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The purpose of federal bankruptcy legislation, sometimes known as Title 11 of the United States Code or the “Bankruptcy Code,” is to provide an opportunity for financial reorganization or a fresh start for legitimate debtors who are unable to fulfill their obligations.
Foreclosure Solutions
As you are undoubtedly aware, many homeowners are in arrears on their mortgages as a result of the 2020 recession brought on by the coronavirus. At first, most lenders had been understanding and would have granted a brief suspension of the late payments.
Debt Negotiations & Settlements
Clients regularly hire the Law Office of Ronald D. Weiss, P.C. to represent them in negotiations with banks, mortgage holders, credit card issuers, auto financing providers, landlords, tax authorities, and other creditors.
Mortgage Loan Modifications
The most common strategy used by our firm to prevent a house in severe mortgage arrears from going into foreclosure is a mortgage modification. Mortgage modification and other potential Retention Options are the potential goals of most homeowners in foreclosure because most people experiencing serious hardships with their mortgages are looking for “Retention Options
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Debtor Litigation Defense

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Distressed Real Estate

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Tax Debt Solutions


Park Slope was originally inhabited by the Lenape before European settlement in the 17th century. During the early 19th century, the area consisted mostly of farms and woods, but it was later subdivided into rectangular parcels. The western section of the neighborhood began to be developed in the mid-19th century, owing to its proximity to the industrial Gowanus Canal and ferries. Subsequently, numerous mansions and rowhouses were constructed in Park Slope’s eastern section during the 1880s.
In the mid-20th century, Park Slope experienced social and infrastructural decline, but it underwent renovation and gentrification starting in the 1960s. Today, much of the neighborhood falls within the Park Slope Historic District, encompassing both a National Historic District and a New York City landmark district.

