Expert Analysis

NY Banking Brief: All The Notable Legal Updates In Q2

The year's second quarter brought several notable banking law developments to New York, including a proposal to al... (more story)

What Ex-CFPB Head's Calif. Role May Foretell For Oversight

California Gov. Gavin Newsom's selection of former Consumer Financial Protection Bureau Director Rohit Chopra to l... (more story)

New Colo. Retainage Bonds Shift Construction Power Balance

A new Colorado law that can force property owners and developers to accept bonds from contractors in lieu of tradi... (more story)

Commercial More

NYC Settles Extra Space Suit Ahead Of Licensing Rollout

New York City said Thursday it has settled its suit accusing Extra Space Storage Inc. of predatory business practices for more than $1.7 million, resolving its claims before the city's new self-storage licensi... (more story)

NJ Looks To Renew RealPage Antitrust Claims Against REIT

New Jersey has asked the state's federal court to allow it to file an amended complaint that fixes the pleading issues in its suit accusing multifamily real estate investment trust AvalonBay Communities Inc. o... (more story)

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These Firms Guided First Half's Top Hospitality M&A Deals

Weil, Mayer Brown and Paul Weiss are among the law firms that landed work on the largest hospitality mergers and acquisitions of the year's first half, a period that saw seven transactions north of $1 billion. 

Workers Drop WARN Act Suit To Join Related Colo. Case

Two former employees dropped a proposed class action accusing a recently shuttered commercial facility services company of failing to warn workers before mass layoffs and facility closures, with the case expec... (more story)

Prologis Pushes Segro For Talks On £12.6B Takeover Bid

Real estate investment trust Prologis Inc. has ramped up pressure on the board of Segro PLC to engage in talks for a £12.6 billion ($16.9 billion) takeover, telling shareholders in the British company on Thurs... (more story)

Calif. Ex-Social Worker Helps 2 Sides Of NYC Real Estate Deal

A $31 million Manhattan commercial property transaction is nothing out of the ordinary. A handful of such deals — give or take $10 million — typically hit public records each week. But in the case of 38 W. 21s... (more story)

Minn. Tax Court Weighs Tower Sale Prices In Value Dispute

The Minnesota Tax Court will consider recent purchase prices for the Wells Fargo Center in Minneapolis, along with a discounted cash flow analysis, in a hundred-million-dollar tax valuation dispute over the office tower.

Residential More

Attys Seek Clarity, Carveouts In NYC 2nd-Home Tax Rules

Practitioners implored the New York City Department of Finance on Thursday to clarify certain elements of the agency's proposed rules for a tax on high-value second homes, including addressing whether purchase... (more story)

Calif. Tribe Says Immunity Bars Challenge Over Village Site

The Trinidad Rancheria is seeking to intervene in a challenge that looks to block a California city's jurisdiction over matters concerning an Indigenous village site's management, arguing that the dispute can'... (more story)

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Unstable Ex-Pfizer Office Spurs Evacuations In Manhattan

The reported instability of pharmaceutical giant Pfizer's former New York City office headquarters, which is undergoing a conversion into residential units, led to the evacuations of multiple nearby buildings ... (more story)

Haber Law Adds Litigator From Kasowitz In Miami

A longtime attorney for Kasowitz LLP with experience in high-stakes litigation has brought her practice to Haber Law in Miami.

Guild Mortgage Unit Reaches Deal To End Data Breach Suit

A proposed class has decided to settle its data breach claims against mortgage lender and Guild Mortgage subsidiary Academy Mortgage Corp., according to a joint settlement notice filed in Utah federal court on Wednesday.

RealPage And Willow Bridge Face Class Claims After DOJ Deal

RealPage and Texas-based Willow Bridge Property Company have been hit with class claims alleging they violated Philadelphia's prohibition on the coordination of residential rents by collecting and using non-pu... (more story)

CFPB Calls For Input On Mortgage Rule Changes To Cut Costs

The Consumer Financial Protection Bureau is kicking off a broad review of its mortgage disclosure rules that is aimed at identifying ways to ease compliance costs for lenders and expand credit access for borro... (more story)