Google co-founder Sergey Brin offloads massive stake in NYC real estate for pennies on the dollar 51.1%
Fox Business - By James Cirrone - 7/1/2026, 6:40 PM
Unattributed Quote 28.3% - Negativity Bias 24% - Post Hoc (False Cause) 22.1%
Months before New York City approved a historic two-year rent freeze, Google co-founder Sergey Brin quietly exited a struggling real estate fund at a steep loss. In December, Brin sold his stake back to A&E Real Estate, the fund's manager, for six cents on the dollar, according to documents obtained by Bloomberg. The fund holds 5,900... more