News & Analysis as of

Office Space State and Local Government

Allen Matkins

Sustainable Development and Land Use Update 4.04.24

Allen Matkins on

Two bills proposed to modify the Builder’s Remedy are currently making their way through the State Legislature. As currently proposed, AB 1893 (Wicks) would (i) reduce the required percentage of (lower income) affordable...more

Ballard Spahr LLP

Five Things Every Office Building Owner (and Its Lender) Should Consider

Ballard Spahr LLP on

The drumbeat of the challenges facing almost every corner of the office building market should be loud and clear to owners and lenders. For some, the current situation is dire, while for others it will likely worsen in the...more

Allen Matkins

Sustainable Development and Land Use Update 10.02.23

Allen Matkins on

The much-discussed push to revive downtown San Francisco by converting empty office buildings to housing is starting to gather momentum. Eight office building owners have responded to the city’s “request for information”...more

Holland & Knight LLP

SBA Extends Moratorium on Bona Fide Office Requirements for 8(a) Construction Contracts

Holland & Knight LLP on

The U.S. Small Business Administration (SBA) announced on Aug. 21, 2023, that it was extending its moratorium on the application of the "bona fide office" requirements for construction contracts under its 8(a) Business...more

Cozen O'Connor

New York Note – Traffic Mobility Review Board, City of Yes, Outdoor Dining

Cozen O'Connor on

Traffic Mobility Review Board- The Traffic Mobility Review Board held their second meeting last Thursday. They discussed a variety of possible exemptions, including “cross credits” for drivers who paid bridge or tunnel...more

Cozen O'Connor

Adams Administration Announces Three New Initiatives to Spur Office-to-Residential Conversions

Cozen O'Connor on

On August 17, 2023, Mayor Eric Adams and Chair of the New York City Planning Commission Dan Garodnick announced three initiatives to assist in creating much-needed housing. The proposals focus on easing the process for...more

Allen Matkins

2023 Land Use, Environmental, & Natural Resources Update

Allen Matkins on

In last year’s update, we provided an overview of federal and California regulatory actions designed to protect public health and the environment from the impacts of per- and polyfluoroalkyl substances (PFAS). These actions...more

Allen Matkins

Repurposing San Francisco Office Buildings: Pending State and Local Laws

Allen Matkins on

There has been a flurry of recent legislation to encourage the repurposing of underutilized office buildings, both on the state and local level. New legislation recently proposed in San Francisco would facilitate the...more

Allen Matkins

Sustainable Development and Land Use Update - 3.29.23

Allen Matkins on

San Francisco leaders have a new plan to make it easier for developers to convert office buildings to housing downtown and in swaths of SoMa and Union Square....more

Allen Matkins

What California CRE Market Sectors Should Anticipate in 2023 and Beyond

Allen Matkins on

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

Allen Matkins

Sustainable Development and Land Use Update - 3.01.23 #1

Allen Matkins on

Governor Gavin Newsom said he will work this year to reform a landmark state environmental law that he says has been weaponized by wealthy homeowners to block badly-needed housing for students at UC Berkeley....more

Cozen O'Connor

NYC Task Force Issues Recommendations for Residential Conversion of Unused Office Space

Cozen O'Connor on

This week, New York City’s Office Adaptive Reuse Task Force released a study calling on the city and New York State to loosen regulations preventing the conversion of older office stock into much-needed housing....more

Shutts & Bowen LLP

What to Expect Next in the Post COVID-19 Real Estate Market

Shutts & Bowen LLP on

The pandemic has significantly impacted the real estate sector. With a surge in the number of employees who work from home, the demand for office space has softened. At the same time, growth in e-commerce has exploded,...more

Seyfarth Shaw LLP

Massachusetts Reopening Guidance Updated For Several Sectors

Seyfarth Shaw LLP on

Seyfarth Synopsis: As Massachusetts has entered Step 1 of Phase 3, the Commonwealth has updated its reopening guidance for several sectors, including office spaces, lodging providers, laboratories, restaurants, manufacturing,...more

Coblentz Patch Duffy & Bass

SF’s Proposition E Links Office Allocation to Housing Production

On March 3, San Francisco voters will consider Proposition E (“San Francisco Balanced Development Act”), which links the City’s “Proposition M” office allocation scheme, originally approved by voters in 1986, to affordable...more

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