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Former real estate CEO Jonathan Larmore was sentenced to 5 years in prison for manipulating WeWork stock, with no means to follow through on a fake tender offer.

Andrew Cuomo has replaced Eric Adams as the real estate industry’s favored mayoral candidate — at least for now.The ex-governor’s new $1.5 million fundraising disclosure — and an accompanying $1.2 million in new donations to the state-level super PAC supporting him — are dominated by industry names. Developer Scott Rechler, CEO of RXR, donated $250,000 to the pro-Cuomo super PAC and the maximum $2,100 to Cuomo’s campaign; A&E CEO Douglas Eisenberg contributed $125,000 to the PAC, and Lightstone Real Estate Partners gave $100,000.Developers, brokers and landlords had been hesitant to abandon Mayor Eric Adams, whose tenure in office has generally pleased the industry. But with Adams’ re-election in doubt and his fundraising collapsing, businesspeople are donating generously to Cuomo — as well as a few other mayoral candidates. That’s despite some initial wariness among some real estate leaders who view Cuomo as unpredictable and vindictive.

A Disney-designed neighborhood in the Coachella Valley with multi-million dollar homes, a Club 33-like private lounge, Incredibles-inspired clubhouse and Disney chef-run restaurant is likely the cl…

Real estate companies are making sure the words “diversity,” “equity” and “inclusion” do not appear next to each other in public filings.  More than a dozen publicly traded firms that had dedicated sections about DEI in last year’s annual reports removed that language in Securities Exchange Commission filings this year. Some swapped diversity lingo for […]

Napa: what were the changes in real estate prices last week?

The U.S. Justice Department has asked a federal judge in Boston to reject a $4 million consumer settlement in New England that it warned may not fairly compensate home sellers and would keep artificially inflated real estate fees in place.

The U.S. Justice Department has asked a federal judge in Boston to reject a $4 million consumer settlement in New England that it warned may not fairly compensate home sellers and would keep artificially inflated real estate fees in place.

Struggling Pacific Science Center envisions a new hands-on main attraction, explores real estate deal in bid to stay afloat.

Struggling Pacific Science Center envisions a new hands-on main attraction, explores real estate deal in bid to stay afloat.