The city’s controversial tax lien sale expires Monday. Absent legislation to create a new program or renew the existing one, a group of activists and elected officials have proposed abolishing…
Hundreds of thousands of New York households have fallen behind on their mortgages or property taxes during the pandemic, putting them at risk of losing their homes after statewide foreclosure…
The city’s yearly tax lien sale, scheduled for Dec. 17, allows private corporations to purchase homeowners’ unpaid property tax and water bill debts for about 75 cents on the dollar.…
Most cities do not sell their tax liens to a private trust. Many have programs which help homeowners pay off their debt and repair their neglected rental properties. Other cities…
