Red Tape Keeps NYC’s Affordable Housing Empty for Months

To snag one of New York City's prized affordable apartments, you will need not only luck on your side, but lots of patience as well. Affordable apartments can sit empty for more than a year as low-income, would-be residents grapple with miles of red tape, says a new report. "I had to jump through so

FBI: Cybercrime losses topped $20.8B in 2025, real estate fraud hit $275M

The FBI’s Internet Crime Complaint Center (IC3) received 1,008,597 complaints of cyber-enabled crime in 2025, with reported losses surpassing $20.8 billion — a 26% increase from the previous year. Real estate fraud alone accounted for 12,368 complaints and $275.1 million in losses, showing a continu

Texas builder breaks ground on first community with Japanese firm

Amid the growing presence of Japanese capital in American homebuilding, Osaka-based Hankyu Hanshin Properties Corp. (HHP), a leading Japanese developer, recently expanded its operations in the United States via a joint venture with Dallas-based Bridge Tower Homes. The two parties announced a joint v

Unison faces more legal trouble over allegedly deceptive home equity agreements

A newly filed class-action lawsuit accuses home equity investment (HEI) company Unison of misleading homeowners and structuring its products in ways that leave customers with far less equity than expected. The complaint, filed April 6 in the U.S. District Court for the District of Colorado by plaint