Real Estate and Politics


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As widespread protests sweep the country, the real estate industry reflects on its decades-long support of the NYPD (Getty, iStock)

As Black Lives Matter protests rage on, NY real estate bleeds blue

UPDATED, 1:42 p.m., June 6: Each year, titans of real estate get out their tuxedos and checkbooks and head...

As Black Lives Matter protests rage on, NY real estate bleeds blue
(Credit: iStock)

Loophole allowed big-name landlords to get bailout funds

Some lucky landlords have secured bailout funds through the federal government’s Paycheck Protection Program — all thanks to a...

Loophole allowed big-name landlords to get bailout funds
Uncle Sam (Credit: iStock)

Here’s what real estate received from the PPP program: SBA report

 Real estate companies received about 3 percent of the $342 billion in loans approved through the federal Paycheck Protection...

Here’s what real estate received from the PPP program: SBA report
SEC chair Jay Clayton (Credit: Getty Images)

SEC investigating financially troubled housing nonprofit

Things have gone from bad to worse for the Better Housing Foundation. The nonprofit this month announced it was...

SEC investigating financially troubled housing nonprofit
Ald. Andre Vasquez (40th) and 5500 N. Wolcott Ave. (Credit: Google Maps)

Ald. Vasquez says Temple Steel campus won’t give way to luxury housing

A massive Bowmanville property is up for grabs for developers, as long as they’re willing to include affordable housing....

Ald. Vasquez says Temple Steel campus won’t give way to luxury housing
Clockwise from top left: 6449 N. Washtenaw Avenue, 6330 N. Oakley Avenue, 4640 S. Keating Avenue, 3983 S. Lake Park and Owner of Coleman Development Corp., Lester Coleman (Credit: Apartments and Coleman Development)

Coleman construction charged with misrepresenting status as minority-owned business

Coleman Development Corporation calls itself a “small minority-owned construction company,” but federal authorities say that did not extend to...

Coleman construction charged with misrepresenting status as minority-owned business
Amazon CEO Jeff Bezos and Mayor Roger Claar with the Bolingbrook property along route 53 and (Credit: Google Maps, Getty Images)

Bolingbrook mayor absolutely hates Amazon’s 825K sf real estate project

Amazon wants to bring 1,500 new jobs to Bollingbrook, but they’re missing support from a critical stakeholder: Bolingbrook’s mayor...

Bolingbrook mayor absolutely hates Amazon’s 825K sf real estate project
Trump International Hotel & Tower and Donald Trump (Credit: Trump and Getty Images)

Trump Tower tax appeal is under investigation

President Donald Trump’s appeal of property taxes he paid in 2012 for Trump International Hotel & Tower is now...

Trump Tower tax appeal is under investigation
Lori Lightfoot, Alderman Roberto Maldonado (26th) and Alderman Carlos Ramirez-Rosa (35th) with The 606 trail (Credit: Wikipedia and Getty Images)

Not so fast: Lightfoot pushes back on move to halt development by 606

Concerned about gentrification along the 606 trail, two aldermen in December proposed a 14-month moratorium on all residential construction...

Not so fast: Lightfoot pushes back on move to halt development by 606
The 606, Ald. Carlos Ramirez-Rosa, 35th, and Ald. Roberto Maldonado, 26th (Credit: Wikipedia, Getty Images, Roberto Maldonado)

Aldermen pushing to freeze development near The 606

If a pair of aldermen get their way, you won’t see any real estate development along the 606 in...

Aldermen pushing to freeze development near The 606
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