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The City Council approved, by a 6-2 vote with one abstention and one absence, a resolution to proceed with a public hearing on requiring repair or demolition of the unsafe building at 555 South Exchange Street. The council also unanimously authorized a New York Main Street grant application for renovations at 1 Railroad Place and scheduled public hearings for 2026 community development funding and the possible sale of Maryland Street parcels.
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The action on 555 South Exchange Street starts the formal process for addressing a building the city has determined is dangerous or unsafe after the owner failed to submit a repair or removal plan. The council is seeking grant funding for improvements at 1 Railroad Place, but approval of the application does not mean funding has been awarded. Residents will have opportunities to comment on 2026 Community Development Block Grant applications on July 21, 2026, and the proposed sale of Maryland Street parcels on August 5, 2026.
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