NEW REPORT!

A Decade of Progress: Celebrating 10 years of Land Banks in New York

The New York Land Bank Association has issued a new report highlighting the remarkable growth and tremendous impact that land banks have had throughout the state since New York’s first land banks were established in 2012. The report, A Decade of Progress: Celebrating 10 years of Land Banks in New York, details the extraordinary rise of New York’s land bank program from a collection of novel organizations to one of the state’s most proven and effective tools for reclaiming vacant and abandoned properties.


A map of New York State's land banks

The New York Land Bank Association thanks the Governor and State Legislature for including $50 million in funding for Land Banks in the state budget. New York has developed one of the most active and effective networks of land banks in the United States, and this investment enables us to continue to build upon the tremendous success that our land bank program has achieved over the past decade. This funding ensures our communities remain equipped with the tools they need to transform vacant problem properties into assets that help revitalize urban and rural communities across New York. Thank you to all of our partners throughout the state for your continued support.
— Statement from New York Land Bank Association President Adam Zaranko Regarding the FY 2023 Adopted State Budget

New York’s first land banks were established in 2012, pursuant to the passage of the New York Land Bank Act.  The Act allows foreclosing governmental units (local units of government that foreclose on real property for delinquent taxes) to form land banks. Land banks are local public authorities, accountable to the units of government which created them, designed to acquire, stabilize, assemble, and facilitate the redevelopment of blighted and abandoned properties, in order for them to be returned to productive use. Returning these formerly abandoned properties to productive use improves quality of life for surrounding residents and helps to grow the community’s local property tax base by encouraging renovation that improves the value of the property the land bank sells, as well as surrounding property values.  There are now 29 land banks across the state working to proactively intervene and take control of abandoned properties.

NY LAND BANK ASSOCIATION MEMBERS

The New York Land Bank Association represents 29 member land banks across the state.

ALBANY COUNTY LAND BANK CORP.

ALLEGANY COUNTY LAND BANK

BROOME COUNTY LAND BANK CORPORATION

BUFFALO ERIE NIAGARA LAND IMPROVEMENT CORP.

CAPITAL REGION LAND BANK

CATTARAUGUS COUNTY LAND BANK

CHAUTAUQUA COUNTY LAND BANK CORP.

CHEMUNG COUNTY LAND BANK

COLUMBIA COUNTY LAND BANK

DUTCHESS COUNTY-POUGHKEEPSIE LAND BANK (DCPLB)

ESSEX COUNTY LAND BANK

FINGER LAKES REGIONAL LAND BANK CORP. (SENECA COUNTY)

FRANKLIN COUNTY LAND BANK

GREATER MOHAWK VALLEY LAND BANK

GREATER SYRACUSE LAND BANK

KINGSTON CITY LAND BANK

LIVINGSTON COUNTY LAND BANK

NASSAU COUNTY LAND BANK

NEWBURGH COMMUNITY LAND BANK

NIAGARA-ORLEANS REGIONAL LAND IMPROVEMENT CORP.

OGDENSBURG LAND BANK CORP.

OSWEGO COUNTY LAND BANK

ROCHESTER LAND BANK CORP.

SUFFOLK COUNTY LAND BANK CORP.

STEUBEN COUNTY LAND BANK

SULLIVAN COUNTY LAND BANK CORP.

TIOGA COUNTY PROPERTY DEVELOPMENT CORP.

TROY COMMUNITY LAND BANK

WAYNE COUNTY LAND BANK