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Real Estate Market Commercial Tenants

BCLP

Briefcase 2023 Quarter 4: Key Real Estate Cases and Updates

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High Court Weighs Up Landlord’s Redevelopment Plans With Tenant’s Security of Tenure in Business Lease Renewal - A landlord sought an immediately exercisable break in an unopposed business lease renewal to facilitate a...more

Partridge Snow & Hahn LLP

Downtown Office Conversion

“Your success in life isn’t based on your ability to simply change. It is based on your ability to change faster than your competition, customers and business.” — Mark Sanborn. This past July, Boston Mayor Michelle Wu,...more

K&L Gates LLP

Lay of the Land: Global Office Trends

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In our second episode of Lay of the Land, hosts Heather Horowitz, Jen McCosker, Christian Major, Tobias Gries, and Anna Amprimo discuss office asset market trends in the United States, Australia, the UK, Germany, and Italy....more

Coblentz Patch Duffy & Bass

2023 Reduction In Property Taxes (Prop 8)

Office vacancies have caused the values of Bay Area commercial real property to significantly decline in 2022. The value of real property that is used to determine the property tax assessment for the 2023-2024 fiscal year...more

Kohrman Jackson & Krantz LLP

Rising Vacancy Rates in Downtown Office Buildings May Cause Wave of Commercial Foreclosures

The COVID-19 pandemic has brought about significant changes in work dynamics, leading to a rise in vacant office buildings across the United States. Remote work arrangements and the adoption of flexible work models have...more

Kelley Drye & Warren LLP

Real Estate Industry Alerts Tracker - February 2021 Issue #2

New York Commercial Eviction and Mortgage Foreclosure Moratorium Extended - On January 27, 2021, Governor Andrew Cuomo issued Executive Order 202.92. The order extended the Governor’s initial COVID-19 disaster declaration...more

Kelley Drye & Warren LLP

Real Estate Industry Alerts Tracker - October 2020 Issue

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New York State Considering Extending Mortgage Tax to Mezzanine and Preferred Equity Financing - In January, the New York State Legislature introduced draft legislation (recently amended) that would impact mezzanine,...more

Kelley Drye & Warren LLP

Real Estate Industry Alerts Tracker - August 2020 Issue #2

New Jersey Mall Sues Tenant for Breaching Lease Provision to Remain Open - A prominent tenant in a major New Jersey shopping mall was sued by its landlord for refusing to re-open its space after New Jersey lifted its...more

Allen Matkins

Work-From-Home Environment Fuels Demand Uncertainty in Office Space Market

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Given the continuing pandemic, there is much uncertainty about how the experience of working from home will affect today’s office space market. The panelists' of the latest Allen Matkins/UCLA Anderson Forecast California...more

Kelley Drye & Warren LLP

Real Estate Industry Alerts Tracker - July 2020 Issue #2

Connecticut Governor Lamont Issues Executive Order Extending Certain Protections for Residential Renters During the Pandemic On April 10, 2020, Governor Lamont issued Executive Order No. 7X, which provided certain...more

ArentFox Schiff

What the District’s COVID-19 Response Legislation Means for the Real Estate Industry

ArentFox Schiff on

On June 8, 2020, Mayor Bowser signed the Coronavirus Support Congressional Review Emergency Amendment Act of 2020 (the Act), which the Council of the District of Columbia had unanimously approved on May 19, 2020. The Act is...more

Proskauer Rose LLP

Real Estate Loan Acquisitions – A Guide for Purchasers

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In light of significant deterioration in cash flows and asset values in many classes of real estate caused by the COVID-19 pandemic, many real estate lenders are finding some of their otherwise well-underwritten loans to be...more

Kelley Drye & Warren LLP

Real Estate Industry Alerts Tracker - May 8, 2020 Issue

New York State Extends Moratorium on Evictions - New York Governor Andrew Cuomo is extending the moratorium on commercial and residential evictions for another 60 days, until August 20, 2020. In addition to banning...more

Nossaman LLP

Court Decision Serves as Important Reminder on Crafting Lease Condemnation Provisions

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When entering into a lease agreement, parties rarely contemplate that the property may be subject to a future eminent domain proceeding. As a result, many times the condemnation provision in the lease is given little...more

Hogan Lovells

New Lease Code for Old

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The professional statement, “Code for leasing business premises”, published by the Royal Institute of Chartered Surveyors (RICS) incorporates the proposal for a new lease code. The consultation period in relation to this...more

Dickinson Wright

Can Tenants Challenge Property Tax Assessments?

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A recent New York case brought into question what had been accepted as a reality, can a tenant challenge the property tax assessment it must pay under the lease? As recognized by the Court, tenants are aggrieved persons under...more

Polsinelli

Surviving the Retail Shift: Part 4 of a 5 Part Series - Whose Property Is It? What to Do with Personal Property After a Tenant...

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As some retail tenants face failing business – or worse, have already shuttered their stores – shopping center owners and managers must deal with the aftermath. The wreckage of a failed retail business often includes the...more

Carlton Fields

Leasing Retail Stores in New York City

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New York City is a fascinating and dynamic retail market. It is also one of the most competitive and challenging, requiring a careful and methodical approach to leasing to avoid potential commercial and legal pitfalls. This...more

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