These houses that have been vacant for years have to reduce prices drastically, because even if they are listed at "market value", which they aren't, empty houses deteriorate horribly in this climate, and they are no longer worth what they were when listed.
There's a house on Lexington, this is the FOURTH winter it has been vacant, the owners are long gone, perhaps deceased, how is it possible for whatever entity owns it now to hang on to it? The taxes are over 7 grand, the house sits and rots, and the asking price is still over $100,000. This place is deteriorating by the minute. Is there some kind of write-off available to 'investors' that enables them to commit "demolition by neglect" right in the middle of a nice residential area?
It is a real shame that McCarthy is getting away with this abuse of the taxpayers. Does he really believe he is going to prove to the world that Schenectady is not overassessed, by personally selling all these white elephants? Why don't more people get outraged over this? I think part of the reason is that the media constantly refer to the city as "cash-strapped", which gives the ignorant a false impression that our elected officials are heroically fighting an uphill battle on our behalf.
If this guy has time on his hands, instead of working free for a big Realty company, he should maybe go look around at some of the areas that are dangerous because of his half-@$$ management of a snowstorm. |
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