Friday, April 3, 2009
Manhattan Map (L), Queens (R).....Maps Courtesy of Property Shark
A special thanks to curbed.com for waking me up to the latest foreclosure report.
As has been the case over the course of this housing crisis, the foreclosure wave has continued to leave Manhattan virtually untouched. Foreclosure filings in Manhattan dropped 26% from the same quarter last year- from 23 to 17. Of the 17, only 3 were below 110th Street, and there were none on the Upper East or Upper West Sides.
In Queens, which leads NYC with 577 foreclosures (up 15% year over year), the carnage is confined to Central and Eastern parts of the borough. Long Island City, for instance had zero foreclosure filings.
Quarter 1 Foreclosure Report: Brooklyn Plummets, Bronx Pops (Curbed)
Property Shark Foreclosure Report (Property Shark)