Since 2013, the Greater Syracuse Land Bank has taken title to tax-delinquent properties seized by the city of Syracuse and put them up for sale in hopes of finding responsible owners. The process was put on hold last year as a result of a U.S. Supreme Court decision about owners' rights in tax foreclosures. (Rick Moriarty | rmoriarty@syracuse.com)Rick Moriarty | rmoriarty@syracuse.com
Syracuse, N.Y. — The Syracuse Common Council on Monday unanimously adopted changes in the way the city seizes properties from owners who have failed to pay taxes.
If signed by Mayor Ben Walsh, a new law will establish a procedure in which owners can recover money for their properties if they are worth more than the tax debt. The change became necessary because of a U.S. Supreme Court ruling last spring that affected foreclosures in 10 states, including New York.
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