Today WNYC News highlighted the efforts of the Newburgh Land Bank with their article titled, After the Crash, Banks Paid Billions. Where’d it All Go? The article comes out on the heels of a new decision made in Albany to double the amount of land banks in New York State.
The Newburgh Land Bank is focusing on streets that radiate north of Broadway: Lander, Chambers etc, of which, 25% of properties are vacant. Don’t just read the article, listen to the audio as there are more details. They are hoping to make this area the poster child for change that a land bank can bring about to a neighborhood, block by block. Already the land bank has sold a large apartment building on northern Lander that is being rehabilitated as well as a church and, are looking to stabilize the roof of a defunct dog pound to an interested buyer who would not be able to fix the collapsed roof themselves. Fortunately, they are looking to save many buildings instead of looking at demolition, something these streets have seen too much of already.
Photo © Ilya Marritz