News & Analysis as of

Redevelopment

Manatt, Phelps & Phillips, LLP

April 15, 2024: Deadline for up to 100% Property Tax Abatement—M-CORE Program

In 2023, the New York City Industrial Development Agency (NYCIDA), in partnership with the New York City Economic Development Corporation (NYCEDC), introduced a new tax incentive program known as the Manhattan Commercial...more

Kaufman & Canoles

K&C Sports & Entertainment Law Weekly Roundup - February 2024 #4

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The first person charged for violating a 2020 law that forbids conspiracies to taint international sports events through performance-enhancing drugs received a three-month prison sentence. Federal prosecutors used the...more

Venable LLP

Arlington Board’s Changes to Approval Practices Will Impact Arlington Commercial Real Estate

Venable LLP on

In February 2024, the Arlington County Board is expected to advertise significant changes to Arlington planning and zoning approval practices. In the second phase of the Commercial Market Resiliency Initiative (CMRI), the...more

Baker Donelson

Show Me the Money! Tap Into Tennessee's New and Expanded Programs to Encourage Redevelopment of Contaminated Properties

Baker Donelson on

Communities and developers now have the opportunity to tap into certain funds earmarked by the state specifically for brownfield redevelopment and to take advantage of certain incentive programs that apply to more brownfield...more

Holland & Knight LLP

Florida Legislature Amends Ban on Restrictive Development Requirements After Recent Hurricanes

Holland & Knight LLP on

Florida was hit by Hurricane Ian in September 2022 and Hurricane Nicole in November 2022, both of which caused severe damage to various parts of the state. In response to these disasters, the Florida Legislature enacted...more

Seyfarth Shaw LLP

White House Implements Plans to Facilitate Office-to-Residential Conversions

Seyfarth Shaw LLP on

Seyfarth Synopsis: With the cooperation of federal agencies such as the Department of Housing and Urban Development (HUD) and the Department of Transportation (DOT), the White House has established plans to use grants and...more

Kohrman Jackson & Krantz LLP

Federal Brownfields Incentives Program’s Triumphant Return

On November 16, 2023, Congressman Mike Turner (R-OH-10) and Mikie Sherill (D-NJ-11) reintroduced the bipartisan Brownfields Redevelopment Tax Incentive Reauthorization Act (H.R. 6438) (BRTIRA). BRTIRA is designed to provide...more

Bilzin Sumberg

4 Trends That Will Shape Florida Real Estate in 2024

Bilzin Sumberg on

As commercial real estate markets across the U.S. cope with rising costs and slowing demand, Florida has been a rare bright spot. The Sunshine State has welcomed a record number of people and businesses in recent years, and...more

Bilzin Sumberg

A Brief Introduction to Tax Increment Financing

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Tax Increment Financing (TIF) is a financing tool used by local governments to fund economic development projects. In Florida, TIF is most commonly associated with Community Redevelopment Agencies (CRAs), which have statutory...more

Nossaman LLP

Presentation at Right of Way Consultant’s Council Membership Meeting in Las Vegas

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The Right of Way Consultant’s Council Membership Meeting took place in Downtown Las Vegas on November 3, 2023.  Having previously presented an eminent domain topic at the 2022 Membership Meeting, Steven Silva from Nossaman’s...more

Morris, Manning & Martin, LLP

Benefits of Brownfield Redevelopment

While some developers are dragged reluctantly into redeveloping brownfields, others actively pursue these environmentally impacted properties in recognition of the advantages they can provide under the right circumstances....more

McGuireWoods LLP

Fairfax County, Virginia, Adopts Affordable Housing Preservation Guidelines

McGuireWoods LLP on

On Sept. 26, 2023, the Fairfax County Board of Supervisors adopted Affordable Housing Administrative Guidelines aimed at mitigating the loss of existing affordable units in connection with residential redevelopment projects....more

BCLP

The Long Term Implications of PFAS for Real Estate in the UK

BCLP on

Poly- and Perfluoroalkyl substances (“PFAS”) are widely present in soil and groundwater, and the negative human health consequences of this are starting to be understood. There are important implications for anyone with...more

