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For sale - and often taken by the lender - is the sign of tough times in Jamaica, near 118th Ave. and Sutphin Blvd., and throughout the borough, as map of 2007 foreclosures indicates.http://www.nydailynews.com/ny_local/queens/2008/02/17/2008-02-17_foreclosures_in_jamaica_now_home_to_squa-4.htmlForeclosures in Jamaica now home to squatters, druggies - making ghost town BY JESS WISLOSKI DAILY NEWS STAFF WRITER Sunday, February 17th 2008, 4:00 AM
...."There were always people going and coming," said Cush, 49, who noted that turnover in ownership of the single-family houses has been common in the 18 years since she and her husband moved to 152nd St. But lately, no "For Sale" signs have been going up when previous owners move out. Then a new neighbor - an illegal squatter - moved in. "He knew it was a foreclosed house," she said and pointed at a smashed upstairs window and scattered debris in the front yard. "He's destroying the place." Even for homeowners who have weathered the subprime mortgage debacle, the epidemic of foreclosures in Jamaica, South Ozone Park and Rochdale has created another major headache.
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