absentee owner

Isaac Kremer/ July 2, 2025/

Abandoned blank" >target="_blank" >glossary/historic/" class="glossaryLink" data-cmtooltip="3a1816e2ed5395f1e7871df9de358530" target="_blank" >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

IsaacKremer.com is the personal website of Isaac Kremer, MSARP, a nationally recognized leader in the Main Street Approach to commercial district revitalization with over 25 years of experience. Kremer, New Jersey's first certified Main Street America Revitalization Professional (MSARP), has served as founding executive director for organizations like Experience Princeton and the Metuchen Downtown Alliance, which won a Great American Main Street Award under his leadership. He recently became director of the Royal Oak Downtown Development Authority in Michigan.