Expert Analysis

4 Tips For Using AI To Max Fee Awards In NY Lease Disputes

As New York's new artificial intelligence court filing rule takes effect, lawyers handling commercial lease disput... (more story)

Managing Data Center Power Issues, Public Pushback

The many risks associated with data center construction include power availability, government regulations and pub... (more story)

California FAIR Plan Is Outgrowing Last-Resort Role

With a recent rate increase, a litigation win and pending legislation to reshape operations, the California FAIR P... (more story)

Commercial More

Vornado, Ken Griffin Form JV For $6.2B NYC Officer Tower

Vornado Realty Trust, billionaire Kenneth C. Griffin's alternative investment manager Citadel and property manager Rudin Management will form a joint venture that plans to develop a $6.2 billion Midtown Manhat... (more story)

Greenberg Traurig Moving In West Palm Beach To CityPlace

Greenberg Traurig LLP plans to move its West Palm Beach, Florida, office to a new tower in the CityPlace neighborhood.

CoreCivic announced that it sold a detention facility in Minnesota and another in Kansas to U.S. Immigration and Customs Enforcement for a combined $734 million. (AP Photo/George Walker IV)
CoreCivic Continues ICE Sales Streak With $734M In Deals

CoreCivic announced Wednesday that it has sold two detention facilities to U.S. Immigration and Customs Enforcement for a combined $734 million, adding to the company's recent run of deals with the federal government.

6 Firms Steer CA$6.7B Sale Of H&R REIT

Toronto-based H&R Real Estate Investment Trust announced Tuesday it has agreed to be acquired by GO Residential Real Estate Investment Trust and a consortium of buyers, in a deal that has a CA$6.7 billion ($4.... (more story)

Ohio Justices Advance Possible Ashville Data Center Vote

An emergency resolution the village of Ashville passed to support a data center project failed to spell out any actual emergency justification for the measure, the Ohio Supreme Court ruled, clearing a path for... (more story)

Fla. Developer Who Stole $13M From Backers Gets 4 Years

A Manhattan federal judge on Tuesday hit a Florida developer with a four-year prison sentence after he admitted to pocketing proceeds from membership interests in real estate projects he pitched to investors i... (more story)

Dutch Co. Wants To Shuffle Golf Course Dispute To Arbitration

A Dutch company contracted by a Louisiana golf course developer asked a federal judge Monday to send its dispute with the company to the Netherlands Arbitration Institute, arguing that the terms of their disag... (more story)

Residential More

NYC Keeps 2nd Home Tax On Target After Court Halts Rollout

New York City moved to halt a judge's ruling that temporarily paused the rollout of its tax on high-value second homes, preserving the tax's implementation and current deadline for individuals to challenge the... (more story)

Mich. Homeowner Can't Lower Home Value, Court Says

A Michigan homeowner failed to prove his property value should be lowered because his renovations were home improvements that cannot affect a property's appraisal until it's sold, the state appellate court ruled. 

A man in a suit speaks into a microphone outdoors.
NYC Extends Deadline For Pied-À-Terre Tax Exemptions

New York City Mayor Zohran Mamdani has extended the deadline for applying for exemptions from a "pied-à-terre" tax on second NYC homes that the city values at $1 million or more, setting the new deadline as Sept. 18.

Blue States Say OCC Overstepped On Escrow Interest Rules

An Oregon-led coalition of nearly a dozen states sued Tuesday to overturn the Office of the Comptroller of the Currency's recent rules that exempt national banks from state laws requiring the payment of intere... (more story)

CREXi Can't Stay CoStar Case For Quinn Emanuel DQ Appeal

A California federal court rejected a bid Monday from Commercial Real Estate Exchange Inc., or CREXi, for a stay in CoStar's copyright case while CREXi looks to undo the disqualification of its attorneys from ... (more story)

Crypto, Data Center Noise Has 'Shattered' NC Town, Suit Says

A cryptocurrency mining and artificial intelligence data center in rural North Carolina is emitting a cacophony that is destroying local residents' quality of life, according to neighbors who allege the operat... (more story)

4 Firms Guide TPG Mortgage's $117M Cherry Hill REIT Buy

Residential mortgage real estate investment trust TPG Mortgage Investment Trust Inc. will acquire fellow residential mortgage REIT Cherry Hill Mortgage Investment Corp. for more than $117 million in a cash and... (more story)