Real Estate Hasn't Backed Away From Eric Adams Amid Bribery Scandal

Barchart · 09/27 18:56
As New York City Mayor Eric Adams’ mayoralty descends into crisis following his indictment on five federal criminal charges, the vibe in the city’s commercial real estate industry is a cocktail of concern and confidence that the industry won’t go down — even if the mayor does. “I don't think anyone's happy about this development,” said Jeff Gural, chairman of GFP Real Estate and former head of powerhouse brokerage Newmark. “I liked Eric. I thought he was doing a good job.”