Residential

  • January 27, 2023

    IRS Seeks Comments On Late Real Estate Election Rules

    The Internal Revenue Service asked for comments on rules allowing late elections regarding real estate interests.

  • January 26, 2023

    Property Co. Says Broker Failed To Procure Proper Insurance

    A Tallahassee property owner said it has been left exposed to uninsured risks following a shooting at a frat party, telling a Florida federal court that its insurance broker failed to obtain the proper commercial general liability coverage.

  • January 26, 2023

    Insurer Can't Duck Sotheby's Theft Suit Coverage, Judge Says

    An insurer can't duck coverage of a Sotheby's real estate unit facing claims that one of its agents stole $3.7 million in a real estate deal, a Florida federal judge ruled, adopting a magistrate judge's report despite the carrier's objections.

  • January 26, 2023

    In Texas, 'Deals Are Happening' Despite Nationwide Slowdown

    High interest rates and macroeconomic fears are affecting every real estate sector and geography, but if any state appears likely to remain hot while the Federal Reserve pours cold water on it, it is Texas, according to interviews with real estate professionals and a confluence of data.

  • January 26, 2023

    New Florida Workforce Housing Bill Aims To Ban Rent Control

    A new bill filed in the Florida Senate Thursday proposes initiatives to boost the production of workforce housing, in addition to prohibiting rent control in all forms.

  • January 26, 2023

    Contractor Charged With $2.5M Hurricane Sandy Relief Scam

    A Long Island contractor has been charged with fraud for an alleged yearslong scheme that netted $2.5 million from homeowners who were looking to have repairs and renovations made to houses damaged by Hurricane Sandy.

  • January 26, 2023

    4th Circ. Doubts Renter's Injury In Facebook Ad Age Bias Suit

    The Fourth Circuit on Thursday seemed skeptical a would-be renter had standing to sue several real estate firms for age discrimination based on Facebook advertisements targeting younger tenants, as the court questioned whether she could have been personally subjected to unequal treatment by "passively" scrolling on social media.

  • January 26, 2023

    NYC Mayor Pitches Midtown Living In Annual Address

    Kicking off a residential revamp of manufacturing and office areas in Midtown Manhattan, as well as new flood-resilient development on the North Shore of Staten Island, are part of New York City Mayor Eric Adams' vision for the coming year.

  • January 26, 2023

    NC Judge Tosses Claims In Wells Fargo Discrimination Suit

    A North Carolina judge has trimmed a Black couple's claims in a discrimination suit against Wells Fargo, tossing most of their allegations while offering the opportunity to bring more evidence for an amended complaint.

  • January 26, 2023

    Residential Home Sales Show Slight Increase, Feds Say

    A federal report shows that estimated sales of new single-family homes in December 2022 increased by 2.3% compared to the month prior, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development announced Thursday.

  • January 26, 2023

    Ga. Faith Group Asks 11th Circ. To Allow Recovery Home

    A Georgia religious group asked an Eleventh Circuit panel on Thursday to reverse a ruling that it says barred the organization from operating a residential facility for people recovering from addiction on a property north of Atlanta.

  • January 26, 2023

    Real Estate Rumors: Howard Marks, RFR, John Ruiz

    Oaktree co-founder Howard Marks has reportedly sold a Los Angeles home for nearly $30 million, RFR Holding is said to have leased out roughly 6,500 square feet in New York, and trial lawyer John Ruiz has reportedly sold a South Florida home for $30 million.

  • January 26, 2023

    Class Attys Want $14M For Amplify's $50M Oil Spill Deal

    Attorneys for putative classes in a suit against Amplify Energy over an oil pipeline leak along the Southern California coast asked a federal judge to award them nearly $14 million in fees, reimbursed litigation expenses and service awards for class members, after securing a $50 million deal for their claims.

  • January 26, 2023

    Veteran Real Estate Partner Joins Stevens & Lee In Princeton

    Stevens & Lee has expanded its real estate practice in New Jersey, hiring a new partner in its Princeton office with more than 35 years of experience in real estate law.

  • January 26, 2023

    HUD Wants Tweaks To Housing Counselor Program For Tribes

    The U.S. Department of Housing and Urban Development proposed a rule that will bring changes to certification requirements for housing counselors in tribal communities, the department announced Thursday.

  • January 26, 2023

    Minn. House Bill Would Restore Historic Rehab Tax Credit

    Minnesota's historic structure rehabilitation tax credit, which expired last year, would be restored under legislation introduced in the state House.

  • January 26, 2023

    Curtis Trusts And Estates Pro Jumps To Day Pitney In NY

    Day Pitney LLP is growing its private client team by adding a Curtis Mallet-Prevost Colt & Mosle LLP trusts and estates expert as a partner in its New York office.

  • January 25, 2023

    4th Circ. Won't Revive NC Vacation Home Owners' COVID Suit

    A Fourth Circuit panel on Wednesday denied two North Carolina vacation homeowners a second chance at their proposed class action, saying the local government didn't violate the Fifth Amendment when it temporarily restricted nonresidents from accessing their vacation homes during the onset of the COVID-19 pandemic.

  • January 25, 2023

    Insurer Must Defend Contractor In Building Collapse Suit

    A Massachusetts federal judge said an insurer has to defend a contractor in an underlying suit over a building collapse, finding that the policy's business risk exclusion did not apply and that property damage stemmed from an occurrence.

  • January 25, 2023

    Uncertainty, Hope As SF's New 8-Year Housing Plan Looms

    As the state-imposed deadline for San Francisco's ambitious new eight-year housing element looms, activists and community members are arguing that parts of the plan leave the door open to unintended consequences, like prioritizing market-rate dwellings over affordable housing.

