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Bronx Foreclosures Surge Amid Tax Liens | New York City News
Foreclosures in The Bronx are surging—nearly doubling from 57 to 109 cases last year—with Williamsbridge hit hardest. Amid the city’s overall decline in foreclosures, The Bronx’s alarmingly low homeownership rate (just 20%) makes this crisis especially dire. A backlog of pandemic-era cases, soaring living costs, and the end of federal aid are fueling the storm. Compounding the problem: tax liens, though not directly causing all recent foreclosures, have been aggressively sold, leaving thousands at risk. City officials are now reviewing these sales—a practice long criticized as predatory and…
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