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Mayer Brown

Hong Kong Policy Address 2024 – Measures Affecting Rental Accommodation

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With the Government’s push to attract talents to Hong Kong in the past years, rental accommodation has become a hot topic in the city, whether under the auspices of student accommodation, talent housing, workers dormitories...more

BCLP

Hong Kong SAR Policy Address 2024: Foster Progress in Housing, Attracting Talent, Enhancing Culture, Tourism and Education

BCLP on

The Policy Address 2024 of Hong Kong was delivered by the Chief Executive on 16 October 2024 (the “Policy Address”). Among a series of reforms aimed at rejuvenating the city’s economy and enhancing residents’ livelihood, the...more

Cozen O'Connor

City-Led Atlantic Avenue Rezoning Application Enters Public Review

Cozen O'Connor on

On October 15, 2024, the New York City Planning Commission (CPC) certified the city-led Atlantic Avenue Mixed Use Plan (AAMUP, pronounced aim up) into public review. AAMUP seeks to rezone a low-density industrial stretch of...more

Bowditch & Dewey

Massachusetts Appeals Court Makes Clear in ‘Town versus Gown’ Controversy that “Public Dedication Doctrine Is Not Intended to...

Bowditch & Dewey on

Ending four years of litigation in consolidated cases filed by the Nahant Preservation Trust, Inc. (“Nahant”) and Northeastern University (“Northeastern” or “the University”), the Massachusetts Appeals Court determined that...more

King & Spalding

Schluss mit dem Schriftformmangel!

King & Spalding on

Wer in der deutschen Immobilienwirtschaft Transaktionen begleitet hat, dem ist das Schreckenswort „Schriftformmangel“ vertraut. Kein Due Diligence-Bericht zu den Mietverträgen eines Objekts, der dieses Thema nicht...more

Pillsbury - Gravel2Gavel Construction & Real...

Real Estate & Construction News Roundup (10/16/24) – Chevron Ruling’s Impact on Construction Industry, New Kind of Public Housing...

In our latest roundup, Hurricane Helene affects infrastructure, California Gov. Gavin Newsom signs bills aimed at renter protections, Federal Reserve kick-off rate-easing cycle, and more!...more

Greenberg Glusker LLP

Partner Craig Coan Featured in L.A. Times B2B Publishing's Real Estate Outlook Roundtable

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Real Estate Partner, Craig Coan, shared his insights about what’s next for L.A.’s resilient real estate sector. Below are excerpts from the L.A. Times B2B Publishing feature... Originally published in the Los Angeles Times -...more

Sheppard Mullin Richter & Hampton LLP

State of Conversion: Update on Adaptive Reuse and Conversion Legislation

Earlier this year, our article in the Spring 2024 issue of NAIOP Commercial Real Estate Development Magazine touched on some of the challenges of and tools for adapting underutilized commercial spaces and property for...more

Chartwell Law

Pa. Justices Vexed By Mall's Bid To Dodge Store's Legal Bill

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Chartwell’s Patrick Heffron recently argued before the Pennsylvania Supreme Court in Bass Pro Outdoor World LLC v. Harrisburg Mall Limited Partnership. The case revolves around the enforcement of a lease provision where...more

Burr & Forman

The Role of Brownfields in Economic Development: Turning Challenges into Opportunities

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Brownfields play a pivotal but often underappreciated role in economic development. These underutilized or abandoned industrial or commercial sites, often burdened with real or perceived contamination, represent both a...more

Downey Brand LLP

Alleged CEQA Abuse not Actionable under RICO Says Ninth Circuit

Downey Brand LLP on

In Relevant Grp., LLC v. Nourmand (9th Cir. Sep. 5, 2024, No. 23-55574) 2024 U.S. App. LEXIS 22559, the Ninth Circuit Court of Appeals narrowed the applicability of Racketeer Influenced and Corrupt Organizations Act (“RICO”)...more

Best Best & Krieger LLP

Landlord’s Checklist for Verizon’s $3.3 Billion Tower Deal With Vertical Bridge

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Verizon Wireless signed a $3.3 billion deal with Vertical Bridge, a growing cell site manager, to lease, operate and manage 6,339 of Verizon’s cell towers across the country. The deal exemplifies a growing trend in the...more

