Mayor Madden Announces 2018 Foreclosed Properties Open House Event

Mayor Madden Announces 2018 Foreclosed Properties Open House Event

For Immediate Release
July 18, 2018

Mayor Madden Announces 2018 Foreclosed Property Open House Event

Various city-owned properties currently available for sale will be open for public inspection on Tuesday, July 24
City Assessor’s Office accepting bid proposals through Thursday, August 2

View or download release in PDF format

TROY, NY – In response to the City’s successful foreclosed property open house event held last summer, Mayor Patrick Madden today announced the City of Troy will open to the public 14 city-owned foreclosed properties currently available for sale through the City Assessor’s office. The annual open house event will be held during two sessions on Tuesday, July 24, from 9:00am until 10:30am, and 11:00am until 12:30pm.

Mayor Madden said, “The resale of foreclosed properties not only restores buildings to active use which helps stabilize Troy neighborhoods impacted by blight and vacancy, it expands the local tax base and provides new revenue to the city. The popularity of last year’s open house program demonstrated the strong interest in home and property ownership in Troy, and we are pleased to offer the public another opportunity to explore available properties for sale in our community.”

City staff will be onsite at all locations during the event to provide public access to the properties. Attendees are asked to bring a flashlight and wear appropriate footwear. Open-toed shoes or sandals are prohibited. The foreclosed properties open house schedule is as follows:

9:00am – 10:30am
751-759 Burden Avenue
13 Dunham Street
31 Dunham Street
1033 Sixth Avenue
47 Ingalls Avenue
6 Grace Ct.
118 Sixth Avenue

11:00am – 12:30pm
17 Erie Street
16 Parkview Ct.
2179 Fourteenth Street
195 Tenth Street
13 West Sunnyside
383 Fifth Avenue
658 Fifth Avenue

The City of Troy is currently accepting bid proposals on available city-owned foreclosed properties. Proposals must be delivered to the Office of the City Assessor, 433 River Street, Ste. 5001, Troy New York 12180 by 4:30 p.m., Thursday, August 2. Following the proposal review process, recommended sale proposals will be transmitted to the Troy City Council for final approval.

For more information on the foreclosure sale process and a full list of available foreclosed properties please contact the City Assessor’s office at (518) 279-7126 or visit www.troyny.gov

For up-to-date announcements from Troy City Hall, please visit www.troyny.gov/category/city-news/

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Press Contact:
John Salka, Deputy Director of Public Information
[email protected] / (518) 279-7131

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