections is now suing it. American Tax Funding is suing Schenectady — and being sued, in turn, by the city — over the city’s round of foreclosures in August. The company said in court documents that the foreclosures would “have a catastrophic effect” on ATF, “resulting in the complete destruction of ATF’s business.” The city filed foreclosures on 214 properties that were years behind in tax payments to both ...


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comments

wmarincic
October 30, 2012
10:17 p.m.

[ Flag Post ]

Nice job Stratton did, don't you just love the aftermath of a democrat politician?

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