Though modern-day Brooklyn encompasses Kings County, it was not always this way. South Brooklyn, situated in central Kings County and extending to the former Brooklyn city line near the southern border of Green-Wood Cemetery, was originally inhabited by the Canarsee Indians, one of several indigenous Lenape peoples who engaged in farming and hunting on the land. The Lenape typically resided in wigwams and established larger fishing and hunting communities near freshwater sites on elevated terrain. Numerous Lenape roads traversed the landscape, which were later expanded into “ferry roads” by 17th-century Dutch settlers to facilitate transportation to the waterfront. Among these roads was the Flatbush Road, running approximately north–south to the east of present-day Flatbush Avenue, and the Jamaica Road, located just north of modern-day Park Slope and extending east to Jamaica, Queens, along what is now Fulton Street.
The first European settlement in the area occurred between 1637 and 1639 when Willem Kieft, the director of the Dutch West India Company, acquired nearly all the land in present-day Brooklyn and Queens. Over the subsequent two centuries, the area was predominantly utilized for farmland.
19th century
During the 1880s and 1890s, many grand Victorian mansions were constructed along Prospect Park West, a stretch famously referred to as the Gold Coast, to capitalize on the picturesque views of the park. Initially, the neighborhood went by various colloquial names such as “Prospect Heights” (later assigned to the area north of Prospect Park), “Prospect Hill”, and “Park Hill Side”, before residents ultimately settled on the name Park Slope.
With the opening of the Brooklyn Bridge in 1883, Park Slope experienced a surge in growth, as subsequent construction of brick and brownstone buildings expanded the neighborhood’s boundaries. The 1890 census indicated that Park Slope was the wealthiest community in the United States. Realtors and community members attributed this prosperity to the neighborhood’s serene setting and quality of life. As described by the New York Tribune in 1899, “Nature placed the park in its current location, and man has enhanced her efforts by creating expansive lawns and artificial lakes, assembling menageries, constructing conservatories, developing roads and driveways, and undertaking various initiatives to transform the area into a delightful recreational area and a charming retreat.”
20th century to present
Following Brooklyn’s incorporation into the City of Greater New York in 1898 and intensifying during the 1910s, affluent and upper-middle-class families began to depart for suburban living. Initially, they relocated to outlying Brooklyn and Queens neighborhoods like nearby Flatbush, and later ventured to more distant areas in Westchester County, Nassau County, and New Jersey, facilitated by the rise of automobiles. Manhattan gained increasing economic and cultural dominance within the consolidated city, aided by transportation enhancements such as the subway, which brought a more diverse population to Brooklyn. Existing families adapted by moving to exclusive districts in other boroughs, notably the Upper East Side. Consequently, Park Slope gradually transformed into a more working-class neighborhood as the expansive Victorian-era homes were subdivided into apartments and rooming houses.
These socioeconomic shifts were somewhat slowed by the ongoing construction of upscale apartment buildings on Prospect Park West and Plaza Street, as well as the development of middle-class housing throughout the neighborhood. However, only a portion of the area, primarily centered in the traditional Gold Coast district and adjacent blocks, retained affluent and upper-middle-class residents into the 1940s. One notable development, the Emery Roth-designed 35 Prospect Park West, intended to rival upscale Manhattan residences, opened in 1929 just before the Great Depression. While initially attracting wealthy tenants, it failed to catalyze similar upscale developments in the neighborhood.
By the 1950s, the neighborhood was predominantly inhabited by working-class Italian-American and Irish-American populations. However, demographic shifts occurred in the 1970s as the black and Latino population increased, and white ethnic residents began to relocate amid the postwar suburbanization trend. Additionally, the area near Flatbush and Washington Avenues between Prospect Park and Atlantic Avenue began to attract a population mainly composed of African-American and West Indian-American residents, leading to the emergence of Prospect Heights as a distinct neighborhood.
However, not all residents welcomed these demographic changes. Instances of racial tension and violence occurred, such as attempts to exclude African-Americans from participating in after-school programs and incidents of street fights between different ethnic groups. These events reflected broader social tensions and challenges during this period of demographic transition in Park Slope.
On December 16, 1960, a tragic event unfolded above Staten Island when two airliners collided, resulting in the deaths of 134 individuals in what was then the deadliest aviation disaster in the United States. One of the planes involved, a Douglas DC-8 operated by United Airlines, managed to stay airborne briefly before crashing near the intersection of Sterling Place and Seventh Avenue. Tragically, all occupants on board perished, with the exception of an 11-year-old boy named Stephen Baltz, who passed away the following night at New York Methodist Hospital. Additionally, six individuals on the ground lost their lives in the incident.
During the late 1960s and early 1970s, a significant transformation took place in the neighborhood, catalyzed by the renovation of a brownstone along Berkeley Place, which cost approximately $4.8 million. This renovation initiative sparked a trend that led to the restoration of other brownstones in the area, gradually diminishing the neighborhood’s gritty reputation. Young professionals seized the opportunity to purchase and renovate these brownstones, which were relatively affordable at the time, typically priced between $15,000 and $35,000. Many of these properties were converted from rooming houses into single or two-family homes.
The efforts of preservationists played a crucial role in securing landmark status for numerous blocks featuring historic row houses, brownstones, and various architectural styles such as Queen Anne, Renaissance Revival, and Romanesque mansions. Following the establishment of the landmark district primarily above 7th Avenue in 1973, the pace of gentrification accelerated significantly. Throughout the 1970s, the neighborhood experienced an influx of young professional couples seeking to establish roots in this revitalized and historically rich community.

Towards the western edge of Park Slope, adjacent to the Gowanus Canal, lies a light industrial district. This area serves as a hub for industrial activities within the neighborhood. Additionally, the segment of Seventh Avenue situated south of Ninth Street is predominantly zoned for low-density commercial purposes, contributing to the varied urban landscape of Park Slope.
Official landmarks
Much of Park Slope falls within the boundaries of the Park Slope Historic District, which earned a spot on the National Register of Historic Places in 1980. Recognized by the city’s Landmarks Preservation Commission in 1973, this historic district has seen expansions over the years, with extensions to the south in 2012 and to the north in 2016. Encompassing 2,575 buildings, this designated area preserves the architectural heritage and character of the neighborhood, making it a significant landmark neighborhood in New York City.

