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SCHENECTADY — The Capital Region Land Bank last week announced a series of actions pertaining to three blighted properties throughout Schenectady County, including those in Niskayuna, Rotterdam and the village of Delanson.
On Wednesday, the Land bank’s board approved the sale of 1019 Van Antwerp Road for $10,000 to Fanez Ramroop, who plans to invest $200,000 to restore the vacant home that has long been the subject of complaints by neighbors, according to a news release. The property is for a family. member.
“We have moved this property through the foreclosure process, cleaned it up and are now getting it fixed by a local resident and put back on the tax rolls,” said Richard Ruzzo, a Schenectady County legislator for Schenectady who chairs the Land Bank. “This is a great example of the Lank Bank’s hard work and commitment to revitalizing our neighborhoods throughout the county.”
The board also approved taking ownership of 140 Elm St. in Delanson and 210 Chism St. in Rotterdam.
Both properties, which are overgrown and in poor condition, received bids during the county’s property foreclosure auction last year, but the prospective purchasers backed out after learning the conditions of the properties, according to the release.
The Land Bank is expected to evaluate the properties for potential renovation, but will likely demolish both structures.
Since its inception, the Capital Region Land Bank has demolished over 200 vacant and abandoned structures and renovated and built 33 more housing structures, creating 250 units of housing.
Last week, the Land Bank demolished a pair of vacant structures along Van Vranken Avenue in Schenectady, creating a pair of shovel-ready sites in the city’s northside neighborhood.
“Schenectady County is proud to support the Land Bank’s mission to strengthen neighborhoods by mitigation blights,” Anthony Jasenski, chairman of the Schenectady County Legislature, said in a statement. “Working together we can make our community an even better place to live, work and raise a family.”
Contact reporter Chad Arnold at: [email protected] or by calling 518-395-3120.
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