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Akerman LLP

NYC Department of Finance Accepting FY 2025-2026 ICIP and ICAP Renewals Until January 5, 2025

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The New York City Department of Finance requires that properties receiving benefits under the Industrial Commercial Incentive Program (ICIP) and the Industrial Commercial Abatement Program (ICAP) must file a Certificate of...more

Lowndes

Drafting Hunting Leases: Key Considerations for Landlords

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As the fall hunting season approaches, Florida landowners may contemplate leasing their land to an individual or group for hunting purposes. For many owners, drafting such a specialized lease may be daunting, as they have to...more

DLA Piper

REIT Tax News - October 2024

DLA Piper on

Welcome to the October 2024 issue of REIT Tax News. Below, we take a look at five developments to read about in less than five minutes. 1. Loper Bright standard takes hold in Varian Medical case - In the landmark case of...more

Dickinson Wright

Court of Appeal Decides Fate of “Crypto King” $500,000 Deposit

Dickinson Wright on

In 2021, the self-proclaimed “Crypto King,” along with an associate, paid a $500,000 deposit to purchase a commercial real estate property to store their exotic car collection. The “Crypto King,” Aiden Pleterski, had...more

Blake, Cassels & Graydon LLP

ESG Clauses in Commercial Leases

Organizations now consistently include environmental, social and governance (ESG) factors in their policies, and the real estate sector is no exception. For stakeholders in the real estate sector, ESG factors are increasingly...more

Hogan Lovells

US: City of Yes for Housing Opportunity (October 2024 update)

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We have previously written about proposed changes to zoning regulations in New York City that are intended to spur the production of affordable housing; these changes are officially known as the "City of Yes for Housing...more

Hogan Lovells

Later Living: Perspectives from the UK and Europe - what are the key “need to knows” for investors in this sector?

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What are the key “need to knows” for real estate investors when investing in the later living sector in the UK, France and Spain? Given the trend towards an ageing population across Europe and beyond, later living is one of...more

Tonkon Torp LLP

Ninth Circuit Empowers Commercial Property Owners to Restrict Firearms

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Last month, in Wolford v. Lopez, the Ninth Circuit Court of Appeals issued a decision with implications on commercial property owners’ rights to restrict firearms on private property. Interpreting the U.S. Supreme Court’s...more

Freiberger Haber LLP

Caveat Emptor and Reasonable Reliance on Fraudulent Misrepresentations When Purchasing Real Property

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Today’s BLOG article relates to fraudulent concealment, caveat emptor and justifiable reliance when purchasing real property. As readers of this BLOG know, a “cause of action to recover damages for fraudulent...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Riparian Rights/Easement: Illinois Court Addresses Access Issue

An Illinois United States District Court (“Court”) addressed in a September 30th Order issues involving interpretation of riparian rights and easements. The issues arose in the context of Tuggers Burger & Ale House...more

Goulston & Storrs PC

Proposed Action Plan for Article 80 Modernization

Goulston & Storrs PC on

After an 18-month study process, the Boston Planning Department has released an Action Plan proposing strategies to modernize Boston’s development review process. The Planning Department is accepting comments on the plan...more

K&L Gates LLP

Who Knew? Some Leases Will Automatically Be ‘Destroyed' Simply Because the Land Being Leased Is Sold. If Potential Lease...

K&L Gates LLP on

We continue to be asked to explain how it is even possible that some leases can be ‘destroyed’ simply because the land being leased is sold. So, it is timely we revisit and explain this lease ‘destruction’ risk and how you...more

Lathrop GPM

Understanding Business Insurance in the Wake of Hurricane Helene

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Current reports estimate there will be over $5 billion in insured losses from Hurricane Helene, as the devastating hurricane tore through at least six states and has resulted in over 100 deaths since Thursday, September 26,...more

A&O Shearman

Navigating the uncertainties: the impact of the Renters' Rights Bill on institutional investors in the English private rental...

A&O Shearman on

Few would disagree that elements of the English rental sector are ripe for a reshape. The Renters' Rights Bill (the Bill) aims to equip vulnerable tenants paying for substandard accommodation with protection against the...more

Hogan Lovells

Beds and sheds – key financing considerations

Hogan Lovells on

In this article, we consider the key considerations for a lender when financing particular asset classes. We have focused for these purposes on those asset classes which we consider to be the most topical at the moment:...more

Allen Matkins

Sustainable Development and Land Use Update 10.3.24

Allen Matkins on

Governor Gavin Newsom has signed a controversial bill – Assembly Bill (AB) 98 – that will impact all warehouse developments, regardless of whether there are any sensitive receptors near the potential warehouse site....more

Lowndes

NAR Rule Changes and Their Impact on Buyers

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New rules from the National Association of Realtors (NAR), effective August 17, 2024, are reshaping real estate transactions. Stemming from a federal court ruling in October 2023, these changes aim to increase transparency...more

Goulston & Storrs PC

Different Sectors, Same Page

Goulston & Storrs PC on

I recently attended the IMN Distressed CRE Forum in New York, alongside my colleagues Brian Cohen, Zev Gewurz and Doug Rosner.  It was great to connect with and hear from people across many different places in the industry,...more

Lowndes

NAR Rule Changes and Their Impact on Sellers

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The real estate industry is experiencing significant changes following the implementation of new National Association of Realtors (NAR) rules, effective August 17, 2024. These changes, prompted by a federal court ruling in...more

Venable LLP

Arlington County Releases Guidance on Office Use Conversions

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Office Use Conversions in Arlington County got a step closer as the county released draft amendments to its zoning ordinance to implement the next phase of the county's Commercial Market Resiliency Initiative (CMRI). This...more

Tonkon Torp LLP

Compression—Oregon’s Lesser Known Property Tax Limit

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Your property may be subject to one of Oregon’s lesser-known property tax limits, and you may not even know it. Even better, it may be possible for you to take action to increase the likelihood that this limit will apply to...more

Buchalter

New California Law Impacts Leases to Certain Smaller Sized Tenants Including Translation Requirements and Limitations on Pass...

Buchalter on

Beginning on January 1, 2025, landlords of commercial properties – be they office, industrial or retail, will need to develop new procedures when entering into leases with a newly defined class of tenants, identified as...more

Pillsbury - Gravel2Gavel Construction & Real...

Real Estate & Construction News Roundup (10/1/24) – Hybrid Work Technologies, AI in Construction and the Market for Office...

In our latest roundup, commercial mortgage bond market in trouble, commercial real estate investments, pressure on mortgage REITs, and more!...more

Goulston & Storrs PC

Reminder To Draft Purchase And Sale Agreements With Care

Goulston & Storrs PC on

Somerville Off. Assocs. Ltd. P'ship v. Cresset Dev., LLC, 104 Mass. App. Ct. 1108 (2024). In Somerville Office Associates Limited Partnership v. Cresset Development, LLC, plaintiff Somerville Office Associates (“SOA”)...more

Bilzin Sumberg

Delivering the Key to the City: Special Considerations in City Hall P3s

Bilzin Sumberg on

A number of municipalities have recently issued, or are contemplating, competitive solicitations for public-private partnerships (“P3s”) to deliver new municipal facilities, typically as part of a transformative “town center”...more

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