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Office of Planning Introduces Phase 2 of IZ Xl to Apply to Non-Residential Conversions

The Office of Planning (“OP”) has introduced its second phase of proposed amendments to the Inclusionary Zoning (“IZ”) regulations intended to increase the applicability of IZ (“IZ XL”). Phase 2 of IZ XL, known as Z.C. Case...more

PPP2, Real Estate, and Tax Highlights of Year-end COVID-Relief Act (The Consolidated Appropriations Act, 2021)

The massive Consolidated Appropriations Act, 2021 (the “Act”), providing year-end COVID-19 relief, was signed into law by President Trump on Sunday, December 27, 2020. Among other changes, the Act extends and makes clarifying...more

Final Regulations Go Into Effect for CFIUS Jurisdiction Expansion

The U.S. Department of Treasury has issued final regulations, which became effective February 13, 2020, implementing the Foreign Investment Risk Review Modernization Act (FIRRMA)....more

CFIUS Jurisdiction over Real Estate Transactions Expanded: Foreign Investors Should Take Notice

The Trump administration continues to expand the powers of the US government to block foreign investment in the U.S. on national security grounds. In 1975, President Gerald Ford established the Committee on Foreign Investment...more

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