The Real Deal New York

From the September issue: While New York City’s suburbs have been spared the astronomical foreclosure rates that have hammered the rest of the country, some of the counties surrounding the five boroughs have seen serious spikes in the last year, changing the real estate landscape for both buyers and sellers. In fact, Westchester Country — one of the wealthiest counties in the tri-state area and home to high-profile residents like Bill and Hillary Clinton — recorded one of the biggest foreclosure increases in the region. Well-to-do Fairfield County, Conn., saw a significant jump as well.