极速赛车

Commercial

  • July 30, 2025

    Rising Star: Jones Day's Garrett Gibson

    Garrett Gibson of Jones Day has notched several wins in notable construction cases, including a high-stakes dispute between a major contractor for the oil and gas sector and a petrochemical manufacturer in Texas, earning him a spot among construction law practitioners under age 40 honored by 极速赛车 as Rising Stars.

  • July 30, 2025

    Terreno Unloads Fla. Industrial Portfolio For $82.3M

    Industrial real estate firm Terreno Realty Corp. said it has sold a portfolio of industrial properties in Doral, Florida, for $82.3 million.

  • July 30, 2025

    Cherry Hill Mortgage Adds New GC from NorthMark

    Real estate investment trust Cherry Hill Mortgage Investment Corp. announced that it has appointed a new general counsel who joins the company following a five-year stint at investment firm NorthMark Strategies.

  • July 30, 2025

    RealPage, Landlords Ask To Toss NJ's Antitrust Case

    RealPage and a group of building owners urged a New Jersey federal court to toss a case brought by state enforcers accusing them of scheming to use software to raise rents, calling it one in a series of "baseless" lawsuits that fails to allege there was any kind of conspiracy.

  • July 30, 2025

    Ore. Clarifies Info Disclosure For Enterprise Zone Tax Breaks

    Oregon specified which of a business's records are exempt from disclosure when applying for an enterprise zone property tax exemption and clarified eligibility requirements under a bill signed by the governor.

  • July 30, 2025

    DLA Global Real Estate Leader Eyeing Data Center Investment

    As investment funds reach the ends of their life cycles and have capital that must be deployed, funds are looking to pour that capital into U.S. data centers, among other asset classes, one of DLA Piper's global real estate leaders recently told 极速赛车 Real Estate Authority.

  • July 30, 2025

    Calif. Residents Urge Justices To Take Up Jury Trial Question

    A group of Humboldt County, California, property owners is urging the U.S. Supreme Court to take up the group's appeal over the dismissal of its Seventh Amendment claim for a jury trial in a suit against the county alleging the county wrongly targeted the owners for illegal cannabis growth, saying the justices should reject the county's argument that the question is not ripe.

  • July 30, 2025

    Blackstone, Rudin Employees Among Victims Of NY Shooting

    A Blackstone real estate executive and an employee of property owner Rudin Management were among those killed in a mass shooting at a Midtown Manhattan office building on Monday.

  • July 29, 2025

    REIT Shareholders File 'Improper Lending' Suit Against Execs

    Two Arbor Realty Trust Inc. shareholders hit several of the real estate investment trust's executives, including its president and CEO Ivan Kaufman, with a derivative suit on Tuesday alleging they made the REIT use "improper lending practices" that saddled the company "with a severely distressed loan portfolio."

  • July 29, 2025

    Mass. Tax Board Cuts Lowe's Property Valuation For 3 Years

    A Lowe's store in Massachusetts was overvalued by town assessors for three years and is due reductions in property tax, the state's Appellate Tax Board said.

  • July 29, 2025

    Whitman Breed Says $6.5M Lease Current Despite Atty Exits

    A member of Connecticut law firm Whitman Breed Abbott & Morgan LLC on Tuesday testified that all payments are current under a $6.5 million lease governing its Greenwich headquarters, disputing a landlord's bid for a $3.8 million asset freeze to ensure future payments amid a wave of attorney exits.

  • July 29, 2025

    Meet The Retired Michigan Federal Judge Joining JAMS

    Sean F. Cox, the retired chief judge of the U.S. District Court for the Eastern District of Michigan who was part of the mediation team in Detroit's municipal bankruptcy, has joined聽alternative dispute resolution services provider JAMS.

  • July 29, 2025

    Verizon Inks Lease For HQ Move To Vornado's Penn 2 Tower

    Vornado Realty Trust on Tuesday said telecommunications company Verizon will move its New York headquarters to the landlord's office tower above Penn Station.

