January 11, 2025 - 11:43

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.
February 18, 2026 - 04:02
Josh Brown's "Best Stocks in the Market:" Real EstateProminent investment strategist Josh Brown of Ritholtz Wealth Management recently made a compelling case for the real estate sector, identifying it as a key area of opportunity for investors....
February 17, 2026 - 00:36
Real Estate Rebound? The 3X Play for Investors Betting on a Commercial Property PivotInvestors with a strong appetite for risk are eyeing a dramatic, high-stakes play on a potential turnaround in the beleaguered commercial real estate sector. The strategy centers on a specialized...
February 16, 2026 - 11:13
All-Cash Home Purchases Hit Five-Year Seasonal LowThe share of homebuyers purchasing properties entirely with cash fell to a five-year low at the close of 2025, signaling a significant shift in buyer behavior as financing costs eased. Data from...
February 15, 2026 - 22:56
Property of the week: New contemporary Colonial construction in ‘location of a lifetime’A stunning new property seamlessly blends contemporary elegance with timeless Colonial architecture, creating what is being hailed as a once-in-a-generation opportunity. This newly constructed...