Friday, February 9, 2007

Going once, going twice...

You could get yourself a handyman's special if you want a bargain on a piece of property in Southeastern Queens...or a real estate developer might beat you to it.

City to sell abandoned homes sitting in Laurelton, Rosedale

"Sanders said families interested in purchasing any of the homes, which are scattered throughout Laurelton and Rosedale, should contact him. But ultimately, the homes will go to the highest bidders and could potentially be purchased by real estate developers."

2 comments:

Anonymous said...

How about a lottery instead? Families of lower to moderate income fill out cards as first time home buyers, put them in a hat and the names are drawn. The winners are permitted to buy these properties at an equally reasonable price. Cut rate mortgages will, of course, be provided. Yeah, sure, not in greed city. Sorry for the fairy tale!

Anonymous said...

Why doesn't the city institute programs that encourage owner-occupied housing?

There are many, many, things that can be done to stop developers.

Every time you mention one, you get a blank face, or one clouded with concern on all the problems.

Want to develop a parcel? Step right up ticket in hand, mister!