Recent Publications - Real Estate, Zoning & Land Use
July 17, 2023 | |
While demand for new housing in the United States is strong, the ability to meet this demand is hampered by lack of water resources. This is especially true in states experiencing population growth such as Florida and Texas. Any proposal to develop new residential housing must include water conservation measures to assure there will be
Read MoreJuly 7, 2023 | |
Zoning boards have a difficult job. They must walk a narrow gauntlet between potentially killing a development project before it has begun by not allowing necessary variances and allowing harm to the environment that could be caused by the project.
Traditionally zoning boards focused on such issues as traffic, parking and whether a proposed project
Read MoreJune 23, 2023 |
You found the right site. You completed the due diligence and are negotiating the purchase and sale agreement. Now you must raise the equity. You have multiple sources, each with differing financial issues from tax to return requirements. Here are a few points sponsors should consider when syndicating a real estate deal:
June 22, 2023 | |
Here is what we cover in this issue of The Title Reporter: A Legal Update for the Title Insurance Industry:
- A trial court in New York has dismissed a negligence action against a title company brought by a developer, ruling that the only entity to which the title company owed a duty was the
May 11, 2023 |
Recently, two important court decisions ruled that a New York City local law known as the Guaranty Law, which rendered unenforceable certain guaranties of commercial lease obligations, was unconstitutional. One month later, the New York Supreme Court declined to follow it.
Conflicting rulings, however, left the issue unsettled and landlords without clear guidance.
In 2020,
Read MoreMay 5, 2023 |
The New Jersey Division on Civil Rights (DCR), which addresses and prevents housing discrimination in New Jersey, has increased its enforcement measures over the past 18 months. The increase in enforcement coincides with a rise in DCR complaints by both current and prospective tenants alleging violations of the New Jersey Law Against Discrimination (the LAD)
Read MoreMarch 23, 2023 | |
Here is what we cover in this issue of The Title Reporter: A Legal Update for the Title Insurance Industry:
- An appellate court in Arkansas, affirming a trial court’s decision, has ruled that a title insurer had properly denied coverage to an insured bank in connection with a defect in title of which the
March 1, 2023 |
Capital gains taxes can take a chunk out of the proceeds from an investment property sale – sometimes upward of 30% when federal and state taxes are combined. A 1031 tax deferred exchange is one way to defer paying capital gains taxes on real estate investments, but it comes with requirements that, if not met,
Read MoreFebruary 24, 2023 | |
Many individuals are considered “house rich, cash poor,” meaning that their biggest asset is their house. While some of these individuals have an estate plan in place, many do not and are unaware of the consequences. Without proper estate planning, heirs inheriting a house can find themselves in a precarious situation. Fortunately, a provision in
Read MoreFebruary 2, 2023 |
New Jersey presents a particular challenge for multifamily owners and managers. Unlike New York City, which has clearcut laws governing rent control, New Jersey has more than 100 municipalities, each with its own rent control ordinances. Multifamily purchasers and managers can unknowingly violate the ordinances unless they are aware of the requirements.
These municipal rent
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