Albany County Land Bank sells 500th property

The Albany County Land Bank announced Thursday that it has surpassed 500 property sales since its formation in 2014 and become the second-largest of the state’s 25 land banks.

Through the end of 2019, it had acquired 355 vacant buildings and 745 vacant parcels that were abandoned or had been seized in tax foreclosures. Also, it stabilized 74 buildings and demolished 75, and improved 118 vacant lots.

These properties have been in every municipality in the county, and have ranged from single- and multi-family residential buildings to small urban lots to rural properties exceeding 60 acres.

Read the full article from the Daily Gazette HERE