NY S07765

Establishes procedures for appointing a receiver to rehabilitate abandoned and neglected historic properties in Buffalo through the city's housing court.

Defines "abandoned property" as a building vacant for 12+ months where the owner has not actively marketed it for sale, with the court finding at least 3 of 9 specified conditions of blight or disrepair.

Grants receivers broad powers to take possession, rehabilitate buildings, borrow funds, collect rents, and sell properties, with costs recovered through a lien against the property and proceeds distributed according to a priority hierarchy.

Requires receivers to consult with Buffalo's preservation board for historic properties and comply with historic preservation standards when rehabilitating or demolishing buildings in historic districts.

Takes effect 90 days after becoming law and does not apply to federal housing properties or properties of military service members who vacated for active duty.