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Resource ID: #9025
Subject: Housing
Source: City Limits (New York)



City Limits (New York) establishes a connection between unscrupulous real estate speculators, horrific housing conditions in New York's slums, and the city's real estate market condition; followed seven landlords who had failed to maintain their buildings in livable conditions, even as they tried to charge tenants illegally high rents or evade prosecution for housing code violations; most of the landlords were deep in debt because they had mortgaged the structures in the 1980s for unrealistic sums, March 1992.

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