Real Estate

  • February 14, 2025

    Ex-JPMorgan Atty Pleads Guilty To NYC Housing Fraud

    A one-time Bronx, New York, prosecutor and former JPMorgan Chase & Co. assistant general counsel pled guilty along with two relatives to a scheme to fraudulently obtain affordable housing units and benefits, state investigators announced Friday.

  • February 14, 2025

    Akerman Brings On GC For Land Developer In Miami

    Akerman LLP has expanded its real estate practice in Miami with a partner who formerly served as general counsel for the land developer of a master-planned community in South Florida.

  • February 14, 2025

    Simpson Guides KKR On $850M-Plus Real Estate Credit Fund

    Global investment giant KKR, advised by Simpson Thacher & Bartlett LLP, announced on Friday it had clinched its second opportunistic real estate credit fund, raising over $850 million for a dedicated strategy of investments in senior loans and real estate securities in the U.S. and Western Europe.

  • February 13, 2025

    Eric Adams Donor Accused Of Stealing COVID Housing Funds

    A New York City hotel owner with ties to Mayor Eric Adams was among three individuals accused of scheming to steal tens of millions of dollars from a program intended to get certain incarcerated individuals out of detention centers during the COVID-19 pandemic, according to an indictment unsealed Thursday.

  • February 13, 2025

    Exec Cops To Conspiring To Overbill Gov't In Station Project

    A former executive for a masonry contractor involved in the multimillion-dollar restoration of Philadelphia's historic 30th Street Station has admitted to a scheme that involved bribing an Amtrak employee to overcharge the federal government $2 million for the project, the U.S. Attorney's Office in Philadelphia said Thursday.

  • February 13, 2025

    Madigan Verdict Caps Stunning Fall For Powerful Chicago Pol

    Former Illinois House Speaker Michael Madigan's conviction Wednesday on bribery and wire fraud charges marked a stunning fall from grace for a man who was the longest-serving legislative leader in the country and who wielded considerable influence in the state and the city of Chicago for decades.

  • February 13, 2025

    NC Biz Court Bulletin: Defaulted Notes, EB-5 Investor Fraud

    The North Carolina Business Court has been handed in the first half of February a receivership case involving a defaulted $17.5 million promissory note, a fraud suit by Chinese EB-5 investors and a request to depose the chief legal officer of Smithfield Foods Inc.

  • February 13, 2025

    NY State Says Nothing New In Seneca Nation's Thruway Suit

    The state of New York is asking a federal district court to dismiss a challenge by the Seneca Nation over a portion of thruway that runs through its reservation, arguing that nothing could have possibly changed in the 14-year dispute over the validity of a 1954 easement.

  • February 13, 2025

    Profs Back Hotel Guests In 3rd Circ. Algorithmic Pricing Case

    A group of academics has joined antimonopoly groups to support hotel guests accusing several Atlantic City casino hotels of using shared software to fix room rates in their Third Circuit fight to revive their suit.

  • February 13, 2025

    DC Judge Says Utah Tribe Can't Restore Reservation Lands

    A District of Columbia federal judge refused to hand over ownership of federally managed land in a Utah reservation to a Utah tribe, ruling Thursday that the tribe wasn't entitled to ownership.

  • February 13, 2025

    Atty Can Keep Fees In Foreclosure Row, Mich. Panel Rules

    A trial court shouldn't have ordered an attorney to refund fees for representing a condominium association in its failed attempt to foreclose on unit owners because the attorney was not a party to the action or accused of conversion, a Michigan appellate panel found Wednesday.

  • February 13, 2025

    Buyer Seeks $3.5M Price Cut Over Bungled Conn. Mill Cleanup

    A property developer has asked a Connecticut Superior Court judge to lower the purchase price of a polluted industrial site in Branford from $6 million to $2.5 million, saying the seller failed to develop legitimate remediation plans and breached a settlement agreement that ended prior litigation.

  • February 13, 2025

    NYC Man Pleads Guilty To $62.8M Crowdfunded CRE Scheme

    A New York City man who raised $62.8 million through commercial real estate platform CrowdStreet for sham developments in Atlanta, Georgia, and Miami Beach, Florida, has pled guilty to a federal wire fraud charge.

  • February 13, 2025

    Artist Sues Over Sculpture Left After Property Sale

    An artist says he is owed $175,000 for a sculpture on the grounds of a home in a wealthy Massachusetts waterfront enclave, left there by a friend who sold the property nearly five years ago, according to a lawsuit filed in state court.

