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Foreclosures Down, Except in Manhattan; EV-iction

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NYC?Property Shark released its 2011 market report and it shows that first-time foreclosures were down 61% year over year, to 996, a level not seen in seven years. Manhattan was the only NYC borough that recorded an increase (28%) in foreclosures during the year. [CurbedWire Inbox]

LOWER EAST SIDE?The multicultural arts group A Gathering of The Tribes was evicted from its home at 285 East Third Street on January 1, after 21 years in the same location. Executive director Steven Cannon says that the circumstances surrounding the ouster are "crazy-crazy-crazy-crazy," and vows to fight back. [CurbedWire Inbox]