Stroock Presents: GOAT Town, Episode 4: Office-to-Residential Conversions in NYC – Magic Bullet or Merely One Piece of the Puzzle?
Business Better Podcast Episode: Affordable Housing in Chinatown, Los Angeles: How To Better Serve Your Community
California CRE to Expand in 2022
How To Be A Project Advocate By Diffusing Adjacent Neighbor Tensions
Homebuilder Series Webinar: Joint Ventures Solutions, Steve Lear
New York recently adopted the Affordable Neighborhoods for New Yorkers (ANNY) Tax Incentive and the Affordable Housing from Commercial Conversions (AHCC) Tax Incentive programs, as well as a host of other new and modified...more
New York state has enacted changes in the housing laws that will have a significant impact on the development and operation of multifamily housing in New York City and the state, and will also ameliorate the effects of...more
The Department of Housing and Urban Development (HUD) recently announced the 2024 Area Median Income (AMI) and Rent Limits for counties statewide. These numbers are impactful on a number of levels, but are extremely important...more
Goulston & Storrs participated in the 9th Annual Build-to-Rent Forum (East) that took place on March 20-21 in Nashville, Tennessee. This conference focused on the latest trends and business strategies in build-to-rent housing...more
Governor Newsom recently approved multiple state housing bills passed by the State Assembly and Senate. The following is a summary of a few of the key bills that are expected to benefit multi-family, mixed-income housing...more
As an incentive to builders to create more rental housing units, the federal government has announced the effective elimination of the goods and services tax (GST) payable on newly constructed rental housing, such as...more
With the state facing a severe housing crisis, Governor Gavin Newsom signed a bill into law that will make it easier for universities and other housing developers to build housing and overcome lawsuits from local residents...more
MassHousing, Boston, Salem and Worcester have introduced novel programs using American Rescue Plan Act (ARPA) funds to create and preserve affordable housing following the U.S. Treasury’s Final Rule on Coronavirus State and...more
The 88th Regular Session (2023) of the Texas Legislature approved HB 2071 (the "Bill"), which revises the way public facility corporations ("PFCs") can be utilized to own and operate affordable housing. Affordable housing is...more
Settlement could bring thousands of new housing units to North San Jose after decade-long pause Bullet The Mercury News – May 20 For nearly a decade, San Jose had been paralyzed from building any new housing in a prime area...more
Venture capitalists piled record $4B into PropTech in Q1 Bullet The Real Deal – April 19 A record $4 billion of VC equity funding flooded into the PropTech sector in the first quarter of 2022 as “investor confidence” in the...more
Despite limited success for housing bills in the 2020 legislative session, 2021 should present opportunities for developers - Bullet Allen Matkins – December 21 - During the 2020 legislative session, many housing...more
On January 1, 2020, several housing-related bills recently signed into law by the Governor take effect. We will explain the upcoming changes in housing law through a series of updates. Our first update provided information...more
In 2007, the Miami-Dade County Board of County Commissioners adopted Ordinance No. 07-05, which created a voluntary Workforce Housing Development Program in order to encourage development of land available for residential use...more
What’s happened? The Government has issued new guidance to help councils grant planning permission for Build to Rent schemes. This is great news for Build to Rent developers as it should mean that permissions are granted...more
San Francisco wasted no time implementing AB 1505, which authorizes localities to adopt ordinances requiring developers to provide on-site inclusionary affordable housing units in rental projects, provided that there is an...more
Parkcrest Builders, LLC v. Hous. Auth. of New Orleans, 2017 U.S. Dist. LEXIS 125012 (E.D. La. August 8, 2017) - The Housing Authority of New Orleans (“the Authority”) contracted with Parkcrest Builders, LLC (“Parkcrest”)...more
The City of Charleston has changed the rules governing the Mixed Use Workforce Housing District Zoning Ordinance in an effort to further diversify housing opportunities for residents....more
On July 11, 2017, the San Francisco Board of Supervisors finally voted to adopt sweeping (and complex) changes to the City’s Inclusionary Affordable Housing program.....more
Local governments may not rely on zoning rules to prohibit renters in multi-family housing developments. Many local governments (and residents) prefer property owners living in their communities rather than tenants. This...more
Voters this week approved Measure JJJ, otherwise known as the Build Better L.A. initiative (the “Initiative”), which establishes new labor and affordable-housing requirements for developers in Los Angeles seeking...more