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New York Real Estate Broker Arrested for Forgery and Identity Theft

New York Real Estate Broker Arrested for Forgery and Identity Theft

by Phil Hall | May 23, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

An upstate New York real estate broker was arrested on multiple charges related to forgery and identity theft. CBS 6 Albany reports Jean Maloney, the owner of 21st Century Properties and Hanks Hollow Realty, was hired by a business in Halfmoon, New York, to manage its...
Penn State to Close 7 Campuses

Penn State to Close 7 Campuses

by Phil Hall | May 23, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The board of trustees at Pennsylvania State University has approved a plan to close seven of its campuses after the spring of the 2026-27 academic year while continuing to invest in the 13 remaining locations. The board voted 25 to 8 to close the DuBois, Fayette, Mont...
Home Sales and Prices Down in Florida

Home Sales and Prices Down in Florida

by Phil Hall | May 22, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Closed sales of existing single-family homes in Florida totaled 23,572 in April, down 4.5% year-over-year, while existing condo-townhouse sales totaled 8,710, down 14.8% over the same period. According to data from Florida Realtors, new listings for existing...
Report: Connecticut’s Severe Housing Shortage Was a Long Time in the Making

Report: Connecticut’s Severe Housing Shortage Was a Long Time in the Making

by Phil Hall | May 22, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Connecticut’s severe lack of housing supply has been a situation several decades in the making, according to a new report from the Connecticut Business and Industry Association (CBIA). The report, titled “The Economic Impact of Connecticut’s Housing Shortage,”...
New York State Records 6.2% Drop in Home Sales

New York State Records 6.2% Drop in Home Sales

by Phil Hall | May 22, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Closed sales of homes in New York State totaled 6,968 last month, a 6.2% decline from the 7,428 homes sold in April 2024. According to data from the New York State Association of Realtors, pending sales inched up to 9,565 sales in April from 9,471 recorded on year...
OpenAI to Build 1-Gigawatt AI Data Center in Abu Dhabi

OpenAI to Build 1-Gigawatt AI Data Center in Abu Dhabi

by Phil Hall | May 22, 2025 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

OpenAI is partnering with the United Arab Emirates (UAE) firm G42 to construct a 1-gigawatt artificial intelligence (AI) data center in Abu Dhabi. The new project, dubbed Stargate UAE, will be OpenAI’s first data center project outside of the United States. The first...
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