More Real Estate Coverage

  • October 08, 2024

    Minn. County And Feds Must Meet In Person Over Land Fight

    A Minnesota federal judge has ordered counsel for a county and two townships to meet in person with U.S. Department of the Interior representatives for settlement talks involving claims the DOI wrongly acquired about 3,239 acres of land into trust for an Ojibwe tribe.

  • October 08, 2024

    DC Judge Won't Rethink Striking Down USDA Wetland Rule

    A Washington, D.C., federal judge on Tuesday refused to reconsider her decision to vacate a U.S. Department of Agriculture rule designed to stop the development of wetlands on farmland and struck down those regulations.

  • October 08, 2024

    Ex-FDNY Safety Chief Cops To Taking Bribes For Inspections

    A Staten Island firefighter who headed the New York City Fire Department's office tasked with fire prevention told a Manhattan federal judge on Tuesday he took thousands of dollars in exchange for speedier safety checks, pleading guilty to bribery conspiracy.

  • October 07, 2024

    Split DC Circ. Says FERC Can Require Power Plant Upgrade

    Federal energy regulators were right to require NextEra Energy to upgrade its New Hampshire nuclear power plant's circuit breaker to accommodate a new transmission line being developed by Avangrid Inc., a split D.C. Circuit panel has ruled.

  • October 07, 2024

    IRS Finalizes Conservation Easement Reporting Rules

    The IRS released final regulations Monday that impose additional reporting requirements under the threat of penalty for partnerships that abuse a conservation easement tax deduction after the agency suffered major losses in court battles that invalidated the original 2017 rules for violating administrative law.

  • October 04, 2024

    Real Estate Execs Accused Of NYC Deed Theft Scheme

    Three real estate executives have been arrested in connection with a purported $500,000 deed theft scheme that preyed upon a vulnerable home owner in the Bronx, according to the Office of the New York State Attorney General.

  • October 04, 2024

    NY State Gives 1,000 Acres Back To Onondaga Nation

    New York's Onondaga Nation has regained 1,000 acres of its ancestral lands in the Tully Valley, making the title transfer one of the largest of its kind by any state, after tribe members have said for decades that the land was unlawfully taken by the federal government in the 18th century.

  • October 03, 2024

    Brookfield Sued Over LA Subway Terminal Building Damage

    The owner of the subterranean floors of Los Angeles' old Subway Terminal Building has filed suit against Brookfield Properties Multifamily LLC and the affiliated owner of aboveground luxury units, arguing the pair must pay for water damage in the basement.

  • October 03, 2024

    12 Lawyers Who Are The Future Of The Supreme Court Bar

    One attorney hasn't lost a single U.S. Supreme Court case she's argued, or even a single justice's vote. One attorney is perhaps "the preeminent SCOTUS advocate." And one may soon become U.S. solicitor general, despite acknowledging there are "judges out there who don't like me." All three are among a dozen lawyers in the vanguard of the Supreme Court bar's next generation, poised to follow in the footsteps of the bar's current icons.

  • October 03, 2024

    Sens. Question If Payouts Taint Execs' Push For US Steel Deal

    Two U.S. senators wrote to U.S. Steel's president and CEO on Wednesday seeking guarantees that a $72 million "golden parachute" deal wasn't driving the executive's willingness to support a $14.1 billion merger with Japanese steelmaker Nippon Steel.

  • October 01, 2024

    Rocket Cos. Investors Lose Cert Bid In Post-Goldman Ruling

    A Michigan federal judge has declined to grant class status to Rocket Cos. investors suing over the company's post-pandemic loan portfolio, saying that optimistic statements about the firm's future were too generic to be relied upon in light of a recent U.S. Supreme Court ruling in Goldman Sachs' favor that dealt with a similar issue.

  • October 01, 2024

    Mich. Appeals Court Denies Tax Break For Church Retreat

    The Michigan Court of Appeals affirmed a state tax tribunal decision that said a church's ministry retreat house that offered recreational activities wasn't exempt from property taxes.

  • October 01, 2024

    Lewis Brisbois Real Estate Co-Chair Joins Procopio In Calif.

