BINGHAMTON, N.Y. - The City of Binghamton has embarked on another wave of demolitions, this one funded by the Broome County Land Bank.
The process began last week as Gorick Construction tore down 37 Jarvis Street in the city's First Ward.
The building was once home to a hotel, a bar and later a fraternity house.
The Land Bank is providing $117,000 for the Jarvis Street demolition and four others.
The organization will receive ownership of all the properties but 5 Valley Street which is adjacent to Valley Street Park.
"The Land bank has been extremely supportive of the City of Binghamton's effort to identify and remove blight, and also identify and rehabilitate structures that have potential, that can help stabilize and transform neighborhoods," said Mayor Rich David.
The Land Bank is also providing $170,000 toward the rehabilitation of 47 North Street, an historic building that will be converted into a mixed-use community center as part of the First Ward Action Council's Crandall/North Street Revitalization Project.