South End parcels on auction block - The Buffalo News

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South End parcels on auction block

NIAGARA FALLS – A piece of vacant downtown land riddled in back taxes is hitting the auction block later this month.

A judge has ordered the auction of 0.8 acre of land near Second Street and Ferry Avenue. It will be held at 9 a.m. Oct. 24 in the lobby of City Hall, 745 Main St.

Falls attorney Thomas J. Caserta Jr., who was appointed by the court to conduct the auction, said a dispute among three co-owners of the eight parcels involved has led to the sale.

The parcels available – 449, 455, 459, 461, 465 and 473 Second St. and 209 and 211 Ferry Ave. – will be sold as a group. They are located on the east side of Second Street, just south of Ferry, and behind a row of buildings on Third Street.

The properties are owned by New Sunrise Realty of Brooklyn and two individuals, Wei Guo and Chung Tsang.

In August 2011, Guo asked a judge to split the property, according to records on file in the Niagara County Clerk’s Office.

Guo’s attorney did not return a call to comment.

As of Friday, the properties were slated for the city’s tax foreclosure auction next year, according to the City Controller’s Office. In total, there are city and school taxes owed totaling $49,000.

As of Sept. 30, about $6,900 in unpaid Niagara County property taxes were owed on the parcels, according to the County Treasurer’s Office. Some parcels have delinquent county taxes going back five years, while others were delinquent last year and this year.

New Sunrise Realty bought the properties in April 2006 from Sebeha K. Ghobrial and Hosny Ghobrial, according to county property records.

Guo and Tsang each acquired a 25 percent ownership in the land in September 2008.

The two Ferry Avenue lots are about 26 feet by 91 feet, while most of the Second Street lots are 132 feet deep, with frontages varying from 30 to 74 feet.


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