NY Attorney General awards $13M to combat vacant and zombie properties

amsterdam foreclosures

ALBANY, N.Y. (NEWS10) –  New York Attorney General Eric Schneiderman is awarding millions of dollars to local governments to deal with zombie homes.

Without regular maintenance, the houses can become an eyesore or even a haven for crime, dragging down nearby property values and neighborhoods. There are an estimated 16,000 across the state.

“Too many homeowners across New York are still struggling to rebuild their communities in the wake of the housing crisis caused by major banks,” said Attorney General Schneiderman. “I’m proud that the funding obtained by my office’s settlement with Morgan Stanley will now help cities and towns across the state reverse the proliferation of zombie properties, which invite crime and threaten the value of surrounding homes. These grants will help rebuild, revitalize, and stabilize communities across the state.”

In the Capital Region, there are several communities are getting grants.

City Grant Award
City of Albany $           250,000.00
City of Amsterdam $           150,000.00
City of Auburn $           138,000.00
City of Batavia $            66,500.00
City of Binghamton $           250,000.00
City of Buffalo $           350,000.00
City of Cohoes $           100,000.00
City of Cortland $           100,000.00
City of Dunkirk $           125,500.00
City of Elmira $           149,295.00
City of Fulton $           150,000.00
City of Glen Cove $            90,000.00
City of Glens Falls $            90,000.00
City of Gloversville $           150,000.00
City of Hornell $            75,000.00
City of Jamestown $           147,970.00
City of Kingston $           150,000.00
City of Lackawanna $           100,000.00
City of Lockport $           150,000.00
City of Long Beach $            99,770.00
City of Mount Vernon $           175,000.00
City of Newburgh $           149,262.98
City of Niagara Falls $           250,000.00
City of North Tonawanda $            90,000.00
City of Ogdensburg $           150,000.00
City of Olean $           100,000.00
City of Oswego $           150,000.00
City of Peekskill $           100,000.00
City of Poughkeepsie $           150,000.00
City of Rochester $           350,000.00
City of Rome $           150,000.00
City of Saratoga Springs $           150,000.00
City of Schenectady $           250,000.00
City of Syracuse $           350,000.00
City of Tonawanda $           150,000.00
City of Troy $           250,000.00
City of Utica $           250,000.00
City of Watertown $           149,492.00
City of White Plains $           175,000.00
New York City $           350,000.00
Town of Amherst/Williamsville Village $           350,000.00
Town of Babylon/Village of Amityville $            74,985.00
Town of Brookhaven $           350,000.00
Town of Carmel $           100,000.00
Town of Cheektowaga $           250,000.00
Town of Colonie $           175,000.00
Town of Evans $           100,000.00
Town of Gouverneur $            61,000.00
Town of Greece $           175,000.00
Town of Huntington $           350,000.00
Town of Islip $           339,100.00
Town of Newburgh $           111,268.00
Town of North Hempstead $           159,000.00
Town of Oyster Bay $           349,174.93
Town of Riverhead $           100,000.00
Town of Smithtown $           350,000.00
Town of Southampton $           175,000.00
Town of Ticonderoga $            75,000.00
Town of Tonawanda $           250,000.00
Town of West Seneca $           175,000.00
Town of Wilna/Village of Carthage $            65,000.00
Town/Village of Hamburg $           175,000.00
Town/Village of Hempstead $           350,000.00
Town/Village of Liberty $            75,000.00
Village of Albion $            75,000.00
Village of Endicott $            52,500.00
Village of Freeport $           152,000.00
Village of Johnson City $           100,000.00
Village of Lindenhurst $           110,300.00
Village of Malone $            75,000.00
Village of Massena $            53,670.50
Village of Mastic Beach $           149,628.48
Village of Monticello $            71,000.00
Village of Saranac Lake $            75,000.00
Village of Valley Stream $           100,000.00
Village of Wappingers Falls $            75,000.00

The funds come from a $3.2 billion national settlement negotiated by Schneiderman’s office with Morgan Stanley over its troubled mortgage-backed securities.

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