- New York City foreclosures in the five boroughs decreased 9% from May 2008 (313) and increased 8% from April 2009 (263).
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Queens (209) continues to have the highest number of foreclosures among the five boroughs, comprising over 73% of foreclosures in New York City.
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Staten Island had 30 new foreclosures scheduled, 36% lower than both May 2008 and April 2009.
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New foreclosures in the Bronx totaled 17, decreasing 26% from April 2009, and decreasing 15% from May 2008.
- In Brooklyn, new foreclosures increased 62% from April 2009 and were down 62% from May 2008.
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There were 8 new foreclosures in Manhattan in May 2009, 43% less than in May 2008.