Residential
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March 18, 2026
Mamdani Reopens 'Granny Flat' Funding, With Rules In Place
New York City Mayor Zohran Mamdani opened applications on Wednesday for a program that helps homeowners plan and finance the addition of ancillary dwelling units, or "granny flats," after pausing the program in 2024 following substantial homeowner interest.
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March 18, 2026
Fla. Lawmakers Expanded Housing Efforts In Slow Session
At a time when housing affordability is a major concern among constituents, Florida state lawmakers produced mixed results in the realm of real estate during their 2026 session, taking some significant actions but also not reaching consensus on numerous proposals, including the most prominent — property tax reform.
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March 18, 2026
SL Green Sells FiDi Apartments To REIT For $223M
Office landlord SL Green Realty Corp. said it has agreed to sell the residential and retail components of its 7 Dey St. property in Manhattan's Financial District to Go Residential Real Estate Investment Trust for $222.6 million.
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March 18, 2026
Idaho Expands Short-Term Rental Tax Obligations
Idaho short-term and vacation rental property owners must adhere to local tax rules for rental marketplaces even if they don't do business through a marketplace under a bill signed by the governor.
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March 18, 2026
Report: Data Centers Loom Large, But Investors Are Cautious
Investor optimism for commercial real estate remains high in 2026 and data centers are seen as having the biggest impact on the market this year, although investors are cautious about doing new deals, according to a Seyfarth Shaw LLP survey out this week.
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March 18, 2026
Two-Tower Brooklyn Resi Complex Lands $370M Refinancing
Property Markets Group and the Carlyle Group have landed $370 million in refinancing from Brookfield Asset Management for their two-tower residential development in Brooklyn's Gowanus neighborhood.
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March 18, 2026
Ga. Panel Preserves HOA Fraud Verdict, Scraps $21M Award
The Georgia Court of Appeals backed fraud and civil racketeering verdicts won by nearly a dozen homeowners against a developer but scrapped $21 million in punitive damages the residents were awarded as excessive "even given the defendants' wealth and repeated instances of bad behavior."
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March 18, 2026
4 Firms Guide Warburg's Majority Stake In RE Lease Platform
Private equity firm Warburg Pincus said Wednesday that it has made a majority investment in The Guarantors, a residential lease guarantee platform, in a deal advised by Cooley LLP, Wachtell Lipton Rosen & Katz, Paul Weiss and Greenberg Traurig LLP.
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March 18, 2026
2 Firms Lead Audax's Buy Of Property Management Co. AKAM
Troutman Pepper Locke LLP and Ropes & Gray LLP advised on a recent deal that saw Audax Private Equity acquire AKAM — a property management and real estate firm serving condominiums, cooperatives and homeowner associations — from private equity firm Nautic Partners.
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March 17, 2026
FPI, Apartment Owners Reach $7M Deal In Wash. AG's Tenant Suit
California-based property manager FPI and owners of five low-income apartment complexes have agreed to pay $7 million to end the Washington attorney general's lawsuit accusing them of exploiting senior tenants by overstating property qualities and withholding information about future rent rises, according to an agreed order finalized Monday.
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March 17, 2026
How Industry Orgs. Are Responding To Trump's Housing EOs
A pair of recent executive orders from President Donald Trump easing mortgage lending rules and home construction regulations drew broad support from industry groups as steps toward increasing affordable housing, though the orders also triggered dissent from a fair-housing organization worried that such policies would roll back civil rights.
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March 17, 2026
Mich. AG Joins Fair Housing Laws Fight Against HUD Guidance
Michigan's attorney general spoke Tuesday about joining 15 states and the District of Columbia in a California federal suit claiming the Trump administration undermines enforcement of fair housing laws by threatening to halt funding for local government programs protecting people discriminated against for gender and sexual orientation, among other things.
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March 17, 2026
NYC Condo Board Ch. 11 Should Be Tossed, Rival Group Says
The residential board for a Times Square hotel and residential tower asked a New York bankruptcy judge to toss the Chapter 11 case started by the building's condominium association, with the former accusing the latter of using bankruptcy to gain an advantage in litigation.
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March 17, 2026
SD OKs County Gross Receipts Tax To Reduce Property Tax
South Dakota will allow counties to implement a county-wide gross receipts tax with revenue that goes toward a property tax reduction fund under a law signed by the governor.
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March 17, 2026
HUD Delays Eviction Rule Change, Nonprofits Drop Lawsuit
Plaintiffs suing the U.S. Department of Housing and Urban Development for rescinding a COVID-era eviction rule without notice and comment dropped their case Monday, saying the agency had agreed to "indefinitely delay" the rule change's implementation and convert it from an interim rule to a proposed rule for now.
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March 17, 2026
NY Accuses Solar Co., Lenders Of $275M Homeowner Fraud
New York's attorney general sued a solar panel company and two lending partners in New York state court Tuesday, accusing them of a $275 million scheme involving costly solar and home improvement projects falsely pitched to homeowners as free or subsidized.
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March 17, 2026
Fried Frank Steering Extell's Manhattan Tower Project
Extell Development is moving forward with plans to demolish the shuttered Wellington Hotel in Midtown Manhattan to make room for a new supertall mixed-use tower, with Fried Frank guiding the company on land use matters.
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March 16, 2026
Class Wins Certification In Robocall Suit Against Realtor
A Nevada federal judge has granted class certification in an action accusing a Realtor of using robocalls to contact people on the National Do Not Call Registry in violation of the Telephone Consumer Protection Act, finding the lead plaintiff met his burden of defining the class.
