Schenectady Land Bank sells first property - NEWS10 ABC: Albany, New York News, Weather, Sports

Schenectady Land Bank sells first property

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SCHENECTADY, N.Y.—Schenectady's Land Bank announced the sale of its first property at 1006 Strong Street on Thursday.

A family will own and occupy the first property sold by Schenectady's Land Bank once renovations are completed.

"The Schenectady Land Bank is officially open for business.  With funding from the County and NYS Attorney General Eric Schneiderman, we can use the Land Bank as a key part of our HOMES Program to help improve Schenectady neighborhoods," said Mayor Gary McCarthy.

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