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Cozen O'Connor

“City of Yes for Housing Opportunity” Approved by the City Council

Cozen O'Connor on

On December 5, 2024, the New York City Council approved with modifications the NYC Department of City Planning’s (DCP) City of Yes for Housing Opportunity, the third and final of Mayor Adams’ City of Yes initiatives. The new...more

Allen Matkins

Sustainable Development and Land Use Update - 5.16.24

Allen Matkins on

Assembly Bill (AB) 3068 (Haney, Quirk-Silva, and Wicks) would provide for the streamlined ministerial (i.e., no CEQA) approval of qualifying adaptive reuse projects involving the conversion of an existing building to...more

Cole Schotz

Navigating the NYS 2024/2025 Executive Budget and Its Impact on NYC Multifamily Housing (Part 2 of 4)

Cole Schotz on

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

Clark Hill PLC

Will Commercial Real Estate Sink or Swim in 2024?

Clark Hill PLC on

In 2024, we anticipate that the commercial real estate industry will continue to face distress with some stabilization. This alert focuses on three subsets of the commercial real estate market: retail, office, and...more

Allen Matkins

Critical State Housing Laws Approved by Governor Newsom

Allen Matkins on

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

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

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