  • February 13, 2025

    SDNY US Atty Resigns, Alleging Trump-Adams 'Quid Pro Quo'

    Danielle R. Sassoon, the interim U.S. attorney for the Southern District of New York, resigned Thursday after she refused an order by U.S. Department of Justice officials to drop the federal corruption charges against New York City Mayor Eric Adams and expressed concern the move was part of an improper quid pro quo with President Donald Trump.

  • February 12, 2025

    8th Circ. Vacates Ruling In Minn. Tribal Reservation Dispute

    An Eighth Circuit panel on Wednesday remanded a dispute between a Minnesota tribe and Mille Lacs County officials to a federal district court with instructions to vacate, saying a recently amended state law upholds a 19th-century treaty that gives unqualified law enforcement jurisdiction to the tribe over its reservation's boundaries.

  • February 12, 2025

    One Sotheby President, Wife Hit With Wrongful Death Suit

    The president of One Sotheby's International Realty and his wife have been accused in Florida state court of being responsible for causing the death of a woman's adult son in a vehicle collision.

  • February 12, 2025

    RealPage Wants DC Sanctioned For Tactics In Antitrust Suit

    RealPage is moving for sanctions against the District of Columbia and its attorneys at Cohen Milstein in the city's rental housing price-fixing suit, accusing the district of failing to back up a major claim in its 2023 complaint and changing the allegation only when threatened with a Rule 11 motion.

  • February 12, 2025

    Mich. Justices Urged To Find Vacation Stays A Residential Use

    An intellectual property attorney told the Michigan Supreme Court that short-term rentals are permissible under land covenants that only allow residential use, urging the court to follow "the national consensus" established by other state supreme courts that have answered the question.

  • February 12, 2025

    AIG Unit Says $6M Construction Defect Deal Isn't Covered

    An AIG unit said it shouldn't have to cover a $6 million agreement and stipulated judgment between a stucco subcontractor and the owner of an apartment construction project, telling an Arizona federal court Wednesday that the deal is unreasonable and unenforceable.

  • February 12, 2025

    RI Judge Won't Pause Order To Unfreeze Funds Amid Appeal

    A Rhode Island federal judge refused Wednesday to pause a court order blocking a freeze on funding for federal grants and programs while the Trump administration appeals the ruling to the First Circuit.

  • February 12, 2025

    Roofing Co. Buyout Bid Heats Up With Board, Antitrust News

    QXO kept up a pressure campaign against Beacon Roofing Supply Inc. on Wednesday amid a hostile takeover bid, as the technology and software company unveiled a slate of nominations to Beacon's board and announced it had received antitrust clearance from regulators in the U.S. and Canada.

  • February 12, 2025

    Dentons Adds Indianapolis Attorney To Energy Practice

    Dentons bolstered its energy practice in Indianapolis with the hire of Matthew Neumann, an attorney advising developers, investors and other parties on energy project development in Indiana and the Midwest.

  • February 12, 2025

    Mass. Justices Nix Tax Break For Cargo Biz On Massport Land

    A site leased by the Massachusetts Port Authority to a for-profit cargo management business is not exempt from local property taxes, the state's Supreme Judicial Court ruled Wednesday, affirming a $22 million property valuation.

  • February 12, 2025

    Real Estate Group Of The Year: Simpson Thacher

    Attorneys from Simpson Thacher & Bartlett LLP advised Blackstone, a longtime client of the firm, on a $7 billion data center campus joint venture with Digital Realty, as well as the investment giant's $725 million sale of a Hawaii resort, earning the firm a spot among the 2024 Law360 Real Estate Groups of the Year.

Expert Analysis

  • How Judiciary Can Minimize AI Risks In Secondary Sources

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    Because courts’ standing orders on generative artificial intelligence and other safeguards do not address the risk of hallucinations in secondary source materials, the judiciary should consider enlisting legal publishers and database hosts to protect against AI-generated inaccuracies, say attorneys at Lankler Siffert & Wohl.

  • Calif. Ruling Offers Hope For Mitigated Negative Declarations

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    In Upland Community First v. City of Upland, a California appeals court upheld a warehouse development's mitigated negative declaration over its greenhouse gas emissions thresholds — a rare victory against this type of challenge providing reassurance that such declarations can be upheld, say attorneys at Sheppard Mullin.

