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New York

Queens dominates city’s foreclosure filings

From the 2011 Data Book: Despite a dramatic drop in the number of foreclosures in Queens compared to 2009, 1,404 properties were foreclosed on in 2010, more than the number of such homes combined in the city’s four remaining boroughs (see the full foreclosure summary below). Moreover, all but two of the zip codes among the top 15 in foreclosure in New York City were in Brooklyn and Queens. But citywide foreclosures declined in each quarter in 2010, capped off by just 487 foreclosures in the fourth quarter, a 26 percent drop from the 659 filed in the previous three months. Click here or on the link at the top of the page to purchase a copy of The Real Deal’s 2011 Data Book. TRD

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Data Book 2011 P. 48

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Foreclosures