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
Owners of buildings designated for long-term rentals are entitled to significant tax benefits that are being granted in order to encourage the construction of buildings that include residential apartments earmarked 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
Chicago enacted the “Northwest Side Housing Preservation Ordinance,” an ordinance that many are referring to as the “anti-gentrification” ordinance. Despite the grandiose moniker, the ordinance breaks down to two specific...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
In Part 7 of our build to rent (BTR) Series, we take a look at the current BTR market in Australia and the potential impacts of BTR developments on the residential sector....more
A measure known as the “Builder’s Remedy” added to the state’s Housing Accountability Act in 1990 has suddenly become the focus of developers looking to bypass typical zoning rules and build high-rise apartment projects....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
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
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
On June 14, 2019, New York State Governor Andrew Cuomo signed into law the Housing Stability and Tenant Protection Act of 2019, introducing sweeping tenant protections. Below is a short summary of key changes in the new...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
A rent control initiative titled the “Affordable Housing Act” — but criticized by others as the “California Housing Freeze” — has qualified as Proposition 10 on the November 2018 ballot. What is it?...more
The first installment of our weekly OTA & Travel Distribution Update for 2018 is below. A mix of stories in this week’s Update....more
California Assembly Member Proposes Bill to Limit Abuse of Service Animal Accommodations - As dogs have transitioned from children's backyard playmates to must-have accessories while their owners are shopping or dining,...more