Kingston City Land Bank and City of Kingston Announce First Acquisitions

July 9, 2020

KINGSTON, NY – Mayor Steven T. Noble and the Kingston City Land Bank (KCLB) are pleased to announce that the Land Bank has completed the purchase of three vacant homes from the City of Kingston. The homes will be renovated and returned to the City’s tax rolls at full value once completed.

With this first acquisition, the KCLB has purchased three homes: 248 Main Street, 174 Hasbrouck Avenue, and 64 Van Buren Street from the City of Kingston for the full value of unpaid real estate taxes. As a part of this Phase I of the KCLB’s program, a total of five homes are scheduled to be purchased and then renovated with funding provided by Enterprise Community Partners. Requests for Proposals for the construction renovation contracts will be posted on the KCLB’s website when available.

Once construction is complete, the homes will predominantly be sold to families earning at or below 100% of the Area Median Income in Ulster County. Currently, this limit for a family size of four is a gross household income of $83,700. Sales will be made through a public application process, details of which will be available on the KCLB website. No homes are currently offered for sale by the KCLB at this time.

“These first acquisitions are a landmark achievement for our community,” said Mayor Noble. “Not only will the City recoup back taxes for these properties through the sale, once they are renovated, these homes will reinvigorate their neighborhoods — at a time when we desperately need housing stock. I would like to thank the Community Foundation of the Hudson Valley and Enterprise for their generous grants to help the Land Bank get started on what will be a tremendous endeavor.”

“The KCLB was formed with the task of transforming the city’s vacant tax-foreclosed housing stock from community burdens into neighborhood assets, and we’ve spent the past year and a half working to do exactly that,” said Daniel Kanter, Board Chair of the KCLB. “These first three homes represent not only the enormous effort it took to get to this point, but also a first step in putting these programs into action and meeting the mission we set out to accomplish. We are deeply grateful for the patience of our community as we’ve gotten up and running, and are thrilled to enter this new stage for the KCLB and the City’s approach to equitable housing at large.”

“This Phase I milestone is just the beginning,” said Mike Gilliard, Executive Director of the KCLB. “Due to the tireless work of our dedicated Board and staff, over the next few months we will begin to implement a full range of Land Bank tools to transform delinquent properties into occupied homes on the City’s tax roll.”

The Kingston City Land Bank was formed with the purpose of acquiring title to tax-foreclosed and other distressed properties in the City of Kingston, removing barriers to redevelopment and returning properties to the tax rolls. Its mission is to foster an equitable community where vacant or distressed properties are transformed into community assets that improve the quality of life for Kingston residents, stabilize and enhance neighborhoods, and create new pathways for social and economic development.

For more information about the KCLB and to join our mailing list for updates, visit and follow us on Instagram at @kingstoncitylandbank