News & Analysis as of

Apartments

Cole Schotz

FARE Act Now in Effect: What NYC Renters and Landlords Need to Know

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As of June 11, 2025, the Fairness in Apartment Rental Expenses (FARE) Act, also known as Local Law 119 of 2024, is in effect after being upheld in court. The law significantly shifts how broker fees are handled in New York...more

Ballard Spahr LLP

Multifamily June 2025 Alert

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As spring begins to give way to summer, legislative activity shows no signs of cooling off. Our May TOPA Alert generated many questions and comments and a further update on the pending TOPA reform legislation is included...more

K&L Gates LLP

Victorian Government to Extend the Temporary Off-the-Plan Duty Concession

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As part of the 2025–2026 Victorian State Budget announced on 20 May 2025, the Victorian government has confirmed that it intends to extend the availability of an expanded off-the-plan stamp duty concession for a further...more

Holland & Knight LLP

New York Enacts Affordable Housing Retention Act

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New York Gov. Kathy Hochul recently signed into law the Affordable Housing Retention Act (AHRA), which for the next four years enables condo conversions of specific buildings in New York City with a presale requirement for...more

Barnea Jaffa Lande & Co.

Significant tax benefits for owners of long-term rental buildings

Owners of buildings designated for long-term rentals are entitled to significant tax benefits that are being granted in order to encourage the construction of buildings that include residential apartments earmarked for...more

Holland & Knight LLP

Zoning Change Allows Conversion of Ground Floor Nonresidential Uses to Residential Uses

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As discussed in previous Holland & Knight alerts on Dec. 10 and Dec. 18, 2024, New York City recently made comprehensive changes to its Zoning Resolution, known collectively as City of Yes for Zoning for Housing Opportunity...more

Goulston & Storrs PC

Revitalizing Public Housing Communities: Bunker Hill Apartments Open Its First New Building

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Thanks to the Boston Bar Association (BBA) and Ian Urquhart at Nutter, McClennen & Fish, for recently coordinating a BBA member walkthrough of Stellata, which is the first-completed of 15 proposed new buildings at the Bunker...more

Akerman LLP

Georgia Federal Court Applies “Fungi or Bacteria” Exclusion and Holds Insurer Owed No Duty to Defend Mold Exposure Wrongful Death...

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In Nationwide Property & Casualty Insurance Company v. Hampton Court, L.P., et al. the United States District Court for the Northern District of Georgia granted an insurer's motion for judgment on the pleadings that it owed...more

Allen Matkins

Inflation and Rising Costs Won’t Slow Multifamily Momentum

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Vacancy rates across the state are showing improvement, particularly in San Francisco, which reflects California’s housing shortage. Demand also remains strong, and supply is growing, suggesting confidence in the sector...more

Freiberger Haber LLP

New York Court of Appeals Examines the Enforceability of a Contract’s Two-Year Suit Limitation Period

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In Farage v. Associated Ins. Mgt. Corp., 2024 N.Y. Slip Op. 05875 (Nov. 26, 2024) (here), the New York Court of Appeals examined the enforceability of an insurance contract’s two-year suit limitation period. In a 4-3...more

Rodemer Kane Attorneys at Law

Slip and Fall Accidents in Apartment Buildings: Understanding Your Rights in Colorado

Slip and fall accidents can happen anywhere, but when they occur in an apartment building, the consequences can be particularly challenging. Whether you're a tenant or a visitor, injuries from a fall can result in medical...more

Coblentz Patch Duffy & Bass

What We're Reading, Watching, and Listening To: October 2024

A roundup of news and multimedia from the Unfamiliar Terrain team: San Francisco - Can downtown be saved? Mayoral candidates’ big ideas to stop the bleeding (SF Standard): The candidates agree that something must be...more

Davidoff Hutcher & Citron LLP

Sparks Fly: The E-Bike Ban Tango in New York City Apartments

The integration of e-bikes and e-scooters into the urban fabric of New York City has raised questions about the potential risks they pose within the confines of multi-unit apartment buildings. Landlords, tasked with ensuring...more

Farrell Fritz, P.C.