  • July 29, 2025

    Calif. Allows Retroactive Tax Exclusion For Solar Property

    California will allow the purchaser of a new property聽a three-year window to apply for a property tax exclusion for solar energy systems under a bill signed by Gov. Gavin Newsom.

  • July 28, 2025

    EXp Holdings Accused Of 'Bad Faith Inaction' In Del. Suit

    An attorney for stockholders of real estate brokerage eXp World Holdings Inc.聽told Delaware's chancellor Monday the company's response to long-running sexual assault allegations was an example of "bad faith inaction" rather than good faith responses.

  • July 28, 2025

    LuxUrban Investor Suit Over Post-IPO Business Trimmed

    A New York federal judge trimmed a shareholder class action accusing LuxUrban Hotels Inc.聽and two of its executives of misleading investors about the company's financial reporting and partnerships with other property owners, saying investors have not adequately alleged that the executives knew about the misstated financials.

  • July 28, 2025

    CREXi Wants CoStar's Copyright Claims To Wait

    Commercial Real Estate Exchange Inc. is asking to put CoStar's copyright infringement claims against it on hold so they can be tried alongside its recently revived antitrust claims against the property listing rival.

  • July 28, 2025

    Okla. Buys GEO Group Correctional Facility For $312M

    Oklahoma paid $312 million to The GEO Group Inc. to take over the for-profit prison operator's correctional facility in Lawton, the company announced Monday.

  • July 28, 2025

    Insurer Must Cover Runoff Settlement, Auto Co. Says

    An automobile auction company told a Texas federal court that a Liberty Mutual unit must indemnify a settlement reached over underlying claims that the company caused storm water runoff in neighboring properties when it cleared several parcels of land for car and machinery storage.

  • July 28, 2025

    NYC Real Estate Week In Review

    Goodwin and Perkins Coie are among various law firms that landed work on the largest New York City real estate deals that hit public records last week, a period that saw a trio of nine-figure deals become public.

  • July 28, 2025

    Neb. Tax Board Backs Assessment Of Vacant Commercial Lots

    A Nebraska county correctly valued three vacant commercial lots at a combined $540,000, despite the owners' claim that the parcels were purchased for a fraction of that amount, the state Tax Equalization and Review Commission said.

  • July 28, 2025

    Attys Behind Pot Biz Say No Default In $60M Loan Suit

    A pair of attorneys with Loevy & Loevy have urged a New York federal court to throw out a lawsuit alleging they defaulted on and redirected funds from $60 million in loans for a cannabis development, saying a federal judge in New Jersey found in a related case that there was no default.

  • July 28, 2025

    Texas Resolution Seeks Vote On Lower Property Value Limits

    Texas would ask voters if the state should amend its constitution to authorize lower limits on the maximum appraised value of residence homesteads and of real property other than homesteads for tax purposes under a joint resolution filed in the state House of Representatives during a special session.

  • July 28, 2025

    Gibson Dunn Steers $462M Loan For Luxury Midtown Property

    A Brookfield Properties entity borrowed a more than $462 million loan for The Crown Building, a luxury mixed-use Midtown Manhattan property in a deal guided by Gibson Dunn LLP, according to official property records.

  • July 25, 2025

    Law Firm Can't Reshape Retrial In $26M Malpractice Case

    A Brooklyn federal judge refused to change the parameters of upcoming retrial proceedings that could put Wachtel Missry LLP on the hook for a much greater share of a $26 million verdict for a former partner's alleged financial exploitation of an elderly client.

Expert Analysis

  • Plugging Gov't Leaks Is Challenging, But Not A Pipe Dream

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    As shown by ongoing legal battles involving New York City Mayor Eric Adams and Sean 鈥淒iddy鈥 Combs, it鈥檚 challenging for defendants to obtain relief when they believe the government leaked sensitive information to the media, but defense counsel can take certain steps to mitigate the harm, says Kenneth Notter at MoloLamken.

