NY Lawmakers Want Banks Held Accountable For ‘Zombie Properties’
NEW YORK (CBSNewYork) — Officials are warning the foreclosure crisis in the boroughs isn’t over and are taking aim at so-called “zombie properties.”
Although many people might think the crisis is abating, there has actually been a sharp increase inabandoned and foreclosed homes in the last year, state Attorney General Eric Schneiderman said Monday.
“Last year in the Bronx there was a 45 percent increase in the number of ‘zombies,’”Schneiderman said.
Bronx state Sen. Jeff Klein is introducing a bill that would let homeowners stay in the homes as long as possible and hold the banks accountable for the disrepair.
This entry was posted in Uncategorized
and tagged Banks
. Bookmark the permalink