BUSINESS

1 In 4 Homes In Working Class Area Of Queens In Foreclosure

11/18/2008 05:12 am ET | Updated May 25, 2011

At times, this stretch of 118th Avenue in South Jamaica, Queens, feels not so much like a neighborhood but a memory of one.

A red-brick house with overgrown weeds in the yard is boarded shut. A house with a dirty awning has a thick chain looping out from a hole in the door where a deadbolt once was. On the front window of a vacant property around the corner, someone has taped a sign warning that the water supply has been shut off and antifreeze added to the sinks and toilets.

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