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A superseding indictment filed by federal prosecutors in Manhattan on Thursday brings six additional charges against former luxury real estate brokers Tal and Oren Alexander and their brother, private security executive Alon Alexander, in advance of their trial scheduled for January 2026.

The initial indictment filed against the brothers in December included three charges: one count of conspiracy to commit sex-trafficking and two counts of sex-trafficking of two separate victims by force, fraud or coercion. The superseding indictment adds three new counts of sex-trafficking by force, fraud or coercion of three additional victims; one count of sex-trafficking of a minor by force, fraud or coercion; and two counts of inducement to travel to engage in unlawful sexual activity. In total, six victims are named.

The brothers were arrested by the feds in Miami in December 2024 and were moved in January of this year to the Metropolitan Detention Center in Brooklyn, where rapper Sean “Diddy” Combs and alleged UnitedHealthcare CEO murderer Luigi Mangione were also being held.

The superseding indictment says the brothers and their associates knowingly conspired to force or coerce six female victims to engage in commercial sex acts between about 2009 and 2021 in the Southern District of New York and beyond.

Milton Williams, Jr. and Deanna Paul of Walden Mach Haran & Williams LLP, who are representing Tal, said the superseding indictment would not materially change things in the case.

“The superseding indictment changes nothing,” the attorneys said in a statement sent to Inman. “It’s a reheated version of the same case — and still does not include conduct that amounts to federal sex trafficking. The government is trying to stretch a statute beyond recognition to fit a narrative, not a crime.”

Richard C. Klugh of Klugh Wilson LLC, who is representing Oren, told Inman in an email, “These new accusations, like the previous ones, are meritless, and reflect a failed prosecutorial effort to salvage a factually and legally unfounded case built on readily disprovable claims. Any new spin offered in these charges does nothing to diminish our client’s innocence as has been shown in passing a rigorous polygraph examination.”

Alon’s lawyer, Jason Goldman, said in an email that he had also passed a lie detector test administered by a former FBI polygraph examiner, “establishing his innocence to the accusations in the earlier version of the indictment.”

“To our knowledge, not a single alleged accuser, including those in the new version of the indictment, has passed an FBI polygraph exam, which the government routinely uses to test the veracity of its own law enforcement agents,” he added.

The charges regarding the sex-trafficking of a minor involve Tal and Alon. Three of the counts in the new indictment name Tal alone as the perpetrator.

The brothers were denied release on house arrest earlier this year by Judge Valerie Caproni because they were deemed a flight risk due to their international connections, and a danger to the community.

Oren and Alon, and family friend Ohad Fisherman, also face state rape charges in Florida. Oren has been charged with three counts of sexual battery and Alon and Fisherman have been charged each with one count of sexual battery.

The Alexanders are expected to be taken back into Manhattan federal court soon to be arraigned on the new charges. It is unclear if the superseding indictment will change the timeline of their federal trial.

On top of the criminal charges against them, the Alexander brothers also face lawsuits against them filed by dozens of women who have alleged the brothers are guilty of sexual assault. The majority of the lawsuits were filed in New York under an extension of a city law that allowed alleged victims of gender-motivated violence to sue their supposed perpetrators, no matter how long ago the alleged act of violence occurred. Victims were allowed to file lawsuits through the end of February 2025.

Update: This story was updated after publishing with a statement from Alon Alexander’s lawyer.

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Nearly a year-and-a-half after handing over the reins of Coldwell Banker Warburg to Kevelyn Guzman, Frederick Warburg Peters has moved to Brown Harris Stevens.

Peters founded Warburg Realty in 1991, and has long been known as a spunky fixture of New York City real estate. The real estate vet sold his company to Coldwell Banker in 2021, and at the end of 2023, announced that he would be stepping into a president emeritus role at the brokerage the following year.

The Real Deal first reported the news based on an email sent out internally at Coldwell Banker Warburg on Thursday. Shortly thereafter, Brown Harris Stevens released a press statement about Peters’ move to the firm.

“The choice of Brown Harris Stevens was an easy one for me,” Peters said in a statement. “[BHS President] Hall Willkie has been a peer and a good friend for decades, and Bess Freedman has steered the company through the 21st century with great skill, modernizing the agent experience while maintaining the high standards of integrity and ethics for which BHS has always been known.”

Despite his move to an emeritus role at Coldwell Banker Warburg last year, Peters has consistently been an active agent since he started his real estate career in 1980. His lifetime transaction volume exceeds $1 billion.

Peters declined to elaborate further to Inman on his reasons for leaving Coldwell Banker Warburg.

