Residential

  • July 31, 2024

    With CENSAI, Real Estate Dives Into Detailed Population Data

    The real estate industry's growing embrace of technology has placed greater emphasis on the role of data in making decisions. Data and technology firm i360 has recently made a move into this sector with CENSAI Population Intelligence, a new venture it says will provide investors and developers more reliable and up-to-date insights and projections on markets and even individual properties.

  • July 30, 2024

    Fla. Insurance Co. Accused Of Causing Black Mold Death

    A Florida insurance company was accused of wrongfully causing the death of a woman who died from black mold contamination in a state complaint brought by her sole descendant, who alleges the insurer didn't send a promised team to remediate the woman's home after it was damaged by Hurricane Ian.

  • July 30, 2024

    Zillow Escapes Real Estate Agent's Trade Practices Claim

    Zillow Inc. on Tuesday escaped a proposed class action by a Connecticut real estate agent who claimed the website's computer-based home value estimates and "contact agent" buttons interfered with the ability of on-the-ground professionals to manage listings, work with clients and accurately price properties.

  • July 30, 2024

    Ex-HFZ Capital Chief Can't Reduce Bail In $86M Fraud Case

    A Manhattan judge on Tuesday denied, for now, a request by the former head of troubled real estate firm HFZ Capital Group to lower a hefty bail requirement so he can get out of Rikers Island while fighting $86 million theft and tax fraud charges.

  • July 30, 2024

    Ohio Bill Would Create Credit For Property Tax, Rent

    Ohio would allow homeowners and renters to claim a refundable property tax credit or rebate if their property tax or rent-equivalent tax exceeds 5% of their household income under a bill introduced in the House of Representatives.

  • July 30, 2024

    Insurer Says No Coverage For Florida Sex Assault Claims

    A trust facing a negligence claim after a minor said she was sexually assaulted while staying at the trust's vacation rental isn't owed any coverage for the lawsuit, its insurer told a Florida federal court Tuesday, citing a sexual molestation exclusion.

  • July 30, 2024

    No Damage Needed To Replace NJ Beach House, Panel Says

    New Jersey property owners looking to replace an existing structure located in a flood hazard area don't have to show it's in an unusable condition, a state appellate panel ruled Tuesday, backing the state Department of Environmental Protection's denial of a request by neighbors to rescind a developer's permit to replace a beachfront home.

  • July 30, 2024

    Feds Must Maintain Center's EB-5 Status During Fee Dispute

    A Montana federal judge ordered U.S. Citizenship and Immigration Services to maintain a regional center's designation to participate in the EB-5 investor visa program while he reviews claims that the agency moved to terminate its designation without proper notice.

  • July 30, 2024

    Ropes & Gray Adds Partner To Int'l Tax Practice

    Ropes & Gray LLP recently added a tax adviser with a wealth of experience navigating transactions, funds and investments for clients as a partner in its New York office, the firm said.

  • July 30, 2024

    Legal Fees Caused Operating Cost Spike In Q2, Equity Says

    As Equity Residential reported higher occupancy, sales and income in the second quarter, an executive on Tuesday told investors that the multifamily giant's defense costs in "regulation by litigation" legal cases were on the rise, as well, driving an annual increase in operating expenses.

  • July 30, 2024

    NYC Condo Building Nears Peace Deal With Lenders In Ch. 11

    Bankrupt New York City condominium complex Hudson 888 Owner told a bankruptcy judge Tuesday that it is days away from reaching a settlement for its Chapter 11 plan, which will see it hand over its real estate to its main lender to clear its debts.

  • July 29, 2024

    Ky. Tower Sale Laundering Case Should Proceed, Judge Told

    A Florida magistrate judge has recommended denying a bid by two Miami businessmen to toss litigation filed by the U.S. government looking to seize about $9.1 million from the sale of a Kentucky office tower over alleged ties to a Ukrainian money laundering scheme.

