A former real estate attorney in the New York’s Westchester County was arrested and charged with one count of grand larceny in the second degree for allegedly stealing his client’s funds. According to the charges brought against him, Brian Schmidt represented a home...
New York City Mayor Eric Adams has announced the historic Roosevelt Hotel will cease to serve as a migrant shelter in June. The Wall Street Journal reports Adams’ administration said plans to close the hotel were being formulated since December, when the number of...
The Securities and Exchange Commission (SEC) has brought new charges against Elchonon “Elie” Schwartz and his New York City-based commercial real estate investment firm Nightingale Properties LLC. Earlier this month, Schwartz pleaded guilty in federal court for...
Goodman Real Estate, a Seattle-headquartered real estate investment company specializing in multifamily and commercial real estate, has acquired Town Deer Valley Apartments, a 388-unit Class A property located in Phoenix, for $131.1 million. The sale was facilitated...
Here’s some potentially bad news for the office property sector: a new survey from FTI Consulting Inc. (NYSE: FCN) found most US workers (70%) who are currently either fully remote or in a hybrid arrangement said they are very likely or somewhat likely to seek another...
A Phil Hall Op-Ed: Silly me, I thought that “Saturday Night Live” was the only stale survivor from distant generations still wasting time and energy on the television schedule. But then I watched Sunday’s segment of “60 Minutes” on the Consumer Financial Protection...
