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NYC targets deed theft as seniors and Black homeowners face scams
New York City created a Deed Theft Prevention Office and is building on programs like the Homeowner Protection Program to help residents identify, prevent, and respond to theft attempts.
Deed theft is disproportionately targeting older adults and Black homeowners, leaving those groups, who often hold significant property equity, at greater risk from real estate and title related scams, HousingWire reports.
HousingWire, citing Scott Kohanowski of the Center for NYC Neighborhoods, points to systemic factors including diminishing capacity among seniors, limited access to legal resources, and historical redlining that can make residents more vulnerable and slow effective intervention.
The attorney says real estate thefts have long existed but are receiving more attention, particularly in New York, where public resources and support from the state attorney general help identify scams and raise awareness.
New York City recently established a Deed Theft Prevention Office, with HousingWire noting it builds on community efforts such as the Homeowner Protection Program that aims to help residents spot red flags and respond before they lose their homes.