Commercial

  • June 09, 2025

    Feds Argue Koi Nation's Historic Ties Justify Calif. Land Trust

    The Interior Department is looking to dismiss a challenge to its decision to take 70 acres into trust for a proposed tribal hotel and casino project in Sonoma County, California, telling a federal court that the Koi Nation has a significant historical connection to the site.

  • June 09, 2025

    NYC Real Estate Week In Review

    Hunton Andrews and Keusch Law are among the firms that guided the largest New York City real estate deals that hit public records last week, with a nine-figure Manhattan matter leading the way.

  • June 09, 2025

    3 Firms Guide Blackstone Stake, Refi At Trophy NYC Tower

    Blackstone has acquired a $1.4 billion, 46% stake in Fisher Brothers' 1345 Avenue of the Americas tower in a transaction advised by Fried Frank Harris Shriver & Jacobson LLP, Paul Hastings LLP and Dechert LLP.

  • June 09, 2025

    Iowa Expands Property, Sales Tax Breaks For Data Centers

    Iowa expanded property tax and sales and use tax breaks for data centers to include leased facilities under legislation signed by the governor.

  • June 06, 2025

    Justices Won't Hear Obama Center Site Selection Complaints

    The U.S. Supreme Court on Friday declined to consider claims that federal agencies failed to complete a full environmental review of plans to construct the Obama Presidential Center in Chicago's Jackson Park neighborhood.

  • June 06, 2025

    LA Fitness Beats DOJ's ADA Suit, For Now

    A California federal judge tossed the U.S. Department of Justice's lawsuit Friday alleging LA Fitness did not accommodate disabled patrons, ruling the government failed to allege a pattern or practice of discrimination or put the gym chain on notice of claims the attorney general determined are of public importance.

  • June 06, 2025

    Wyo. Landowners' Attys Score $5M From Anadarko Deal

    A Wyoming federal judge awarded more than $5 million in attorney fees and expenses Friday to attorneys for a class of landowners that accused an oil extraction company of hoarding permits to block oil and gas projects.

  • June 06, 2025

    Willkie Atty's Ex-Landlord Says NY Post Leak Wasn't His Idea

    A Willkie Farr & Gallagher LLP partner's onetime landlord asked for a pretrial victory in a federal feud with his former tenants, telling a Connecticut court Friday he did not participate in his ex-attorney's leak of unflattering allegations about A. Mark Getachew and his wife to the New York Post.

  • June 06, 2025

    Judge Skeptical Of Changes To Sticky's Chicken Ch. 11 Plan

    A New York bankruptcy judge expressed concerns Friday about the scope of modifications that Sticky's, a popular chicken restaurant chain, made to its already-confirmed Chapter 11 plan once it found a buyer that would avoid a liquidation, saying she expects to call the parties back Monday to share her decision on the new version.

  • June 06, 2025

    Orthodox Family Files $50M Bias Suit Against Country Club

    An Orthodox Jewish family has filed a $50 million lawsuit against a Boca Raton, Florida, country club for allegedly suspending them after the father posted a viral social media video of him helping an Instagram personality wrap tefillin — a traditional Jewish prayer ritual — on the golf course.

  • June 06, 2025

    NJ Panel Revives Contract Row Between Pot Co., Landlord

    A New Jersey state appeals court on Friday revived a Paterson property owner's suit against a would-be dispensary and its principals alleging they broke a deal to share profits from the dispensary, finding that the trial court wrongly conflated the contract's requirement for local approval with a cannabis license.

  • June 06, 2025

    11th Circ. Limits Easement Tax Break Tied To Failed Project

    A Georgia partnership that formed after the failure of a resort development and donated a conservation easement in exchange for a tax break cannot take an $8.9 million deduction for the property's fair market value because the land was considered inventory, the Eleventh Circuit said Friday.

