Finding Silver Lining in City Foreclosure Numbers

Los Angeles had 17 times New York City’s number of new residential foreclosures in May, according to a new report from research site PropertyShark. The nation’s second-largest city had 5,308 new foreclosures in May, compared with 313 in New York.

The report defined a new foreclosure as a property scheduled for a foreclosure auction Read More

The Local: L.A., We Love It!

Mocking Los Angeles is a time-honored pastime for New Yorkers. We cling to the L.A. that Woody Allen imagined in Annie Hall: a culturally barren land of liposuction and libidos, a crass, one-industry town full of phonies. Sure, the weather is better on the West Coast, we tell ourselves as we trudge the city’s sidewalks Read More