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
Various state housing bills are currently making their way through the California State Legislature that are expected to benefit mixed-income multifamily housing developers. The following summaries reflect the status of the...more
AB 2243 (Wicks) amended AB 2011 effective January 1, 2025. As explained in our prior legal alert, AB 2011 provides for “by right” streamlined ministerial (i.e., no CEQA) approval of qualifying mixed-income and affordable...more
SB 684 and SB 1123 (Caballero) expand the Starter Home Revitalization Act to further facilitate the construction of “starter” home projects consisting of up to 10 dwelling units (not exceeding an average of 1,750 net...more
Senate Bill (SB) 937 (Wiener) went into effect on January 1, 2025. SB 937 eases the financial burden on residential developers by prohibiting local agencies from imposing fees on specified residential development projects...more
Governor Gavin Newsom on March 14 praised Assemblymember Buffy Wicks (D-Oakland) and Senator Scott Wiener (D-San Francisco) for sponsoring two bills (SB 607 and AB 609) that would streamline housing development in urban...more
In part five of the Housing New Law series from Best Best & Krieger LLP (BBK), important new housing legislation for 2025 related to tribal housing, housing authorities and other bills impacting city housing programs. Below...more
In part two of the Housing New Laws series, Best Best & Krieger LLP (BBK) attorneys provide key analyses of new housing legislation in 2025 addressing governing urban lot splits and two unit projects, accessory dwelling units...more
The San Francisco Board of Supervisors has approved a resolution amending the city’s planning code to encourage the conversion of commercial buildings into housing. The amendment will remove select fees and application...more
Vacancy rates across the state are showing improvement, particularly in San Francisco, which reflects California’s housing shortage. Demand also remains strong, and supply is growing, suggesting confidence in the sector...more
In response to San Diego’s current housing shortfall and related socio-economic conditions, the City Council has approved several changes to the city’s existing Complete Communities infill development initiative. These...more
During the summer of 2023, the California Department of Housing and Community Development (HCD) released its updated Statewide Determination Summary for Senate Bill (SB) 35. In its report, HCD determined only 7% of California...more
In a decision partially published on November 30, 2022, Save Lafayette v. City of Lafayette, the First Appellate District Court of Appeal upheld the City of Lafayette’s approval of the Terraces of Lafayette (the “Project”), a...more
The Winter 2023 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey revealed some interesting trends in California CRE markets. Most notably, some of the optimism expressed in recent surveys has...more
In response to the tragic balcony collapse that killed seven students in Berkeley in 2015, Governor Jerry Brown approved Senate Bill No. 721 on September 17, 2018. The bill, commonly referred to as the “Balcony Inspection...more
With the turn of the year comes ill-fated resolutions, needed but annoying rain, and a slew of new legislative enactments coming into effect. While commercial real estate is not typically a hotbed for legislative activity,...more