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Modern-Day Robber Baron: The Sins of Blackstone CEO Stephen Schwarzman
Billionaire Steve Schwarzman, the CEO of Blackstone Group, has spent millions to kill rent control in California.
In the meantime, Blackstone charges outrageous rents and aggressively evicts people.
Read our important special report.
https://www.housingisahumanright.org/modern-day-robber-baron-the-sins-of-blackstone-ceo-stephen-schwarzman/
WELFARE QUEEN
Billionaire private equity oligarchs
isn’t a sympathetic landlord.
Saving for a house is impossible when rent takes everything.
Trump gave tax cuts to developers and real estate investors instead of fixing this crisis. Congress had a national plan: build affordable housing, cap rent increases, ban Wall Street from buying up homes. Trump said no.
America’s billionaires are now worth $9 TRILLION.
$4 TRILLION of that is owned by 15 billionaires and a trillionaire.
Our economy allows 16 people to control mind-numbing amounts of money while the rest of us struggle to afford gas, groceries, rent, and healthcare.
Disaster.
Prof Zenkus c @anthonyzenkus
The Blackstone Group is the largest private owner of rent-stabilized apartments in New York City, not small mom and pop landlords.
Valued at $137 billion (not including the $1.3 trillion in assets they control), Blackstone is headed by Stephen A. Schwarzman, whose total yearly compensation exceeds $1 billion.
The idea of the “mom and pop” landlord being priced out of business because of a rent freeze is a myth. Small independent landlords (owning 10 or fewer units) make up only 1.2% of the ownership of rent-stabilized units.
Meanwhile large corporations own 87% of those units, with mega corporations like Blackstone Group (owning 1000 or more units) controlling 56% of the market.
Mega corporations like Blackstone are pushing the myth of the small independent landlord to hide the fact that they and other mega corporations control the vast majority of NYC rentals. //
LOAN
✅ IMAGE: Stephen A. Schwarzman
DATE: 06/23/2026
ADDRESS: 851 6th Avenue
MARKET: NoMad, Manhattan
ASSET TYPE: Hotel ~ BSF: 333,436
LENDER: J.P. Morgan Chase
LANDLORD: Stephen A. Schwarzman – Blackstone Group
LOAN AMOUNT: $122,000,000
LOAN TYPE: Refinance
NOTE: Blackstone Group, through 835 6 Fb Owner LLC, secured a $122 million refinancing loan from JPMorgan Chase for the Kimpton Hotel Eventi at 851 Avenue of the Americas in NoMad, Manhattan.
#NewYork #RealEstate #TradedNY #NY #NewYorkRealEstate #NYCRealEstate #NoMad #Manhattan #Hotel #JPMorganChase #StephenASchwarzman #BlackstoneGroup
LOAN
✅ IMAGE: Tate Keir, Tyler Dumon, Jordan Roeschlaub, Nick Scribani, Patrick Melton, Stephen Schwarzman, Adam Etra, Mark Schoenholtz & Tom Berry
DATE: 5/21/2026
ADDRESS: 1 Wild Turkey Way
MARKET: Hamburg, NJ
ASSET TYPE: Hotel ~ KEYS: 453
LENDER: Stephen Schwarzman
LANDLORD: Patrick Melton
LANDLORD’S REP: Jordan Roeschlaub , Nick Scribani , Tyler Dumon , Tate Keir, Adam Etra, Mark Schoenholtz & Tom Berry – Newmark
LOAN AMOUNT: $154,000,000
LOAN TYPE: Acquisition
23andMe’s DNA database
While Americans are debating who controls genetic data after the transfer of 23andMe’s DNA database through bankruptcy, watchdog groups are now seeking records about how ICE collects, stores, retains, and disposes of DNA samples.
These may be separate issues, but they point to the same question: who owns your genetic information, who can access it, and what safeguards exist once it enters a database?
Those questions deserve far more public scrutiny than they’re receiving.
For anyone interested in how Epstein was connected…
The DNA Bank of the Epstein Class: Jeffrey Epstein, zandMe, and the Future of Human Data BY Amber Woods
ESSAY NoelCaslerComedy @caslernoel
“MAGA, and the entirety of the GOP, now know that Musk’s vast wealth will be a force to contend with in political life for decades to come. What he is doing now on our planet, and in our atmosphere however, may reverberate for centuries.
On the same Friday Elon bragged about the successful launch of the SpaceX IPO, he also boasted about putting another twenty-six satellites in orbit from a SpaceX rocket in Florida.
If you look up at the night sky these days, you are likely to mistake one of his SpaceX satellites for a star; Musk has now launched into Low Earth Orbit (LEO) more satellites than entire nations, including China.
The Starlink network now encompasses over 8,000 LEO satellites, which is the vast majority of active satellites and poses not only a hindrance to the science of astronomy, it is obviously a major national security risk having one man responsible for much of the communication networks on this planet.
We have already seen him shut off wifi communications on the battlefield in Ukraine at the behest of Vladimir Putin – imagine what he would be capable of in the future were his needs not met.
Elon Musk may have the ability to blackmail, or worse, influence American military operations abroad. For the moment he is working in concert with the Trump administration and Pete Hegseth’s Pentagon, and that is obviously not a good thing, but a far worse thing may be what happens in subsequent administrations.
If a Democrat was elected president would Musk not declare him an enemy of his ambition? Or would he use his unprecedented riches, and wield his technology, to serve the party out of power? One perhaps aligned with his xenophobic and racist dogma, and villainous designs on accumulating even more wealth and influence.
Everything about his track record is self, not society, centered – and this should alarm us all.”
https://noelcasler.substack.com/p/a-wolf-at-the-door