Yesterday, with the help of housing activists and Occupy Wall Street protesters, a homeless New York family with two children took possession of a Bank of America-owned property at 702 Vermont Street in East New York.
According to community residents, the home, which had been foreclosed upon and remained vacant for over three years, was maintained by a neighbor and served as a place for other homeless New Yorkers to seek shelter from the elements. A march through the community intending to shine a spotlight on the staggering foreclosure rates in East New York—nearly five times the statewide average—culminated on Vermont Street with housewarming party held in honor of the family.
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