
The Legal Team Behind The Waldorf Astoria's Transformation
The iconic Waldorf Astoria in Manhattan recently concluded a 10-year renovation of the original hotel and partial conversion to retail, a club with amenities, and luxury residential condos. Law360 Real Estate Authority caught up with two attorneys from Kramer Levin Naftalis & Frankel LLP who worked on the project and left their mark on the famed property.

Data Center Deals Are Getting Pricier And More Challenging
Vacancy is at an all time-low for the data center industry, and with available power remaining limited, the capital needs of data facilities have grown immense, making it harder for new players to enter the market, JLL said in a report released Monday.

The Antitrust Litigation Surrounding NAR's Industry Rules
A year and a half after a Missouri federal jury found that the National Association of Realtors inflated fees for home sellers, the Eighth Circuit is evaluating a series of settlements in wake of the decision while the Justice Department pursues its own antitrust investigation with a court's blessing.
Commercial More
Korea Ocean Business Corp., a firm owned by South Korea, has teamed up with logistics company LX Pantos Co. Ltd. to buy a $120 million Georgia-based facility, in response to more American firms investing in do... (more story)
A class of Zillow Group Inc. investors told the Ninth Circuit to reject the property listing company's bid to overturn the class certification of their suit accusing the company of making misleading statements... (more story)

Ambrose announced Monday that it raised more than $400 million for a fund that will target industrial, logistics and e-commerce assets, adding that it has already deployed approximately half of the fund.
Experts say New York City Mayor Eric Adams' criminal corruption case appears on track to be tossed permanently — a looming development that could signal the end of the fierce independence of the U.S. Attorney'... (more story)
A New Orleans restaurant must litigate its hurricane damage claims against its insurer under New York law, a New York federal judge ruled Tuesday, rejecting the restaurant's position that Louisiana law must ap... (more story)
English Premier League football club Manchester United on Tuesday unveiled plans to build a new 100,000-seat stadium as the focal point of the regeneration of the Old Trafford area in Manchester, a move that c... (more story)
Paying off a judgment in full, even when an appeal is planned, stops additional interest from accruing against the amount, Massachusetts' highest court said Tuesday in a long-running dispute between an auto de... (more story)
Residential More
A defense toxicologist told a Los Angeles jury Tuesday that residents in a large live-work art building received warning of carcinogenic chemicals in the soil underneath, supporting a real estate company's arg... (more story)
A Florida woman stole hundreds of thousands of dollars worth of rent from a "low-income cooperative corporation" that owns a residential building in Brooklyn's Williamsburg neighborhood, the Office of the New ... (more story)

Detroit-based real estate-focused fintech platform Rocket Cos., advised by Paul Weiss Rifkind Wharton & Garrison LLP, on Monday announced that it has agreed to buy Fenwick & West LLP-led digital real estate br... (more story)
A Florida judge on Tuesday sent the dispute over the estate of Sergio Pino, the late founder and CEO of Century Homebuilders Group LLC, to mediation in an attempt to resolve the contentious fight between Pino'... (more story)
Developer BFC Partners and two nonprofits have partnered to buy out of foreclosure a 360-unit affordable housing complex for $21.7 million in East Buffalo, New York, as part of an expected $120 million redevelopment project.
The U.S. Department of Justice's price-fixing lawsuit against algorithmic real estate pricing company RealPage is getting a new judge due to a conflict.
Pinecrest announced on Tuesday that it broke ground on a 605-bed luxury student housing community near Texas A&M University, as the speed of new supply deliveries cools from prior highs.