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Former NYC Developer Joshua Schuster Sentenced for Defrauding Investors

Former NYC Developer Joshua Schuster Sentenced for Defrauding Investors

by Phil Hall | Aug 12, 2026 | Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Joshua Schuster, a former New York City real estate developer, was sentenced to four years in prison for his role in a scheme to defraud investors in large real estate development projects. According to the charges brought against him, between 2018 and 2022 Schuster...
NYC Accountant Indicted in Connection to Real Estate Investment Fraud Schemes

NYC Accountant Indicted in Connection to Real Estate Investment Fraud Schemes

by Phil Hall | Aug 11, 2026 | Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

A New York City accountant was indicted on wire fraud and bankruptcy fraud charges in connection with multiple real estate investment fraud schemes. According to court documents, Alberto Gomez is an accountant in the Elmhurst section of Queens. Gomez conducted schemes...
Trump Threatens Federal Intervention to Stop Mamdani’s Pied-à-Terre Tax

Trump Threatens Federal Intervention to Stop Mamdani’s Pied-à-Terre Tax

by Phil Hall | Aug 11, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

President Trump has inserted himself into the controversy surrounding New York City’s pied-à-terre tax, declaring that he will review if the federal government can stop the tax from going into effect. The tax is designed to target the owners of luxury second homes –...
Judge Blocks Rollout of NYC Mayor Mamdani’s Pied-à-Terre Tax

Judge Blocks Rollout of NYC Mayor Mamdani’s Pied-à-Terre Tax

by Phil Hall | Aug 10, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New York City Mayor Zohran Mamdani’s pied-à-terre tax has been blocked by a Staten Island judge following a lawsuit filed by homeowners who alleged the tax rollout was improperly handled. The tax is designed to target the owners of luxury second homes – condominiums...
Hits and Misses for the Real Estate Week of Aug. 3-7

Hits and Misses for the Real Estate Week of Aug. 3-7

by Phil Hall | Aug 7, 2026 | Current News & Events, Hits and Misses, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new wave of knockabout from Bill Pulte and Zohran Mamdani (yes, them again), an unpleasant boss leaves his corner office, and a bright group of college students dive into real estate investing. From the wild and wooly world of real estate, here are our Hits and...
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