Foreclosure crisis hits home on old Philly block
The plight of 109 Elfreth's Alley, on a cobblestone street built in 1702 and visited by 250,000 tourists a year, shows that homes with historic pedigrees are not immune from the foreclosure problem, preservationists say.
"We're subject to the same problems as streets all over America. We have a house in foreclosure, right here," said P. Justin Detwiler, a preservation architect and vice president of the Elfreth's Alley Association, formed by residents in 1934 to buy and renovate homes.
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