News & Analysis as of

Commercial Property Owners State and Local Government

Vorys, Sater, Seymour and Pease LLP

The Evaluator - Winter 2025: Ohio Property Tax Updates

The Legislative Changes to HB 126 Introduced in 2024 Were Not Enacted Into Law - In 2024, there were two separate efforts by the Ohio legislature to amend House Bill 126 (HB 126) to address and clarify issues that have...more

DarrowEverett LLP

High Rhode Island Property Tax Assessment? Here's What to Do Next

DarrowEverett LLP on

With Rhode Island municipal revaluations of property going into effect for the 2025 tax year, many homeowners and business owners are beginning to explore their options on challenging the new assessment, as most assessments...more

Pullman & Comley - For What It May Be Worth

Public Hearing on Connecticut Eminent Domain, Property Tax, Land Use Bills

On Monday, March 10, 2025, the Connecticut General Assembly’s Planning and Development Committee held a public hearing on the following eminent domain, property tax and land use bills of interest to the business community...more

Ward and Smith, P.A.

Owning Real Property Near Military Bases: Considerations for Buying, Selling, and Developing Land in an AICUZ

Ward and Smith, P.A. on

You have found the perfect spot for a new neighborhood, office complex, or retail center—only to discover it's within an Air Installations Compatible Use Zone (AICUZ). Suddenly, noise levels, building heights, and safety...more

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

95th Arkansas General Assembly/Commercial Renewable Energy Facilities: Legislation Introduced Addressing Agricultural Impact...

House Bill 1525 has been introduced by Representative Steimel and Senator Irvin which would add a Subchapter 9 to Arkansas Code Title 18, Chapter 11, titled: Agricultural Impact Remediation Agreements....more

Ballard Spahr LLP

Seattle Passes Bill to Incentivize “Office-to-Residential” Conversions

Ballard Spahr LLP on

The Seattle City Council passed Council Bill 120937 on February 11, 2025, aimed to encourage developers and commercial property owners to convert underutilized commercial properties into residential housing. Set to take...more

Pullman & Comley - For What It May Be Worth

Connecticut Property Tax Bills to Get Public Hearings

Two of the Connecticut General Assembly's most influential committees are holding public hearings this week on the following property tax bills of note...more

Lowndes

Governor DeSantis Aims to Eliminate Florida Commercial Rent Sales Tax by 2027

Lowndes on

As part of the proposed $115.6 billion state budget for fiscal year 2025-26, Governor DeSantis has outlined a plan to eliminate Florida's longstanding commercial rent sales tax. This proposal continues Florida's tax reduction...more

Farrell Fritz, P.C.

2024 ASIE Filing Deadline Approaches for Nassau Commercial Property Owners

Farrell Fritz, P.C. on

On Monday, February 3rd, 2025, the filing period will commence for Nassau County commercial property owners to submit their 2024 Annual Statement of Income & Expense (“ASIE”). The “ASIE” forms must be filed by owners of...more

Farrell Fritz, P.C.

New York City's FY26 Tentative Tax Roll: Insights, Trends, and What Property Owners Need to Know

Farrell Fritz, P.C. on

Every January, the City of New York releases its annual tentative tax roll based upon Department of Finance (“DOF”) valuations for each property in the five boroughs. Unless successfully challenged, these valuations are the...more

Cole Schotz

Blogs | Environmental Coming This Summer! NJDEP’s New Climate Regulations Will Affect More Than The Jersey Shore

Cole Schotz on

The New Jersey commercial real estate industry is preparing for big statewide permitting changes slated to come into effect this summer. Under its controversial Resilient Environments and Landscapes (“REAL”) Rule, aimed to...more

Allen Matkins

Sustainable Development and Land Use Update October 2024 #3

Allen Matkins on

A bid to bolster eviction protections for San Francisco’s oldest neighborhood businesses won key approval last Tuesday as city leaders contemplate a sweeping rezoning plan that stands to boost building height limits along...more