Peters was a founding member of the Real Estate Board of New York’s Residential Division and currently serves on the Executive Committee of the Board of Governors. He has been the recipient of multiple REBNY awards over the course of his career, including the Henry Forster Memorial Award for lifetime achievement and contribution to the industry (1996), the Kenneth R. Gerrety Humanitarian Award for service (2010) and the Eileen Spinola Award for distinguished service (2023).

“Fred is synonymous with New York City real estate, and we are honored that he has chosen to continue his meteoric career with us at Brown Harris Stevens,” CEO Bess Freedman said in a statement. “His reputation and knowledge of the city, its buildings, and its people are beyond reproach. I look forward to working with him in this next chapter.”

Some of Peters’ latest deals have included the sale of a $6.3 million Park Ave co-op and the sale of a $5.6 million penthouse on East 74th Street, according to listing portal StreetEasy.

A spokesperson for Coldwell Banker Warburg said, “Coldwell Banker Warburg thanks its founder, Frederick Warburg Peters, for his leadership of not only the firm, but the New York real estate industry. The company wishes him happiness and success in his next chapter. Coldwell Banker Warburg continues to grow and thrive, with a bright future ahead.”

Peters will continue to write his regular column for Forbes as he moves to Brown Harris Stevens. He will be based out of the brokerage’s flagship office at 445 Park Avenue.

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Heated debates over the National Association of Realtors’ Clear Cooperation Policy have continued even after the association announced its decision over a month ago to keep the policy while adding a new listing option for homesellers. However, Illinois lawmakers are now also adding their voices to the discussion — and may give the policy new weight, if a version of it is passed into law in the state.

House Bill 3452, proposed by Illinois State Representative Lilian Jiménez, would modify the Illinois Real Estate License Act of 2000 so that brokerages would be required to publicly advertise or market properties for sale or for rent on public platforms within one calendar day of entering into an agreement with the seller or landlord of the property, unless that seller or landlord signs a disclosure and marketing opt-out form provided by Illinois’ Department of Financial and Professional Regulation.

The bill was introduced in early February by Rep. Jiménez and has been in committee since March 21. Partners on the bill include the National Association of Hispanic Real Estate Professionals (NAHREP) and Zillow, according to Rep. Jiménez. She serves a district in Chicago where home prices have rapidly risen in recent years; she said one of her goals with the bill was to promote fair housing and buyer access to all homes that are for sale.

“There is a long history of redlining, block-busting and segregation in our communities, and I think the real estate industry, just like every other industry, needs to have a certain level of guardrails — which we can call regulation — but just means that the consumers’ interests are represented,” Jiménez told RealEstateNews.com.

Zillow has likewise made its own attempt at enforcing Clear Cooperation by rolling out new standards that penalize agents who violate the policy by banning their listings from the Zillow platform. Even so, some brokerages, most notably Compass, continue to lean into office exclusive listings. The brokerage recently announced that it would be providing physical books of its exclusive listings in Compass offices across the country.

Illinois Realtors has said that the bill is not on the association’s legislative agenda.

Jeff Baker, the association’s CEO, told RealEstateNews.com that he believes the bill “was less about Clear Cooperation and was more designed to codify a real estate portal’s business model into state law.”

“The bill was never assigned to a substantive committee for further consideration after its introduction,” Baker continued. “Illinois Realtors is committed to ensuring the Real Estate License Act remains a model for both consumer protection and maintaining a fair and level playing field for real estate practitioners.”

Chicago is a somewhat pocket listing-friendly city, as it happens. The city is under the purview of multiple listing service Midwest Real Estate Data (MRED), which has had a Private Listing Network (PLN) for almost 10 years.

Email Lillian Dickerson

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Shark Tank star and Corcoran Group founder Barbara Corcoran is letting go of the dream penthouse that became her home 10 years ago.

Back in 1992 when Corcoran was still working side hustles to make her living, she was delivering letters for a messenger service to a building at Fifth Avenue and 97th Street when she saw the terrace that took her breath away. As she stepped out of the elevator on the building’s top floor, Corcoran saw beyond a pair of French doors an inviting outdoor space with stunning Central Park views.

“I thought, my god, I’ve never seen anything as beautiful in my life,” Corcoran told The New York Times.

There was no sign then that the homeowner would ever want to move, but Corcoran knew that no one stays in the same house forever — and she was playing the long game. As the now well-known story goes, Corcoran gave the homeowner an envelope and asked her to call her if she ever decided to put the home on the market.

It took more than 20 years, but Corcoran got the call. The year was 2015, and she paid $10 million for the 4,600-square-foot duplex.