  • A Legal Perspective On NYC's Retail Real Estate Evolution

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    As New York City's retail market begins to show signs of resilience after the challenges of recent years, landlords must be cognizant of legal implications from shifting trends toward shorter-term leases and pop-up stores, says Andrea Gendel at Pryor Cashman.

  • What Interest Rate Cuts Mean For Housing Markets

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    The Federal Reserve's recent reduction of interest rates may provide limited immediate relief for real estate sectors, but offers potential opportunities for commercial real estate investors and construction firms, which now face an environment ripe for new projects, say attorneys at Cozen O'Connor.

  • How CFIUS' Updated Framework Affects Global Investors

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    The recent change to the monitoring and enforcement regulations governing the Committee on Foreign Investment in the United States will broaden administrative practices around nonnotified transaction investigations, increase the scope of information demands from the committee and accelerate its ability to impose mitigation on parties, say attorneys at Simpson Thacher.

  • Foreclosing Lenders Still Floating In Murky Legal Waters In NY

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    The New York foreclosure landscape remains in disarray after the state's highest court last month declined to weigh in on whether legal changes from 2022 that severely curtailed lenders' ability to bring successive foreclosure cases were retroactive, says Brian Rich at Barclay Damon.

  • NYC Hotel Licensing Law's Costs May Outweigh Its Benefits

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    A hotel licensing bill recently approved by New York's City Council could lead to the loss of many nonunionized hotels that cannot afford to comply, says Stuart Saft at Holland & Knight.

  • Calif. Ruling Offers Hope For Mitigated Negative Declarations

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    In Upland Community First v. City of Upland, a California appeals court upheld a warehouse development's mitigated negative declaration over its greenhouse gas emissions thresholds 鈥 a rare victory against this type of challenge providing reassurance that such declarations can be upheld, say attorneys at Sheppard Mullin.

  • There's No Crying In Property Valuation Baseball Arbitration

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    The World Series is the perfect time to consider how the form of arbitration used for settling MLB salary disputes 鈥 in which each side offers competing valuations to an arbitrator, who must select one 鈥 is often ideal for resolving property valuation disputes, say Sean O鈥橠onnell at Herrick Feinstein and Mark Dunec at FTI Consulting.

  • Webuild Ruling Complicates Arb. Award Enforcement In US

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    A Delaware federal court's recent decision in Sociedad Concesionaria Metropolitana de Salud v. Webuild, if read literally, could undercut the United States' image as a proarbitration jurisdiction by complicating creditors' efforts to enforce awards against property in this country, says Jeff Newton at Omni Bridgeway.

  • How To Avoid A Costly CPA Limitation Hidden In Most Leases

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    The lease audit rights clause is a seemingly innocuous provision in most commercial real estate leases that ends up costing tenants millions of dollars each year, as they have unwittingly agreed to retain only an accountant to investigate and settle financial issues, says Jason Aster at KBA Lease Services.

  • Navigating FEMA Grant Program For Slope Fixes After Storms

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    In the aftermath of Hurricanes Helene and Milton, it is critical for governments, businesses and individuals to understand the legal requirements of the Federal Emergency Management Agency's grant programs to obtain funding for crucial repairs 鈥 including restoration of damaged infrastructure caused by landslides and slope failures, says Charles Schexnaildre at Baker Donelson.

  • Smith's New Trump Indictment Is Case Study In Superseding

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    Special counsel Jack Smith鈥檚 recently revised Jan. 6 charges against former President Donald Trump provide lessons for prosecutors on how to effectively draft superseding indictments in order to buttress or streamline their case, as necessary, says Jessica Roth at Cardozo Law School.

  • Consider Best Legal Practices For Commissioning Public Art

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    Commissioning public art for real estate projects can provide many benefits to real estate developers and the public, but it's important to understand the unique legal and contracting aspects of the process to ensure that projects are completed on time and on budget, says Sarah Conley Odenkirk at ArtConverge.