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New York City Squatters In The 1990s: Before The Fall

By Paul Sorene  |  Flashbak “In the 1970s, a massive downturn famously brought New York City close to bankruptcy. Landlords failed to pay property taxes and abandoned their buildings, even some still occupied by tenants. Some owners took further measures and burned buildings for insurance payouts. Empty lots quickly turned into homeless encampments and drug use and crime rates soared.” — Ash Thayer in […]