  • January 25, 2023

    DOJ Can't Renege On Realtor Antitrust Deal, Court Says

    A D.C. federal court on Wednesday blocked the U.S. Department of Justice from reopening an investigation into whether certain rules from the National Association of Realtors are anti-competitive, saying the government is bound by its promise to close the probe.

  • January 25, 2023

    Fla. Court Says Local Official Doesn't Have To Face Suit

    A local public official in the tiny Florida community of Jupiter Island is immune from a lawsuit by two landowners because the actions she took — which led to the denial of the property owners' development plans — were within the scope of her duties as chair of the town's impact review committee, or IRC, a Florida appeals court ruled Wednesday.

  • January 25, 2023

    NY Man Sentenced To 18 Months For $500,000 Bribery Scheme

    A New York man was sentenced to 18 months in prison for bribery and tax evasion he committed while working as a manager for a company that sells warranties to homeowners for repairs to sewer and water pipes.

  • January 25, 2023

    Kossoff Trustee Sues To Recoup $2.1M From Real Estate CEO

    The Chapter 7 trustee for real estate law firm Kossoff PLLC sued a real estate executive and the son of convicted real estate lawyer Mitchell H. Kossoff in New York bankruptcy court to recoup $2.1 million, alleging that Kossoff had wrongfully used the law firm's funds in several ways, such as paying his son's rent for an apartment owned by one of the executive's companies.

  • January 25, 2023

    Real Estate Rumors: Krakoffs, Avondale Care, MKB Ventures

    Reed and Delphine Krakoff have reportedly sold a New York townhouse for $36 million, Avondale Care Group is said to be staying put in 5,589 square feet on Eighth Avenue, and MKB Ventures has reportedly sold a Southern California apartment complex for $38.3 million.

Expert Analysis

  • Litigation Funders Seek Transparency In Disclosure Debate

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    Litigation funders want to correct the record on calls for funding disclosure in the name of transparency, as this purported justification obscures the disclosure's adverse effects — prejudicing plaintiffs' cases and discouraging the assertion of meritorious legal claims, say Dai Wai Chin Feman and William Weisman at Parabellum Capital.

  • 5 Principles For Better Professional Development Programs

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    The pandemic and ensuing "great resignation" have resulted in a more transient legal work force, but law firms can use effective professional development programs to bridge a cultural gap with new associates and stem associate attrition, says Matthew Woods at Robins Kaplan.

  • My Favorite Law Prof: How I Learned To Practice With Passion

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    First Circuit Judge Gustavo Gelpí recalls how Suffolk University Law School's Joseph Glannon taught the importance of the law as both a tool and a profession, and that those who wish to practice law successfully must do so with love, enthusiasm and passion.

  • Policyholders Are Not To Blame For Social Inflation

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    As part of the controversial assertion that insurers are facing an unprecedented increase in claims costs due to so-called social inflation, a recent Law360 guest article argued that policyholders contribute to social inflation and are therefore responsible for remedying it, but these accusations are unsupported by empirical data, says Benjamin Tievsky at Pillsbury.

  • State-Led Programs Can Speed Up Brownfield Development

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    Too often, publicly funded brownfields programs are not optimized to achieve redevelopment in the near term, but policymakers can address this problem by directing additional resources toward state-level brownfields programs that offer thoughtfully designed tax incentives and liability protection, says Gerald Pouncey at Morris Manning.

  • Questions To Ask Before Making A Lateral Move As Partner

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    Law firm partners considering lateral moves should diligently interview prospects — going beyond standard questions about compensation to inquire about culture, associate retention and other areas that can provide a more comprehensive view, says Lauren Wu at VOYLegal.

  • My Favorite Law Prof: How I Learned To Argue Open-Mindedly

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    Queens College President Frank Wu reflects on how Yale Kamisar’s teaching and guidance at the University of Michigan Law School emphasized a capacity to engage with alternative worldviews and the importance of the ability to argue for both sides of a debate.

  • ABA's No-Contact Rule Advice Raises Questions For Lawyers

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    The American Bar Association's ethics committee recently issued two opinions concerning the no-contact rule — one creates an intuitive and practical default for electronic communications, while the other sets a potential trap for pro se lawyers, say Lauren Snyder and Deepika Ravi at HWG.

  • Construction Cos. Can Address Social Media In Settlements

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    Negative social media posts are increasingly factoring into construction disputes, and attorneys must understand what to prioritize when negotiating such issues in settlement agreements, say Gary Strong and Dinora Lopez at Gfeller Laurie.

  • 4 Key Skills For An Effective Attorney Coaching Conversation

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    As BigLaw firms are increasingly offering internal coaching as one of many talent strategies to stem ongoing lawyer attrition, Stacey Schwartz at Katten discusses how coaches can help attorneys achieve their goals.

  • How Civilian Attorneys Can Help Veterans

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    With legal aid topping the U.S. Department of Veterans Affairs' annual list of unmet needs of veterans facing housing insecurity, nonmilitary volunteer attorneys can provide some of the most effective legal services to military and veteran clients, say Anna Richardson at Veterans Legal Services and Nicholas Hasenfus at Holland & Knight.

  • Policyholders Should Also Want To Fight Social Inflation

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    Effectively combating the ills of social inflation — the upward creep in insurance litigation and expected payouts — requires all stakeholders, not just insurers, to recognize the mutual interests between insurers and the risk pool of insureds, says Bryant Green at Zelle.

  • Applying Article III Rulings To Robocall Standing In Florida

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    Questions surrounding Article III standing for Telephone Consumer Protection Act claims related to robocalls in the Eleventh Circuit, including whether the Southam v. Red Wing Shoe standard will apply to TCPA and Florida Telephone Solicitation Act claims in state court, continue to be a puzzle for Florida lawyers, say Aaron Weiss and Charles Throckmorton at Carlton Fields.