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Chief of Staff to Former NYC Mayor Adams Indicted in Migrant Housing Bribery Scheme

Chief of Staff to Former NYC Mayor Adams Indicted in Migrant Housing Bribery Scheme

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

Frank Carone, an advisor and chief of staff to New York City’s former Mayor Eric Adams, pleaded not guilty to federal corruption charges related to a bribery scheme involving migrant housing. The Gothamist reports Carone, his brother Anthony Carone, and Chinese...
NYC Mayor Mamdani Backpedals on Promise to Expand Housing Voucher Program

NYC Mayor Mamdani Backpedals on Promise to Expand Housing Voucher Program

by Phil Hall | Jan 30, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New York City Mayor Zohran Mamdani has backpedaled on a major promise of his election campaign by indefinitely delaying the expansion of the city’s housing voucher program. The Gothamist reports Mamdani ran for mayor in 2025 with the pledge to expand eligibility for...
NYC Mayor Mamdani Backpedals on Promise to Expand Housing Voucher Program

Mamdani Focuses on Housing During First Day as NYC Mayor

by Phil Hall | Jan 2, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Zohran Mamdani used his first day as Mayor of New York City to begin implementing parts of his campaign agenda on rental housing. The New York Times reports Mamdani made his first visit as the newly inaugurated mayor to a rent-stabilized building in the Flatbush...
NYC Real Estate Executives Hold Strategy Meeting to Prevent Mamdani Becoming Mayor

NYC Real Estate Executives Hold Strategy Meeting to Prevent Mamdani Becoming Mayor

by Phil Hall | Sep 9, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

A circle of New York City real estate executives is meeting this morning to discuss supporting Andrew Cuomo as the candidate to defeat Zohran Mamdani in the city’s upcoming mayoral election. The New York Times reports Jeff Blau, the developer of Hudson Yards, and his...
Report: White House Offers NYC Mayor Adams a HUD Position if He Drops Re-Election Bid

Report: White House Offers NYC Mayor Adams a HUD Position if He Drops Re-Election Bid

by Phil Hall | Sep 5, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The Trump administration is reportedly planning to offer New York City Mayor Eric Adams a position in the Department of Housing and Urban Development if he drops his re-election campaign. A Politico report sourced from an unnamed “person with direct knowledge of the...
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