SUBSCRIBE TO OUR FREE NEWSLETTER
Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.
5
#000000
#FFFFFF
To donate by check, phone, or other method, see our More Ways to Give page.
Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.
Executives of Invitation Homes, a subsidiary of the hedge fund Blackstone, tour a home the company bought and turned into a rental property in Los Angeles on February 8, 2013.
"Billionaires see housing as a way to boost their bottom line, instead of a necessity to survive."
A new report out Monday puts "into numbers the trend that ordinary Americans have known to be true for years," said economic justice advocates behind the analysis: "Their everyday struggles of affording a home are made worse by the sweeping influence that billionaires have over the market."
The Institute for Policy Studies (IPS) joined Popular Democracy in compiling a 71-page report titledBillionaire Blowback on Housing, aiming to get to the bottom of growing concerns in recent years about how Wall Street, as Democratic vice presidential nominee and Minnesota Gov. Tim Walz said earlier this month, is "buying up housing and making them less affordable."
The two groups found that a small number of wealthy individuals and their investment arms, who control "huge pools of wealth," have spent some of their vast resources on "predatory investment and wealth-parking in luxury housing"—contributing significantly to the crises of unaffordable rents, out-of-reach homeownership, and homelessness.
Billionaires are "supercharging existing problems" in the housing market, according to the report.
The authors take issue with assumptions about what is driving the housing crisis, which is characterized by record-breaking homelessness in 2023 with more than 653,000 people unhoused; half of tenants paying more than 30% of their income on rent, making them cost-burdened; and a significantly widened gap between the income needed to buy a house and the actual cost of a home.
"The real estate industry would like you to believe the problem is entirely one based on supply and demand," and that regulations need to be changed to allow for the construction of more affordable housing, reads the report. But with 16 million vacant homes across the U.S.—28 for every unhoused person—"the reality is that the owners of concentrated wealth... are playing a more pronounced role in residential housing, thereby creating price inflation, distortions, and inefficiencies in the market."
Signifying the U.S. real estate market's "emerging status as global tax haven," the number of vacant units in some communities exceed the number of unhoused people partially because wealthy investors are acquiring property and intentionally leaving it vacant, found IPS and Popular Democracy.
"The reality is that the owners of concentrated wealth... are playing a more pronounced role in residential housing, thereby creating price inflation, distortions, and inefficiencies in the market."
For example, in 2017 there were more than 93,500 vacant units in Los Angeles and an estimated 36,000 unhoused residents, with vacancies treated as "a structural feature of the market thanks to the presence of a small class of wealthy investors who engage in speculative financial behavior."
Billionaires and their investment firms, such as Blackstone—now the world's largest corporate landlord—are also "taking advantage of the tight low-income rental market, lack of publicly funded affordable housing, displacement after the foreclosure crisis, and inaccessible homeownership to get into the business of single-family and multifamily home rentals, and buying up mobile home parks," the report reads.
In one section of North Minneapolis, private equity firms including Pretium Partners "snatched up blocks of single-family rental homes, added fees on top of rent, and then proceeded to neglect the maintenance and upkeep of their properties."
Blackstone now owns 300,000 residential units across the U.S. and nearly doubled its portfolio in 2021. With $1 trillion in assets, it owns 63,000 single-family homes, 149,000 apartment units, and 70 mobile home parks.
Corporate ownership of rental housing stock "has not translated into housing stability, particularly for working-class households and communities of color," reads the report. "Rather, corporate landlords have concentrated their predatory investment practices—flipping, rent gouging, habitability violations, and evictions—in lower-income communities of color."
The billionaire class and its private equity firms, said Chuck Collins, co-author of the report and director of the Program on Inequality and the Common Good at IPS, has "severely disrupted" the housing market.
"This is not your grandparent's gentrification—but a hyper-gentrification fueled by concentrated wealth driving up land and housing costs, expanding short-term rentals, and treating housing like a commodity to speculate on or a place to park wealth," said Collins. "The billionaires are displacing the millionaires, and the millionaires are disrupting the housing market for everyone else."
