A Short History of Redlining in Albany, Part I

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No Down Payment

Reading in the New York Times yesterday about exploitative contracts for deeds to dilapidated houses in places like Akron, Ohio, we were reminded of a similar practice once prevalent in Albany. As in Akron, the seller was a corporation with considerable legal expertise—the firm of Sidney Albert & Irving Kirsch, now Tri-City Rentals. The buyers…