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NYC Real Estate Developer Indicted for Defrauding Investors

NYC Real Estate Developer Indicted for Defrauding Investors

by Phil Hall | May 9, 2025 | Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Joshua Schuster, a former New York City real estate developer, has been indicted for conducting a four-year, multimillion-dollar real estate investment scam. According to the charges, between 2018 and 2022 Schuster and his real estate development business Silverback...
Rosie O’Donnell Departed for Ireland While Selling Her NYC Penthouse at $3.25 Million Loss

Rosie O’Donnell Departed for Ireland While Selling Her NYC Penthouse at $3.25 Million Loss

by Phil Hall | May 5, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Rosie O’Donnell’s decision to leave the US for Ireland to protest Donald Trump’s presidency came was accompanied by a multimillion-dollar real estate sales loss. The New York Post reports the former talk show host and comedian sold her triplex penthouse in...
NYC Public Advocate Loses Brooklyn Home After 15 Years of Refusing to Pay His Mortgage

NYC Public Advocate Loses Brooklyn Home After 15 Years of Refusing to Pay His Mortgage

by Phil Hall | May 5, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New York City’s Public Advocate Jumaane Williams lost a two-family home he owned in Brooklyn after refusing to pay his mortgage for the last 15 years. The New York Post reports that Williams – who is first in line to succeed the city’s mayor – purchased the home with...
Hits and Misses for the Real Estate Week of April 28-May 2

Hits and Misses for the Real Estate Week of April 28-May 2

by Phil Hall | May 2, 2025 | Commercial Real Estate News, Current News & Events, Hits and Misses, Real Estate News, U.S. Housing Market, WRE News Exclusive

The too-high cost for homebuying, the effects of plumbing mishaps on household budgets, and an XL-sized lease in New York City’s office market. From the wild and wooly world of real estate, here are our Hits and Misses for the week of April 28-May 2. Miss: A Dent to...
Zillow’s StreetEasy Platform to Enact New Listing Standards for NYC Agents

Zillow’s StreetEasy Platform to Enact New Listing Standards for NYC Agents

by Phil Hall | May 1, 2025 | Current News & Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

StreetEasy, a listing platform owned by Zillow Group (NASDAQ: Z, ZG), announced that it will prevent access by New York City agents who publicly market listings to a select group of potential buyers. In a blog post on the StreetEasy website, Vice President and General...
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