Stroock Presents: GOAT Town, Episode 4: Office-to-Residential Conversions in NYC – Magic Bullet or Merely One Piece of the Puzzle?
Business Better Podcast Episode: Affordable Housing in Chinatown, Los Angeles: How To Better Serve Your Community
California CRE to Expand in 2022
How To Be A Project Advocate By Diffusing Adjacent Neighbor Tensions
Homebuilder Series Webinar: Joint Ventures Solutions, Steve Lear
The California Legislature has continued to refine the Density Bonus Law over the years, making important updates to housing laws that impact developers across the state. Recent legislative changes include key updates on...more
Leveraging Public Land to House Government Employees - I previously wrote about the use of government-owned land as one potential approach to help address South Florida’s housing affordability crisis. The lack of...more
Major residential condominium construction has seen a decade-plus lull, due in part to an onerous warranty statute applicable only to condos. The Washington State Legislature significantly changed that statute in 2019, and...more
There is a new tax incentive program in New York that in essence renews the now-expired 421-a program, but developers must file right away—by December 14, 2024—to gain these benefits....more
With the influx of business investment into West Virginia, there is both excitement and a recognized need for housing to meet current and future demand. A renewed focus on economic development by the state of West Virginia...more
California law requires cities and counties to regularly plan for new housing development and to prepare and adopt housing elements that formalize these plans. For those cities and counties that fail to adopt housing elements...more
The Live Local Act (Act), originally passed on March 29, 2023, was modified by SB328 on May 16, 2024. While the Act has been heralded as a solution to Florida’s affordable housing shortage, it has faced roadblocks since its...more
On June 27, 2024, the California First District Court of Appeal affirmed the denial of a writ petition challenging the City of Lafayette’s determination that a 12-unit residential condominium building qualified for the Class...more
City of Los Angeles - Increase to Planning Applications and Affordable Housing Linkage Fees - On July 1, 2024, the fee for planning and land use applications increased by 3.5% based on the Consumer Price Index for All Urban...more
On July 12, 2024, a bipartisan bill was introduced in the U.S. House of Representatives titled the “Revitalizing Downtowns and Main Streets Act” (H.R. 9002) (the “Bill”), which, if enacted, will provide an investment tax...more
A roundup of news and multimedia from the Unfamiliar Terrain team: San Francisco - S.F.’s Stonestown to become west side’s largest residential development in 50 years (SF Chronicle): The plan to convert the Stonestown...more
Many in the real estate industry refer to a type of development known as a “land condominium,” but the term is typically not codified in state statutes or local ordinances. So what is a land condominium? How is it different...more
New York City recently amended the City Environmental Quality Review (CEQR) regulations to exempt small residential developments from environmental review. The regulations, called "Green Fast Track for Housing," seek to...more
As expected, on June 28, the California Department of Housing and Community Development (HCD) determined that San Francisco has not made adequate progress toward its State-mandated housing production goal. The City’s Housing...more
This newsletter explores the emerging legal topics and issues affecting the condominium and cooperative services industry. Thought-leading attorneys from Moritt Hock & Hamroff’s Condominium and Cooperative Services Practice...more
In a bid to incentivize the development of affordable housing, New Jersey has implemented a significant policy change. Effective from the tax year beginning on January 1, 2025, the state now offers accelerated depreciation...more
A roundup of news and multimedia from the Unfamiliar Terrain team: San Francisco - Ultra Wealthy Are Putting Money Behind Bets on San Francisco’s Comeback (Bloomberg): Big investments in City businesses and real...more
Osceola County, City of St. Cloud, and City of Mt. Dora are all set to vote on proposed increases to impact fees that, if approved, will substantially increase the cost of development in these jurisdictions. Below is...more
Meadow Wood LLC v. City of Brockton, 230 N.E.3d 1065 (Mass. App. Ct. 2024) - The Massachusetts Appeals Court recently interpreted G. L. c. 41, § 81P, which governs “approval not required” endorsements....more
Developers who create residential subdivisions in Florida are typically obligated to form a homeowners’ association (HOA) to govern the community. Mandated by permitting authorities like counties, cities, and water management...more
Colorado’s General Assembly passed two bills this legislative session dedicated to improving the state of affordable housing in Colorado. HB24-1316 and HB24-1434 aim to supplement the State’s oversubscribed affordable housing...more
To address the ongoing need for affordable housing in New York, Governor Hochul and the state legislature have passed additional incentives to spur affordable housing development....more
A roundup of news and multimedia from the Unfamiliar Terrain team: San Francisco - Small and Mighty: How small businesses can reinvent downtown San Francisco (SPUR Policy Brief): SPUR’s research, drawn from a...more
New York state has enacted changes in the housing laws that will have a significant impact on the development and operation of multifamily housing in New York City and the state, and will also ameliorate the effects of...more
Last month, we delved into the fundamentals of zoning as they relate to developers and builders. Now, let’s take a deeper dive into specialized zoning topics that merit closer examination....more