The report calls on policymakers to expand social housing—housing developed by the government or a not-for-profit entity to ensure individuals, households, and families are guaranteed housing as a human right, which cannot be sold for profit.
Social housing could be paid for by levying mansion taxes, regulating predatory practices in the real estate market, and taxing billionaires.
Local communities can also protect residents and generate revenue for affordable housing through actions including:
"Billionaires see housing as a way to boost their bottom line, instead of a necessity to survive. This current system doesn't serve our communities," said Analilia Mejia and DaMareo Cooper, co-executive directors for Popular Democracy. "We need to do better. That starts with re-shaping our systems to look out for the needs and desires of working families, instead of billionaire investment and speculation. We need to safeguard renters' rights, and drastically expand the availability of permanently and truly affordable quality housing."
Trump and Musk are on an unconstitutional rampage, aiming for virtually every corner of the federal government. These two right-wing billionaires are targeting nurses, scientists, teachers, daycare providers, judges, veterans, air traffic controllers, and nuclear safety inspectors. No one is safe. The food stamps program, Social Security, Medicare, and Medicaid are next. It’s an unprecedented disaster and a five-alarm fire, but there will be a reckoning. The people did not vote for this. The American people do not want this dystopian hellscape that hides behind claims of “efficiency.” Still, in reality, it is all a giveaway to corporate interests and the libertarian dreams of far-right oligarchs like Musk. Common Dreams is playing a vital role by reporting day and night on this orgy of corruption and greed, as well as what everyday people can do to organize and fight back. As a people-powered nonprofit news outlet, we cover issues the corporate media never will, but we can only continue with our readers’ support. |
A new report out Monday puts "into numbers the trend that ordinary Americans have known to be true for years," said economic justice advocates behind the analysis: "Their everyday struggles of affording a home are made worse by the sweeping influence that billionaires have over the market."
The Institute for Policy Studies (IPS) joined Popular Democracy in compiling a 71-page report titledBillionaire Blowback on Housing, aiming to get to the bottom of growing concerns in recent years about how Wall Street, as Democratic vice presidential nominee and Minnesota Gov. Tim Walz said earlier this month, is "buying up housing and making them less affordable."
The two groups found that a small number of wealthy individuals and their investment arms, who control "huge pools of wealth," have spent some of their vast resources on "predatory investment and wealth-parking in luxury housing"—contributing significantly to the crises of unaffordable rents, out-of-reach homeownership, and homelessness.
Billionaires are "supercharging existing problems" in the housing market, according to the report.
The authors take issue with assumptions about what is driving the housing crisis, which is characterized by record-breaking homelessness in 2023 with more than 653,000 people unhoused; half of tenants paying more than 30% of their income on rent, making them cost-burdened; and a significantly widened gap between the income needed to buy a house and the actual cost of a home.
"The real estate industry would like you to believe the problem is entirely one based on supply and demand," and that regulations need to be changed to allow for the construction of more affordable housing, reads the report. But with 16 million vacant homes across the U.S.—28 for every unhoused person—"the reality is that the owners of concentrated wealth... are playing a more pronounced role in residential housing, thereby creating price inflation, distortions, and inefficiencies in the market."
Signifying the U.S. real estate market's "emerging status as global tax haven," the number of vacant units in some communities exceed the number of unhoused people partially because wealthy investors are acquiring property and intentionally leaving it vacant, found IPS and Popular Democracy.
"The reality is that the owners of concentrated wealth... are playing a more pronounced role in residential housing, thereby creating price inflation, distortions, and inefficiencies in the market."
For example, in 2017 there were more than 93,500 vacant units in Los Angeles and an estimated 36,000 unhoused residents, with vacancies treated as "a structural feature of the market thanks to the presence of a small class of wealthy investors who engage in speculative financial behavior."
Billionaires and their investment firms, such as Blackstone—now the world's largest corporate landlord—are also "taking advantage of the tight low-income rental market, lack of publicly funded affordable housing, displacement after the foreclosure crisis, and inaccessible homeownership to get into the business of single-family and multifamily home rentals, and buying up mobile home parks," the report reads.
