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.
August 19, 2026 - 08:45
Kimco sells Pentagon Centre high-rise for $211 millionA major property sale just closed in the Pentagon City area, with Kimco Realty unloading a high-rise residential building for $211 million. The transaction, completed this week, marks another...
August 18, 2026 - 22:48
Young professionals making their mark: Rising stars of Merrick real estateA fresh wave of energy is hitting the Merrick property scene, and two young agents are leading the charge. Jake Sakin and Sarah DaSilva, both relatively new to the field, are quickly gaining a...
August 18, 2026 - 08:42
Homebuilder seeks approval for 16-home subdivision with smaller lots, home sizesA local homebuilder is moving forward with plans for a new 16-home subdivision in south St. Louis County, trading the typical oversized lots and sprawling floor plans for a more compact,...
August 18, 2026 - 04:34
Interest rate uncertainty, Iran conflict cloud commercial real estate outlookA new report from CBRE suggests that the commercial real estate sector is bracing for a more turbulent second half of the year. The firm`s latest cap rate survey shows a notable shift in sentiment,...