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Attorneys Size Up Woes At Old Pfizer Building

While city agencies investigate the cause of a structural failure at the old Pfizer building, New York City's largest office-to-residential conversion, attorneys assess whether it could impact the conversion market and the potential for legal liability. The developer, MetroLoft, has faced lawsuits at other conversions.

Housing Bill Becomes Law Without Trump's Backing

A bipartisan bill to promote more housing supply and limit Wall Street firms from investing in single-family homes became law Saturday by default after President Donald Trump withheld his signature but did not veto the measure.

The U.S. Treasury Department opened the nomination process on July 1 for the designation of eligible locations for the reworked opportunity zone tax incentive, which is now permanent and includes enhancements for rural communities.

What To Know About The Opportunity Zones 2.0 Rollout

The second phase of the federal opportunity zones program, often referred to as OZ 2.0, will differ from the program's initial iteration in key ways that present unique legal considerations for developers of projects in held-over zones, according to attorneys.

Expert Analysis

How Litigants Are Testing Conversion Therapy Ruling's Scope

Anwar Graves, Lauren Weinstein and Simon Hedlin

Litigants are already using the U.S. Supreme Court’s recent Chiles v. Salazar ruling, which applied strict scrutin... (more story)

Occupier Contract Strategies For Locking In Expansion Rights

Josh Winefsky

In a market defined by record-setting demand, shrinking availability and rising rents, large commercial office occ... (more story)

Del. Dispatch: The New 'Director Independence' Definition

Gail Weinstein, Steven Epstein and Philip Richter

The Delaware Court of Chancery's recent decision in Ayers v. Foley, its first interpretation and application of "d... (more story)

Commercial More

DOJ Clears Tech Brokerage Real's $880M Re/Max Deal

The U.S. Department of Justice has terminated its review of the Real Brokerage's planned $880 million purchase of Re/Max Holdings, allowing the technology-focused real estate brokerage to move ahead with the deal.

After Skadden Exit, Latham Guides Silverstein On NYC Tower

Silverstein Properties has broken ground on its new supertall tower at 2 World Trade Center that will serve as American Express' global headquarters, and Latham & Watkins is guiding the developer, following a ... (more story)

Two people in suits shake hands
4 Firms Guide $1.2B Self-Storage REIT Merger

Two real estate investment trusts sponsored by SmartStop Self Storage REIT Inc. affiliates have agreed to a $1.2 billion all-stock merger that's being advised by Nelson Mullins Riley & Scarborough LLP, Venable... (more story)

Travel + Leisure Buys 2 Businesses For Combined $343M

Kirkland & Ellis LLP-advised Travel + Leisure Co. on Wednesday revealed that it closed its acquisition of Yes& Vacations, while simultaneously announcing a separate deal to acquire Spinnaker Resorts for a comb... (more story)

Mich. Judge Lets Church Demolition Suit Move Ahead

A Michigan federal judge will allow part of a lawsuit against Trowbridge Township to move forward, dismissing two of the four counts brought by a man who claims the township demolished a historic church after ... (more story)

Minn. Tax Court Right On $108M Building Value, Justices Told

The Minnesota Tax Court operated within its discretion to give 80% weight to Hennepin County's appraisal of a Minneapolis office building and 20% to the owner's, the county told the state Supreme Court, urging... (more story)

Daniel Gale Promotes Seasoned Real Estate Atty As CLO, COO

Daniel Gale Sotheby's International Realty has promoted its general counsel Carol A. Dunning to be its new chief legal officer and chief operating officer in its Cold Spring Harbor, New York office, the real e... (more story)

Residential More

'Bind Our Agency': Vought Urges House To Curb CFPB Powers

The Consumer Financial Protection Bureau's acting Director Russell Vought told a U.S. House of Representatives panel Wednesday that the agency shouldn't "exist in its current form," urging lawmakers to further... (more story)

Zillow Brass Sued By Investors Over Redfin Noncompete Deal

Executives and directors of online real estate marketplace Zillow have been hit with a shareholder derivative suit accusing them of allowing the company to enter into an anticompetitive agreement with rival Re... (more story)

Beige and white manufactured homes with small lawns and stairs that lead to the porch and front door stand along a street lined with tall trees on a sunny day
Housing Law Backs New Models For Manufactured Housing

A newly passed federal law is making it possible to reimagine how manufactured housing is built in the U.S. Cozen O'Connor partner Thomas Casparian spoke with Law360 Real Estate Authority about the changes the... (more story)

Ex-Ga. Housing Authority Exec Hit With Wire Fraud Charges

The U.S. Department of Justice accused a former Georgia housing authority executive director and a contractor of defrauding the agency in a $2.5 million wire fraud scheme that involved no-bid contracts, filing... (more story)

Judge Won't Revive Feds' $24M Tax Case Against NC Couple

A North Carolina federal judge refused to reconsider his decision that the federal government's bid to collect on what it claimed was a couple's $24 million tax bill came too late, saying the government failed... (more story)

Pa. Energy Co. Accused Of 'Massive' Leak Into Neighborhood

Pennsylvania-based Monroe Energy LLC has been hit with a putative class action in the Philadelphia County Court of Common Pleas alleging that its negligence in maintaining a gasoline storage facility resulted ... (more story)

Greystar Hit With Housing Voucher Bias Complaints

Housing Rights Initiative has filed multiple administrative housing discrimination complaints against major residential landlord Greystar Worldwide LLC alleging Greystar repeatedly rejected prospective tenants... (more story)