In one section of North Minneapolis, private equity firms including Pretium Partners "snatched up blocks of single-family rental homes, added fees on top of rent, and then proceeded to neglect the maintenance and upkeep of their properties."
Blackstone now owns 300,000 residential units across the U.S. and nearly doubled its portfolio in 2021. With $1 trillion in assets, it owns 63,000 single-family homes, 149,000 apartment units, and 70 mobile home parks.
Corporate ownership of rental housing stock "has not translated into housing stability, particularly for working-class households and communities of color," reads the report. "Rather, corporate landlords have concentrated their predatory investment practices—flipping, rent gouging, habitability violations, and evictions—in lower-income communities of color."
The billionaire class and its private equity firms, said Chuck Collins, co-author of the report and director of the Program on Inequality and the Common Good at IPS, has "severely disrupted" the housing market.
"This is not your grandparent's gentrification—but a hyper-gentrification fueled by concentrated wealth driving up land and housing costs, expanding short-term rentals, and treating housing like a commodity to speculate on or a place to park wealth," said Collins. "The billionaires are displacing the millionaires, and the millionaires are disrupting the housing market for everyone else."
The report calls on policymakers to expand social housing—housing developed by the government or a not-for-profit entity to ensure individuals, households, and families are guaranteed housing as a human right, which cannot be sold for profit.
Social housing could be paid for by levying mansion taxes, regulating predatory practices in the real estate market, and taxing billionaires.
Local communities can also protect residents and generate revenue for affordable housing through actions including:
"Billionaires see housing as a way to boost their bottom line, instead of a necessity to survive. This current system doesn't serve our communities," said Analilia Mejia and DaMareo Cooper, co-executive directors for Popular Democracy. "We need to do better. That starts with re-shaping our systems to look out for the needs and desires of working families, instead of billionaire investment and speculation. We need to safeguard renters' rights, and drastically expand the availability of permanently and truly affordable quality housing."
A new report out Monday puts "into numbers the trend that ordinary Americans have known to be true for years," said economic justice advocates behind the analysis: "Their everyday struggles of affording a home are made worse by the sweeping influence that billionaires have over the market."
The Institute for Policy Studies (IPS) joined Popular Democracy in compiling a 71-page report titledBillionaire Blowback on Housing, aiming to get to the bottom of growing concerns in recent years about how Wall Street, as Democratic vice presidential nominee and Minnesota Gov. Tim Walz said earlier this month, is "buying up housing and making them less affordable."
The two groups found that a small number of wealthy individuals and their investment arms, who control "huge pools of wealth," have spent some of their vast resources on "predatory investment and wealth-parking in luxury housing"—contributing significantly to the crises of unaffordable rents, out-of-reach homeownership, and homelessness.
Billionaires are "supercharging existing problems" in the housing market, according to the report.
The authors take issue with assumptions about what is driving the housing crisis, which is characterized by record-breaking homelessness in 2023 with more than 653,000 people unhoused; half of tenants paying more than 30% of their income on rent, making them cost-burdened; and a significantly widened gap between the income needed to buy a house and the actual cost of a home.
"The real estate industry would like you to believe the problem is entirely one based on supply and demand," and that regulations need to be changed to allow for the construction of more affordable housing, reads the report. But with 16 million vacant homes across the U.S.—28 for every unhoused person—"the reality is that the owners of concentrated wealth... are playing a more pronounced role in residential housing, thereby creating price inflation, distortions, and inefficiencies in the market."
Signifying the U.S. real estate market's "emerging status as global tax haven," the number of vacant units in some communities exceed the number of unhoused people partially because wealthy investors are acquiring property and intentionally leaving it vacant, found IPS and Popular Democracy.
"The reality is that the owners of concentrated wealth... are playing a more pronounced role in residential housing, thereby creating price inflation, distortions, and inefficiencies in the market."
