Live Breaking News & Updates on Zombie Property Law

What Happens to Zombie Houses of Albany, Troy and Schenectady
Have you seen the Zombie Houses of the Capital Region? Take a 15 minute drive through Albany, Schenectady or Troy and you will see these once proud structures boarded up, abandoned and vacant.
Today Albany Mayor Kathy Sheehan, Troy Mayor Patrick Madden, and Schenectady Mayor Gary McCarthy announced that the three cities have joined forces to do something about the empty eyesores of the Capital Region. According to CBS6 Albany, the three municipalities have teamed to file 18 different lawsuits!
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Using New York s Zombie Property Law, which imposes a duty to inspect, secure and maintain vacant and abandoned properties on mortgagees or their servicing agents, representatives from each of the three cities have filed lawsuits against Ocwen Financial Corporation and PHH Mortgage. According to CBS6 Albany, the Zombie Law also gives towns and cities the ability to sue mortgag ....

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