The state has proposed creating a cease-and-desist zone in the village of Chestnut Ridge to protect homeowners from overly aggressive real estate sellers and home buyers.
A ruling from New York State’s Department of State comes more than a year after a hearing at which dozens of residents complained of being harassed and threatened to sell their homes. Some cited the rapid expansion of the ultra-Orthodox Jewish community as a driving force behind the pressure they felt to sell.
Some speakers described the tactics as “blockbusting,” the practice of pressuring homeowners to sell by threatening that home values will drop as their neighborhoods change. [Read more…]