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NYC 2nd Home Tax Raises Residency, Co-Op Value Questions

A tax on high-value second homes in New York City slated to take effect in the coming months could lead to disputes over whether such a property qualifies as a primary residence and how the value of a cooperative is determined.

Illustration of line graphs and numbers with city skyline in background

Hogan Lovells, Cadwalader Leaders Talk Real Estate Synergy

A mega-merger that partners recently approved will greatly expand the resulting firm's real estate finance offerings, according to leaders hailing from both Hogan Lovells and Cadwalader Wickersham & Taft LLP.

A long perspective view of a modern data center featuring rows of glass-enclosed server racks with glowing blue lights flanking a central walkway with a gold-lit metal floor grate.

Inside The Tireless Lives Of Data Center Attorneys

Representing major players in the data center industry calls for a certain kind of lawyer: one who can work under significant pressure, handle public scrutiny and labor on until the sun rises.

Expert Analysis

How Tenants Can Guard Against Unpaid Build-Out Allowances

James Carlon and Janet Scognamiglio

As market pressures on landlords intensify liquidity problems and reimbursement disputes, commercial tenants nego... (more story)

Lessons For Banks From Recent FCA Enforcement Trends

Amanda Santella, Elizabeth McKeen and Ashley Pavel

While government relief programs rely on financial institutions in times of economic uncertainty, recent enforceme... (more story)

NY's Tax On 2nd Homes Compounds Residency Tax Risks

Mark Parthemer

New York’s recently enacted surcharge on high-value second homes reflects a nationwide legislative trend of using ... (more story)

Commercial More

Columbia Bank Must Face Suit Over $230M Ponzi Scheme

A Washington federal judge on Tuesday preserved a bankruptcy trust's lawsuit against Columbia Bank, finding that the trust adequately alleged the bank helped a real estate business' former operators run a $230... (more story)

2 Firms Advise Catalyst's $281M Industrial Financing Deal

Industrial outdoor storage investment firm Catalyst Investment Partners, advised by Rothman Law PLLC and Levenfeld Pearlstein LLC, has obtained $281 million worth of financing that was originated by Blackstone... (more story)

Steven Reingold (from left), a partner at Saul Ewing; Andrew Diroll-Black, of American Lending Center; and Ronald Klasko, of Klasko Immigration Law Partners, participate in a panel on litigation at the JTC and Saul Ewing Advanced EB-5 Conference in Miami. (Nathan Hale | Law360)
EB-5 Leaders Talk Sunset Deadlines, Green Card Turmoil

Organizers of an annual conference focused on the EB-5 investment visa program stressed a theme of optimism at the event last week in Miami, but even as the program appears to have overcome many of its own pas... (more story)

NHL Team Plans Move To New Arena In Dallas Suburb

The Plano, Texas, City Council has approved a letter of intent with the Dallas Stars on plans to build the NHL team a new arena, signaling a move from the downtown Dallas arena where they have played since 2001.

Texas County Walks Back Data Center Ban After $100M Suit

A rural Texas county has retreated from its May moratorium on data center projects after a developer in a federal court lawsuit sought more than $100 million in damages by claiming its 800-acre, 1.2-gigawatt p... (more story)

The Law360 400: A Look At The Top 100 Firms

The race to build the legal industry's largest law firm accelerated in 2025, with major firms leaning on mergers, lateral hiring and strategic expansion to climb the ranks of the Law360 400.

SIMAD-Linked New Orleans Office Tower Hits Ch. 11

A New Jersey bankruptcy judge on Monday agreed to give bankrupt summer camp and real estate company SIMAD Holdings Ltd. interim permission to use cash collateral, which the debtor said it needed to keep its ca... (more story)

Residential More

Calif. Courts Shoot Down Santee Housing Project

Two California courts last week largely sided with environmentalist groups that challenged the city of Santee's approval of a local 3,008-unit housing project, ruling that the proposed project's approval violated state laws.

Canada Tax Court Sides With Real Estate Co. In $9.5M Dispute

The Tax Court of Canada largely sided with a real estate company in characterizing a CA$13.25 million ($9.5 million) gain from selling two Toronto properties as a capital gain rather than business income, deci... (more story)

New York City Mayor Zohran Mamdani billed the city’s "Block by Block" plan as one that would guide the creation of 200,000 new affordable housing units over the next decade. (Michael Brochstein/Sipa USA via AP Images)
Akerman Partner Unpacks NYC's Affordable Housing Blueprint

A plan released last week offers the most complete vision yet for how Mayor Zohran Mamdani plans to confront New York City’s housing affordability crisis. Nora Martins, a New York land use and zoning partner a... (more story)

Zillow Loses Appeal In Pa. Fight Over $10K Data Charge

A Pennsylvania county can charge Zillow more than $10,000 for a listing of all its property assessments under the state's Right-to-Know Law, given that the law allows the county to charge the "reasonable marke... (more story)

Gilmore Bell Opens In Texas With 5 Robinson & Cole Attys

Public finance law firm Gilmore Bell has expanded its affordable housing and real estate financing offerings with the launch of an Austin, Texas, office and the addition of five lawyers who previously practice... (more story)

Equity Residential GC Joins AvalonBay Execs In Merged REIT

Equity Residential's general counsel will lead the legal functions of the company once it completes a combination with fellow real estate investment trust AvalonBay Communities in a transaction set to create a... (more story)

Denver Developer Accused Of Lies To Dodge Loan Repayment

A real estate investment firm has claimed in Colorado state court that a Denver developer lied numerous times to refinance on three occasions a promissory note governing the development of a residential lot on... (more story)