Historic homes auctioned off
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BINGHAMTON, N.Y. -- Now that roughly two dozen properties have been auctioned off, city officials in Binghamton are anxious to find out what their new owners have planned.
Their former owner owed hundreds of thousands of dollars in back taxes and utilities and some had been divided into multiple apartments, violating zoning restrictions.
The property at 10 Riverside Drive sold for the highest amount at $240,000.
Historic sites, such as the Stone Opera House, sold for $68,000, while the Jenkins Mansion was purchased for $200,000.
Some city officials had previously expressed concerns about the outcome of the auction.
"We won’t really know the results of this until we see what the buyers do with the properties. Let's just hope, for our sake and for our neighborhood's sake, that the people who are buying them are good landlords and improve our housing stock," Binghamton Mayor Matt Ryan said.
A few homes in Endicott were also auctioned off.