News & Analysis as of

Real Estate Development

Goulston & Storrs PC

Office of Planning Introduces First Phase of Amendments to Increase Inclusionary Zoning

Goulston & Storrs PC on

On January 18, 2021, the Office of Planning (“OP”) introduced its first set of proposed amendments to the Inclusionary Zoning (“IZ”) Regulations to increase inclusionary housing requirements, known as “IZ XL.”...more

Gray Reed

Mechanic’s Liens For Design Professionals: A Powerful Payment Collection Tool

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In these unprecedented times, every bit of revenue is critical to the continued operation of nearly every business operating within the construction industry. Fortunately, there are a myriad of remedies to aide collection...more

Dentons

Kazakhstan opens up opportunities for joint investment projects in construction

Dentons on

We expect that the changes below will have a positive impact on the development business in Kazakhstan and will offer new formats for joint activities in implementing construction projects by private investors....more

Lowndes

IRS Extends Much-Needed Opportunity Zone Relief

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This week, the IRS issued Notice 2021-10, which extends the June 4, 2020 relief that the IRS previously granted to opportunity zone investors and qualified opportunity funds (QOFs) in response to the ongoing COVID-19...more

Pillsbury - Gravel2Gavel Construction & Real...

Congress Establishes the 4% Floor to Support Affordable Housing

Legislation signed into law on December 27, 2020, fixed the rate for the 30% present value low-income housing tax credit (LIHTC), which had dropped to a historic low of 3.07 in 2020, at 4% (the 4% Floor). Congress hopes that...more

Jackson Lewis P.C.

Is the Real Estate Industry A Target For Cyberattacks?

Jackson Lewis P.C. on

No industry is immune to privacy and cybersecurity risks, and the real estate industry is no exception. Those in the real estate industry can protect against cyberattack by understanding the risks and vulnerabilities and...more

Dentons

Tax Reductions for Real Estate Transactions in Saudi Arabia

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From 4 October 2020, a new taxation regime applies to real estate transactions in Saudi Arabia. The new regime is set out in...more

Cole Schotz

New Class Of Certificate Of Occupancy Coming Soon To NYC

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At the end of last year, the New York City Council voted to approve Intro. 2033, legislation which will create a new class of certificate of occupancy: the Interim Certificate of Occupancy (“ICO”). The Department of Buildings...more

Pierce Atwood LLP

Massachusetts Makes Broad Changes to the Zoning Act

Pierce Atwood LLP on

Year after year, the Massachusetts Legislature considers bills to change General Laws Chapter 40A, or the Massachusetts Zoning Act. Many prior changes were fairly minor, but on January 14, 2021, Governor Charlie Baker signed...more

Holland & Knight LLP

D.C. Council to Address Rent Stabilization Program Reform and Expansion Amendment

Holland & Knight LLP on

Expanding and preserving affordable housing continues to be a top priority for the District of Columbia Council (D.C. Council) at the beginning of the new year. The impacts of COVID-19, particularly the associated job losses...more

Bricker & Eckler LLP

New “transformational mixed use development” state tax credits

Bricker & Eckler LLP on

Taxpayers can now access a new, nonrefundable insurance premium tax credit for capital contributions to certain “transformational mixed use developments” (TMUDs). Amended Substitute Senate Bill 39, a piece of legislation...more

Clark Hill PLC

Act 341 Amendments To Residential Builders Occupational Code Address When a Builder Needs a Residential Builder’s License

Clark Hill PLC on

Michigan’s Occupational Code (“Code”) requires builders of residential structures to be licensed as a "residential builder." Under the Code, the definition of “residential structure” is very broad and includes almost any type...more

Ward and Smith, P.A.

How to Determine Identity of the Declarant in Planned Community

Ward and Smith, P.A. on

The concept and designation of the "Declarant" arise from the formation of a planned community or a condominium. When the developer declares land to restrictions described in a "Declaration" for a planned community or a...more

Dentons

Ontario second state of emergency - Impact for the construction industry

Dentons on

On January 12, 2021, the Government of Ontario (Government) declared a second state of emergency since the onset of the COVID-19 pandemic (Pandemic). The emergency was declared pursuant to section 7.0.1 of the Emergency...more

Farrell Fritz, P.C.

The Duty to Disclose Third-Party Offers Amidst Buy-Out Negotiations, Revisited

Farrell Fritz, P.C. on

In 2011 and 2012, the New York Court of Appeals decided a series of difficult cases addressing the circumstances under which a contractual waiver or release included in a buyout or other agreement between co-owners of closely...more

Hogan Lovells

Ten CIL lessons 2020

Hogan Lovells on

We are now – thankfully – firmly out of 2020 and in the hands of 2021. Although reviewing the past year may not initially seem an appealing prospect, it is nonetheless a worthwhile one. ...more

Allen Matkins

Sustainable Development and Land Use Update - January 2021

Allen Matkins on

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

Dentons

Brexit: Key issues for Real Estate

Dentons on

The UK left the EU on 31 January 2020. However, under the agreement on the UK's withdrawal from the EU, the UK continued in most respects to be treated as if it were still part of the EU until 31 December 2020. Now that this...more

