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 19, 2026 - 08:28
Real Estate Giant Eyes Blockchain Tokenization, Cites Regulatory HurdlesA major player in the global real estate investment sector has announced its readiness to embrace asset tokenization, though it claims U.S. regulations are currently preventing progress. Barry...
February 18, 2026 - 23:39
On Michigan’s Other Coast, Home Buyers Are Getting More Bang for Their BuckAs waterfront property prices on Lake Michigan continue to climb, a significant shift is underway. Discerning buyers are now looking east, finding greater opportunity and more spacious homes along...
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...