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Features
The Supreme Court of California determined that the landlord held the requisite control under the associated lease agreement with the co-tenant because that co-tenant was located on property owned by that landlord. The court made a clear distinction between that scenario and the situation where a co-tenant is located on property owned by an unrelated third party.
Use Variance Mandated Under Relaxed Standard for Public UtilitiesAppeal of Variance Grant Moot Because Residence Was Completed
Features
The commercial real estate market, particularly the office sector, faces a significant and imminent challenge: substantial reductions in federal government leasing. It's not a question of if but how much Uncle Sam will downsize its office footprint.
Buyer Entitled to Specific PerformanceQuestions of Fact Preclude Summary Judgment On Issue of Title to Paper StreetTrue Owner Did Not Rebut Hostility By Adverse Possession
Features
Lenders typically will only pursue foreclosure as a remedy for default if a borrower has defaulted on a real, economic term of the deal — that is, when the borrower has failed to pay principal or interest.However, a series of recent cases has illustrated that borrowers who default on terms of the loan which are unrelated to the debt itself may nonetheless face foreclosure.
Features
There’s been a rebound for Class A and A+ office properties. This comes after office reached bottom in 2023, with Colliers calling the asset class a “leader in year-over-year sales gains.”
Proprietary Lease’s Attorney’s Fee Provision Unenforceable
Features
In an era where the workplace is constantly evolving, law firms face unique challenges and opportunities in facilities management, real estate, and design. Across the industry, firms are reevaluating their office spaces to adapt to hybrid work models, prioritize collaboration, and enhance employee experience. Trends such as flexible seating, technology-driven planning, and the creation of multifunctional spaces are shaping the future of law firm offices.
Features
New York City enacted the Fair Chance for Housing Act on Jan. 1, 2025, a transformative law reshaping how criminal history influences housing decisions. Its goal is to address the disparate impact that review and consideration of criminal records may have on the ability of persons of color to obtain housing.
Features
AI has the capability to fundamentally transform commercial real estate transactions by enhancing efficiency and accuracy in due diligence, contract review, and market analysis. However, as the use of AI becomes more common place, the industry must continue to address challenges such as data privacy and algorithmic biases to ensure ethical and equitable outcomes.