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NY AG Pushes 'Zombie' Home Bill

New York State Attorney General Eric Schneiderman
New York State Attorney General Eric Schneiderman

  New York's Attorney General Eric Schneiderman says he's submitting legislation to combat the plague of abandoned properties, revising a bill lawmakers failed to enact last year. 

The measure  would make banks and other mortgage lenders responsible for maintaining properties abandoned after  foreclosure.

 
Known as "zombie" homes, they can fall into disrepair, reducing the values of surrounding property and serving as magnets for crime and vandalism.
 

Schneiderman's bill would require lenders to tell homeowners of their right to stay until ordered out by a court, require they secure abandoned properties earlier in the process, and impose fines for noncompliance.

 
 
 
 
Copyright 2015 The Associated Press.

Dave Lucas is WAMC’s Capital Region Bureau Chief. Born and raised in Albany, he’s been involved in nearly every aspect of local radio since 1981. Before joining WAMC, Dave was a reporter and anchor at WGY in Schenectady. Prior to that he hosted talk shows on WYJB and WROW, including the 1999 series of overnight radio broadcasts tracking the JonBenet Ramsey murder case with a cast of callers and characters from all over the world via the internet. In 2012, Dave received a Communicator Award of Distinction for his WAMC news story "Fail: The NYS Flood Panel," which explores whether the damage from Hurricane Irene and Tropical Storm Lee could have been prevented or at least curbed. Dave began his radio career as a “morning personality” at WABY in Albany.
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