“Syracuse land bank ‘bearing fruit’ 5 years in”
“The Greater Syracuse Land Bank celebrated its fifth birthday this week with a bus trip to show off some of its success stories.
Land bank officials and others visited demolition sights, a community garden and renovated rental housing, like Sam Reppi’s conversion of a dilapidated building on Burnet Avenue into apartments and a storefront business.
Reppi has already sunk more than $100,000 into the circa 1890 building. He’s a big fan of the the land bank approach to revitalizing city neighborhoods by buying tax delinquent properties and either demolishing or selling them.
“This is how you rebuild neighborhoods,” Reppi said. “One property at a time, one investor at a time.””
(Ellen Abbott, WRVO, June 21, 2017)Read Article