The city’s Blighted Property Review Committee on Thursday received an update on a Water Street commercial property.

Scott Taylor, the city’s zoning and enforcement official, said he spoke with the owner of 104 Water St. on Monday.

“He has been in contact with me,” Taylor said, noting that the owner lives in Bermuda. “He is ready to get things started.”

He told the committee that efforts were underway to empty the place out; that, however, uncovered “structural issues in the basement with the support beam, posts rotting out.” The owner, he added, is also set to replace the windows.

Taylor said he asks property owners to do 60% of their work on the outside and 40% on the inside for “neighborhood perception, and the community can see that.”

He said he told the owner the project could take two years, and as long as he sees “steady progress,” he is “more than willing to work with him on that.” His ask was to keep the property in a “holding pattern” where the blight process is concerned.

The property at 516 Prospect St. was removed from the blight list while action was tabled against 209 Jackson Ave. until July. Taylor said the owner is a merchant marine and has laid out plans for repairs to be undertaken in the coming weeks.