Despite the structural failure at a prominent project, momentum for office-to-residential conversions in New York City is continuing to build, and attorneys say they have not noticed clients shying away from such projects.
New York City is having the strongest Class A office leasing year this century, one of Weil's real estate leaders told Law360 Real Estate Authority in a recent interview.
Tighter enforcement and reporting are needed to ensure that the building inspection mandates Florida added to its condominium law after a deadly 2021 building collapse deliver on their intent, attorneys and other observers said after reviewing data released last month by the state.