Tagged: receivership

Update: New Properties on the Block

A bunch of properties featured on the blog will be auctioned off at the end of the month — hopefully they’ll go to owners will will do something with them, and not people who will continue to let them deteriorate.

Many thanks to the attorneys at Baltimore Housing for their hard work getting these properties away from their neglectful owners:

1909 W Fairmount Avenue

803 N Collington Avenue

3520 E Fayette Street

617 N Grantley Street

2037 Orleans Street

2530 Orleans Street

1909 W Fairmount Avenue

Note:  This home is currently going through the receivership process.  While not as dramatic as being run out of town by the state attorney general, I have noticed many more of this slumlord’s homes are going into receivership — hopefully this trend continues.

Property Address:  1909 W Fairmount Avenue, Baltimore, MD 21223

Property Owner:  Compound Yield Play, LLC, 4500 Bissonnett Street, #300, Bellaire, TX 77401 (A Scott Wizig-controlled entity)

City Council District and Contact:  District 9, “Pistol” Pete Welch

State Senator:  Verna Jones Rodwell

State Delegates:  Keith HaynesKeiffer Mitchell JrMelvin Stukes

1909 W Fairmount Avenue -- note the red x sign, placed by BCFD to indicate the structure is unsafe to enter.

1909 W Fairmount Avenue — note the red x sign, placed by BCFD to indicate the structure is unsafe to enter.

 

Update: 310 N Franklintown Road

This property, one of many owned by shell entities created by slumlord Stanley Rochkind and his associates, went through the receivership process, and will soon be auctioned off — hopefully to someone who will actually maintain the property and not allow it to fall into ruin.

See the property and the original post (from January of this year) here.

Update: 2022 and 2024 N Calvert Street

Originally posted on the blog in 2010, Baltimore Housing has filed for receivership of the properties.  Hopefully soon they will have a responsible owner!

Both properties were flipped in 2012 to a new owner, Carrera Development, LLC, a company that is using a UPS Store downtown as its primary business address.

A Community’s Success! 4817 Arabia Avenue

I’m absolutely thrilled to report that 4817 Arabia Avenue has finally been purchased and renovated — and a beautiful renovation it is!  This success story happened because the neighbors banded together and made sure this home didn’t continue as an eyesore — and also through the hard work of our Housing attorneys and Code Enforcement folks.

Here’s the home when it was featured on the blog in 2012:

4817 Arabia Avenue in 2012

4817 Arabia Avenue in 2012

Here’s what the house looks like today:

4817 Arabia Avenue, 2014

4817 Arabia Avenue, 2014

I am also happy to report that permits were pulled for the work done on the home.  Bravo!

Update: 517 N Port Street

Unfortunately, this is another property where there’s not much to report — it’s still a boarded-up eyesore, devoid of a responsible owner.  You can read the original post here.

However, it does serve as a reminder that the taking of a property by the City is not always a quick and easy process.  Baltimore Housing filed for receivership of this property back in 2011, and they filed to foreclose on the property in 2013.  I have to wonder how much taxpayer money it’s cost thus far to take this property, and whether that amount exceeds the actual value (now and in the future) of this property.

There are no easy solutions to the vacancy problem, despite what some may think.  I just have to wonder about the motivation of someone who purchases a property in our city, only to leave it to rot?  Why bother?  And why foist this nuisance onto the neighbors?

517 N Port Street, on the right.  Note the attractive rehabbed home next door -- would you want to live next to this eyesore?

517 N Port Street, on the right. Note the attractive rehabbed home next door — would you want to live next to this eyesore?