(BINGHAMTON, N.Y.) — Mayor Richard C. David and Broome County Land Bank Executive Director Margaret Scarinzi today announced a partnership to demolish five blighted properties in the First Ward and the nearby West Side.
“These five properties are examples of eyesores that have sat neglected for too long, hurting our neighborhoods, frustrating residents and stunting a resurgence in the areas of our City that so many families and individuals call home,” said Mayor David. “By collaborating once again with the Land Bank to tackle blight in Binghamton, we are combining our resources to produce real results in a cost-effective way.”
The following properties will be demolished:
- 40 Julian St.
- 29 Lydia St.
- 5 Valley St.
- 34 Jarvis St.
- 50 Thorp St.
All five properties are owned by the City of Binghamton. The City arranged and contracted for the demolitions, which began today at 34 Jarvis St. The Land Bank has agreed to reimburse the City for the cost of the demolitions, up to $117,431.
Gorick Construction, of Binghamton, is the demolition contractor on the project.
Once work is completed, the City will transfer title to four of the properties to the Land Bank, retaining ownership of 5 Valley St. located near Valley Street Park.
The Broome County Land Bank will issue an RFP to redevelop 34 Jarvis St., which is located in the Clinton St. Commercial Corridor. The remainder of the properties will be incorporated into the Land Bank’s side lot program.
“Leveraging our resources allows us to make a bigger impact in the community,” said Broome County Land Bank Executive Director Margaret Scarinzi. “We are pleased to partner with the City of Binghamton on these demolitions, eliminating blighted, nuisance properties and preserving the integrity of the neighborhood.”
The City and the Land Bank have also teamed up on the Crandall / North Street Revitalization Project. The Land Bank is providing $170,000 toward construction costs at 47 North St., an historic landmark that will be renovated into a mixed-use building. It is part of the First Ward Action Council’s $11 million affordable housing project, which includes rehabilitation of 11 other buildings on Crandall St. to provide 40 units of safe affordable housing.
In 2016, the City and Land Bank also advanced a partnership to demolish seven blighted properties on the North Side.
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