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Brooklyn Condo Developer Ordered to Pay $6 Million to Defrauded Buyers

Brooklyn Condo Developer Ordered to Pay $6 Million to Defrauded Buyers

by Phil Hall | Sep 8, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

A Brooklyn condominium developer is being forces to provide more than $6 million in restitution and purchase credits to buyers who made down payments but never received their properties or their money back for years. An investigation by the Office of the New York...
Brooklyn Condo Developer Ordered to Pay $6 Million to Defrauded Buyers

Deed Theft Fraudster Convicted of Stealing 2 Harlem Brownstones Worth Nearly $5 Million

by Phil Hall | Jul 2, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

A New York man who used deed theft to take over two Harlem brownstones with a combined value of $4.7 million was convicted after a seven-week trial. Joseph Makhani was found guilty of two counts of Criminal Possession of Stolen Property in the First Degree and one...
Report: NY Attorney General Investigating Compass Over Potential Antitrust Issues

Report: NY Attorney General Investigating Compass Over Potential Antitrust Issues

by Phil Hall | Jun 3, 2026 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

New York Attorney General Letitia James is reportedly conducting an investigation of Compass International Holdings (NYSE: COMP) regarding its dominance in the state’s real estate market. The Real Deal first reported the probe by the antitrust division of James’...
Hits and Misses for the Real Estate Week of March 23-27

Hits and Misses for the Real Estate Week of March 23-27

by Phil Hall | Mar 27, 2026 | Commercial Real Estate News, Hits and Misses, Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates on the rise, Habitat for Humanity turns 50, and a new TV series to help seniors consider housing options. From the wild and wooly world of real estate, here are our Hits and Misses for the week of March 23-27. Miss: Going Right in the Wrong Direction....
FHFA’s Pulte Files New Criminal Referrals Against NY AG Letitia James

FHFA’s Pulte Files New Criminal Referrals Against NY AG Letitia James

by Phil Hall | Mar 26, 2026 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

Federal Housing Finance Agency (FHFA) Director Bill Pulte has filed new criminal referrals accusing New York Attorney General Letitia James of mortgage fraud. CBS News reports Pulte sent a letter to Florida prosecutors claiming James could have submitted false...
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