New York City first-time foreclosures dropped slightly for the sixth consecutive month in November due to the bank moratorium, according to a foreclosure report by PropertyShark.com released today, but doubled in Manhattan from a year previous, to 16 — the same number as were scheduled in Queens last month.

This is the first time that Manhattan and Queens have reached the same level of first-time foreclosures, the report says. There were only eight first-time foreclosures in Manhattan in November 2010, compared with 16 last month, while there were 70 first-time foreclosures in Queens in November 2010, compared with 16 last month.  – Katherine Clarke [more]