Dentons

Legal issues for UK construction businesses (UPDATED)

Dentons on

Our latest articles on recent issues and news affecting UK construction businesses. Brexit – and the new trade and cooperation agreement - The UK exits the EU and the end of the Transition Period - The UK ceased to...more

Pillsbury Winthrop Shaw Pittman LLP

The Corporate Transparency Act and New Compliance Obligations for Real Estate Developers, Investors, Fund Sponsors and Others

One portion of the National Defense Authorization Act creates a federal beneficial ownership registry, with reporting requirements for corporations, LLCs and “other similar entities.” The Corporate Transparency Act creates...more

Holland & Knight LLP

D.C. Council Chairman Introduces Comprehensive Plan Amendment Act of 2020

Holland & Knight LLP on

The District of Columbia's urban planning and land use goals will be an early order of business for the Council of the District of Columbia (D.C. Council) in the new year. On Jan. 4, 2021, Chairman Phil Mendelson introduced...more

McGuireWoods LLP

Evaluation of Potential Historic Resources in Reston Continues Along With Possible Policy Implications

McGuireWoods LLP on

An ongoing study of Reston, Virginia, could lead to the establishment of additional historic designations at the federal, state and county levels across the community. A survey commissioned through a Virginia Department of...more

Dentons

New and proposed legislation, December 2020 (UK construction focus)

Dentons on

Our construction team's regular guide to new and proposed legislation that will affect the UK construction industry. Parts of this update were published in Construction Law magazine's "State of Play" table, number 255 on 1...more

Farrell Fritz, P.C.

“Know thy enemy”: The Importance of Identifying Proper Defendants in Land Use Litigation

Farrell Fritz, P.C. on

When commencing an action or proceeding challenging a land use approval, it is critical that the plaintiff/petitioner identify all parties having an interest in both the approval itself and the real property to which it...more

Nutter McClennen & Fish LLP

CCA Benefits Low-Income Housing Projects

The Consolidated Appropriations Act, 2021 (the CCA) became law this past Sunday. The CCA has several features of interest to the low-income housing community. 4% Deal Floor: The 4% low-income housing tax credit is worthy of...more

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JD Supra Privacy Policy

Updated: May 25, 2018:

JD Supra is a legal publishing service that connects experts and their content with broader audiences of professionals, journalists and associations.

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Links to Other Websites

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Information for EU and Swiss Residents

JD Supra's principal place of business is in the United States. By subscribing to our website, you expressly consent to your information being processed in the United States.

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You can make a request to exercise any of these rights by emailing us at privacy@jdsupra.com or by writing to us at:

Privacy Officer
JD Supra, LLC
10 Liberty Ship Way, Suite 300
Sausalito, California 94965

You can also manage your profile and subscriptions through our Privacy Center under the "My Account" dashboard.

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California Privacy Rights

Pursuant to Section 1798.83 of the California Civil Code, our customers who are California residents have the right to request certain information regarding our disclosure of personal information to third parties for their direct marketing purposes.

You can make a request for this information by emailing us at privacy@jdsupra.com or by writing to us at:

Privacy Officer
JD Supra, LLC
10 Liberty Ship Way, Suite 300
Sausalito, California 94965

Some browsers have incorporated a Do Not Track (DNT) feature. These features, when turned on, send a signal that you prefer that the website you are visiting not collect and use data regarding your online searching and browsing activities. As there is not yet a common understanding on how to interpret the DNT signal, we currently do not respond to DNT signals on our site.

Access/Correct/Update/Delete Personal Information

For non-EU/Swiss residents, if you would like to know what personal information we have about you, you can send an e-mail to privacy@jdsupra.com. We will be in contact with you (by mail or otherwise) to verify your identity and provide you the information you request. We will respond within 30 days to your request for access to your personal information. In some cases, we may not be able to remove your personal information, in which case we will let you know if we are unable to do so and why. If you would like to correct or update your personal information, you can manage your profile and subscriptions through our Privacy Center under the "My Account" dashboard. If you would like to delete your account or remove your information from our Website and Services, send an e-mail to privacy@jdsupra.com.

Changes in Our Privacy Policy

We reserve the right to change this Privacy Policy at any time. Please refer to the date at the top of this page to determine when this Policy was last revised. Any changes to our Privacy Policy will become effective upon posting of the revised policy on the Website. By continuing to use our Website and Services following such changes, you will be deemed to have agreed to such changes.

Contacting JD Supra

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How We Use Cookies and Other Tracking Technologies

We use cookies and other tracking technologies to:

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Controlling and Deleting Cookies

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Updates to This Policy

We may update this cookie policy and our Privacy Policy from time-to-time, particularly as technology changes. You can always check this page for the latest version. We may also notify you of changes to our privacy policy by email.

Contacting JD Supra

If you have any questions about how we use cookies and other tracking technologies, please contact us at: privacy@jdsupra.com.

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