News

Land Bank and Habitat revive zombie property

The sale of the home was accepted on Tuesday

March 30, 2018

BY ANDREW BEAM, The Daily Gazette

SCHENECTADY — A new Schenectady police officer will soon move into a newly renovated home, thanks to a partnership between the Capital Region Land Bank and Habitat for Humanity.

The home, at 906 Pennsylvania Ave., was sold to Andre Alert, a new recruit in the Schenectady police department.

It was previously vacant and abandoned by the previous owner, labeled a “zombie property” that was foreclosed upon by Bank of America, according to David Hogenkamp, project director for the Schenectady Metroplex Development Authority.

Metroplex administers the land bank program in Schenectady County.

Alert offered $111,000 for the home, which was listed by the Land Bank for $130,000.

To read the complete article on The Daily Gazette website, click here.

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