Property Tax Bills in Nassau County Spell Trouble for Commercial and Multifamily Properties

Farrell Fritz, P.C. on

Halloween may be spooky time of year for some, but in Nassau County October marks the scariest time of year for all – the release of School District Tax Bills. Unlike a trick-or-treater, the Tax Receiver doesn’t stop by to...more

K&L Gates LLP

Welcome News for Developers: Temporary Expansion of the Victorian Off-the-Plan Duty Concession

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The Victorian State Government (the Government) has announced a temporary expansion of the off-the-plan duty concession for purchasers of residential apartments and certain townhouses. The measure is a part of the...more

Pillsbury - Gravel2Gavel Construction & Real...

Real Estate & Construction News Roundup (10/23/24) – Construction Backlog Rebounds, Real Estate Sustainability Grows, and Split...

In our latest roundup, construction output decreased, office utilization unchanged, September apartment starts fell 15% from a year ago as developers pulled permits, and more!...more

Pillsbury - Gravel2Gavel Construction & Real...

Real Estate & Construction News Roundup (10/16/24) – Chevron Ruling’s Impact on Construction Industry, New Kind of Public Housing...

In our latest roundup, Hurricane Helene affects infrastructure, California Gov. Gavin Newsom signs bills aimed at renter protections, Federal Reserve kick-off rate-easing cycle, and more!...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Mold/Apartment Complex Construction Project: Federal Court Addresses Insurance Coverage Dispute

A United States District Court (C.D. California) (“Court”) addressed in a September 27th Order insurance coverage issues arising out of the construction of an apartment complex in California. See The Haven at Ventura, LLC vs....more

Clark Hill PLC

Chicago’s So-Called “Anti-Gentrification” Ordinance Has Potential Impacts on Apartment Owners and Lenders on Chicago’s Northwest...

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Chicago enacted the “Northwest Side Housing Preservation Ordinance,” an ordinance that many are referring to as the “anti-gentrification” ordinance. Despite the grandiose moniker, the ordinance breaks down to two specific...more

Lowndes

City of St. Cloud Approves Dramatic Increase to Mobility Impact Fees

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On Thursday, September 19, 2024, the St. Cloud City Council voted to increase City mobility impact fees. This vote followed shortly after Osceola County approved significant increases to their mobility fees on September 9,...more

Morris, Manning & Martin, LLP

August Dealmaker Digest: Navigating Multifamily Investments With Expert Insights and Market Trends

As the multifamily sector continues to navigate turbulent waters, our commercial real estate group works hard to stay informed about both market trends and the legal implications that accompany them. In August, we have been...more

Pillsbury - Gravel2Gavel Construction & Real...

Real Estate & Construction News Roundup (8/14/24) – Commercial Real Estate AI, Hotel Pipeline Growth, and Housing Market...

In our latest roundup, nonresidential spending drops, realtor payment structure changes, office vacancy rates soar, and more!...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Inverse Condemnation/Nuisance: Benton Apartment Complex Owner Files Federal District Court Judicial Action Against...

Benton Housing Associates Limited Partnership (“Benton Housing”) filed on August 9th in the United States District Court for the District of Arkansas (Central Division) a Complaint against the following defendants: City...more

Allen Matkins

Sustainable Development and Land Use Update 7.26.24

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San Diego made ambitious changes this Tuesday to the city’s blueprint for future growth to help prepare the city for climate change, speed up revisions to neighborhood zoning plans, and try to reverse racial segregation....more

Pillsbury - Gravel2Gavel Construction & Real...

Real Estate & Construction News Roundup (7/10/24) – Strong Construction Investment in Data Centers, Increase Use of Proptech in...

In our latest roundup, renters stay in their units longer, GenAI change how commercial real estate operates, and banks continue high exposure due to commercial real estate....more

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