News & Analysis as of

Proposed Legislation Commercial Real Estate Market

K&L Gates LLP

Interim Statement on ‘54 Act Reform

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Summary - The Law Commission has issued an interim statement on the reform of the Landlord and Tenant Act 1954 (the Act). Its initial consultation addressed the “contracting-out” model, types of tenancy and duration of...more

Pullman & Comley - For What It May Be Worth

Connecticut Focuses on Streamlining/Incentivizing Commercial to Residential Building Conversions

As part of an ongoing effort to address the affordable housing shortage, the Connecticut General Assembly has passed Senate Bill No. 1444 which is designed to facilitate the conversion of certain buildings to residential use....more

Sullivan & Worcester

How REITs are Impacted by the “One Big Beautiful Bill Act”

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The U.S. House of Representatives, by a one-vote margin, passed the “One Big Beautiful Bill Act” (the “House Bill”) early in the morning on May 22, 2025. The House Bill has yet to be considered by the U.S. Senate and will...more

Buchalter

California’s Proposed Vacancy Tax Bill Watered Down to Reporting Requirement

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A bill recently introduced in the California State Senate would have imposed a tax on commercial buildings that have prolonged vacancies, but has been rewritten after facing strong opposition. Authored by California State...more

Pillsbury - Gravel2Gavel Construction & Real...

Real Estate & Construction News Roundup (4/2/25) – U.S. Banking’s CRE Exposure, Increased Insurance Challenges and an Embrace of...

In our latest roundup, the Tampa Bay Rays pull out of a stadium deal, the National Association of Realtors examines another policy change, energy efficiency measures continue to lower operating expenses, and more!...more

Husch Blackwell LLP

Proposed Federal Legislation Aims to Address Underutilized Commercial Real Estate

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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

Perkins Coie

San Francisco Adopts Ordinance To Facilitate the Conversion of Office Buildings to Housing

Perkins Coie on

In downtown San Francisco, office vacancy has skyrocketed as hybrid work has transformed the way in which employers and employees use office space. This, in turn, has decreased activity downtown, negatively impacting the...more

Greenbaum, Rowe, Smith & Davis LLP

New Jersey Moves to Establish Database of Available Commercial Real Estate Properties

What You Need to Know- •Governor Murphy is now considering legislation that would establish a Vacant Storefront Registry Program database of commercial real estate that is available for purchase or lease by small businesses...more

Allen Matkins

Repurposing San Francisco Office Buildings for New Housing

Allen Matkins on

New legislation recently introduced by San Francisco Mayor Breed and Supervisor Peskin, is aimed at revitalizing commercially-zoned properties in the greater downtown area. The intent of the legislation is to “address twin...more

Pillsbury Winthrop Shaw Pittman LLP

Distressed Real Estate During COVID-19: Options Beyond PPP Loans

Commercial real estate owners may find relief under the Main Street Lending Program, but with many unable to qualify, the recently introduced HOPE Act, if enacted, will fill a much-needed gap. Although the possibility may...more

Hogan Lovells

Tax newsletter - 6 June 2018

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Court decisions in tax-related cases: In an individual interpretation dated 21 May 2018, (no. 0111-KDIB1-1.4010.68.2018.3.BS), the Head of the National Fiscal Information Office declared that the tax on commercial...more

Seyfarth Shaw LLP

House Passes Bill To Amend Title III Of The ADA In Attempt To Curb Drive-By Lawsuits

Seyfarth Shaw LLP on

Seyfarth Synopsis: HR 620 requires potential plaintiffs to provide businesses with notice of architectural barriers and give them an opportunity to remove them before filing suit. ...more

Pillsbury Winthrop Shaw Pittman LLP

Dueling Rent Taxes Come Up before San Francisco Voters in June

San Francisco electorate will vote on a new 1.7% or 3.5% tax on commercial rentals in June 2018. It is estimated that about $65 million annually would be collected from the commercial real estate industry under the Housing...more

Akerman LLP - HR Defense

Disabled Access: A Chance to Fix Your Premises Before Being Sued?

Akerman LLP - HR Defense on

New legislation seeks to level the playing field for businesses that have been targeted by “drive-by” claims alleging discrimination by customers with disabilities who may have never even gone to visit the place of public...more

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