Cole Schotz

City of Yes Proposal Offers Increased Housing Development Opportunities

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For over a year now, the City of Yes (“CoY”) zoning update, which aims to bring back more flexibility and density in development across the City, has been a hot topic of conversation in the New York City development sphere....more

White & Case LLP

China’s real estate sector shows the beginning signs of recovery

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China’s real estate industry, which accounts for about a fifth of the country’s economic activity, according to IMF, has faced numerous headwinds over the past three years. These have ranged from a mismatch in supply and...more

Pullman & Comley, LLC

Forever Chemicals Present Significant Challenges for Commercial Real Estate

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In recent years, PFAS — or “forever chemicals” — have emerged as a major topic of concern for landowners, business owners and environmental and real estate professionals as regulators focus more attention on the management...more

Lowenstein Sandler LLP

When You Owe More Than It’s Worth: Depressed Valuations in the Real Estate Market

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Today on “Terra Firma: Conversations on Commercial Real Estate,” Stacey Tyler and Stephen Tanico speak with Harold Bordwin, principal and co-president of Keen-Summit Capital Partners, about recent depressed values in the real...more

Meyers Nave

AB 98 Enacts Statewide Standards for Logistics Use Warehouses

Meyers Nave on

On September 29, Governor Newsom signed Assembly Bill 98, a bill establishing warehouse design and build standards for new or expanded “logistics uses”, requiring cities and counties to update their circulation elements to...more

Sheppard Mullin Richter & Hampton LLP

A Deep Dive into AB 98’s Restrictions on the Logistics Industry: What the Bill Does and Does Not Do

Despite strenuous opposition from both the state’s real estate and business communities, near the end of the 2024 Legislative cycle, California Governor Gavin Newsom signed into law Assembly Bill 98 (“AB 98”) – a bill that,...more

Best Best & Krieger LLP

AB 98 Establishes Statewide Warehouse Design and Build Standards

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On September 29, 2024 Governor Gavin Newsom signed AB 98 into law, establishing various statewide warehouse design and build standards and requiring local governments to institute truck travel routes that minimize impacts on...more

Hogan Lovells

EXPO REAL 2024: Key Trends in the real estate sector

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Same procedure as every year after Wiesn: it’s Expo REAL time! Project developers, bankers, brokers, investors, owners and operators – and last but not least real estate lawyers, meet at EXPO REAL in Munich, Germany’s most...more

Proskauer - Tax Talks

No Money? No Problem: Recent IRS Favorable Guidance Regarding a REIT’s First Year

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On October 4, 2024, the Internal Revenue Service (the “IRS”) released Private Letter Ruling 202440007, which concluded that the lack of income and assets in the first taxable year of an entity that had elected to be treated...more

Hogan Lovells

UK Building Safety Act: new changes from an unlikely source

Hogan Lovells on

The Leasehold and Freehold Reform Act 2024 (LAFRA) was passed swiftly on the final day of the last Parliament. As well as introducing long promised changes to leasehold enfranchisement and banning new leasehold houses, it...more

Barnea Jaffa Lande & Co.

Tax innovations in Israel during 2024

Barnea Jaffa Lande & Co. on

Over the past year, alongside handling the economic repercussions of the war and issuing financial assistance to war victims and to evacuees, the courts, the legislative authority and the Israel Tax Authority continued their...more

Bowditch & Dewey

Is Your Close Corporation’s Real Estate Safe from Shareholder Claims of Ownership by Adverse Possession?

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In a case of first impression, the Land Court decided that shareholders of Massachusetts close corporations may acquire corporate real estate by adverse possession. In Szawlowski v. Szawlowski Realty, Inc., the Court...more

DarrowEverett LLP

[Webinar] Risk Mitigation Strategies When Drafting Commercial Real Estate Purchase and Sale Agreements - October 30th, 9:00 am PT

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Looking to take some of the worry out of commercial real estate transactions? Then we highly recommend that you join us for our upcoming webinar: Risk Mitigation Strategies When Drafting Commercial Real Estate Purchase and...more

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