Commercial
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October 27, 2025
Designer Hits Commercial Developer With $15M Fraud Suit
A designer behind such brands as Citizens of Humanity and 7 For All Mankind filed suit against a developer and its founder in California state court, alleging the founder failed to uphold his promise to buy out $15 million of the designer's investments.
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October 27, 2025
NYC Property Tax Limit Measure Sent To Hochul
New York state would allow New York City to adopt lower annual growth caps for the portion of the overall property tax levy paid by each property tax class for the city's 2026 fiscal year under a bill sent to Gov. Kathy Hochul.
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October 26, 2025
7 Firms Steer $2.1B Take-Private Deal For Plymouth REIT
Real estate investment firm Makarora Management LP and Ares Management Corp. have agreed to acquire and take private Plymouth Industrial REIT Inc. in a $2.1 billion cash deal guided by seven law firms, coming three months after a competing buyout offer for Plymouth.
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October 24, 2025
Mining Co. Denied Access To Tribal Docs In Minn. Land Row
A Minnesota federal magistrate judge has denied a request for discovery by Northshore Mining Co. against the Fond du Lac Band of Lake Superior Chippewa Indians in the tribe's lawsuit over a land exchange, saying the tribe did not cause any unreasonable delays that require discovery.
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October 24, 2025
NJ Panel Tosses Sprawling Legal Malpractice, Fraud Suit
A New Jersey state appellate court has backed the permanent dismissal of a developer's legal malpractice and fraud suit against Cooper Levenson April Niedelman & Wagenheim PA and other parties, ruling that the state's entire controversy doctrine, which requires litigants to put all their relevant allegations in a single suit, bars his claims.
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October 24, 2025
Judge Won't Block Empire Wind Project
A D.C. federal judge declined to stop work on an 80,000-acre offshore wind project off the New York and New Jersey coasts Friday, saying the nearby residents challenging the project failed to show that the windfarm would injure migratory bottlenose dolphins.
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October 24, 2025
Fannie Mae Promotes Deputy GC To Acting Top Atty
Fannie Mae announced that it has elevated its deputy general counsel to acting general counsel, after the previous attorney to hold the position decided to move on from the post.
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October 24, 2025
Judge Lifts Ch. 11 Stay On Prospect Medical Tort Suits
A Texas bankruptcy judge on Friday gave Prospect Medical Holdings permission to sell two Connecticut hospitals for $86 million and gave tort claimants the go-ahead to proceed with suits against the hospital chain, saying she was "beyond frustrated" with delays in settling the claims.
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October 24, 2025
Md. Office Building Valuation Cut In Half By Tax Court
A Maryland office building was overvalued at roughly $40 million in tax years 2023 and 2024, the state tax court found, agreeing with an income analysis presented by the property owner that its value should be reduced by half.
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October 24, 2025
Taxation With Representation: Latham, Wachtell, Gibson Dunn
In this week's Taxation With Representation, Meta announces a joint venture with Blue Owl Capital to fund the development of a data center campus in Louisiana, private equity giants acquire medical technology company Hologic Inc., and National Fuel Gas Co. buys CenterPoint Energy Inc.'s Ohio natural gas utility business.
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October 24, 2025
Judge Tells Feds To 'Fish Or Cut Bait' On 'Buffalo Billion' Case
A Manhattan federal judge said Friday it's time for prosecutors to either make a deal with four men whose 2018 bid-rigging convictions from an upstate New York development initiative were overturned by the U.S. Supreme Court, or schedule a 2026 retrial.
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October 24, 2025
NJ Property Owner Puts Office, Industrial Properties In Ch. 11
A New Jersey property owner has put several of its office and industrial properties into Chapter 11, according to multiple petitions filed in New Jersey bankruptcy court.
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October 23, 2025
NY AG Sues Vape Shop Owners For Selling To Kids
New York's attorney general is looking to permanently shut down two smoke shops and ban their owners from ever working in the vape industry again, claiming they flagrantly sold illegal flavored vapes to customers including children, according to a petition filed Oct. 23.
