News & Analysis as of

Office Space California

Stradling Yocca Carlson & Rauth

California Business Divorce: The Power of LLC Members to Ratify Past Actions Despite Defective Meeting Notices

Here’s What Happened This dispute arose from the operations of 409 North Camden, LLC, which owns a two-story office building in Beverly Hills. The property's history dates back to 1963, when six friends purchased it as...more

Coblentz Patch Duffy & Bass

What We're Reading, Watching, and Listening To: July 2024

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

Allen Matkins

Sustainable Development and Land Use Update 7.26.24

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San Diego made ambitious changes this Tuesday to the city’s blueprint for future growth to help prepare the city for climate change, speed up revisions to neighborhood zoning plans, and try to reverse racial segregation....more

Allen Matkins

Recently Effective & Pending State Housing Laws - 2024 Land Use, Environmental & Natural Resources Update

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Various state housing bills are currently making their way through the State Legislature that are expected to benefit mixed-income multifamily housing developers. The following summaries reflect the status of the legislation...more

Allen Matkins

Sustainable Development and Land Use Update 4.04.24

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Two bills proposed to modify the Builder’s Remedy are currently making their way through the State Legislature. As currently proposed, AB 1893 (Wicks) would (i) reduce the required percentage of (lower income) affordable...more

Allen Matkins

Pending AB 2011 Amendments Hold Promise For Housing Developers

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On March 19, 2024, Assemblymember Buffy Wicks introduced new amendments to pending Assembly Bill (AB) 2243, which would amend AB 2011 (operative as of July 1, 2023). As explained in our prior legal alert, AB 2011 provides for...more

Allen Matkins

Sustainable Development and Land Use Update 3.06.24

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Senate Bill (SB) 1227, introduced by Senator Scott Wiener on February 15, 2024, would help speed the recovery of downtown San Francisco by creating a new CEQA exemption for qualifying commercial, institutional, student...more

Allen Matkins

Sustainable Development and Land Use Update 11.09.23

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The Biden administration is launching a multi-agency effort to encourage states and cities to convert more empty office buildings into housing units, with billions of federal dollars available to help spur such transitions....more

Allen Matkins

Sustainable Development and Land Use Update 10.02.23

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The much-discussed push to revive downtown San Francisco by converting empty office buildings to housing is starting to gather momentum. Eight office building owners have responded to the city’s “request for information”...more

Coblentz Patch Duffy & Bass

2023 Reduction In Property Taxes (Prop 8)

Office vacancies have caused the values of Bay Area commercial real property to significantly decline in 2022. The value of real property that is used to determine the property tax assessment for the 2023-2024 fiscal year...more

Coblentz Patch Duffy & Bass

What We’re Reading, Watching, and Listening to: June 2023

A roundup of news and multimedia from the Unfamiliar Terrain team: San Francisco - The Luxury Shopping Oasis Emerging in San Francisco’s Struggling Downtown (Wall Street Journal): Although local foot traffic may be down,...more

Allen Matkins

2023 Land Use, Environmental, & Natural Resources Update

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In last year’s update, we provided an overview of federal and California regulatory actions designed to protect public health and the environment from the impacts of per- and polyfluoroalkyl substances (PFAS). These actions...more

Allen Matkins

Repurposing San Francisco Office Buildings: Pending State and Local Laws

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There has been a flurry of recent legislation to encourage the repurposing of underutilized office buildings, both on the state and local level. New legislation recently proposed in San Francisco would facilitate the...more

Coblentz Patch Duffy & Bass

What We're Reading, Watching, and Listening to: April 2023

A roundup of news and multimedia from the Unfamiliar Terrain team: San Francisco - S.F. housing production slows to crawl as state goals loom (San Francisco Chronicle): The Planning Department’s annual housing...more

Allen Matkins

Sustainable Development and Land Use Update - 3.29.23

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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

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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

Allen Matkins

Sustainable Development and Land Use Update - 3.01.23 #1

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Governor Gavin Newsom said he will work this year to reform a landmark state environmental law that he says has been weaponized by wealthy homeowners to block badly-needed housing for students at UC Berkeley....more

Allen Matkins

Sustainable Development and Land Use Update - 2.16.23 #2

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A consortium of San Francisco landlords and property owners filed a lawsuit last week challenging the city’s new tax on vacant residences as unconstitutional and a violation of state law. Proposition M, “The Empty Homes Tax,”...more

Allen Matkins

California’s Office Space Market Grapples with Economic Uncertainties More than Return-to-Work Disparities

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During the height of the COVID-19 pandemic, offices, stores, and factories across the country were closed and shuttered. Those who could work from home did, while those who couldn’t collected unemployment and wondered if life...more

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