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Tax lien sale numbers drop but thousands of homes remain at risk

The City has published its 60-day lien sale list for 2016, and the good news is that the numbers keep falling. This was an expected outcome, given that many homeowners will likely enter into a payment plan or have their properties taken off the list by the City before this year’s sale on May 12. However, there are thousands of properties still facing liens.

Related: How to protect your home from the tax lien sale | Spring is tax lien season in NYC, when unpaid debts blossom into burden for homeowners

Over 3,000 buildings were removed between the publication of the 90- and 60-day lists; over 1,600 were one-to-four family homes, the ones that the Center works to protect. The largest declines were in the 8th Council District, represented by Speaker Melissa Mark-Viverito; the 48th district represented by Chaim M. Deutsch; and the 33rd district represented by Stephen Levin.

Check out the updated tracker below to see how the numbers have changed.

 

Affordable homeownershipAffordable housingForeclosureTax liens

By: Center for New York City Neighborhoods

Mar 16, 2016

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