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October 23, 2025
Nelson Mullins Hires Two Attys To Bolster RE Team
Nelson Mullins Riley & Scarborough LLP has hired two veteran commercial real estate attorneys — one a former Kelley Drye & Warren LLP special counsel — to strengthen its real estate and capital markets team.
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October 23, 2025
Entities Tied To NYC's Former Hudson Hotel File For Ch. 11
Two companies affiliated with the former Hudson Hotel near Manhattan's Columbus Circle have filed for Chapter 11 protection in Delaware, listing between $100 million and $500 million each in both assets and liabilities.
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October 23, 2025
Blackstone Upbeat On Data Centers, Preps 401(k) Asset Focus
Executives at private equity giant Blackstone Inc. said in a call with analysts on Oct. 23 that data center dealmaking is still on the upswing, and that it is making moves in anticipation of formal guidance from the federal government on the ability of defined contribution retirement plans to invest in alternative assets like real estate.
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October 23, 2025
Del. Justices Won't Reconsider Gellert Seitz Malpractice Ruling
The Delaware Supreme Court on Oct. 23 rejected a request to reconsider its decision affirming the dismissal of a legal malpractice suit against Gellert Seitz Busenkell & Brown LLC over damages a homebuilder said it suffered due to the firm's negligence handling loan-restructuring disputes, saying the request is "without merit."
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October 23, 2025
Amalgamated Bank Commits $250M For C-PACE Platform
Amalgamated Bank plans to provide up to $250 million of financing for commercial real estate projects that come from another company's Commercial Property Assessed Clean Energy lending platform, the bank announced Thursday.
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October 23, 2025
Gibson Dunn Hires Ex-Fried Frank Atty For RE Team
Gibson Dunn & Crutcher LLP has added a former Fried Frank Harris Shriver & Jacobson LLP partner who specializes in commercial leasing transactions to its real estate practice in New York.
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October 22, 2025
NJ Industrial Park Nabs $654M, With Construction Underway
Madison Realty Capital originated a $654 million mortgage and mezzanine loan for a New Jersey industrial campus, which the private equity firm said will refinance 2020 Acquisitions' existing financing and cover ongoing construction and leasing costs, per a Wednesday announcement.
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October 22, 2025
REIT Inks $7M Settlement Of Ex-CEO's Class Action Claims
A real estate investment trust has reached a $7.125 million deal to end a proposed investor class action brought by its former CEO alleging its insiders breached their fiduciary duties after the company's common stock was diluted by "disastrous" stock redemption decisions.
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October 22, 2025
DHS Unveils Proposal To Reduce EB-5 Investor Visa Fees
The U.S. Department of Homeland Security on Wednesday rolled out a proposed fee schedule for the EB-5 foreign investor visa program that will see investors paying about 14% less in form fees after a steep fee increase in 2024.
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October 22, 2025
Texas Appeals Court Wipes $64M Judgment For Dallas Lender
A Texas appellate court wiped away a $64 million award to the subsidiary of a Dallas investment company following alleged fraud by Credit Suisse surrounding lending for a luxury Nevada community, saying the lower court improperly found that the subsidiary could collect damages above zero dollars.
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October 22, 2025
Two Firms Work On $168M NYC Hotel Loans, Sale
The Dominick Hotel, a 46-story, 391-room hotel in Manhattan's SoHo neighborhood, was sold off and connected to loan deals worth more than $168 million combined in separate transactions guided by Hogan Lovells and Kriss & Feuerstein LLP, according to official property records.
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October 22, 2025
Fifth Attorney For Michigan Pastor Exits Zoning Suit
A Michigan federal judge Wednesday allowed the fifth lawyer who represented a pastor in a zoning ordinance and retaliation dispute against a township to withdraw from the case, a few months after refusing to recuse himself from the case over a comment about the turnover rate for the pastor's counsel.
Expert Analysis
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Corporate Liability Issues To Watch In High Court TM Case
The U.S. Supreme Court will hear arguments in a trademark dispute between Dewberry Group and Dewberry Engineers next week, presenting an opportunity for the court to drastically alter the fundamental approach to piercing the corporate veil, or adopt a more limited approach and preserve existing norms, say attorneys at Bracewell.
