Some interesting findings from a new report on Washington Heights/Inwood issued by New York State Comptroller Thomas DiNapoli: 1) From 2000 to 2006, the number of businesses grew to 2,719 - a 10 percent rate of growth which was spread across all types of businesses. 2) Subprime mortgages have not been a major problem in Washington Heights and Inwood. More than 90 percent of neighborhood residents are renters and the percent of subprime mortgages in 2007 (2.7 percent) was well below the citywide average of 12.9 percent. 3) Between 1995 and 2007, crime in the two neighborhoods declined by 61.7 percent, slightly exceeding the rates of decline both citywide and in Manhattan as a whole. [Empire State News]
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