The Capital Region Land Bank will be purchasing notorious “zombie” property 2 Cornelius Avenue in Niskayuna from Mr. Cooper. The Land Bank will explore proposals for both rehab and demolition and will also seek $20,000 in grant funds to help offset any costs associated with the property. Chairman of the Land Bank’s Board, Richard Ruzzo, praised the Land Bank’s work:
“The Land Bank's mission is to improve neighborhoods by fixing homes that need renovation and demolishing zombie properties that are beyond repair. We have seen time and time again that neighborhoods improve when vacant and derelict properties are taken care of instead of being neglected."
Read the full Times Union article here.