    Procopio Cory Hargreaves & Savitch LLP announced that the former managing partner of Lewis Brisbois Bisgaard & Smith LLP's Indian Wells, California, office and real estate co-chair joined the firm's San Diego office as a partner.

  • October 01, 2024

    Ga. Atty Disbarred For Taking $850K From Investor Clients

    The Georgia Supreme Court disbarred an attorney Tuesday for mishandling about $850,000 of his real estate investor clients' money, concluding that such a severe sanction is "consistent with similar cases in which a lawyer abandons clients, violates the rules related to trust accounts and defaults during the disciplinary process." 

  • September 27, 2024

    Osage Nation Says DOI Can't Avoid Its $4.9M Funding Suit

    The Osage Nation is fighting a bid by the U.S. Department of the Interior to bring the tribe's $4.9 million lawsuit over self-determination to a quick end, telling a D.C. federal judge that he has the jurisdiction to rule on the case.

  • September 27, 2024

    Ex-Conn. Police Chief Drops Atty Fee Ask After Lawsuit Win

    The former police chief in Newington, Connecticut, dropped his demand for attorney fees after defamation claims against him were dropped and a state court judge ordered that, in order to collect, his lawyer may have to testify at an upcoming hearing.

  • September 27, 2024

    NY's Midtown Bus Terminal Clears Enviro Review Hurdle

    The Port Authority of New York and New Jersey and the Federal Transit Administration said on Friday that the agencies have signed the final environmental impact statement for the replacement of Manhattan's Port Authority Bus Terminal, bringing the $10 billion proposed project closer to becoming reality.

  • September 26, 2024

    Few Investors Say They Factor ESG In Real Estate Strategies

    About a quarter of surveyed fund managers and investment professionals said they considered environmental, social and corporate governance standards in real estate investments, a smaller portion than those who factor ESG in private equity strategies, a new study found.

  • September 26, 2024

    Judge Says DOI Didn't Satisfy Cherokee Accounting Duties

    A D.C. federal judge ruled that the U.S. government has not fulfilled its duty to provide the Cherokee Nation with a full accounting of its assets held in federal trust, handing a win to the Oklahoma-based tribe after five years of litigation.

  • September 26, 2024

    Ohio Justices Nix Woodland Deduction Rate As Arbitrarily Low

    The Ohio Supreme Court ordered the state's tax commissioner Thursday to recompute the value of a deduction for clearing woodlands that factors into assessments of agricultural properties, agreeing with a group of landowners who argued the figure was set arbitrarily low.

  • September 26, 2024

    Calif. Revives Tax Breaks For Manufacture Property

    California reinstated a capital investment incentive program that allows local governments to offer partial property tax abatements for qualified manufacturing facilities and expanded the program to include qualifying projects that make lower initial investments under a bill signed by Democratic Gov. Gavin Newsom.

  • September 26, 2024

    Pa. Justices Reject New Tax Hearing For Charter School

    The Pennsylvania Commonwealth Court erred in sending a charter school's retroactive property tax appeal back to a county board, because the charter school had failed to exhaust statutory remedies, the state Supreme Court ruled Thursday.

  • September 26, 2024

    US Census, Osage Nation Sign Info Sharing Agreement

    The U.S. Census Bureau and the Osage Nation signed an agreement to share the federally recognized Oklahoma tribe's aggregated administrative data in an effort to provide a more accurate picture of Indian Country and its needs.

  • September 25, 2024

    Cherokee Nation Asks Court To Reject Descendant Rehearing

    The Cherokee Nation has asked a D.C. federal judge to deny a request by a descendant of persons of African descent, who were once enslaved by the tribe, for a rehearing after the court threw out her bid for $90 million in damages.

  • September 25, 2024

    Navajo Nation Inks $31M Deal With Bitco For Veteran Housing

    The Navajo Nation said it has signed a $31 million contract with tribally owned Bitco Corp. to build 95 homes for Navajo veterans, using funds provided by President Joe Biden's American Rescue Plan Act.

Expert Analysis

  • High Court's Return To Wetlands Debate May Bring Clarity

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    The U.S. Supreme Court's recent decision to revisit the reach of the Clean Water Act, in its forthcoming consideration of Sackett v. U.S. Environmental Protection Agency, may help lift the clouds of uncertainty that have plagued jurisdictional wetlands determinations for decades, says Bryan Moore at Balch & Bingham.

