News & Analysis as of

Affordable Housing Vacant Properties

Cozen O'Connor

Cozen Cities - August 20, 2025

Cozen O'Connor on

BOSTON—City Deploys Sensors to Combat Rat Infestations - Boston officials announced the implementation of a new rodent-tracking sensor system throughout the city to provide data on hotspots and measure the effectiveness of...more

Ballard Spahr LLP

Housing Industry Update 2025 - Mid-Year Report

Ballard Spahr LLP on

Across the United States, empty office buildings have become a common sight. According to Moody’s Analytics, office vacancies are at their highest since the 1990s. The COVID hangover has left us with an abundance of vacant or...more

Buchalter

Vacancy Tax on Commercial Property Proposed in California

Buchalter on

A recent bill introduced in the California State Senate would impose a tax on commercial buildings that have prolonged vacancies. Authored by California State Senator Caroline Menjivar, SB 789 is intended to discourage...more

Allen Matkins

Inflation and Rising Costs Won’t Slow Multifamily Momentum

Allen Matkins on

Vacancy rates across the state are showing improvement, particularly in San Francisco, which reflects California’s housing shortage. Demand also remains strong, and supply is growing, suggesting confidence in the sector...more

Cozen O'Connor

“City of Yes for Housing Opportunity” Approved by the City Council

Cozen O'Connor on

On December 5, 2024, the New York City Council approved with modifications the NYC Department of City Planning’s (DCP) City of Yes for Housing Opportunity, the third and final of Mayor Adams’ City of Yes initiatives. The new...more

Bricker Graydon LLP

Land Banks & Community Land Trusts Creating “Permanently” Affordable Housing

Bricker Graydon LLP on

Land banks and community land trusts (CLTs) are non-profit corporations each formed under Ohio law. They share similar missions to unlock the potential of vacant, abandoned, and/or tax-delinquent (VAD) properties....more

Cole Schotz

City of Yes Proposal Offers Increased Housing Development Opportunities

Cole Schotz on

For over a year now, the City of Yes (“CoY”) zoning update, which aims to bring back more flexibility and density in development across the City, has been a hot topic of conversation in the New York City development sphere....more

Husch Blackwell LLP

Proposed Federal Legislation Aims to Address Underutilized Commercial Real Estate

Husch Blackwell LLP on

Earlier this summer, bipartisan legislation was introduced in the U.S. House of Representatives aimed at spurring the redevelopment of existing underutilized or vacant commercial properties and converting them for residential...more

Nutter McClennen & Fish LLP

2024 Massachusetts Affordable Housing Bill Includes Provisions Intended to Promote Residential Housing Construction: What You Need...

The Massachusetts Affordable Homes Act (H. 4977), signed into law on August 6, 2024, includes provisions intended to promote residential housing construction. These provisions: (1) require municipalities to permit accessory...more

Allen Matkins

Sustainable Development and Land Use Update 8.01.24

Allen Matkins on

California Governor Gavin Newsom has signed an executive order that aims to jumpstart infill housing development projects. The executive order was coupled with a $94 million award to 15 counties to also support building on...more

Cozen O'Connor

Cozen Cities - July 17, 2024

Cozen O'Connor on

Los Angeles Unified School District (LAUSD) Superintendent Alberto Carvalho said he is moving forward with an education platform driven by artificial intelligence (AI) designed to help students and families navigate the...more

Allen Matkins

Changes to the California Environmental Quality Act Enacted in 2023 - 2024 Land Use, Environmental & Natural Resources Update

Allen Matkins on

This article summarizes some of the most significant amendments to the California Environmental Quality Act (CEQA) that were enacted in 2023. Some housing laws that relate to CEQA are discussed in the article, “Recently...more

Allen Matkins

Sustainable Development and Land Use Update - 5.16.24

Allen Matkins on

Assembly Bill (AB) 3068 (Haney, Quirk-Silva, and Wicks) would provide for the streamlined ministerial (i.e., no CEQA) approval of qualifying adaptive reuse projects involving the conversion of an existing building to...more

Cole Schotz

Navigating the NYS 2024/2025 Executive Budget and Its Impact on NYC Multifamily Housing (Part 2 of 4)

Cole Schotz on

New York recently adopted the Affordable Neighborhoods for New Yorkers (ANNY) Tax Incentive and the Affordable Housing from Commercial Conversions (AHCC) Tax Incentive programs, as well as a host of other new and modified...more

Cozen O'Connor

Cozen Cities - May 8, 2024

Cozen O'Connor on

CHICAGO — City Council to Consider Requiring Testing, Guidelines for City Government AI Tools- Chair of Chicago City Council’s Committee on Economic, Capital & Technology Development Gilbert Villegas (Ward 36) introduced a...more

Allen Matkins

Sustainable Development and Land Use Update 1.05.24

Allen Matkins on

We previously published a legal alert on October 12, 2023, about the extensive housing package that Governor Gavin Newsom signed on October 11, 2023, consisting of 56 bills to help address California’s decades-in-the-making...more

Allen Matkins

Sustainable Development and Land Use Update 11.09.23

Allen Matkins on

The Biden administration is launching a multi-agency effort to encourage states and cities to convert more empty office buildings into housing units, with billions of federal dollars available to help spur such transitions....more

Allen Matkins

Critical State Housing Laws Approved by Governor Newsom

Allen Matkins on

Governor Newsom recently approved multiple state housing bills passed by the State Assembly and Senate. The following is a summary of a few of the key bills that are expected to benefit multi-family, mixed-income housing...more

Coblentz Patch Duffy & Bass

What We're Reading, Watching, and Listening To: September 2023

A roundup of news and multimedia from the Unfamiliar Terrain team: San Francisco - These three new blocks of housing are among S.F.’s best. They’re for the formerly homeless (S.F. Chronicle): Exploring three recently...more

Allen Matkins

Sustainable Development and Land Use Update - 4.24.23

Allen Matkins on

A federal appeals court on Monday overturned Berkeley’s first-in-the-nation ban on natural gas in new construction, agreeing with restaurant owners who argued the city bypassed federal energy regulations when it approved the...more

Allen Matkins

Sustainable Development and Land Use Update - 3.29.23

Allen Matkins on

San Francisco leaders have a new plan to make it easier for developers to convert office buildings to housing downtown and in swaths of SoMa and Union Square....more

Herbert Smith Freehills Kramer

Hotel and Office Conversions — an Update

Since January 2021, multiple proposals were introduced in the New York State legislature to permit underutilized hotel and/or office buildings, many of which have become financially distressed due to the COVID-19 pandemic, to...more

Herbert Smith Freehills Kramer

The Governor’s Proposed Commercial Conversion Initiative

On Jan. 19, 2021, Governor Andrew M. Cuomo proposed an amendment to Section 277 of the New York State Multiple Dwelling Law (MDL) that would “authorize flexibility in zoning to address high commercial vacancy rates and...more

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