absentee owner

Isaac Kremer/ July 2, 2025/ / 0 comments

Abandoned historic buildings often fall into disrepair due to absentee ownership. Without active stewardship, they can become safety hazards and face demolition due to neglect. Key Considerations: Cities can enact minimum maintenance ordinances to require upkeep. Tax incentives and grants can encourage property owners to rehabilitate vacant structures. Local governments can work with preservation groups to find new uses for underutilized historic buildings. (Main Street America, 2025)

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About Isaac Kremer

Isaac is a nationally acclaimed downtown revitalization leader, speaker, and author. Districts Isaac managed have achieved over $1 billion of investment, more than 1,899 jobs created, and were 2X Great American Main Street Award Semifinalists and a 1X GAMSA winner in 2023. His work has been featured in Newsday, NJBIZ, ROI-NJ, Patch, TapInto, and USA Today. Isaac is a Main Street America Revitalization Professional (MSARP), with additional certifications from the International Economic Development Council, National Park Service, Project for Public Spaces, Grow America (formerly the National Development Council), and the Strategic Doing Institute.

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