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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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A prominent California-based pension fund has announced its intention to allocate significant capital to the non-core real estate sector. The fund is actively seeking an experienced private real...

Elevated investor share drives spike in real estate fraud risk index

February 6, 2026 - 03:41

Elevated investor share drives spike in real estate fraud risk index

The risk of mortgage application fraud escalated sharply in the final quarter of the year, driven significantly by a surge in loans for investment properties and apartment buildings. Industry...

Epique Realty Named 2026 HousingWire Tech100 Real Estate Winner

February 5, 2026 - 04:58

Epique Realty Named 2026 HousingWire Tech100 Real Estate Winner

For the second year running, Epique Realty has been selected as a HousingWire Tech100 Real Estate award winner. The Houston-based brokerage received the 2026 accolade for its continued innovation,...

The Truth About AI and Commercial Real Estate Data  

February 4, 2026 - 04:15

The Truth About AI and Commercial Real Estate Data  

The integration of artificial intelligence into commercial real estate data analysis is fraught with both immense potential and significant pitfalls, according to industry experts. While AI...

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