Dinsmore's Sam Hargitt on working with some of Indianapolis' top developers and investors
Business Better Podcast Episode: Distressed Office Buildings: A Look at Workout and Enforcement
Cornerstone Research Experts in Focus: Mark Garmaise
Navigating Legal Risk in Real Estate Development - Speaking of Litigation Podcast
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
Stroock Presents: GOAT Town, Episode 3, Part 2: “NYC's One-of-a-Kind Agency to Drive Economic Growth”
Can Office to Residential Conversions Help Revitalize Downtown? (Audio)
Developing Philly: The State of Philadelphia's Tax Abatements in 2022
Creative Reuse: The Opportunities and Challenges of Converting Office Space to Residential
Office-to-Apartment Conversions – A Good Idea, but Tricky to Pull Off (Audio)
Into the Future: Modern Partnerships in Health Care Construction Delivery
On-Demand Webinar | Living on the Edge: Managing Sea Level Rise in California
Law Brief®: David Pfeffer and Richard Schoenstein Discuss the Future of Offices
JONES DAY TALKS®: Tax Credits: The Original ESG Investment?
Law Brief: Urban Living After COVID-19
Volatile Times in Vapor Intrusion Regulation: A Legal and Technical Update
California CRE to Expand in 2022
Real Estate Developer Rights When Cities Demand Too Much
[WEBINAR] Advancing the Policy Discussion Around Housing
Osceola County and St. Cloud have proposed increases to some of their impact fees as further discussed in “Osceola County, St. Cloud, and Mt. Dora Propose Massive Increases to Impact Fees”. After hosting required public...more
The Office of the Deputy Mayor for Planning and Economic Development (DMPED) for the District of Columbia issued draft regulations effectuating the Housing in Downtown Tax Abatement (Abatement) on Jan. 26, 2024. The draft...more
The 2024 Florida Legislature is contemplating revisions to The Live Local Act (“Act”) which took effect on July 1, 2023. These changes are being considered in Senate Bill No. 328 and Florida House Bill No. 1239....more
Redevelopment agencies (RDAs) have held a rather infamous position in California history. While originally created to address urban decay (aka “blight”), generally speaking, RDAs developed into entities that wielded the...more
In April, the Ninth Circuit held that a city’s ban on new natural gas hookups for new construction was preempted by federal law. This may impact proposed or existing bans in Oregon including in Eugene and Bend, and in...more
On April 6, 2023, the Ontario government introduced a suite of legislative, regulatory, and policy proposals to tackle the housing supply crisis, including a new Provincial Planning Statement to streamline the rules around...more
BB&K’s New Law Guidance for a Well-Informed Start to 2023 - At the top of each new year, Best Best & Krieger LLP provides critical legal updates for public agencies and businesses based on new laws and court decisions from...more
As part of her 2023 State of State address, Governor Kathy Hochul announced a statewide strategy to address New York’s housing crisis by building 800,000 new homes over the next decade. The plan, dubbed as the “New York...more
On January 10, New York Governor Kathy Hochul announced The New York Housing Compact, a series of proposals to grow the housing stock across New York State. The Compact aims to build 800,000 new homes statewide over the next...more
If you acquired or built a senior living facility that is located in an opportunity zone, or are considering doing so, a recent bipartisan bill introduced in Congress proposes making changes to the opportunity zone rules. ...more
Both the Board of Forestry and the State Senate are considering changes to state fire regulations that would affect real estate development in California. The first set of changes can be found in the board’s proposed...more
After reviewing and responding to initial public comments, the Massachusetts Executive Office of Energy and Environmental Affairs (EEA) has issued its revised draft Massachusetts Environmental Policy Act (MEPA) Interim...more
On April 14, 2021, the Department of Treasury (“Treasury”) released proposed regulations (the “Proposed Regulations”) that, if adopted, would allow flexibility for qualified opportunity zone businesses (“QOZBs”) to revise or...more
On June 4, 2020, the Internal Revenue Service published Notice 2020-39 (Notice) which provides relief to qualified opportunity funds (QOFs) and their investors in light of the COVID-19 pandemic. Here is a summary, and more...more
The IRS has released 26 CFR Part 1, resolving questions regarding the five-year period to claim rehabilitation credits for qualified rehabilitation buildings (QRBs). Prior to the proposed regulation, practitioners were...more
On December 19, 2019, the Treasury Department released final regulations on the Qualified Opportunity Zone (QOZ) program first enacted in the Tax Cuts and Jobs Act of 2017. Final regulations provide additional safe harbors...more
On January 13, 2020, the Treasury Department and the Internal Revenue Service published final regulations (the “Final Regulations”) regarding “Qualified Opportunity Zones” (“QOZs”) and “Qualified Opportunity Funds” formed to...more
Almost exactly two years after enactment in the Tax Cuts and Jobs Act, Treasury has released final regulations on the Opportunity Zone (“OZ”) tax incentive. ...more
Costs for many office and laboratory projects in San Francisco are poised to increase. On November 5, 2019, the Board of Supervisors unanimously approved a proposed ordinance that would more than double the Citywide Jobs...more
Banks, builders, developers and all those active in commercial real estate, particularly in Maryland, D.C., and Virginia, should be closely following proposed new Treasury Department rules governing foreign investment in real...more
There are many complex and confusing aspects to the qualified opportunity zone (QOZ) program, and the treatment of Section 1231 gain is no exception. Internal Revenue Code Section 1231 applies to depreciable property and...more
1. Who Can Invest? U.S. or foreign investors and pass-through entities recognizing U.S. capital gains. 2. What Type of Capital Gain Qualifies? Long term and short term capital gains qualify. ...more
Qualified Opportunity Zone Businesses - BACKGROUND - In December 2017, as part of the Tax Cuts and Jobs Act (“TCJA”), Congress established a new tax incentive program to promote investment in certain low-income...more
Restoring accountability measures stripped during tax reform could be good news for those concerned about gentrification but may result in reputational risks and additional costs for OZ Funds - As we anticipated in our...more
This newsletter discusses recent key guidance releases, regulatory changes, noteworthy news and certain upcoming compliance deadlines. Topics include: - 10 Things You Should Know About Opportunity Zones - ILPA...more