Property with Violations

Categories: Research

I’m looking at a property in Bed Stuy that, after some research on BIS, appears to have had a Stop Work Order in 2008, and has multiple open Violations with the DOB and the ECB (what’s the ECB?).

If the price is right, do I proceed? Or is this just a field of landmines? Is it a negotiation tool? Or is it just asking for trouble?

Most violations appear to be the result of neighbors calling the property in. Seems not to be a popular house on the block.

Thoughts, advice?

By P | 08/07/2009 3:53 PM