News & Analysis as of

Condominiums State and Local Government Property Owners

Cozen O'Connor

New York City Local Law 97 Deadline: May 1, 2025

Cozen O'Connor on

As previously advised, the first compliance report required under New York City’s Local Law 97 (LL97) is due by May 1, 2025. LL97 requires most buildings over 25,000 square feet to limit carbon emissions or face significant...more

Woods Rogers

The Virginia Condominium Act Turns 50

Woods Rogers on

While the country is set to celebrate Independence Day, that is not the only special occasion this week. July 1 is the day that most new laws in Virginia take effect. The Virginia Condominium Act (the “Act”) was enacted on...more

Sands Anderson PC

2020 Legislative Update: New and Amended Laws Impacting Commercial Real Estate and Community Association Clients

Sands Anderson PC on

Every July 1st in Virginia, we can expect a few things without fail.  The summer heat and humidity will have settled down with a ponderous thud, here to remain, unwavering, for the rest of the summer.  The cicadas return –...more

Best Best & Krieger LLP

Takings Claim Fails on “Ripeness” Grounds

Ninth Circuit Decision in Apartment-Condominium Conversion Program Dispute - Property owners who claimed the City and County of San Francisco’s apartment-to-condominium building conversion program’s lifetime lease...more

Cozen O'Connor

Cooperative and Condominium Tax Abatement Safe from Prevailing Wage Requirement

Cozen O'Connor on

Coops and condos will not need to pay their service employees prevailing wages to keep their units eligible for the Cooperative and Condominium Tax Abatement (the abatement). The abatement reduces property taxes between 17.5...more

Sands Anderson PC

2019 Legislative Update: New and amended laws impacting commercial real estate and community association clients

Sands Anderson PC on

On July 1, 2019, new laws passed during the 2019 General Assembly session will go into effect in Virginia. As we do every year, Sands Anderson’s Commercial Real Estate and Community Associations Groups have reviewed this new...more

Mintz - Real Estate, Construction &...

The Funding Loan Act of 1982 and the Origins of “Tregor Stamps”

n the early 1980s, in an effort to generate much-needed revenue for the City of Boston to offset federal and state budget cuts, the Massachusetts Legislature passed legislation entitled, “An Act Establishing the City of...more

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