Assignment 7: Syracuse Land Bank
By Archive User
September 29, 2014
Like many Rust Belt cities in the Northeast, Syracuse is struggling with the blight of vacant and delinquent properties. Combined, these homes and lots make Syracuse a less desirable place to live. The Syracuse Land Bank marked a milestone recently as it passed its first year since it began acquiring properties from the city. Launched as a result of a 2011 law passed by New York State, the organization acquired 436 properties and sold 54, according to Syracuse.com.
This graph shows the cumulative properties acquired by the land bank (minus properties sold), along with the cumulative properties sold:
Data: Syracuse Land Bank