Money Matters

The Bronx Sees Highest Increase in NYC Foreclosures Over Last Year

In a report issued by real estate research site, PropertyShark, The Bronx has seen the highest increase in foreclosures in the second quarter of 2016 compared to the same time period last year—by 47%.

Leading the Bronx in foreclosures is the 10473 zip code encompassing the neighborhoods of Parkchester, Soundview, and Castle Hill with 24 new foreclosures listed totaling $3,034,143 with an average lien of $379,267.

See how you can help avoid foreclosure.

It’s Illegal For Landlords to Deny Housing For Those Receiving Aid

Bronxites see it all the time: An ad for the perfect apartment which they can afford but then the line that sinks their hopes—”sorry, no Section 8 or programs.”

Many hard working Bronx residents working low wage jobs, qualify for such lifelines like rental assistance to get them by and even those who are unemployed for health reasons too.

But it is illegal, yes illegal, for a landlord to deny housing to someone based on their legal income which includes section 8 programs and the likes.