  • July 29, 2024

    Tenants Reach $16.5M Settlement In Service Fees Suit

    A certified class of Section 8 housing voucher holders agreed to settle their claims for $16.5 million in California federal court against property owners and managers who allegedly violated the tenants' federal housing assistance payments contracts by wrongfully overcharging them with additional rent for amenities such as washers and dryers.

  • July 29, 2024

    Mich. Top Court Says 2020 Tax Foreclosure Ruling Retroactive

    The Michigan Supreme Court on Monday gave retroactive effect to its 2020 decision that said local governments violate homeowners' rights by profiting from the sales of their tax-foreclosed homes, saying Michigan's "robust" history of protecting against takings weighs in favor of making the ruling retroactive.

  • July 29, 2024

    BofA Mortgage Loan Officers Get Conditional Cert. In OT Suit

    A group of mortgage loan officers who accused Bank of America of misclassifying the employees as overtime-exempt has cinched conditional collective certification, with a North Carolina federal judge rejecting the bank's arguments that their job duties were too different to merit certification.

  • July 29, 2024

    Conn. Justices OK Vrbo Host's Short-Term House Rentals

    A divided Connecticut Supreme Court ruled Monday that a Vrbo host in Branford was allowed to rent out his property to vacationers under a set of regulations passed in 1994, before the local zoning board changed the rules in 2018 to ban his activities.

  • July 29, 2024

    Fraudster Faces Florida Condo Eviction Over Chain-Smoking

    A Florida luxury condominium association has brought a state court lawsuit against an admitted real estate fraudster and seeks to have him removed as a tenant over his chain-smoking, saying he broke the terms of his lease but continues to reside in his condo unit.

  • July 29, 2024

    9th Circ. Rules Ch. 7 Debtor Can't Exempt Home From Estate

    The Ninth Circuit ruled that a debtor in a Chapter 7 bankruptcy case in Washington state cannot pursue above-limit homestead exemption and that the remaining proceeds of her property should go to the bankruptcy estate, reversing the bankruptcy appellate panel's decision in 2022.

  • July 29, 2024

    Realtor.com Parent Fights Uphill For CoStar Injunction

    A California federal judge appeared skeptical Monday of a preliminary injunction request from Realtor.com's parent company seeking to block rival CoStar from misappropriating trade secrets and unlawfully accessing its computers, saying the alleged theft doesn't appear to involve a secret "formula" but rather website content.

  • July 29, 2024

    NY City's Rent Regs Draw Legal Challenge

    The Hudson Valley Property Owners Association made good on its promise to challenge Poughkeepsie, New York's, move to adopt rent stabilization citywide, alleging in New York state court that the underlying vacancy rate the city used to opt in was miscalculated.

  • July 29, 2024

    Mich. Justices Uphold Power To Pause Pandemic Deadlines

    The Michigan Supreme Court affirmed Monday that it had the power to suspend case filing deadlines for three months at the onset of the COVID-19 pandemic, ruling the temporary measure was not an overreach of the judiciary's authority.

  • July 29, 2024

    NYC Real Estate Week In Review

    Romer Debbas and Marcus Attorneys are among the law firms that steered the largest New York City deeds that hit public records last week, a slow period that saw only five transactions north of $15 million become public.

  • July 29, 2024

    Workspace To Sell Residential Development For £13M

    Flexible workspace provider Workspace Group PLC said Monday that it has agreed to sell a residential redevelopment site in the southeastern English town of Woking for £13 million ($16.7 million).

  • July 26, 2024

    CFIUS Report Says More On Real Estate Than Meets The Eye

    The Committee on Foreign Investment in the United States' latest report to Congress shows no significant change in the number of real estate-related cases the committee reviewed in 2023, but that does not mean properties weren't on the government's radar, attorneys say.

  • July 26, 2024

    Property Plays: Pretium, United Center, 830 Brickell

    Property Plays is a weekly roundup of the latest loans, leases, sales and projects around the country. Send your tips — all confidential — to realestate@law360.com.

