Competitive Market To Boost Land Bank Properties

FREDONIA — Thanks to a shrinking market and higher demand, the Chautauqua County Land Bank Corp. has had little trouble selling its properties to new owners.

On Wednesday at the Fredonia Technology Incubator, members of the Land Bank’s board of directors gathered for their monthly meeting. There, Executive Director Gina Paradis shared the news that five properties had been sold since the last board meeting in September: 24 Smith St. in Brocton; 13 Pearl St. in Forestville; 53 Arden Ave. in Jamestown; 239 Connecticut Ave. in Jamestown; and 12 18th St. in Jamestown.

Importantly, Paradis noted that all five properties will be owner-occupied rather than rental properties. The sale is pending on an additional property in Jamestown, and another property on Middle Road was recently donated to the Land Bank, Paradis added.

The Post Journal

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