News & Analysis as of

Vacant Properties State and Local Government

Allen Matkins

Changes to the California Environmental Quality Act Enacted in 2023 - 2024 Land Use, Environmental & Natural Resources Update

Allen Matkins on

This article summarizes some of the most significant amendments to the California Environmental Quality Act (CEQA) that were enacted in 2023. Some housing laws that relate to CEQA are discussed in the article, “Recently...more

Cozen O'Connor

Adams Administration Unveils the “City of Yes for Economic Opportunity Zoning Proposal”

Cozen O'Connor on

On June 13, 2023, the Adams administration announced the “City of Yes for Economic Opportunity” proposal. This proposal is intended to support small business growth and job creation through changes to the Zoning Resolution....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

Farrell Fritz, P.C.

Brookhaven Adopts Innovative Zoning Regulations to Foster Redevelopment of Vacant and Underutilized Commercial Properties

Farrell Fritz, P.C. on

In an effort to stimulate the revitalization of abandoned, vacant or underutilized commercial shopping centers, bowling alleys and health club properties, the Brookhaven Town Board recently voted to adopt a new zoning...more

Kramer Levin Naftalis & Frankel LLP

The Governor’s Proposed Commercial Conversion Initiative

On Jan. 19, 2021, Governor Andrew M. Cuomo proposed an amendment to Section 277 of the New York State Multiple Dwelling Law (MDL) that would “authorize flexibility in zoning to address high commercial vacancy rates and...more

Holland & Knight LLP

California Has New Pathway for Residential Use of Vacant Ground Floor Retail/Commercial Space - State Housing Law Allows "By...

Holland & Knight LLP on

For mixed-use multifamily/commercial buildings, ground floor retail is often sought by urban and city planners to serve the residential uses above and in the surrounding neighborhood, while endeavoring to activate the street...more

McGlinchey Stafford

Federal Agencies Extend Moratoriums Through the End of 2020

McGlinchey Stafford on

Two federal enterprises who purchase and securitize mortgages, Fannie Mae and Freddie Mac, along with three federal agencies who make, guarantee, and insure mortgage loans, the Department of Housing and Urban Development...more

Bricker Graydon LLP

Ohio returns to funding spec-based commercial & industrial development

Bricker Graydon LLP on

In 2020, Ohio’s development officials are again awarding grants to fund commercial and industrial development projects that don’t have known end users. JobsOhio is now in the midst of launching a $50 million per year grant...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Investment Property Exception to $10,000 Cap on Itemized Deduction for State and Local Property Taxes?

As it relates to individuals, one of the more controversial aspects of the 2017 revenue act (commonly referred to as the “Tax Cuts and Jobs Act") is the $10,000 cap on itemized deductions for state and local taxes. ...more

Partridge Snow & Hahn LLP

Mortgage Foreclosure Ordinances Preempted by Existing State Law

The Massachusetts Supreme Judicial Court (the “SJC”) recently decided that two mortgage foreclosure ordinances adopted by the City of Springfield were preempted by existing state law. In Easthampton Savings Bank v. City of...more

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