June 13, 2025 - 19:20
Brooklyn Borough President Antonio Reynoso’s reelection campaign has accepted thousands of dollars in contributions from real estate industry players, despite his earlier commitment to limit influence from this sector. During his initial campaign, Reynoso positioned himself as a champion of affordable housing and community needs, vowing to prioritize the interests of local residents over large developers.
However, recent financial disclosures reveal that Reynoso's campaign has received significant funding from various real estate entities. This has raised eyebrows among constituents and watchdog groups who fear that these contributions may compromise his ability to advocate for affordable housing initiatives. Critics argue that accepting money from developers contradicts his stated goals and may lead to conflicts of interest in his decision-making processes.
As the election approaches, Reynoso faces increasing scrutiny regarding his funding sources and how they align with his promises to the community. The implications of these contributions could influence both his campaign strategy and the broader conversation about real estate development in Brooklyn.
June 14, 2025 - 05:17
Decline in Household Real Estate Value and Equity at Start of 2025At the start of 2025, recent Flow of Funds data from the Federal Reserve revealed a slight retreat in the total value of owner-occupied real estate, which stood at $47.9 trillion. This figure marks...
June 13, 2025 - 04:24
Navigating the Shifting Landscape of Real Estate Amid Rising RatesBob Bushmiaer from a prominent Little Rock real estate firm has noted that industry experts are divided on the current state of the residential real estate market, particularly as interest rates...
June 12, 2025 - 04:59
Insightful Q&A with Amy Hansen, Real Estate Attorney and ShareholderIn a recent discussion, Amy Hansen, a prominent real estate attorney and shareholder, shared her insights on the current trends and challenges in the real estate market. With years of experience...
June 11, 2025 - 01:10
Apollo Commercial Announces Quarterly Dividend of $0.25 Per ShareApollo Commercial Real Estate Finance has declared a quarterly dividend of $0.25 per share, set to be distributed on July 15, 2025. This dividend will be payable to stockholders who are on record...