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.
July 29, 2025 - 22:01
Apple Expands Its Bay Area Footprint with $365 Million Campus AcquisitionApple has been actively expanding its presence in the Bay Area, recently finalizing a significant real estate transaction valued at $365 million. This acquisition marks the latest move in a series...
July 29, 2025 - 04:53
Major Milestone Reached with Topping-Off of New Residence Halls at Merrimack CollegeNorth Andover, MA— Greystar, a global leader in real estate development, and Merrimack College recently celebrated the topping-off of two new residence halls that will significantly expand the...
July 28, 2025 - 23:16
Fullerton Retail Real Estate Market Experiences Major TransactionsThe Fullerton retail real estate market has recently experienced two notable transactions, showcasing the area`s continued appeal to investors. The Metrocenter, a significant retail hub, has been...
July 28, 2025 - 04:44
Apollo Commercial Real Estate Finance Set to Release Earnings This TuesdayCommercial real estate REIT Apollo Commercial Real Estate Finance is scheduled to announce its earnings this Tuesday after the market closes. Investors and analysts are eagerly anticipating the...