NEWS FROM THE OFFICE OF

ULSTER COUNTY COMPTROLLER

ELLIOTT AUERBACH
ELLIOTT AUERBACH COUNTY COMPTROLLER 244 FAIR STREET KINGSTON, NEW YORK 12401 PHONE: 845: 340-3529 eaue@co.ulster,ny.us
www.co.ulster.ny.us/resources/comptroller

FOR IMMEDIATE RELEASE

REDEEMED, REMOVED & REDUCED

Foreclosure Auction: The Original 211 Parcels Decreased to 159
KINGSTON, NY (April 12, 2013) The list of foreclosed properties has been modestly reduced as property owners rush to redeem their parcels prior to the Annual Public Auction of County Lands to be held April 16, 2013 at SUNY Ulster. Twenty-five percent of the original 211 properties up for auction, with unpaid taxes outstanding for three or more years, have been paid, redeemed or removed by their owners. The updated list as of Friday consists of 159 properties, ranging from a .08 acre parcel with a starting bid of $7,690 in the Village of Saugerties to a 58.9 acre parcel starting at $16,589 located in Lloyd. The Town of Saugerties continues to account for the largest number of unpaid parcels with 27. Eight (8) of the original thirty-five (35) have been redeemed. Trailing close behind is the Town of Ulster and Wawarsing with twenty-two (22) and twenty (20) parcels respectively, after a combined eleven (11) properties were redeemed; 5 from Ulster, 6 from Wawarsing. The Town of Saugerties also remains tops on the list in total dollars of unpaid taxes with the remaining twenty-seven (27) properties accounting for $857,534. This includes one parcel whose taxes have been unpaid since 1995, and represents $502,533. It is unknown if this property will ever sell because of the environmental issues associated with it, rendering it unsalable. Since the publication of the list in early April, one parcel has been deleted from the auction list in the Village of Ellenville by the Environment Protection Agency due to continued remediation of the hazardous site; two (2) properties starting auction values have been amended decreasing the starting bid value, and fifty-one (51) parcels have been redeemed totaling $1,118,269. As of April 12, 2013 the total unpaid taxes total $2,468,960. The original 2013 auction list of 211 properties represented an 8% increase from 2012 although the total of unpaid taxes fell 7% below the 2012 number This year 18 of the 20 Towns and 2 of the 3 villages located in Ulster County will have properties up for auction. . The following represents the original listing and most recent update:

The mission of the Ulster County Comptrollers Office is to serve as an independent agency of the people and to protect the public interest by monitoring County government and to assess and report on the degree to which its operation is economical, efficient and its financial condition sound.

County of Ulster Comparison of the 2010 Public Auction Original Listing and Updated After Redemptions As of April 12, 2013
Number of Parcels Parcels Original Unpaid as of Parcels April 12, Unpaid Redeemed 2013 13 6 5 5 5 5 6 11 5 9 6 8 1 35 12 10 27 8 26 8 211 * Deleted by EPA 4 2 2 0 3 2 2 2 2 1 1 2 0 8 4 4 5 1 6 1 52 9 4 3 5 2 3 4 9 3 8 5 6 1 27 8 6 22 7 20 7 159 Tax Amounts Unpaid Taxes Unpaid As of April 12, Redeemed 2013 AMEND $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 42,313 37,247 17,979 102,610 36,045 36,608 25,421 21,211 10,695 7,304 32,253 108,982 40,715 121,943 54,873 $ 359,872* 70,556 3,118 769,873 $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 183,704 35,347 16,743 29,559 1,071 46,952 84,275 99,832 15,948 197,848 51,344 33,535 7,690 857,534 95,619 194,370 239,690 105,305 184,070 71,014

Town Esopus Gardiner Hurley Kingston Lloyd Marbletown Marlborough New Paltz Olive Plattekill Rochester Rosendale Village of Saugerties Saugerties Shandaken Shawangunk Ulster Village of Ellenville Wawarsing Woodstock

Original Tax Amounts Unpaid $ 226,017 72,594 34,722 29,559 103,681 82,997 120,883 125,253 37,159 208,543 58,648 65,788 7,690 966,516 136,334 316,313 294,563 465,177 254,626 74,132

Taxes Unpaid As of April 12, 2013 $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 183,704 35,347 16,743 29,559 1,071 37,746 84,275 99,832 15,948 197,848 51,344 31,265 7,690 857,534 95,619 194,370 239,690 105,305 184,070

(9,206)

(2,270)

$3,681,195

$ 2,551,450

$ (11,476)

$ 2,468,960

The mission of the Ulster County Comptrollers Office is to serve as an independent agency of the people and to protect the public interest by monitoring County government and to assess and report on the degree to which its operation is economical, efficient and its financial condition sound.