Foreclosures in Brooklyn More Than Doubled Last Year — Many Were in One Building
The borough saw a 66 percent increase in foreclosures last year, with the majority of the auctions scheduled in the last two quarters.
Brooklyn Sees Biggest Increase in Foreclosures Citywide as Rates Climb to Pre-Moratorium Levels
The number of foreclosures in Brooklyn has climbed back to levels seen before the pandemic-generated eviction moratorium was put in place in early 2020.
Oosten Sponsor Units for Sale in Foreclosure Auction
The remaining sponsor properties at the otherwise swank Oosten in south Williamsburg are heading to a foreclosure auction later this month.
Bed Stuy Family Watches as Possessions Thrown in Trash, Locks Changed in Alleged Deed Theft Case
Salvanita and Moses Foster have been fighting in court for more than a decade to reclaim ownership of two Bed Stuy homes they said were taken from them through deed fraud.
Attorney General Sues Bay Ridge Landlord Over Alleged Defrauding of Tenants
New York Attorney General Letitia James is suing a Bay Ridge landlord who allegedly defrauded his tenants and made off with millions of dollars, leaving them devoid of their life savings and at risk of homelessness.
Foreclosure Sale of Bay Ridge Building Paused After Alleged Landlord Fraud
A bankruptcy claim has temporarily paused a foreclosure sale that would put dozens of tenants in a Bay Ridge apartment building at risk of eviction after their landlord allegedly defrauded them out of hundreds of thousands of dollars.
As Covid Protections End, Brooklyn Foreclosures and Homelessness Poised to Grow
As homeowners struggle to recover from a loss of work or income brought on by the Covid-19 pandemic, mortgage default rates could be nearing, or even overtaking, those seen after the 2008 financial crisis.
Storied Hotel Bossert Where Dodgers Partied Faces Foreclosure in Brooklyn Heights
Long promised to reopen as a luxury hotel, the property may be sold, Wells Fargo said in a filing last month.
Legal Aid: What Homeowners Need to Know About Mortgages and Foreclosure During COVID-19 Crisis
The Legal Aid Society warns of scammers preying on homeowners during the coronavirus crisis and explains what to do if you are having trouble paying your mortgage.
BP Adams Holds Homeowner Forum on Avoiding Mortgage Scams
Borough President Adams and Attorney General Schneiderman held a Brooklyn homeowners forum last Tuesday, October 13, to educate communities on deed theft and mortgage scams.