Breaking down the racial composition, the neighborhood comprised 67.3% (45,529) White, 6.4% (4,334) African American, 0.1% (77) Native American, 6% (4,056) Asian, 0% (19) Pacific Islander, 0.5% (318) from other races, and 3% (2,053) from two or more races. Hispanic or Latino individuals of any race constituted 16.6% (11,263) of the population.
Community Board 6, encompassing areas around Park Slope and Carroll Gardens, tallied a population of 109,351 according to NYC Health’s 2018 Community Health Profile, with an average life expectancy of 81.4 years, slightly exceeding the median life expectancy of 81.2 for all neighborhoods in New York City. The demographic breakdown showed a majority of middle-aged adults and youth, with 18% aged 0-17, 46% between 25 and 44, and 20% between 45 and 64. The proportion of college-aged and elderly residents was lower, at 5% and 10% respectively.
As for economic indicators, the median household income in Community District 6 was recorded at $134,804 in 2016. In 2018, approximately 10% of Park Slope and Carroll Gardens residents lived in poverty, compared to 21% across Brooklyn and 20% citywide. Unemployment rates were lower, with only 6% of residents unemployed, contrasting with 9% elsewhere in Brooklyn and New York City. Rent burden, indicating the percentage of residents struggling to pay rent, stood at 37% in Park Slope and Carroll Gardens, below the citywide and boroughwide rates of 52% and 51% respectively. Consequently, as of 2018, Park Slope and Carroll Gardens were classified as high-income areas not experiencing gentrification.

As of 2018, the neighborhood’s rate of non-fatal assaults stood at 30 per 100,000 people, indicating a lower rate of violent crimes per capita compared to the city overall. Moreover, the incarceration rate of 294 per 100,000 people in Park Slope and Carroll Gardens is also lower than that of the entire city.
As of 2018, Park Slope and Carroll Gardens have lower rates of preterm births and births to teenage mothers compared to citywide averages. Specifically, there were 27 preterm births per 1,000 live births (compared to 87 per 1,000 citywide), and 7.9 births to teenage mothers per 1,000 live births (compared to 19.3 per 1,000 citywide).
However, there is a relatively high population of uninsured residents or those receiving healthcare through Medicaid, estimated at 22%, which is higher than the citywide rate of 12%. The concentration of fine particulate matter, the deadliest type of air pollutant, is also slightly higher in Park Slope and Carroll Gardens compared to citywide and boroughwide averages.
Fifteen percent of residents in the area are smokers, slightly higher than the city average of 14%, and 15% of residents are obese, with 6% being diabetic and 22% having high blood pressure—these rates are generally lower than citywide averages. Additionally, 9% of children are obese, which is lower than the citywide average of 20%.
Park Slope is served by two ZIP Codes: 11217 north of Union Street and 11215 south of Union Street. The United States Post Office operates three locations nearby:Prospect Park West Station is located at 225 Prospect Park West.
Park Slope has consistently earned recognition for its desirable qualities. In 2010, New York Magazine ranked it as the number one neighborhood in New York City, highlighting its excellent public schools, vibrant dining scene, lively nightlife, diverse shopping options, convenient access to public transportation, ample green spaces, reputation for safety, and thriving creative community. Additionally, the American Planning Association recognized Park Slope as one of the “Greatest Neighborhoods in America” in 2007, applauding its rich architectural heritage, historical significance, diverse population, and vibrant business community, all supported by active citizen engagement. Moreover, Natural Home magazine named Park Slope one of America’s top ten neighborhoods in December 2006, praising its abundance of parks and green spaces, vibrant community life, commitment to local businesses and sustainability, and progressive social and environmental policies.

Schools
Public schools
Public schools in Park Slope are under the jurisdiction of the New York City Department of Education. The neighborhood falls within two different community school districts: district 13 to the north and district 15 to the south. Students are assigned to their nearest elementary school based on zoning. For middle school placement, both district 13 and district 15 consider students’ preferences for acceptable middle schools. Interestingly, the district 13 portion of Park Slope receives middle school options from district 15 rather than district 13, aligning with the broader neighborhood’s arrangement.
Formerly known as John Jay High School, the John Jay Educational Campus has transformed into a hub accommodating three high schools and one combination middle/high school.
Libraries
The Park Slope branch of the Brooklyn Public Library is situated at 431 Sixth Avenue. Originally constructed in 1906, it served as a Carnegie library branch and was initially named the “Prospect branch” until 1975. Additionally, the Brooklyn Central Library is positioned across Grand Army Plaza from the northeast corner of Park Slope.

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