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Brooklyn Real Estate Tycoon Admits Guilt in Campaign Finance Scandal Tied to Mayor Eric Adams

January 11, 2025 - 11:43

Brooklyn Real Estate Tycoon Admits Guilt in Campaign Finance Scandal Tied to Mayor Eric Adams

Erden Arkan, a prominent figure in Brooklyn's real estate scene, entered a guilty plea on Friday to a conspiracy charge connected to a campaign finance scheme. The allegations state that Arkan collaborated with a Turkish government official to illegally channel contributions to the campaign of Mayor Eric Adams. This case has drawn significant attention, highlighting concerns about foreign influence in local elections and the integrity of campaign financing.

The plea marks a significant development in an ongoing investigation into the practices surrounding campaign contributions in New York City. Arkan's involvement raises questions about the extent of foreign involvement in domestic political campaigns and the potential ramifications for elected officials. As the legal proceedings continue, the fallout from this case may lead to increased scrutiny of campaign finance laws and the enforcement of regulations designed to prevent illicit contributions. The implications of this scandal could resonate throughout the political landscape as calls for reform gain momentum.


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Exclusive | An Off-the-Grid Compound on Lake Tahoe Hits the Market for $18 Million

May 27, 2026 - 01:28

Exclusive | An Off-the-Grid Compound on Lake Tahoe Hits the Market for $18 Million

A rare piece of Lake Tahoe waterfront has come up for sale, offering a level of privacy that is almost impossible to find on the popular alpine lake. Listed for $18 million, the property is a true...

Chicago-area home listings to return to Zillow after federal judge ruling

May 26, 2026 - 18:12

Chicago-area home listings to return to Zillow after federal judge ruling

Thousands of Chicago-area home listings are set to return to major real estate websites like Zillow after a federal judge issued a ruling that reverses a recent shutdown. The listings had been...

Vancouver Real Estate Update: Office Show Suites and City Policy Shifts

May 26, 2026 - 04:41

Vancouver Real Estate Update: Office Show Suites and City Policy Shifts

A closer look at the trend driving my latest reporting for The Globe and Mail. This month I focused on the rise of office show suites, where developers finish out spaces before signing tenants,...

S.F. ‘BUILD Act’ is a big tax cut for the wealthy. Let’s just be honest about it.

May 25, 2026 - 13:32

S.F. ‘BUILD Act’ is a big tax cut for the wealthy. Let’s just be honest about it.

Is the proposal to slash taxes on large real-estate transactions a bad idea? Not necessarily. Are its backers being honest about what it does? Not necessarily. The so-called BUILD Act, which would...

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