The home has five bedrooms, five full baths and two half baths. After Corcoran bought the penthouse, she decided to flip the upstairs and downstairs, moving the kitchen to the upper level just off of that show-stopper terrace. She also transformed a greenhouse area into an indoor/outdoor dining room. For a year-and-a-half, the renovation continued, during which time Corcoran and her then-10-year-old daughter Kate would sometimes take sleeping bags up to the terrace and fall asleep under the stars, Corcoran told The NYT.

The only original feature of the duplex that remained after the renovation was the curved staircase, which has become the reason for Corcoran’s selling the property, as she and her husband, retired Navy captain and octogenarian Bill Higgins, grow older. The stairs have become too much for Higgins, Corcoran told The NYT, “and I’m not running those stairs anymore, either.”

In 2022, viewers on TikTok got a glimpse into Corcoran’s apartment when she gave a tour to influencer Caleb Simpson, who is known for his videos asking New Yorkers how much they pay for rent.

@calebwsimpson @barbara.corcoran ♬ Sunroof – Nicky Youre & dazy

Scott Stewart and Carrie Chiang of Corcoran Group are co-listing the apartment with an ask of $12 million, which Corcoran said is less than what she spent buying and renovating it. But, she’s hoping at that price, she’ll receive multiple bids. Monthly maintenance on the property is about $11,000.

When Corcoran learned in December that Paul Newman and Joanne Woodward’s long-time pied-à-terre, which was only a few blocks away, was listed at $9.95 million, she put in an offer. But the single-story apartment, which also had a knockout view of Central Park, received a higher offer, and Corcoran missed the opportunity.

Corcoran also faced a blow when she learned in January that her mobile home in LA was destroyed by the Palisades Fire.

Chiang kept her ears to the ground for other opportunities, though, and shortly thereafter found a one-story penthouse also located in Carnegie Hill. Corcoran quickly made an offer, and it was accepted.

“I never thought I would ever leave,” Corcoran said of the duplex. “It’s easy to spend money when you’re building a lifelong dream. For me, real estate is emotional.”

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Bigger. Better. Bolder. Inman Connect is heading to San Diego. Join thousands of real estate pros, connect with the Inman Community, and gain insights from hundreds of leading minds shaping the industry. If you’re ready to grow your business and invest in yourself, this is where you need to be. Go BIG in San Diego!

Long-time Berkshire Hathaway CEO Warren Buffett announced during the company’s annual meeting on Saturday that he would be retiring from his position at the end of the year, and that he would recommend Greg Abel to the board as his successor.

“The time has arrived where Greg should become the chief executive of the company at year-end,” the 94-year-old investor said during the surprise announcement.

Buffett’s choice of successor was no secret — he had announced in 2021 that he had his eye on Abel to take over the company’s reins. But only Buffett’s children, Howard Buffett and Susan Buffett, who are both Berkshire directors, knew in advance that this would be the year for the leadership transition to take place. Buffett has served as CEO since 1970.

The savvy investor shepherded Berkshire Hathaway through decades of changes, transitioning the company from its textile beginnings into a conglomerate starting back in 1965. HomeServices of America is owned by Berkshire Hathaway Energy, a subsidiary of Berkshire Hathaway.

Over the years, Buffett has become known for his quotable, sound investment advice, which has had an impact on aspiring entrepreneurs worldwide. Thousands of investors and admirers made the pilgrimage to Omaha, Nebraska, each year to attend the company’s annual meeting, which Buffett called “Woodstock for Capitalists.”

Buffett said that he will continue to be active, serving as chairman at Berkshire Hathaway as Abel takes over.

Abel, who is a native of Canada, became involved in Berkshire Hathaway in 1999 when the company invested in MidAmerican Energy, the precursor of Berkshire Hathaway Energy. Abel and David Sokol, Abel’s former boss, were instrumental in building Berkshire Hathaway Energy through a series of acquisitions. In 2018, Buffett promoted Abel as vice chairman and a member of the board, placing him at the head of all noninsurance operations.

During Saturday’s annual meeting, Buffett said he generally prefers to invest in stocks versus real estate, because with multiple parties involved in real estate deals, things can sometimes get messy.

“Well, in respect to real estate, it’s so much harder than stocks in terms of negotiation of deals, time spent and the involvement of multiple parties in the ownership,” Buffett said. “Usually when real estate gets in trouble, you find out you’re dealing with more than just the equity holder.”

“There’s just so much more opportunity, at least in the United States, that presents itself in the security market than in real estate,” Buffett added.

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