Check out our
Winter Newsletter
Reflections on a year of
land banking
As the snow falls on our neighborhood blanketing it in wintery white, we are reflecting on a busy year of buttoning up buildings and bright beginnings for new owners. This time last year we closed on two homes- 59 and 63 Lander St, which we rehabbed and sold to local first time homebuyers. In the Spring, we sold another two homes - 136 Lander and 39 S. Miller to Newburgh residents. All four townhouses have 1-2 rental units in addition to the owner's unit, which means we created 11 units of quality housing where there were once vacant and deteriorated buildings. We are excited for the new homeowners starting new chapters in their renovated homes. READ MORE
Some of the work we completed in 2025. Clockwise: 128 Dubois underwent a major exterior and interior stabilization, 140 Chambers new roof and exterior significantly restored, 72 Lander St asbestos abated and all new roof and joists, 11 S. Miller roof replaced and gutted of fire damage, 78 Lander asbestos abated and plans underway for major stabilization, 140 Chambers rear facade and porch restoration, 39 S Miller and 136 Lander rehabbed and sold to first time homebuyers at affordable prices.
As part of our House to Home Program, 59 and 63 Lander (white buildings) were fully renovated and sold to first time home buyers at the end of 2024- 2 rental units per building provide invaluable income to the new owners. 136 Lander (below left) and 39 S. Miller (below right) were also renovated and sold to local first time home buyers in April 2025.
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140 Chambers St recently underwent significant exterior renovation to preserve it in preparation for a full scale rehab. It will be converted into a 3 family home in our House to Home Program. It is also a host site for Biennial Terrain Newburgh Sept 27-Nov 15, 2025. Artist: Andrea Moed
Click on image to open link to the full report - A Decade of Progress: Celebrating 10 Years of Land Banks in New York
celebrating
10 years
We are proud of what we have accomplished since our founding in 2012. Together with our partners, we have transformed dozens of vacant and deteriorated properties into productive community assets.
Here are some of the highlights:
• 123 properties acquired in the East End Historic District
• 113 properties activated and restored
• ~300 units of housing generated
• Over $10.6 million raised in grant funding
• Over $84 million leveraged in private and public dollars
• Over $17.8 Million in assessed value returned to tax rolls
• 85% of units have affordability requirements
• 40 owner occupants- mostly first time homebuyers
• More than 33% reduction in vacancy in target neighborhood
• Stimulated improvements & investment in the surrounding neighborhood
In addition to our building projects we also:
Incubated Downing Park Urban Farm and helped develop green space on Broadway
And developed an innovative award winning creative placemaking Artist in Vacancy program
Please consider donating to our land bank, which is a 501(c)3 nonprofit corporation, to help further our mission of improving our community for all.