  • How Attorneys Can Break Free From Career Enmeshment

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    Ambitious attorneys can sometimes experience career enmeshment — when your sense of self-worth becomes unhealthily tangled up in your legal vocation — but taking the time to discover and realign with your core personal values can help you recover your identity, says Janna Koretz at Azimuth Psychological.

  • Lawyers With Disabilities Are Seeking Equity, Not Pity

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    Attorneys living with disabilities face extra challenges — including the need for special accommodations, the fear of stigmatization and the risk of being tokenized — but if given equitable opportunities, they can still rise to the top of their field, says Kate Reder Sheikh, a former attorney and legal recruiter at Major Lindsey & Africa.

  • Opinion

    Judicial Committee Best Venue For Litigation Funding Rules

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    The Advisory Committee on Civil Rules' recent decision to consider developing a rule for litigation funding disclosure is a welcome development, ensuring that the result will be the product of a thorough, inclusive and deliberative process that appropriately balances all interests, says Stewart Ackerly at Statera Capital.

  • The Strategic Advantages Of Appointing A Law Firm CEO

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    The impact on law firms of the recent CrowdStrike outage underscores that the business of law is no longer merely about providing supplemental support for legal practice — and helps explain why some law firms are appointing dedicated, full-time CEOs to navigate the challenges of the modern legal landscape, says Jennifer Johnson at Calibrate Strategies.

  • There's No Crying In Property Valuation Baseball Arbitration

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    The World Series is the perfect time to consider how the form of arbitration used for settling MLB salary disputes — in which each side offers competing valuations to an arbitrator, who must select one — is often ideal for resolving property valuation disputes, say Sean O’Donnell at Herrick Feinstein and Mark Dunec at FTI Consulting.

  • Navigating Fla.'s Shorter Construction Defect Claim Window

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    In light of recent legislation reducing the amount of time Florida homeowners have to bring construction defect claims, homeowners should be sure to understand their rights and responsibilities regarding maintenance, repairs and inspections set forth in developer-drafted documents, say Brian Tannenbaum and Nicholas Vargo at Ball Janik.

  • Series

    Beekeeping Makes Me A Better Lawyer

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    The practice of patent law and beekeeping are not typically associated, but taking care of honeybees has enriched my legal practice by highlighting the importance of hands-on experience, continuous learning, mentorship and more, says David Longo at Oblon McClelland.

  • How To Avoid A Costly CPA Limitation Hidden In Most Leases

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    The lease audit rights clause is a seemingly innocuous provision in most commercial real estate leases that ends up costing tenants millions of dollars each year, as they have unwittingly agreed to retain only an accountant to investigate and settle financial issues, says Jason Aster at KBA Lease Services.

  • Opinion

    Legal Institutions Must Warn Against Phony Election Suits

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    With two weeks until the election, bar associations and courts have an urgent responsibility to warn lawyers about the consequences of filing unsubstantiated lawsuits claiming election fraud, says Elise Bean at the Carl Levin Center for Oversight and Democracy.

  • How Cos. Can Build A Strong In-House Pro Bono Program

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    During this year’s pro bono celebration week, companies should consider some key pointers to grow and maintain a vibrant in-house program for attorneys to provide free legal services for the public good, says Mary Benton at Alston & Bird.

  • Series

    Home Canning Makes Me A Better Lawyer

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    Making my own pickles and jams requires seeing a process through from start to finish, as does representing clients from the start of a dispute at the Patent Trial and Appeal Board through any appeals to the Federal Circuit, says attorney Kevin McNish.

  • Opinion

    Rental Price-Fixing Suit Against RealPage Doesn't Add Up

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    Recent government antitrust litigation against RealPage, alleging that the software company's algorithm for setting rental prices amounts to price-fixing, has failed to allege an actual conspiracy, and is an example of regulatory overreach that should be reined in, says Andrew Ketterer at Ketterer & Ketterer.

  • Navigating FEMA Grant Program For Slope Fixes After Storms

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    In the aftermath of Hurricanes Helene and Milton, it is critical for governments, businesses and individuals to understand the legal requirements of the Federal Emergency Management Agency's grant programs to obtain funding for crucial repairs — including restoration of damaged infrastructure caused by landslides and slope failures, says Charles Schexnaildre at Baker Donelson.

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