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Small Developers Rehab Historic Properties to Save Them

New York Times

It was the proverbial melting pot, festive, aromatic and polyphonic. There were young hipsters (identifiable by their wool caps and archaic facial hair) and local homesteaders, along with settlers from Myanmar, Bhutan, Pakistan and Africa, to name just a few of the cultures represented at this once-blighted city’s annual auction of foreclosed properties.

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