New York: A large number of New Yorkers will gather outside the Kings County Supreme Court on Thursday afternoon to raise awareness of the foreclosure auctions that take place there each week. The Occupy Wall Street movement has announced an agenda to raise awareness of the foreclosure auctions. Every week in New York City, in all five boroughs, homes are put up for auction and sale. Speculators purchase homes at discounted rates and flip them. Banks buy back homes to balance their books, evicting the homeowners and letting the homes lie vacant.
Occupy Wall Street and Organizing for Occupation (the group that led the eviction blockade at Mary Lee Ward’s Bed-Stuy home on August 19) have teamed up to raise awareness about these auctions and to hold Wall Street accountable for the foreclosure crisis.
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