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)