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Illinois Gov. Pritzker: Indiana Faces ‘Massive Increases in Taxes’ with Proposed Bears Stadium

Illinois Gov. Pritzker: Indiana Faces ‘Massive Increases in Taxes’ with Proposed Bears Stadium

by Phil Hall | Feb 26, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Illinois Gov. JB Pritzker sought to belittle efforts by Indiana lawmakers to lure the Chicago Bears to their state, accusing the state of dumping a new wave of taxes on residents without seeking their approval. TheIllinoize.com reports Pritzker highlighted reports...
NYC Developer Indicted in $10 Million Fraud Scheme Expected to Plead Guilty

NYC Developer Indicted in $10 Million Fraud Scheme Expected to Plead Guilty

by Phil Hall | Feb 26, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Joshua Schuster, a former New York City real estate developer who was indicted last May for conducting a four-year, multimillion-dollar real estate investment scam, is reportedly planning to enter a guilty plea in his case. Hoodline.com reports Schuster is scheduled...
American Express to Build 55-Story HQ at World Trade Center Site

American Express to Build 55-Story HQ at World Trade Center Site

by Phil Hall | Feb 26, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

American Express (NYSE: AXP) has unveiled plans for a new global headquarters at 2 World Trade Center in Lower Manhattan. The building will be developed on land owned by the Port Authority of New York and New Jersey under a long-term ground lease. This marks the final...
Trump Says Tech Companies Pledged to Build Power Plants for Their Data Centers

Trump Says Tech Companies Pledged to Build Power Plants for Their Data Centers

by Phil Hall | Feb 25, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

President Trump announced that his administration has extracted a pledge from the technology companies behind the data center construction surge that they need to provide their own power for these facilities. During last night’s State of the Union address, the...
Report: San Francisco’s Iconic Transamerica Pyramid to Be Sold

Report: San Francisco’s Iconic Transamerica Pyramid to Be Sold

by Phil Hall | Feb 24, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Transamerica Pyramid, one of the most iconic buildings in the San Francisco skyline, is being sold for the second time in six years. The San Francisco Chronicle reports the 48-story property, which occupies a full city block, was sold to Yoda plc, an investment...
Tax Hikes Proposed to Finance Bears Football Stadium in Indiana

Tax Hikes Proposed to Finance Bears Football Stadium in Indiana

by Phil Hall | Feb 24, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

While Indiana lawmakers propose spending $1 billion to build a new domed stadium for the Chicago Bears in the city of Hammond, much of that money would come from a series of tax hikes planned for the area around the potential stadium site. NBC Chicago reports the...
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