For example, in 2017 there were more than 93,500 vacant units in Los Angeles and an estimated 36,000 unhoused residents, with vacancies treated as "a structural feature of the market thanks to the presence of a small class of wealthy investors who engage in speculative financial behavior."
Billionaires and their investment firms, such as Blackstone—now the world's largest corporate landlord—are also "taking advantage of the tight low-income rental market, lack of publicly funded affordable housing, displacement after the foreclosure crisis, and inaccessible homeownership to get into the business of single-family and multifamily home rentals, and buying up mobile home parks," the report reads.
In one section of North Minneapolis, private equity firms including Pretium Partners "snatched up blocks of single-family rental homes, added fees on top of rent, and then proceeded to neglect the maintenance and upkeep of their properties."
Blackstone now owns 300,000 residential units across the U.S. and nearly doubled its portfolio in 2021. With $1 trillion in assets, it owns 63,000 single-family homes, 149,000 apartment units, and 70 mobile home parks.
Corporate ownership of rental housing stock "has not translated into housing stability, particularly for working-class households and communities of color," reads the report. "Rather, corporate landlords have concentrated their predatory investment practices—flipping, rent gouging, habitability violations, and evictions—in lower-income communities of color."
The billionaire class and its private equity firms, said Chuck Collins, co-author of the report and director of the Program on Inequality and the Common Good at IPS, has "severely disrupted" the housing market.
"This is not your grandparent's gentrification—but a hyper-gentrification fueled by concentrated wealth driving up land and housing costs, expanding short-term rentals, and treating housing like a commodity to speculate on or a place to park wealth," said Collins. "The billionaires are displacing the millionaires, and the millionaires are disrupting the housing market for everyone else."
The report calls on policymakers to expand social housing—housing developed by the government or a not-for-profit entity to ensure individuals, households, and families are guaranteed housing as a human right, which cannot be sold for profit.
Social housing could be paid for by levying mansion taxes, regulating predatory practices in the real estate market, and taxing billionaires.
Local communities can also protect residents and generate revenue for affordable housing through actions including:
"Billionaires see housing as a way to boost their bottom line, instead of a necessity to survive. This current system doesn't serve our communities," said Analilia Mejia and DaMareo Cooper, co-executive directors for Popular Democracy. "We need to do better. That starts with re-shaping our systems to look out for the needs and desires of working families, instead of billionaire investment and speculation. We need to safeguard renters' rights, and drastically expand the availability of permanently and truly affordable quality housing."
Israeli forces also bombed an U.N. clinic in Jabalia, killing at least 22 Palestinians including elders, women, and children—one of them a newborn baby.
Israel's far-right government on Wednesday admitted to a major land grab in the embattled Gaza Strip, where the forced removal of Palestinians accelerated amid ongoing airstrikes that killed scores of civilians, including at least 22 people slain in the bombing of a health clinic run by the United Nations agency for Palestinian refugees.
Defense Minister Israel Katz said the Israel Defense Forces' (IDF) renewed assault is "expanding to crush and clean" Gaza while "seizing large areas that will be added to the security zones of the state of Israel for the protection of fighting forces and the settlements," a reference to plans by far-right members of Prime Minister Benjamin Netanyahu's government for the ethnic cleansing and Israeli recolonization of the Palestinian enclave.
"Did you decide that we are sacrificing hostages for capturing land?"
Israeli forces control what they call a buffer zone along Gaza's entire border and on Monday ordered a sweeping evacuatione that forced approximately 140,000 Palestinians to flee from Rafah and other areas. In scenes reminiscent of the Nakba—during which over 750,000 Arabs fled or were forced from Palestine during the establishment of the modern state of Israel in 1948—Palestinian families were seen carrying their possessions or loading them atop vehicles and donkey carts as they sought ever-elusive safety.
Ihab Suliman, a former university professor forcibly expelled from Jabalia with his family, told The Associated Press on Monday that "there is no longer any taste to life. Life and death have become one and the same for us."
