Archives For: NY
New York Foreclosure Protection Law Signed by Governor
New York Governor Andrew Cuomo signed A.5619/S.5160 (An Act to amend the real property actions and proceedings law, in relation to the failure to raise the defense of lack of standing in a mortgage foreclosure action). The legislation amends Article 13 of the Real Property Actions and Proceedings Law to protect foreclosure court defendants by allowing more leeway to raise the defense of “standing”.
23 Dec 2019
FEMA Declared Disaster New York
FEMA issued a Presidential Major Disaster Declaration for areas in New York affected by severe storms, straight-line winds and flooding that took place October 31 to November 1, 2019.
19 Dec 2019
Erie County Taking Steps to Identify Vacant Property Stakeholders
WKBW ABC 7 published an article discussing rising foreclosure rates in Erie County, N.Y., and steps officials have taken to combat the issue. Included is new initiative set to being June 1, 2019, that will align the county with the WNY Law Center to research banks/financial institutions responsible for the maintenance of vacant homes in foreclosure and take legal action on those not in compliance.
29 May 2019
New York Bill Focuses on Abandoned Property Redemption
NY S.1864 passed the New York Senate on February 26, 2019. The bill intends to lower the tax redemption period for certified vacant and abandoned buildings from two to one year. Also included is an amendment (Real Property Tax Law) for municipalities to expedite foreclosure proceedings on such properties based upon certain qualifying factors.
1 Mar 2019
Ogdensburg Land Bank Up and Running
The Journal released an article outlining the first action of the Ogdensburg (N.Y.) Land Bank Corporation.
14 Feb 2019
Hamilton Hill Demolitions to Resume
The Daily Gazette published an article discussing a Schenectady, N.Y., neighborhood redevelopment project. The multi-phase, $62 million endeavor has demolished blighted properties and provided new area housing.
14 Feb 2019
City Seeks Public’s Help in Identifying Zombie Properties
WRFA published an article discussing a plan by City of Jamestown, N.Y., to apply for a state grant provided by the Zombie and Vacant Properties Remediation and Prevention Initiative.
12 Feb 2019
‘Zombies 2.0’: Attorney General James announces $9 Million in Grants for Communities Dealing with Vacant & Abandoned Properties
The office of New York State Attorney General Letitia James issued a press release announcing the expansion of a grant initiative to address the growing statewide issue of vacant and abandoned homes that are not maintained during a prolonged foreclosure proceeding.
28 Jan 2019
Calls for Audit on Brooklyn Home Foreclosures
Caribbean Life published an article discussing an action taken by Brooklyn, N.Y., civic leaders that calls for a full-scale forensic audit and investigation in the federal, state and city levels into the issue of deed fraud currently faced by the Borough.
30 Nov 2018
FEMA Declared Disaster New York
FEMA issued a Presidential Major Disaster Declaration for areas in New York affected by severe storms and flooding from August 13-15, 2018.
1 Oct 2018