  • June 06, 2025

    LA Fire Victims Say AAA, USAA Left Many Unable To Rebuild

    California homeowners accused AAA and USAA of systematically undervaluing the replacement cost of their homes all while advertising adequate coverage and financial security, telling a state court that many cannot now afford to replace or rebuild their homes following the wildfires in Los Angeles earlier this year.

  • June 06, 2025

    Husch Blackwell Adds 2nd Real Estate Partner In A Month

    Husch Blackwell LLP hired a Cozen O'Connor shareholder as real estate partner for its real estate, development and construction team in its Dallas and Minneapolis offices, making this the firm's second real estate partner hiring since May, the firm announced.

  • June 06, 2025

    Bilzin Sumberg Guides $21M Miami Opportunity Zone Sale

    Bilzin Sumberg Baena Price & Axelrod LLP advised Malaysian gaming company Genting Group on the $21 million sale of a downtown Miami development site to an opportunity zone fund from two real estate attorneys.

  • June 06, 2025

    Greenberg Traurig Adds Clifford Chance Private Funds Atty

    Greenberg Traurig LLP said Friday that it has added Daniel F. Rayner to its corporate private funds group from Clifford Chance LLP.

  • June 06, 2025

    Conn. Appeals Court OKs Tax Penalty For Late Rental Form

    The owner of a Connecticut commercial property was correctly charged a tax penalty for failing to submit a form disclosing rental income on time, a state appeals court said Friday.

  • June 06, 2025

    Taxation With Representation: Winston, Stibbe, Weil, Goodwin

    In this week's Taxation With Representation, Chart Industries Inc. and Flowserve Corp. merge, Aedifica NV and Cofinimmo NV unite, Sanofi buys Blueprint Medicines Corp., and Kimberly-Clark Corp. sells a majority stake in its international tissue business to Suzano.

  • June 06, 2025

    Fox Rothschild Settles Suit Over $3M Real Estate Deal

    Fox Rothschild LLP has settled a Colorado real estate investor's legal malpractice lawsuit over a $3 million development deal that went wrong, according to a new order filed in state court directing the parties to file for dismissal within a month.

  • June 06, 2025

    PE Firms Are Top Opportunity Zone Investors, Report Finds

    A group tracking private equity activity said each of the 15 largest investors in the federal opportunity zone program are private equity firms, with Salt Lake City, Utah-based Bridge Investment Holdings topping the list with $3.7 billion in opportunity zone funds.

  • June 06, 2025

    Vornado Lands $675M Refi For Manhattan Apartment Complex

    A Vornado Realty Trust joint venture obtained a five-year $675 million loan that refinances a 1,328-unit Manhattan apartment complex in the borough's Tribeca neighborhood, the company announced.

  • June 05, 2025

    Hotel Sector Gauges Headwinds As Busy Season Begins

    As we approach the midpoint of 2025 and the start of the summer travel season, hotel owners, operators and investors are closely watching international travel, the president's trade policies and the Federal Reserve.

  • June 05, 2025

    Colliers Says Hotel Sector Recovery May Face 2025 Setback

    Commercial broker Colliers said the U.S. hospitality sector stands at a crossroads following a recovery from the pandemic, with upscale properties showing resilience as lower-tier hotels demonstrate signs of struggle.

  • June 05, 2025

    Clark Hill Adds Morris Manning Real Estate Ace In Atlanta

    A former Morris Manning & Martin LLP real estate partner is the latest attorney this year to join Clark Hill PLC and help grow an Atlanta office that opened nearly a year ago, the firm announced Wednesday.

  • June 05, 2025

    Shumaker Brings On RE Partner In Fla. From Johnson Pope

    Shumaker Loop & Kendrick LLP announced Thursday that it's continuing its Sunshine State hiring spree with a new partner to its real estate, construction and development service line in St. Petersburg, Florida, from Johnson Pope Bokor Ruppel & Burns LLP.

