Mayor Madden Announces Foreclosed Property Open House Event

Mayor Madden Announces Foreclosed Property Open House Event

FOR IMMEDIATE RELEASE | JULY 21, 2017
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Mayor Madden Announces Foreclosed Property Open House Event

TROY, NY – Today Mayor Patrick Madden announced the City Assessor’s office will conduct a series of open house events on July 27 at ten city-owned foreclosed properties currently available for sale. The open house events will be held on Thursday, July 27 in two sessions, the first beginning 8:30am until 10:00am, and the second from 10:00am until 11:30am.

Mayor Madden said “The City of Troy is pleased to offer the public this unique opportunity to participate in the foreclosed property sale process. We encourage interested buyers to attend the upcoming July open house events organized by the Assessor’s office and explore these available properties for sale in the Collar City.”

City staff will be onsite on July 27 at all locations to provide public access to the properties during all open house events. Attendees are asked to bring a flashlight and wear appropriate footwear. The foreclosed properties open house schedule is as follows:

8:30 am – 10:00 am
773 River Street
5 Birch Street
24 Frear Avenue
3034 Tibbits Avenue
63 Collins Avenue
557 Fourth Street

10:00 am – 11:30 am
71 Ingalls Avenue
10 Marshall Street
3100 Sixth Avenue
32 Pawling Avenue

The City of Troy is currently accepting bid proposals on available foreclosed properties from July 1 until Friday, August 4, 2017. 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., Friday, August 4. Following the proposal review process, recommended sale proposals will be transmitted to the Troy City Council for final approval on September 7, 2017.

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

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