NYC still has some 800 zombie properties

Brooklyn and Queens boast the most abandoned properties

New York /
Jun.June 29, 2014 01:00 PM

New York City’s residential market may be hot, but Brooklyn and Queens are still plagued with “zombie” properties —abandoned homes where the bank has failed to complete the foreclosure process.

Across the five boroughs there are roughly 807 deserted homes, according to the New York Post. In Brooklyn there are 250 zombie properties, with the largest numbers in East New York, Cypress Hills and Ocean Hill, according to ZIP code data from RealtyTrac.

In Queens, there are 220 zombie properties, with highest numbers in the St. Albans, Jamaica and Ozone Park neighborhoods.

“We had kids hanging out, squatters in there, and they even tried to turn it into a brothel,” Vicky Thomas of St. Albans, who lives next to an abandoned home, said. “Johns were parading girls into the back yard. It was torture.”

The Bronx has 181 zombie homes, Staten Island has 121 and Manhattan has 35.

But the city is attempting to take action. State Attorney General Eric Schneiderman is pushing a bill that would force mortgage holders to care for the properties.

“Zombie homes are a drain on families and communities and place undue burden on thinly stretched municipal resources,” said Melissa Grace, an AG spokeswoman. “We look forward to working with the legislature . . . next session.” [NYP]Christopher Cameron


Related Articles

arrow_forward_ios
City subsidizing rent at deed fraudster’s properties: report
City subsidizing rent at deed fraudster’s properties: report
City subsidizing rent at deed fraudster’s properties: report
Foreclosures in an uptick
Foreclosures and mortgage delinquencies tick up in June
Foreclosures and mortgage delinquencies tick up in June
Extell's Gary Barnett, Robert Gans and an aerial of 616 11th Avenue (Robert’s Steakhouse, Google Maps)
Investor Robert Gans files for bankruptcy to thwart Barnett, Eli Tabak
Investor Robert Gans files for bankruptcy to thwart Barnett, Eli Tabak
15 West 43rd Street (Google Maps)
Lender files to foreclose on Princeton Club of New York
Lender files to foreclose on Princeton Club of New York
Parkview’s Paul Rahimian with 1800 Avenue at Port Imperial (LinkedIn, Handel Architects)
Lender plans unusual loan sale on Chinese developer’s troubled NJ project
Lender plans unusual loan sale on Chinese developer’s troubled NJ project
Parkview’s Paul Rahimian and 1800 Avenue at Port Imperial (Parkview Financial, Handel Architects, Illustration by Kevin Cifuentes for The Real Deal)
Chinese developer Hongkun faces foreclosure on luxury NJ condo
Chinese developer Hongkun faces foreclosure on luxury NJ condo
Joseph Chetrit and 98 Montague Street in Downtown Brooklyn (Credit: Getty Images and Google Maps)
Brooklyn’s iconic Bossert Hotel facing foreclosure
Brooklyn’s iconic Bossert Hotel facing foreclosure
Related's Stephen Ross, the Gregory Hotel at 42 West 35th Street and Meadow Partners’ Jeffrey Kaplan (Getty, Google Maps, Meadow Partners)
Related sues Meadow after foreclosure on Garment District hotel
Related sues Meadow after foreclosure on Garment District hotel
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...