The fresh wave of expulsions follows last month's creation of a new IDF directorate tasked with ethnically cleansing northern Gaza under the guise of "voluntary emigration." Katz said the agency would be run "in accordance with the vision of U.S. President Donald Trump," who last month said that the United States would "take over" Gaza after emptying the strip of its over 2 million Palestinians and transform the coastal enclave into the "Riviera of the Middle East." Trump has since attempted to walk back some of his comments.
The renewed ethnic cleansing of southern Gaza came amid heavy IDF airstrikes throughout the strip, including the Wednesday bombing of a clinic-turned-shelter run by the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA) in Jabalia that killed at least 22 civilians, including women, children, and elders and wounded dozens more, according to local officials. Graphic video of the strike's aftermath showed a man holding up the headless body of a newborn baby outside the Indonesian Hospital in Beit Lahia.
Gaza's Government Media Office called the strike "a full-fledged war crime," while the Palestinian Foreign Ministry urged the international community to pressure Israel "to halt its genocide, displacement, and annexation, and impose a political settlement per international law."
Israel admitted to carrying out the strike, claiming it targeted "Hamas terrorists" hiding among the civilians. Israeli policy implemented after Hamas led the deadliest-ever attack on Israel on October 7, 2023 permits the IDF to knowingly kill an unlimited number of civilians in order to kill just one Hamas member, no matter their rank or role in the organization.
Katz called on Gaza residents to "expel Hamas and return all hostages" kidnapped from Israel on October 7.
However, the umbrella group representing families of some of the abductees—24 of whom are believed to still be alive—on Wednesday accused Netanyahu of "burying the hostages alive" by unilaterally abandoning aa cease-fire with Hamas last month.
"Did you decide that we are sacrificing hostages for capturing land?" the Hostages and Missing Families Forum asked following Katz's announcement. "Instead of getting the hostages out in a deal and ending the war, Israel's government is sending more soldiers to Gaza to fight in the same places that they already fought over and over again."
Since March 18, when Israel broke the cease-fire with Hamas and resumed its assault on Gaza, more than 1,000 Palestinians, including over 320 children, have been killed, and thousands more wounded, according to local and international officials.
Since Israel resumed its terror bombing of Gaza on March 18, every day we see images of small children with their heads or limbs blown off by U.S. weapons. Doctors having to cut holiday clothes off of children in a desperate attempt to save them. Amputations without anesthesia.
— Jeremy Scahill ( @jeremyscahill.com) April 2, 2025 at 3:51 AM
Since October 2023, Israeli forces have killed or wounded more than 175,000 Palestinians in Gaza, most of them women and children, according the Gaza Health Ministry. That figure includes at least 14,000 people who are missing and presumed dead and buried beneath rubble. Almost all of Gaza's more than 2 million people have been forcibly displaced, often multiple times. Meanwhile, Israel's "complete siege" of Gaza has exacerbated widespread and sometimes deadly starvation and illness.
On Monday, the Gaza Government Media Office said that at least 1,513 humanitarian workers have also been killed by Israeli forces since October 2023. It is uncertain whether that figure includes the 15 first responders—including eight Red Crescent workers and six Civil Defense personnel—whose bodies, some of them allegedly bound and shot, were found in a mass grave that day.
Israel is facing an ongoing genocide case at the International Court of Justice, and Netanyahu and former Defense Minister Yoav Gallant are fugitives from the International Criminal Court (ICC), which last year issued arrest warrants for the pair for alleged war crimes and crimes against humanity.
The ICC joined human rights groups on Wednesday in condemning Netanyahu trip to Hungary, a signatory to the Rome Statute governing the world's top war crimes tribunal. Hungarian President Viktor Orbán and other members of his far-right government are set to welcome Netanyahu for a four-day visit underscoring both countries' disdain for international law.
Meanwhile in the illegally occupied West Bank—where thousands of Palestinians have been
killed or wounded by IDF troops and Jewish settler-colonists since October 2023—the UNRWA area director said this week that the scale of forced displacement is unprecedented during the 58 years of Israeli occupation.
"The billions of dollars of donations these oligarchic clans give candidates, parties, and particularly outside spending groups drown out the voices and concerns of ordinary voters," according to the report.
