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Blog Entry from The Daily Gotham

Caesar Trunzo's Foreclosure Failure

The numbers are staggering: In Suffolk County, as of August, there were 8,055 homes in foreclosure or at risk of foreclosure. Of these, 5,088 were 30 days past due to lenders. Statewide, up to 150,000 homes could be lost to foreclosure. In Caesar Trunzo's fief, the Third Senatorial District, the numbers indicate real and growing pain. Brentwood has 526 loans in foreclosure and Central Islip has 433 loans in foreclosure. Yes, that's almost a thousand homes in just two towns. Now, think about what that means: that's a thousand families - more, no doubt, because the district is larger than just these two municipalities - on the verge of eviction; several thousand more of their neighbors whose home values are going to be negatively impacted by empty properties next door or down the street (the Empire Justice Center estimates value lost to neighboring houses at $18,000); declining property tax revenues to local authorities just as the demands on them rise; in short, a witches brew of negative effects on entire communities. In that context, it's fair to ask why Caesar Trunzo and Senate republicans voted against a one year foreclosure moratorium that easily passed the Assembly. Trunzo's vote is especially unforgivable among his peers, and here's why: his district is the hardest-hit Senatorial district in the state. There are other areas being devastated by the foreclosure crisis - Queens, Kings, Nassau, Monroe, Erie, to name a few - but in Suffolk, the pain is greatest. And Caesar Trunzo walked away from providing relief. Think it's time for a change? On the web: Brian Foley for Senate
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