Expert Analysis

  • How The CRE Industry Is Adapting To Tariff Uncertainty

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    Amid uncertainty about pending tariffs and their potential ripple effects, including higher material costs, supply chain delays and tighter margins, commercial real estate industry players are focusing on strategic planning and risk mitigation, says Daniel Diaz Leyva at Day Pitney.

  • Reconciling 2 Smoke Coverage Cases From California

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    As highlighted by a California Department of Insurance bulletin clarifying the effect of two recent decisions on insurance coverage, the February state appellate ruling denying coverage for property damage from smoke, ash and soot should be viewed as an outlier, say attorneys at Reed Smith.

  • Contractor Remedies Amid Overhaul Of Federal Spending

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    Now that the period for federal agencies to review their spending has ended, companies holding procurement contracts or grants should evaluate whether their agreements align with administration policies and get a plan ready to implement if their contracts or grants are modified or terminated, say attorneys at DLA Piper.

  • Contract Disputes Recap: Terminations Galore

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    Attorneys at Seyfarth examine three recent decisions in which the Civilian Board of Contract Appeals and the Armed Services Board of Contract Appeals provide valuable insights into contract terminations, modifications and the jurisdictional requirements for claims.

  • Making The Opportunity Zones Program Great At Last

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    As the opportunity zone program approaches its expiration, the Republican-led government could take specific steps to extend and improve the program, address its structural flaws, encourage broader participation and enable it to live up to its promised outcomes, say attorneys at Pillsbury.

  • Investor Essentials For Buying Federally Owned Property

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    Investors and developers can take advantage of the Trump administration's plan to sell government-owned real estate by becoming familiar with the process and eligible to bid, and should prepare to move quickly once the U.S. General Services Administration posts the list of properties for sale, say attorneys at Holland & Knight.

  • How 2025 Is Shaping The Future Of Bank Mergers So Far

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    Whether the long-anticipated great wave of consolidation in the U.S. banking industry will finally arrive in 2025 remains to be seen, but the conditions for bank mergers are more favorable now than they have been in years, say attorneys at Skadden.

  • Why NY May Want To Reconsider Its LLC Transparency Law

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    Against the backdrop of the myriad challenges to the federal Corporate Transparency Act, it may be prudent for New York to reconsider its adoption of the LLC Transparency Act, since it's unclear whether the Empire State's "baby-CTA" statute is still necessary or was passed prematurely, say attorneys at Pillsbury.

  • Dewberry Ruling Is A Wakeup Call For Trademark Owners

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    The U.S. Supreme Court's decision in Dewberry v. Dewberry hones in on the question of how a defendant's affiliates' profits should be treated under the Lanham Act, and should remind trademark litigants and practitioners that issues involving monetary relief should be treated seriously, say attorneys at Finnegan.

  • How GSA Lease Clauses May Affect DOGE Terminations

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    The Department of Government Efficiency has begun to cut the U.S. General Services Administration's enormous real estate portfolio, but some standard lease clauses include limits helpful to landlords that may slow progress toward the administration's cost-cutting goals, say attorneys at Pillsbury.

  • What SDNY Judge Can And Can't Do In Adams Case

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    The federal judge in the Southern District of New York overseeing the criminal case against New York City Mayor Eric Adams deferred making a decision on the government's motion to dismiss the indictment, and while he does have limited authority to deny the motion, that would ultimately be a futile gesture, says Ethan Greenberg at Anderson Kill.

  • Rethinking 'No Comment' For Clients Facing Public Crises

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    “No comment” is no longer a cost-free or even a viable public communications strategy for companies in crisis, and counsel must tailor their guidance based on a variety of competing factors to help clients emerge successfully, says Robert Bowers at Moore & Van Allen.

  • Corp. Transparency Act's Future Under Treasury's Bessent

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    The Corporate Transparency Act’s ultimate fate faced uncertain terms at the end of 2024, but new U.S. Department of the Treasury Secretary Scott Bessent's statements and actions so far demonstrate that he does not intend to ignore the law, though he may attempt to make modifications, say attorneys at Taylor English.