SCHUMER & GILLIBRAND ANNOUNCE $1.7 MILLION IN FEDERAL FUNDS TO BUYOUT AND DEMOLISH SEVERLY FLOOD-DAMAGED BUILDINGS IN DELAWARE COUNTY – WILL REMOVE BLIGHTED PROPERTIES AND CREATE NEW GREEN SPACE IN VILLAGE OF SIDNEY

WASHINGTON, D.C. – April 9, 2014 – (RealEstateRama) — U.S. Senators Charles E. Schumer and Kirsten Gillibrand today announced $1.7 million in federal funds to acquire and demolish flood-damaged structures in the Village of Sidney in Delaware County, and turn them into green space. The federal funds cover 75% of Delaware County’s project to buyout and tear down the properties in this flood-prone location. Because the damaged buildings were located in a flood hazard zone, where there was persistent and severe flooding, demolishing the structures was Delaware County’s preferred plan