Katten Muchin Rosenman LLP

Five Things of Note From This Year's TIF Conference in Chicago

The Illinois Tax Increment Association held its fall conference at the end of September in Chicago. Always a great chance to gather with and learn from attorneys, financial advisors, lenders, developers, urban planners and...more

McGuireWoods LLP

Arlington County Final Langston Boulevard Area Plan

McGuireWoods LLP on

Arlington County released an updated draft Langston Boulevard Area Plan (Plan Langston Boulevard) on Sept. 28, 2023. Plan Langston Boulevard envisions the long-term redevelopment of Langston Boulevard into a mixed-use...more

Bricker Graydon LLP

Intensive Care for Hospital Finances: Economic Development Tools

Bricker Graydon LLP on

Like many industries across the nation, Ohio’s hospitals are experiencing tight margins, rising costs, and increased demands for medical services. In Ohio, local governments have the power to administer economic...more

Goulston & Storrs PC

Reimbursement for Remediation: Massachusetts Brownfields Tax Credits Program Extended

Goulston & Storrs PC on

Today Governor Maura Healy signed legislation extending the eligibility deadlines for the Massachusetts Brownfields tax credits program by five years. The legislation had been included in the budget bill, which had recently...more

Coblentz Patch Duffy & Bass

What We’re Reading, Watching, and Listening to: August 2023

A roundup of news and multimedia from the Unfamiliar Terrain team: San Francisco San Francisco isn’t doomed. These 6 places show why (S.F. Chronicle):  The City is not without its current challenges but, for most of...more

Farella Braun + Martel LLP

Downtown San Francisco Adaptive Reuse Legislation Slated To Go Into Effect

As we alerted you on May 9, legislation to incentivize office and commercial building conversions to housing had begun working its way through the Board of Supervisors after approval by the San Francisco Planning Commission....more

Hogan Lovells

Dividing opinion: UK Secretary of State refuses M&S Oxford Street scheme against Inspector’s advice

Hogan Lovells on

Last week saw the Secretary of State’s much anticipated call-in decision on the proposals by Marks and Spencer to demolish and rebuild its flagship store at the Marble Arch end of Oxford Street, London. Against the...more

Warner Norcross + Judd

New Brownfield Redevelopment Law Amendments in Michigan

Warner Norcross + Judd on

On July 18, 2023, Governor Gretchen Whitmer signed a series of bills that will dramatically update the state’s brownfield redevelopment laws to allow the use of tax increment financing for housing projects on brownfield sites...more

Greenbaum, Rowe, Smith & Davis LLP

An Overview of Amendments to the New Jersey Aspire Program

What You Need to Know- •The New Jersey Aspire Program has been amended to incentivize developers seeking to close project financing gap costs associated with commercial, mixed use, and residential real estate development...more

BCLP

Briefcase 2023 Quarter 2: Key Real Estate Cases and Updates

BCLP on

In this quarter’s edition, we cover cases concerning continuing nuisance, business lease renewals, “subject to contract” and misrepresentation. We also tell you about the new Renters (Reform) Bill recently introduced to...more

Coblentz Patch Duffy & Bass

Legislation to Incentivize Commercial to Residential Adaptive Reuse Projects Moves Forward

At the June 13, 2023 Board of Supervisors hearing, the “Commercial to Residential Adaptive Reuse and Downtown Economic Revitalization” legislation was introduced. The legislation would amend various Planning Code sections to...more

Bilzin Sumberg

2023 Legislature Responds with Condominium “Glitch Bill”

Bilzin Sumberg on

Contributing Factors to Condo Terminations - A Blog Series - On June 9, 2023, Governor DeSantis signed Senate Bill 154 (“SB 154”) into law. This was the highly anticipated “glitch bill” to address technical issues with...more

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Updated: Dec 28, 2021:

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Privacy Officer
JD Supra, LLC
150 Harbor Drive, #2760
Sausalito, CA 94965

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Privacy Officer
JD Supra, LLC
150 Harbor Drive, #2760
Sausalito, CA 94965

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Updates to This Policy

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Contacting JD Supra

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