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City of Yes: Housing Opportunity — A Little Bit Of Everything, Everywhere
New York City’s recently adopted City of Yes for Housing Opportunity (CHO) represents the most significant overhaul of residential zoning regulations in decades. While its projected creation of 82,000 housing units over 15 years falls well short of the city’s needs, the initiative is important for its systematic dismantling of post-war zoning restrictions that have long constrained housing development in the city.
At its core, the reform package (which became effective as of Dec. 5, 2024) addresses three fundamental barriers to housing production: mandatory parking requirements that are disconnected from demand, rigid separation of housing types, and concentration of density through selective neighborhood downzoning.
The sweeping nature of these zoning changes extends far beyond the headline policy initiatives, embedding numerous technical modifications throughout the zoning resolution. While the broad strokes are clear, the detailed mechanics of implementation remain uncertain in several critical areas. The interplay between existing procedures and new provisions will likely generate significant interpretive questions and litigation as developers seek to take advantage of these opportunities.
Major Differences In UK, U.S. Copyright Laws
This article highlights how copyright law in the United Kingdom differs from U.S. copyright law, and points out differences that may be crucial to entertainment and media businesses familiar with U.S law that are interested in operating in the United Kingdom or under UK law. The article also briefly addresses contrasts in UK and U.S. trademark law.
The Article 8 Opt In
The Article 8 opt-in election adds an additional layer of complexity to the already labyrinthine rules governing perfection of security interests under the UCC. A lender that is unaware of the nuances created by the opt in (may find its security interest vulnerable to being primed by another party that has taken steps to perfect in a superior manner under the circumstances.
Legal Possession: What Does It Mean?
Possession of real property is a matter of physical fact. Having the right or legal entitlement to possession is not "possession," possession is "the fact of having or holding property in one's power." That power means having physical dominion and control over the property.
Removing Restrictive Covenants In New York
In Rockwell v. Despart, the New York Supreme Court, Third Department, recently revisited a recurring question: When may a landowner seek judicial removal of a covenant restricting use of her land?
Warehouse Liability: Know Before You Stow!
As consumers continue to shift purchasing and consumption habits in the aftermath of the pandemic, manufacturers are increasingly reliant on third-party logistics and warehousing to ensure their products timely reach the market.