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New Tactics In The Data Center Wars: Incentives, Moratoriums

A rising tide of public opposition and scrutiny of artificial intelligence has culminated in several states repealing tax incentives for data centers and one state enacting the nation's first moratorium, prompting developers to look for friendlier pastures.

Exterior view of a high-rise's upper floors under construction, with art deco building in background

Attorneys Size Up Woes At Old Pfizer Building

While city agencies investigate the cause of a structural failure at the old Pfizer building, New York City's largest office-to-residential conversion, attorneys assess whether it could impact the conversion market and the potential for legal liability. The developer, MetroLoft, has faced lawsuits at other conversions.

Housing Bill Becomes Law Without Trump's Backing

A bipartisan bill to promote more housing supply and limit Wall Street firms from investing in single-family homes became law Saturday by default after President Donald Trump withheld his signature but did not veto the measure.

Expert Analysis

AI-Fueled Pro Se Suits Pose Rising Risk For Lenders

Joseph Briggett

Harris v. Pinnacle Bank, a recently decided Mississippi federal court case, illustrates how pro se borrowers are u... (more story)

How Litigants Are Testing Conversion Therapy Ruling's Scope

Anwar Graves, Lauren Weinstein and Simon Hedlin

Litigants are already using the U.S. Supreme Court’s recent Chiles v. Salazar ruling, which applied strict scrutin... (more story)

Occupier Contract Strategies For Locking In Expansion Rights

Josh Winefsky

In a market defined by record-setting demand, shrinking availability and rising rents, large commercial office occ... (more story)

Commercial More

SIMAD Scores Bids For 2 More Summer Camps In Ch. 11

Summer camp holding company SIMAD has asked a New Jersey bankruptcy judge to sign off on new stalking horse offers totaling over $30 million to set the floor for a Chapter 11 auction of two of its New York summer camps.

Conn. Justices Uphold Nonprofit Center's Renovation Plan

The Connecticut Supreme Court on Friday said a nonprofit cultural center was legally clear to have renovated a building on its nearly 80-acre New Canaan property, finding a town zoning appeals board in 2019 co... (more story)

Two people in suits shake hands
4 Firms Guide $1.2B Self-Storage REIT Merger

Two real estate investment trusts sponsored by SmartStop Self Storage REIT Inc. affiliates have agreed to a $1.2 billion all-stock merger that's being advised by Nelson Mullins Riley & Scarborough LLP, Venable... (more story)

Core Scientific Data Center Builder Hit With $2.5M Suit

A contractor brought on to build a data center owned by cryptocurrency mining company Core Scientific Inc. is accused of owing a subcontractor $2.5 million after it failed to pay for completed work, according ... (more story)

Ex-Safehold Deputy GC, Former Sidley Attys Join Norm Law

Legal and compliance startup Norm Ai has announced the hiring of a former Sidley Austin LLP partner as head of tax for its affiliate law firm, as well as two new partners for its real estate group.

Polsinelli Adds Wick Phillips Real Estate Pro In Dallas

National law firm Polsinelli PC has shored up its commercial real estate offerings with a Dallas-based shareholder who previously practiced with Texas firm Wick Phillips.

Zaslav-Backed Bid Sets Floor For SIMAD Summer Camp

A group backed by Warner Bros. Discovery CEO David Zaslav is making a $68 million stalking horse bid for Mohawk Day Camp, one of a collection of camps run by SIMAD Holdings that are up for sale in its Chapter 11 proceeding.

Residential More

Apartment Manager Accused Of Denying Full Wages, Breaks

Greystar, the largest apartment management firm in the U.S., failed to pay hourly workers for off-the-clock labor and missed breaks, according to a proposed class action filed in Washington state court.

Lenders, Tech Cos. Seek Exit From Antitrust Suit

A group of mortgage lenders and software companies once again pushed for the dismissal of a proposed mortgage price-fixing class action filed by homeowners in Tennessee federal court, arguing that the claims s... (more story)

Beige and white manufactured homes with small lawns and stairs that lead to the porch and front door stand along a street lined with tall trees on a sunny day
Housing Law Backs New Models For Manufactured Housing

A newly passed federal law is making it possible to reimagine how manufactured housing is built in the U.S. Cozen O'Connor partner Thomas Casparian spoke with Law360 Real Estate Authority about the changes the... (more story)

Meridian Capital Lines Up $186M Luxury NJ Condo Loan

Meridian Capital Group has put together a $186 million construction loan deal for a 112-unit luxury condominium project in Asbury Park, New Jersey, the commercial real estate advisory firm announced.

Unstable NYC Building Promises Complex Claims Process

A structural failure that threatened a major collapse at a 37-story Manhattan building undergoing an office-to-residence conversion promises to trigger a complicated insurance claims process. Here, Law360 look... (more story)

Wells Fargo, Ocwen Seek Win In ERISA Suit 2nd Circ. Revived

Wells Fargo and Ocwen asked a New York federal judge for a pretrial win in a suit from union pension fund trustees accusing the companies of mishandling home loans tied to employee pension fund investments, af... (more story)

Mich. Appeals Panel Says Tax Sale Claims Must Follow Statute

The Michigan Court of Appeals has affirmed a lower court's dismissal of a suit brought by former property owners seeking the return of surplus proceeds from tax foreclosure sales, saying in a published opinion... (more story)