The ever-growing amount of billionaire cash in elections is poisoning U.S. democracy, according to a report published Wednesday by the advocacy group Americans for Tax Fairness—which found that the top 100 billionaire families spent an eye-popping $2.6 billion on federal contests in 2024.
That's more than twice the roughly $1 billion spent by individual billionaire donors in 2020, according to the group, and constitutes 160 times the amount of billionaire political spending since the 2010 Supreme Court decision Citizens United v. Federal Election Commission. That decision paved the way for the proliferation of super political action committees (PACs), a type of committee that can accept unlimited donations to spend on political activity.
Picking apart that $2.6 billion, there's a clear partisan skew: 70% of that billionaire money went to entities supporting Republican candidates, while 23% went to entities backing Democratic candidates. The other 7% went toward independent candidates—such as presidential contender Robert F. Kennedy Jr., who is now a Cabinet secretary—and committees that gave to candidates from both parties who champion specific issues, such as cryptocurrency.
That skew is particularly pronounced when it comes to the competitive Senate races that determined control of the chamber in 2024.
Looking at Senate contests in Arizona, Michigan, Montana, Nevada, Ohio, Pennsylvania, and Wisconsin, the authors of the report found that nearly 80% of the total billionaire cash in these races—which tallied $1.14 billion in outside spending—went to outside groups supporting Republican candidates, compared to 20% used to support Democratic hopefuls.
"The billions of dollars of donations these oligarchic clans give candidates, parties, and particularly outside spending groups drown out the voices and concerns of ordinary voters, endangering democracy and distorting public policy," the report states.
What's more, "this undue influence by the billionaire donor class over our government—always a concern and already present in mostly indirect ways—has found its full, frightening expression in the second Trump administration with the ascendancy of Elon Musk, the world's richest man and the biggest billionaire donor in the 2024 elections," the authors wrote.
Musk's ability to convert his extreme wealth into political influence in the Trump administration contrasts with reports that Musk pays relatively little in taxes. In 2018, for example, Musk paid nothing in federal income taxes even as his wealth soared, largely due to Tesla stock appreciation.
But Musk is just the "most notorious example of billionaires literally buying power," according to the group. ATF highlighted that billionaire Linda McMahon secured a position as President Donald Trump's education secretary after she and her ex-husband gave tens of millions to support Republican candidates, as did billionaire businessman Howard Lutnick, now the commerce secretary.
The report, titled Billionaires Buying Elections: They've Come to Collect, is the latest in ATF's "billionaires buying elections" series, and according to the group it is the most comprehensive because it covers both direct billionaire giving and "traces the indirect routes billionaire cash can take through campaign committees contributing to each other."
In its methodology section, the report gives the example of WinSenate—a super PAC that works to elect Democrats to the Senate—which did not report billionaire contributions, but received all of its funding from the Senate Majority PAC. Because the Senate Majority PAC got 19.9% of its funding from billionaires, the report counted WinSenate's share of billionaire spending at 19.9%.
According to the report, other big-name Republican megadonors in the 2024 cycle included shipping supply magnates Richard and Elizabeth Uihlein and Israeli-American billionaire Miriam Adelson.
According to the authors of the report, billionaires need to be taxed more.
"Tax policy—which has the most direct impact on billionaire wealth—is perhaps the most obviously affected by the money-for-power billionaire bargain," according to the group, which cites the current Republican push to extend parts of Trump's 2017 tax cuts that primarily benefit the wealthy as part of a general trend in tax policy over the past four decades to decrease taxes on the wealthiest people and most profitable businesses.
"The self-reinforcing combination of booming billionaire fortunes and weakening campaign finance laws continues to threaten our democratic form of government," according to the report. "As the outcome of the last presidential campaign amply demonstrates, until billionaires pay their fair share of taxes and we put effective curbs on their political spending, this threat will only grow."