Expert Analysis

  • Zoning Reform May Alleviate The Affordable Housing Crisis

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    As America's affordable housing issues continue to worsen, zoning reform efforts can help to provide more affordable homes and mitigate racial and economic segregation, though opposition from residents and in courts could present challenges, say Evan Pritchard and Madeline Williams at Cozen O'Connor.

  • NJ Justices Clarify First-Party Indemnification Availability

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    In Boyle v. Huff, the New Jersey Supreme Court recently held that indemnification can be available in first-party claims, resolving an open question and setting up contracting parties for careful negotiations around indemnity clauses, says Todd Leon at Marshall Dennehey.

  • Fla. HOA Reforms Bring Major Wins For Homeowners

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    A recently signed law brings broad changes for homeowners associations in Florida, alleviating some pressure imposed by overly restrictive rules and potentially setting up litigation surrounding how HOAs enforce their governing documents, says Christopher Miller at Varnum.

  • Addressing Labor Shortages In The Construction Industry

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    As the construction industry's ongoing struggle with finding sufficient skilled workers continues, companies should consider a range of solutions including a commitment to in-house training and creative contracting protocols, say Brenda Radmacher and Allison Etkin at Akerman.

  • A Framework For Investigating Commercial Loan Fraud

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    As commercial loan transactions are increasingly subject to sophisticated fraud schemes, lenders must adopt dynamic strategies to detect, investigate and mitigate these schemes, say attorneys at Baker Donelson.

  • Glassblowing Makes Me A Better Lawyer

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    I never expected that glassblowing would strongly influence my work as an attorney, but it has taught me the importance of building a solid foundation for your work, learning from others and committing to a lifetime of practice, says Margaret House at Kalijarvi Chuzi.

  • How NY Co-Ops Can Minimize Sale Rejections Based On Price

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    New York co-op sales are regularly rejected for being below undisclosed price minimums, and co-op boards should address this problem by sharing information more transparently and allowing some flexibility for below-market sales, say Pierre Debbas and Seth Feldman at Romer Debbas.

  • Money, Money, Money: Limiting White Collar Wealth Evidence

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    As courts increasingly recognize that allowing unfettered evidence of wealth could prejudice a jury against a defendant, white collar defense counsel should consider several avenues for excluding visual evidence of a lavish lifestyle at trial, says Jonathan Porter at Husch Blackwell.

  • High Court's BofA Ruling Leaves State Preemption Questions

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    A recent U.S. Supreme Court decision in Cantero v. Bank of America sheds light on whether certain state banking regulations apply to federally chartered banks, but a circuit split could still force the Supreme Court to take a more direct position, says Brett Garver at Moritt Hock.

  • How A Bumblebee Got Under Calif. Wildlife Regulator's Bonnet

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    A California bumblebee's listing as an endangered species could lead to a regulatory quagmire as California Department of Fish and Wildlife permits now routinely include survey requirements for the bee, but the regulator has yet to determine what the species needs for conservation, says David Smith at Manatt.

  • The Clock Is Ticking For Fla. Construction Defect Claims

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    Ahead of the fast-approaching July 1 deadline for filing construction defect claims in Florida, Sean Ravenel at Foran Glennon discusses how the state's new statute of repose has changed the timeline, and highlights several related issues that property owners should be aware of.

  • Wiretap Use In Cartel Probes Likely To Remain An Exception

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    Although the U.S. Department of Justice's Antitrust Division has recently signaled interest in wiretaps, the use of this technology to capture evidence of antitrust conspiracies and pursue monopolization as a criminal matter has been rare historically, and is likely to remain so, say Carsten Reichel and Will Conway at DLA Piper.

  • Playing Chess Makes Me A Better Lawyer

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    There are many ways that chess skills translate directly into lawyer skills, but for me, the bigger career lessons go beyond the direct parallels — playing chess has shown me the value of seeing gradual improvement in and focusing deep concentration on a nonwork endeavor, says attorney Steven Fink.