  • Electricity Market Competition Helps Consumers And Climate

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    Lawmakers looking to combat climate change and increase consumer choice should encourage and expand competitive electricity supply markets, to free customers from inefficient and often corrupt vertically integrated monopoly utilities, says Todd Snitchler at the Electric Power Supply Association.

  • What Infrastructure Act Means For Transmission Line Projects

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    The Infrastructure Investment and Jobs Act gives the Federal Energy Regulatory Commission authority to supersede state siting decisions for electric transmission projects, but environmental review requirements make a sudden acceleration of transmission line construction unlikely, say attorneys at Winston & Strawn.

  • DOI's Vision For Offshore Wind: Obstacles And Opportunities

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    The U.S. Department of Interior's recent announcement of its intent to open the U.S. coastline to large-scale offshore wind projects is promising, but wind developers must be ready to confront distinct technical and regulatory challenges in each coastal region, say attorneys at Holland & Knight.

  • Jones Act Compliance Strategies For Offshore Wind Projects

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    Offshore wind developers can use a number of strategies to get projects done while meeting the challenges of complying with Jones Act requirements for the use of vessels built, owned and operated by U.S. persons, say Jonathan Wilconis and Carl Valenstein at Morgan Lewis.

  • Biden's Infrastructure Funding Comes With Strings Attached

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    ​The bipartisan infrastructure funding bill enacted last November ​creates new jobs and business opportunities, but ​its ​changes to domestic preferences and Made in America enforcement also give rise to new compliance hazards for unwary manufacturers and government contractors, say Jeffrey Belkin and Grecia Rivas at Alston & Bird.

  • NIMBYism Is Endangering America's Clean Energy Future

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    The U.S. has made remarkable strides in recent years toward a cleaner, more sustainable energy future — but further progress is threatened by a not-in-my-backyard cancel culture that seeks to thwart every type of major energy development, says Albert Wynn at Greenberg Traurig.

  • Science-Based Definition Of US Waters Won't Pass In Court

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    The U.S. Environmental Protection Agency and the U.S. Army Corps of Engineers recently proposed a science-backed definition of "waters of the United States" for the Clean Water Act, but the U.S. Supreme Court is unlikely to be persuaded that science trumps a constitutional or statutory limit on the EPA's and the Corps' authority, says Jeffrey Porter at Mintz Levin.

  • What Justices' Groundwater Ruling Means For State Disputes

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    The U.S. Supreme Court's recent decision in Mississippi v. Tennessee aids future negotiations over interstate groundwater resources, both by explicitly informing states what the default rule is, and by implicitly giving states authority to trade off water rights across a broader spectrum of water resources, says Robin Craig at USC Gould School of Law.

  • BGC-Cantor Suit Highlights Independent Directorship Issue

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    The Delaware Chancery Court recently sent breach of fiduciary duties claims to trial in the disputed merger between BGC and a unit of Cantor Fitzgerald, highlighting both the legal benefits of seeking out directors that meet the court's criteria of independence from the controller, and the significant, negative impacts when they are not, say attorneys at Fried Frank.

  • How Dealmakers Can Bridge M&A Differences In US, Europe

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    As business continues to heat up globally, differing practices and norms in mergers and acquisitions can lead to misunderstandings between U.S. and European dealmakers, but a comparison of documentation structures and processes can help avert these complications, say Piotr Korzynski and Piotr Jaskiewicz at Baker McKenzie.

  • Feds May Need Power To Take State Lands For New Grid

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    The Biden administration's plan to move the U.S. electricity sector to renewable energy will require extensive new high-voltage transmission infrastructure, but since states have the ability to block construction of power lines, Congress will need to give federal regulators eminent domain authority over state-owned lands to get the job done, say attorneys at V&E.

  • How Canceling The Border Wall Affects Gov't Contractors

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    President Joe Biden's cancellation of the border wall project has left some federal contractors in the lurch, but including protective flow-down termination clauses in their contracts can guard against subcontractor liability and ensure recovery, says Adrien Pickard at Shapiro Lifschitz.

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