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Plugging Gov't Leaks Is Challenging, But Not A Pipe Dream
As shown by ongoing legal battles involving New York City Mayor Eric Adams and Sean “Diddy” Combs, it’s challenging for defendants to obtain relief when they believe the government leaked sensitive information to the media, but defense counsel can take certain steps to mitigate the harm, says Kenneth Notter at MoloLamken.
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A Legal Perspective On NYC's Retail Real Estate Evolution
As New York City's retail market begins to show signs of resilience after the challenges of recent years, landlords must be cognizant of legal implications from shifting trends toward shorter-term leases and pop-up stores, says Andrea Gendel at Pryor Cashman.
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What Interest Rate Cuts Mean For Housing Markets
The Federal Reserve's recent reduction of interest rates may provide limited immediate relief for real estate sectors, but offers potential opportunities for commercial real estate investors and construction firms, which now face an environment ripe for new projects, say attorneys at Cozen O'Connor.
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How CFIUS' Updated Framework Affects Global Investors
The recent change to the monitoring and enforcement regulations governing the Committee on Foreign Investment in the United States will broaden administrative practices around nonnotified transaction investigations, increase the scope of information demands from the committee and accelerate its ability to impose mitigation on parties, say attorneys at Simpson Thacher.
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Foreclosing Lenders Still Floating In Murky Legal Waters In NY
The New York foreclosure landscape remains in disarray after the state's highest court last month declined to weigh in on whether legal changes from 2022 that severely curtailed lenders' ability to bring successive foreclosure cases were retroactive, says Brian Rich at Barclay Damon.
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NYC Hotel Licensing Law's Costs May Outweigh Its Benefits
A hotel licensing bill recently approved by New York's City Council could lead to the loss of many nonunionized hotels that cannot afford to comply, says Stuart Saft at Holland & Knight.
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Calif. Ruling Offers Hope For Mitigated Negative Declarations
In Upland Community First v. City of Upland, a California appeals court upheld a warehouse development's mitigated negative declaration over its greenhouse gas emissions thresholds — a rare victory against this type of challenge providing reassurance that such declarations can be upheld, say attorneys at Sheppard Mullin.
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There's No Crying In Property Valuation Baseball Arbitration
The World Series is the perfect time to consider how the form of arbitration used for settling MLB salary disputes — in which each side offers competing valuations to an arbitrator, who must select one — is often ideal for resolving property valuation disputes, say Sean O’Donnell at Herrick Feinstein and Mark Dunec at FTI Consulting.
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Webuild Ruling Complicates Arb. Award Enforcement In US
A Delaware federal court's recent decision in Sociedad Concesionaria Metropolitana de Salud v. Webuild, if read literally, could undercut the United States' image as a proarbitration jurisdiction by complicating creditors' efforts to enforce awards against property in this country, says Jeff Newton at Omni Bridgeway.
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How To Avoid A Costly CPA Limitation Hidden In Most Leases
The lease audit rights clause is a seemingly innocuous provision in most commercial real estate leases that ends up costing tenants millions of dollars each year, as they have unwittingly agreed to retain only an accountant to investigate and settle financial issues, says Jason Aster at KBA Lease Services.
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Navigating FEMA Grant Program For Slope Fixes After Storms
In the aftermath of Hurricanes Helene and Milton, it is critical for governments, businesses and individuals to understand the legal requirements of the Federal Emergency Management Agency's grant programs to obtain funding for crucial repairs — including restoration of damaged infrastructure caused by landslides and slope failures, says Charles Schexnaildre at Baker Donelson.
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Smith's New Trump Indictment Is Case Study In Superseding
Special counsel Jack Smith’s recently revised Jan. 6 charges against former President Donald Trump provide lessons for prosecutors on how to effectively draft superseding indictments in order to buttress or streamline their case, as necessary, says Jessica Roth at Cardozo Law School.