Harlem's Real Estate Bubble Bursts

08/08/2009 05:12 am ET | Updated May 25, 2011

Of all the New York City neighborhoods swept up in the real estate boom of the last decade, few became as hot as Harlem. It grew increasingly gentrified and integrated. Its economy developed a lively pulse, and its town homes -- stately, historic, but often neglected -- fetched prices unheard-of for the area. But all that's changed now.

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