Breakdown of Foreclosures in the Greater New York City Area

Outstanding foreclosures across New York City and the surrounding counties vary because of employment, income, access to transportation and other factors. Based on current Zillow data the number of foreclosure is highest in Suffolk county at a total of 1,154 with 503 of the properties listed for sale. The remaining 651 properties are marked in foreclosure on Zillow but not listed currently for sale. Information on foreclosures are typically available from county records. Union and Middlesex have the highest number of foreclosures in New Jersey (in the NYC region) with 678 and 664 respectively. Looking at the data on a map we see low numbers in New York County at 5, Kings County (Brooklyn) at

Qualified Opportunity Zones Map

Qualified Opportunity Zones are areas designated by the US Department of the Treasury that are economically distressed and may be eligible for preferential tax treatment. There are 8,762 zones in all and they were created as part of the Tax Cuts and Jobs Act of Decmeber 2017. The purpose of the zones is to spur economic development and job creation in distressed communities. A shape file containing the zones was made available on Community Development Financial Institutions Fund website and the details are presented below. Investors can defer tax on any prior gains invested in a Qualified Opportunity Fund (QOF) until the earlier of the date on which the investment in a QOF is sold or exchan

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