foreclosure

Syracuse Common Councilors have agreed to begin foreclosure proceedings on more than two dozen addition tax delinquent properties, that will be turned over to the land bank. This is the third round of foreclosure decisions by lawmakers in the last month. But, there is an end game in sight.

CORRECTION March 4: Current Mizpah Tower owner Syracuse Bangkok, LLC. is $115,646.31 delinquent on taxes, according to the Onondaga County property tax database.

A potential new owner of the long-vacant Mizpah Tower in downtown Syracuse is hoping to satisfy a certain kind of rental market. 

The Syracuse Common Council has proposed loaning the newly formed city-county land bank money so it can begin operating in earnest, but questions remain on the availability of those funds.

200 Foreclosure notices sent out Monday in Syracuse

Nov 19, 2012

A newly-established land bank sent out 200 foreclosure notices in Syracuse on Monday. The land bank is one of five approved by the state earlier this year, as part of an effort to reduce the number of neglected properties and to add to property tax rolls.

A mobile command center for the state's Department of Financial Services is rolling across New York state looking to help people who may be having trouble paying their mortgage. It brings foreclosure prevention specialists to urban areas that need them.