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Commercial Property Owners Local Ordinance Affordable Housing

Ballard Spahr LLP

Seattle Passes Bill to Incentivize “Office-to-Residential” Conversions

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The Seattle City Council passed Council Bill 120937 on February 11, 2025, aimed to encourage developers and commercial property owners to convert underutilized commercial properties into residential housing. Set to take...more

Holland & Knight LLP

Additional Modifications to Zoning Resolution Under City of Yes for Housing Opportunity

Holland & Knight LLP on

New York City Mayor Eric Adams announced in June 2022 the City of Yes zoning initiative, intended to modernize and update the City's Zoning Resolution by promoting environmental sustainability, easing restrictions on small...more

BCLP

New York City Council Adopts Significant Zoning Changes Under City of Yes for Housing Opportunity

BCLP on

New York City’s zoning regulations have undergone sweeping changes with a tripartite initiative known as City of Yes. City of Yes for Carbon Neutrality and City of Yes for Economic Opportunity were approved in late 2023 and...more

Goodwin

LA Measure ULA: A New Real Estate Transfer Tax on Residential and Commercial Properties Over $5 Million

Goodwin on

Measure ULA, also known as the “Homelessness and Housing Solutions Tax,” was a ballot measure in Los Angeles which was recently approved by voters in the 2022 Los Angeles County Midterm Elections. Measure ULA will impose a...more

Venable LLP

Will a New Mayoral Administration Impact Local Law 97?

Venable LLP on

In 2019, New York City enacted Local Law 97 (LL 97), which requires building owners to drastically reduce greenhouse gas emissions by 2024 or face hefty fines. Since LL 97 was enacted, the world has changed dramatically, with...more

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