The City of Yonkers has filed an initial foreclosure action against two properties controlled by the Greyston Foundation for $67,889.18 in unpaid property taxes plus interest.
Ravine Avenue Properties, Inc., an entity controlled by the Greyston Foundation, acquired the properties at 64 and 74 Ravine Ave. around 2006 and subsequently did not pay city and county taxes between 2006 and 2014.
The Greyston Foundation is a multiservice nonprofit organization that provides housing, employment and social services.
The city filed foreclosure papers in the state Supreme Court on April 29 and it is asking the court to order a payment of the taxes or a sale of the properties to satisfy the debt.
Steven Brown, Greyston’s president, said the delinquent property taxes will be paid.
“They’re not going to foreclose on us. We will work it out with the city,” said Brown, explaining that the unpaid property taxes resulted from bad record keeping. “We basically didn’t get the tax bills. When we bought the property we filed the (address) information incorrectly and it fell between the cracks.”
Brown said Greyston had considered building housing on the vacant lots, but now may return the properties to the city so city officials can pursue redevelopment plans with other developers.
Greyston isn’t the only property owner on Ravine Avenue that the city recently took to court.
On April 29 the city filed a foreclosure action against Anthonia Fraulo, owner of 67 Ravine Ave., for $67,945.68 in unpaid taxes plus interest. The city also filed foreclosure papers against Clyne P. Starke, owner of 85 Ravine Ave., for $81,667.54 in unpaid city and county taxes plus interest.