Los Angeles
Feds charge LA council member with taking bribes from developers
The FBI arrested Los Angeles City Council member Jose Huizar Tuesday on a federal racketeering charge, culminating a near...
corruption
The Latest
Los Angeles
Private jets, prostitutes and luxury hotels: Broker’s plea deal points finger at LA councilman
A bombshell plea deal involving a former real estate broker that the federal government unsealed Wednesday suggests a years-long trail of bribery between City...
Real estate was among top consumer gripes in 2019
Landlord-tenant disputes generated more consumer complaints in the state last year than all but three other sources. New York...
Meet the HFZ exec accused of taking mob bribes
UPDATE: Monday, Dec. 9, 2019, 5:20 p.m.: As an executive at HFZ Capital, John Simonlacaj had overseen some of...
Investor claims fake Queens developers conspired to rob him of $500K
A New York investor poured $500,000 into an entity managed by a group of real estate developers who were...
National
Ex-president of Peru tied to corruption scandal dies from self-inflicted gunshot
Peru’s ex-President Alan García died from a self-inflicted gunshot wound in the head on Wednesday morning – hours after...
Acropolis Gardens, a Queens co-op mired in allegations of corruption and self-dealing, is tearing itself apart
Refinancing old debt on a property is a routine measure. But shareholders of an Astoria complex fear another loan would be a means of...
Long Island Cheat Sheet: Contractor dies in plane crash off Amagansett beach … & more
Long Island contractor dies in plane crash off Amagansett beach Contractor Ben Krupinski died Saturday when a plane carrying his family crashed in the waters...
How bribery and overbilling schemes have become commonplace in the world of RE’s middlemen
From the April issue: In New York City’s $45.3 billion construction industry, it’s a network of middlemen that choreograph the rise of buildings. From supply...
National Cheat Sheet: RE funds just raised the most cash in a Q1 since 2008 … & more
Real estate funds just raised the most cash in a Q1 since 2008 Between January and March of 2018, $33 billion in new private real...