The report calls for solutions like bolstering the estate tax and implementing a wealth tax, such as the Ultra-Millionaire Tax Act, a bill that was reintroduced by multiple Democratic senators in 2024. The newer version of the legislation would place a 2% annual tax on the net worth of households and trusts between $50 million and $1 billion, and impose an 1% annual surtax—so 3% tax overall—on the net worth of families and trusts that is above $1 billion.
One legal expert called Judge Dale Ho's move a "major smackdown for DOJ's unsavory behavior."
A federal judge in Manhattan dismissed the corruption case against New York City Mayor Eric Adams on Wednesday but also tried to ensure that going forward, the Trump administration cannot use the charges as leverage over the Democrat—who had agreed to help with the White House's mass deportation agenda in exchange for what opponents blasted as an "openly corrupt legal bailout."
In February, just weeks after Republican President Donald Trump returned to office, the U.S. Department of Justice (DOJ) instructed prosecutors to drop federal charges against Adams, triggering widespread outrage over the attempted "illegal quid pro quo," as some congressional critics have called it.
"DOJ's motion states that dismissal of this case is justified for several reasons, including because 'continuing these proceedings would interfere with" the mayor's ability to govern, thereby threatening 'federal immigration initiatives and policies,'" Judge Dale Ho, appointed to the Southern District of New York by former President Joe Biden, wrote Wednesday in a 78-page opinion and order.
Ho explained that "a critical feature of DOJ's motion is that it seeks dismissal without prejudice—that is, DOJ seeks to abandon its prosecution of Mayor Adams at this time, while reserving the right to reinitiate the case in the future. DOJ does not seek to end this case once and for all. Rather, its request, if granted, would leave Mayor Adams under the specter of reindictment at essentially any time, and for essentially any reason. The court declines, in its limited discretion under Rule 48(a), to endorse that outcome."
"Instead, it dismisses this case with prejudice—meaning that the government may not bring the charges in the Indictment against Mayor Adams in the future," he continued. "In light of DOJ's rationales, dismissing the case without prejudice would create the unavoidable perception that the mayor's freedom depends on his ability to carry out the immigration enforcement priorities of the administration, and that he might be more beholden to the demands of the federal government thanto the wishes of his own constituents. That appearance is inevitable, and it counsels in favor of dismissal with prejudice."
Ho noted that "various groups that have submitted friend-of-the-court briefs urge this court to go further and deny DOJ's motion altogether, arguing that the reasons DOJ has given to justify dismissing this case are unsubstantiated or contrary to the public interest. The court ultimately declines their invitation to deny the motion. But it concludes that many of their arguments have merit."
However, as the judge detailed, he ultimately did not deny the DOJ's motion for two reasons: "The first is that a court's principal role in deciding a motion of this nature is to protect the rights of the defendant... The second and perhaps more fundamental reason is that a court, if it were so inclined, would have no way to compel the government to prosecute a case in circumstances like those presented here."
BREAKING: major smackdown for DOJ’s unsavory behavior in dismissing the Eric Adams case Judge Ho follows our @sddaction.bsky.social brief with @ldadorg.bsky.social to only logical conclusion: Dismissal WITH prejudice statedemocracydefenders.org/wp-content/u... Fight will continue & so will we!
[image or embed]
— Norm Eisen (@normeisen.bsky.social) April 2, 2025 at 10:47 AM
As The City pointed out, "The dismissal comes just weeks before the June 24 mayor primary and a day before the mayor is required to file petition signatures his campaign is collecting to get on the ballot."
In the crowded Democratic primary contest, Adams' challengers include former Gov. Andrew Cuomo—who resigned in 2021 in the face of sexual harassment allegations he has denied—and state Rep. Zohran Kwame Mamdani, a Democratic socialist who represents New York's 36th Assembly District in Queens.
A 2024 Democratic National Convention delegate known as Candidly Tiff on social media said Wednesday that "the judge actually helped Eric Adams with this ruling. He should be thankful the [White House] can no longer dangle this case over his big head. Should be a sign for him to walk away from politics but his ego is too damn big."
The development also sparked calls for Democratic New York Attorney General Letitia James to bring state charges against Adams. Attorney Tristan Snell said that she "can and should" do so "immediately."