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New Tactics In The Data Center Wars: Incentives, Moratoriums

A rising tide of public opposition and scrutiny of artificial intelligence has culminated in several states repealing tax incentives for data centers and one state enacting the nation's first moratorium, prompting developers to look for friendlier pastures.

Exterior view of a high-rise's upper floors under construction, with art deco building in background

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.

Expert Analysis

AI-Fueled Pro Se Suits Pose Rising Risk For Lenders

Joseph Briggett

Harris v. Pinnacle Bank, a recently decided Mississippi federal court case, illustrates how pro se borrowers are u... (more story)

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)

Commercial More

Masonry Co. Owner To Pay $7.2M Over Amtrak Bribery Plot

The owner of an Illinois-based masonry contracting company who last year pled guilty to conspiring to bribe an Amtrak employee to get favorable contract terms for the renovation of Philadelphia's 30th Street S... (more story)

NYC Real Estate Week In Review

Wachtel Missry and Herrick Feinstein are among the law firms that assisted with the largest New York City real estate deals that hit public records last week, with a $100 million Manhattan transaction leading the way.

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)

Greystar Settles Out Of Kentucky's RealPage Antitrust Case

Kentucky has settled its antitrust claims against landlord Greystar Management Services LLC, which the state accused in federal court of using RealPage's revenue management software to engage in rent price-fixing.

NYC Building Owner Seeks $8.6M Ch. 11 Sale Approval

New York luxury property broker Ilan Bracha is under contract to buy a Manhattan mixed-use building in a bankruptcy for at least $8.6 million, after the death of a property owner in 2024 triggered a foreclosur... (more story)

4 Firms Steer Brookfield, CPP's $5.2B LXP Industrial Deal

Brookfield Asset Management and Canada Pension Plan Investment Board have agreed to acquire U.S. warehouse portfolio owner LXP Industrial Trust in an all-cash deal valued at about $5.2 billion, including debt,... (more story)

Wash. Owner Of Sites Gets 20 Months For $4.8M Tax Evasion

A commercial real estate owner who was convicted of tax evasion for concealing roughly $4.8 million in income from the IRS was sentenced to nearly two years in prison by a Washington federal judge.

Residential More

Apartment Manager Accused Of Denying Full Wages, Breaks

Greystar, the largest apartment management firm in the U.S., failed to pay hourly workers for off-the-clock labor and missed breaks, according to a proposed class action filed in Washington state court.

Lenders, Tech Cos. Seek Exit From Antitrust Suit

A group of mortgage lenders and software companies once again pushed for the dismissal of a proposed mortgage price-fixing class action filed by homeowners in Tennessee federal court, arguing that the claims s... (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)

Meridian Capital Lines Up $186M Luxury NJ Condo Loan

Meridian Capital Group has put together a $186 million construction loan deal for a 112-unit luxury condominium project in Asbury Park, New Jersey, the commercial real estate advisory firm announced.

Unstable NYC Building Promises Complex Claims Process

A structural failure that threatened a major collapse at a 37-story Manhattan building undergoing an office-to-residence conversion promises to trigger a complicated insurance claims process. Here, Law360 look... (more story)

Wells Fargo, Ocwen Seek Win In ERISA Suit 2nd Circ. Revived

Wells Fargo and Ocwen asked a New York federal judge for a pretrial win in a suit from union pension fund trustees accusing the companies of mishandling home loans tied to employee pension fund investments, af... (more story)

Mich. Appeals Panel Says Tax Sale Claims Must Follow Statute

The Michigan Court of Appeals has affirmed a lower court's dismissal of a suit brought by former property owners seeking the return of surplus proceeds from tax foreclosure sales, saying in a published opinion... (more story)