
NYC Official Talks Criminal Record 'Guardrails' In Housing
New York City implemented a law this year limiting how housing providers — including brokers, landlords and home sellers — can use criminal background checks in deciding whether to rent or sell property. JoAnn Kamuf Ward of the New York City Commission on Human Rights recently spoke to ¼«ËÙÈü³µ Real Estate Authority about the new law, a few months in.

It's Getting Harder To Be A Data Center Speculator
Opportunistic investors have discovered they can make a pretty penny selling land after securing power for a proposed data center. But utilities have found ways to weed out the speculators, such as requiring a seven-figure deposit up front.

More Than A Dozen Firms Guided Largest Q1 Hospitality Deals
A&O Shearman and Hengeler Mueller are among more than a dozen law firms that guided the 10 largest global hospitality mergers and acquisitions of the first quarter, all but one of which were announced in the first two months, prior to the ensuing March trade war escalations.
Commercial More
The Texas Supreme Court found that a farmland-centered real estate investment trust's suit against a Dallas-based hedge fund could continue, but in a Friday opinion it also said a bid to dismiss the suit under... (more story)
A group of Chinese investors have filed a proposed class action accusing a Washington-based migration agency and a real estate investment group manager of fraudulently raising $100 million from overseas invest... (more story)

The demand for office space is declining in the U.S., while office leases aren't being extended and utilization rate has slowed, according to an April report from commercial real estate research firm Yardi Matrix.
Tupperware looked for permission to end healthcare reimbursements for roughly 230 employees; Heritage Coal's owners asked a Delaware bankruptcy judge to allow the company to complete a permit transfer as part ... (more story)
Fried Frank Harris Shriver & Jacobson LLP advised a $350 million refinancing provided by Starwood Property Trust for Manhattan's 125 Greenwich supertall luxury condo tower.
An Oklahoma property owner cannot get revised coverage from two Travelers units for more than $1.1 million in claimed hail damage repairs, an Oklahoma federal court ruled, finding that after Travelers paid rou... (more story)
The Pennsylvania Supreme Court on Friday reversed a lower court decision that determined that two separated land parcels shouldn't be considered and valued as a single parcel that's used for a single unified purpose.
Residential More
The U.S. Securities and Exchange Commission on Friday sued the former chief financial officer of a Miami real estate development company for his role in orchestrating an alleged scheme that swindled approximat... (more story)
Fox Rothschild LLP announced Friday that it has added an attorney with experiencing advising condominium and cooperative boards, along with homeowners' associations, to its New York real estate department.

The Mortgage Bankers Association asked the U.S. Department of Housing and Urban Development to discard a set of environmental policies attached to federal multifamily loans since 2011, calling the rules obstac... (more story)
An insurer told a Georgia federal court that it doesn't owe coverage to a homeowner's association in a $10 million suit brought by a woman who said she was viciously attacked by her neighbor's dogs in part bec... (more story)
A coalition of nearly two dozen New Jersey municipalities has filed suit against state officials, arguing a provision of the state's affordable housing framework unfairly places all responsibility for building... (more story)
After the Consumer Financial Protection Bureau walked away from a similar case earlier this year, a proposed class action in Tennessee federal court accuses a Berkshire Hathaway-owned company of signing up cus... (more story)
A New York appeals court affirmed Thursday that multifamily landlord Pinnacle Group NY LLC and CEO Joel Wiener must arbitrate a dispute with Gibson Dunn & Crutcher LLP over a $1.75 million outstanding bill for... (more story)