Florida voters pushed a controversial property tax break just over the finish line on Election Day despite warnings from local governments and police and firefighter associations that the proposal would eliminate billions of dollars used to fund public safety and other core services. Now comes the waiting period to see how local governments respond when they put their budgets together next year.
Voters on ballot questions across the country Tuesday broadly opposed building new data center projects, with Ohio voters enacting roadblocks to projects pitched by Amazon, Meta and others, in an electoral test for the buildout of artificial intelligence infrastructure.
Three months after a structural failure at a prominent office-to-residential conversion in New York City prompted a sweep of inspections, investors are pursuing such projects as actively as ever, though rising interest rates pose a fresh challenge, according to a real estate leader at Polsinelli PC.