A new study suggests that Philadelphia's 40,000 vacant buildings reduce home values by as much as $8,000 and cost the city $20 million per year in maintenance.
The chronic problem is complicated by ownership issues, says Catherine Lucey. Various city agencies own only 25% of the properties. Some of the remaining 75% go to public auction, but many are left to decay.
Mayor Michael Nutter's administration has employed anti-blight programs to combat the problem with minimal success but is also considering models from other cities, Lucey writes:
"One example that has been heralded is in Genesee County, Mich., home to Flint, where the government set up a land bank that takes control of abandoned and tax-foreclosed properties and decides the best use - be it to sell the property to a developer, to give it to a community group or to maintain the land itself."
FULL STORY: Abandoned properties have reduced city home values by an average of $8,000, study finds

Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

Chicago’s Ghost Rails
Just beneath the surface of the modern city lie the remnants of its expansive early 20th-century streetcar system.

Amtrak Cutting Jobs, Funding to High-Speed Rail
The agency plans to cut 10 percent of its workforce and has confirmed it will not fund new high-speed rail projects.

Ohio Forces Data Centers to Prepay for Power
Utilities are calling on states to hold data center operators responsible for new energy demands to prevent leaving consumers on the hook for their bills.

MARTA CEO Steps Down Amid Citizenship Concerns
MARTA’s board announced Thursday that its chief, who is from Canada, is resigning due to questions about his immigration status.

Silicon Valley ‘Bike Superhighway’ Awarded $14M State Grant
A Caltrans grant brings the 10-mile Central Bikeway project connecting Santa Clara and East San Jose closer to fruition.
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