Red Hot Apartment Investment Market Starts to Cool
Office-to-Apartment Conversions – A Good Idea, but Tricky to Pull Off (Audio)
Managing Apartment Turnover: From Launch to $10M Series A, with Rent Ready's Jonathan Kite
Law Brief: Urban Living After COVID-19
As of June 11, 2025, the Fairness in Apartment Rental Expenses (FARE) Act, also known as Local Law 119 of 2024, is in effect after being upheld in court. The law significantly shifts how broker fees are handled in New York...more
As spring begins to give way to summer, legislative activity shows no signs of cooling off. Our May TOPA Alert generated many questions and comments and a further update on the pending TOPA reform legislation is included...more
New York Gov. Kathy Hochul recently signed into law the Affordable Housing Retention Act (AHRA), which for the next four years enables condo conversions of specific buildings in New York City with a presale requirement for...more
The integration of e-bikes and e-scooters into the urban fabric of New York City has raised questions about the potential risks they pose within the confines of multi-unit apartment buildings. Landlords, tasked with ensuring...more
In our latest roundup, construction output decreased, office utilization unchanged, September apartment starts fell 15% from a year ago as developers pulled permits, and more!...more
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
What is the Good Cause Eviction law? On April 20, 2024, New York State enacted new residential tenant protections affecting many market rate apartments under a framework referred to as “Good Cause Eviction.” In general,...more
As part of the 2025 Fiscal Year budget, Governor Kathy Hochul signed into law significant legislation affecting the New York City and State rental market, which is highlighted below: Good Cause Eviction Law- As of April...more
The recipe for residential apartment success in Cleveland’s central business district has seen significant changes, primarily because a substantial portion of its traditional demand base—those employed in downtown Cleveland’s...more
KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER DUTCH LAW - Introduction - The purchase of an immovable property is a mutual agreement. Neither the seller nor the buyer has the obligation to make use of the services of...more
California’s Second District Court of Appeal recently affirmed that a shorter 90-day statute of limitations, and not a longer three- or four- year statute of limitations, applies to Political Reform Act (PRA) claims that...more
Florida’s new Miya’s Law, Fla. Stat. 83.515, imposes background screening and other specific requirements on landlords regarding their employees who work in apartments that can be classified as “nontransient” or “transient.”...more
Sands Anderson’s Brian Pitney recently had a chance to ask two top commercial real estate brokers from CBRE, Matt Hamilton and Chris Wallace, about the temperature of Richmond’s red-hot multi-family market. They discussed...more
Expanding and preserving affordable housing continues to be a top priority for the District of Columbia Council (D.C. Council) at the beginning of the new year. The impacts of COVID-19, particularly the associated job losses...more
The Ninth Circuit rejected a Fourth Amendment challenge to the City of San José’s Apartment Rent Ordinance, ruling that the plaintiff landlords had failed adequately to allege a reasonable expectation of privacy in the...more
In a concise December 7, 2020 opinion, Hotop v. City of San Jose, __ F.3d __ (2020) (Case No. 18-16995), a 3-0 panel of the Ninth Circuit Court of Appeals affirmed the district court’s dismissal of an action alleging that...more
A couple of (well, four) quick pandemic-centric questions today: 1.As we have all seen over the past few months, some amenities at apartment communities (gyms, pools, fitness centers, community rooms, games rooms, and the...more
With the 2020 presidential election less than three months away, I had an interesting question hit my desk: can a property management company restrict residents from placing political signs on their exterior windows, doors,...more
With just a few days left in May, apartment owners, management companies, and residents are set to deal with another month of rents due in a global pandemic. The good news (I hope) is that states are starting the process of...more
Unlike many other urban areas, most apartment tenancies in Los Angeles last only a year on average before a tenant moves on, and if a tenant leaves with outstanding amounts unpaid, the landlord must decide whether to pursue...more
Effective January 20, 2020, eviction controls under the San Francisco Rent Stabilization and Arbitration Ordinance (Administrative Code Chapter 37) (the “Rent Ordinance”) apply to any residential units constructed after June...more
• New York's Housing Stability and Tenant Protection Act of 2019, which was enacted and became effective on June 14, 2019, will have a sizable impact on a landlord's ability to convert buildings to cooperatives and...more
There have been recent developments in the enforcement of the California Safe Drinking Water and Toxic Enforcement Act of 1986 (also known as Proposition 65 or Prop 65) that require businesses with 10 or more employees to...more
Attorneys file carbon monoxide poisoning lawsuit for tenant injured by broken down boilers and inadequate ventilation - A lawsuit was filed this week to protect a tenant of an apartment complex in Michigan who suffered...more