Steptoe & Johnson PLLC

Standard Versus Enhanced Exemptions Understanding the City of Pittsburgh's Proposed LERTA Exemption Ordinance

The City of Pittsburgh, in an attempt to stem the tide of collapsing real estate tax revenues from downtown Pittsburgh commercial properties, is on the verge of passing an ordinance creating a tax exemption authorized by...more

Venable LLP

[Webinar] Emerging Trend: Building Performance Standards in the U.S. - April 11th, 12:00 pm - 1:00 pm ET

Venable LLP on

Building Energy Performance Standards (BEPS) are energy performance requirements that existing buildings must meet over time. This is a tool to decarbonize buildings through reduced energy use and emissions. These programs...more

Brownstein Hyatt Farber Schreck

Energy Mandates Could Squelch Colorado’s Already-Struggling Real Estate Industry

Commercial and multifamily residential property owners throughout Colorado will have to contend with aggressive new energy reduction mandates—and the onerous costs and deadlines that come with them....more

Goodwin

Why Hotels Are Turning to C-PACE Financing to Drive Sustainable Development

Goodwin on

Over the past few years, environmental, social, and governance (ESG) principles have played a more prominent role than ever in the way real estate investors, property owners, and lenders invest in and develop commercial real...more

Holland & Knight LLP

Inflation Reduction Act Offers a Variety of Green Building Tax Incentives

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The IRS is currently in the process of implementing the Inflation Reduction Act of 2022 (IRA), which addresses energy, tax and health policy. According to the U.S. Environmental Protection Agency (EPA), "The Inflation...more

Davidoff Hutcher & Citron LLP

E-Bike Regulations – What You Need To Know!

The NYC Fire Department has attributed the cause of many recent fires, some fatal, to overheating lithium-ion batteries (“LIBs”) used in e-bikes and similar electrically powered personal conveyances (generally, “e-bikes”)....more

Shutts & Bowen LLP

Florida Preliminary Injunctions Must Merely Preserve the Status Quo

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In a recent case, Florida’s Second District Court of Appeal offered a reminder that the fundamental—and limited—purpose of a preliminary injunction is to maintain the status quo....more

Miller Canfield

How Michigan's New Assignment of Rents Act Affects Commercial Tenants

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The Michigan Uniform Assignment of Rents Act (MUARA) will take effect on September 22, 2022, and has important implications for a tenant's rights. If a tenant's landlord defaults on its loan, to whom must the tenant pay rent,...more

Miller Canfield

Foreclosure Does Not Extinguish Assignment of Rents

Miller Canfield on

Previously, we alerted you that Michigan had passed its version of the Uniform Assignment of Rents Act (MUARA). Among other things, this law clarifies that an assignment of rents is not extinguished by a foreclosure sale...more

Buckingham, Doolittle & Burroughs, LLC

Ohio Real Property Tax – Ohio severely restricts school districts’ rights to challenge property values

Recently-enacted HB 126 significantly alters the rights and procedures for local school districts (among other government entities) to contest property valuations for real property taxes. The changes described below will...more

Sands Anderson PC

Reasons Why a Real Estate Transaction with a Local Government May Take So Long

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When an Industrial Development Authority, sometimes called an Economic Development Authority (IDA/EDA), purchases or sells real property, the transactions look much like any transaction with any other entity landowner....more

Brownstein Hyatt Farber Schreck

How SB-293 and Prop 120 May Play Out on Your Bill

In the final days of the 2021 legislative session, the Colorado Legislature passed SB-293, intending to temporarily cut property taxes in a last-minute bipartisan attempt to address the anticipated increases in property taxes...more

Royer Cooper Cohen Braunfeld LLC

The Do’s and Don’ts of Leasing Medical Marijuana Dispensaries in Pennsylvania

Nearly five years ago, Pennsylvania Governor Tom Wolf signed into law Pennsylvania’s Medical Marijuana Act (Act 16). Since that time, the Pennsylvania Department of Health (DOH), the agency responsible for issuing licenses...more

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