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.
May 19, 2026 - 01:47
GMW Real Estate Report: May 8-15, 2026 — Three Homes and One Commercial Property Change HandsFour properties in Wilton changed hands during the week of May 8 through May 15, according to the latest GMW Real Estate Report. The transactions included three residential homes and one commercial...
May 18, 2026 - 23:16
CPP expands direct playbook with first European real estate co-investmentCanada Pension Plan Investment Board has entered the European real estate market through a new co-investment model, acquiring a minority stake in Blackstone`s French logistics platform known as...
May 18, 2026 - 03:09
Redwood Crest Expands Investor Education Efforts Around Passive Multifamily Real Estate Investing for High-Earning ProfessionalsSAN FRANCISCO, CALIFORNIA - May 17, 2026 - Redwood Crest, a private real estate investment firm specializing in passive multifamily assets, has announced an expanded initiative to educate...
May 17, 2026 - 04:51
Real estate stocks edge down as Treasury yields surge, borrowing costs riseReal estate stocks took a hit this week as a sharp rise in Treasury yields pushed borrowing costs higher, weighing on the sector. The S&P 500 Real Estate Index Sector fell 2.59 percent, closing at...