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March 16, 2026
States Sue Over Trump Cuts To Housing Bias Programs
A group of 15 states and the District of Columbia claimed on Monday that the Trump administration is undermining their enforcement of fair housing laws by threatening to cut off funding from local government programs that enforce fair housing protections for people who are discriminated against for traits such as their sexual orientation.
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March 16, 2026
NYC Real Estate Week In Review
Harfenist Kraut and Windels Marx are among the law firms that steered the largest New York City real estate deals that became public last week, with trades in Queens and Manhattan leading the way.
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March 16, 2026
Bronx Project Facing Sale Hits Ch. 11 To Probe 'Treachery'
The developer of a 900-unit housing project in the Bronx that was awarded a $55 million state grant in October has filed for bankruptcy to stop a foreclosure sale, blaming what it called "treachery" in the transfer of a senior mortgage, in the second such filing the company brought in recent months.
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March 16, 2026
Mass. Board Lowers Tax Value Of Home With Pool
A Massachusetts home with an enclosed pool was overvalued by a local assessor, a state board said in a ruling released Monday, largely agreeing with the homeowner's analysis of the assessments of similar properties.
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March 16, 2026
Tenn. Expands Property Tax Assessment Division's Duties
Tennessee expanded the duties of the state comptroller's office's division of property assessments under a bill signed by the governor.
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March 16, 2026
Mass. Tax Valuation Cut For Seasonal Home With No Heat
A Massachusetts home with no heat, furnace or insulation was overvalued by a local assessor, the state tax board said in a decision released Monday.
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March 16, 2026
NC Seller Can't Duck $200M Apartment Complex Sale Suit
A North Carolina federal judge ruled that an apartment complex owner and affiliated entities can't avoid claims that they improperly held on to a potential buyer's deposit after environmental contamination thwarted a nearly $200 million deal to buy 10 properties.
Expert Analysis
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Regulatory Rollback And Lingering Limbo: The CFPB In 2025
The Consumer Financial Protection Bureau has implemented significant changes since President Donald Trump took office in January, including dismissing actions with prejudice, withdrawing guidance and rescinding rules, casting the bureau in uncertain light heading into 2026, say attorneys at Mayer Brown.
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2025 Calif. Banking Oversight Centered On Consumer Issues
The combination of statutory reform, registration mandates and enforcement activity in 2025 signals that California's financial regulatory landscape is focused on consumer protection, particularly in the areas of crypto kiosk fee practices, earned wage access providers and elder fraud, say attorneys at Ropes & Gray.
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The Major Securities Litigation Rulings And Trends Of 2025
The past 12 months saw increased regulator focus on disclosures concerning artificial intelligence, signs of growing judicial scrutiny at the class certification stage, and shifting regulatory priorities at the U.S. Securities and Exchange Commission — all major developments that may significantly affect securities litigation strategy in 2026 and beyond, say attorneys at Debevoise.
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How Cos. Can Roll With NY's New Algorithmic Pricing Rules
Despite uncertainty from New York’s new ban on artificial intelligence and computer algorithms for setting rents, and efforts to further restrict individualizing prices based on consumers' personal data, property managers, software providers and merchants can take several steps to stay compliant, say attorneys at Foley & Lardner.
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Navigating A Sea Change In Rent Algorithm Regulation
The U.S. Department of Justice's proposed settlement of the RealPage lawsuit represents a pivotal moment in the regulation of algorithmic rent-setting, restraining use of these tools amid a growing trend of regulatory limits on use of algorithmic data and methodologies in establishing housing rental prices. say attorneys at Wilson Elser.
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The Hidden Pitfalls Of Letters Of Credit In Lease Negotiations
Amid a surge in commercial office leasing driven by artificial intelligence firms, it's crucial for landlords to be aware of the potential downside of accepting letters of credit — in particular, for amounts of security that are less than the statutory bankruptcy claim cap, say attorneys at Allen Matkins.
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Recent Proposals May Spell Supervision Overhaul For Banks
A slew of rules recently proposed by the federal banking agencies with approaching comment deadlines would rewrite supervision standards to be further tailored to banks' size and activities, while prioritizing financial risks over process, documentation and other nonfinancial risks, say attorneys at Davis Wright.
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Where Things Stand At The CFPB As Funding Dries Up
The Consumer Financial Protection Bureau is on pace to run out of funding in the new year, threatening current and future rulemaking efforts, but a rapid series of recent actions still carries significant implications for regulated entities and warrants careful monitoring in the remaining weeks of the year, say attorneys at Brownstein Hyatt.
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Steps For Cos. To Comply With Colo. Deceptive Pricing Law
Colorado's newly passed law protecting against deceptive pricing practices will take effect on Jan. 1, broadening the consumer protection framework and standardizing total price disclosure requirements across a variety of industries, and there are several steps businesses can take to comply, say attorneys at Haynes Boone.
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California Vapor Intrusion Policy Should Focus On Site Risks
As California environmental regulators consider whether to change the attenuation factor used in screenings for vapor intrusion, the most prudent path forward is to keep the current value for screening purposes, while using site-specific, risk-based numbers for cleanup and closure targets, says Thierry Montoya at Frost Brown.
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'Measure Twice, Cut Once' Also Applies To Builders' Insurance
A New York federal court's recent decision in Ohio Security Insurance v. Southwest Marine and General Insurance, denying additional insured coverage, shows why it's key to apply the caution of "measure twice, cut once" to construction contracts and insurance policy language, say attorneys at Reed Smith.
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What CFPB Disparate Impact Proposal Means For Lenders
Should the Consumer Financial Protection Bureau's reasoning for making proposed changes to the Equal Credit Opportunity Act — and the bureau itself — survive, lenders and other participants in the consumer finance industry may see a reduced emphasis on protected characteristics, say attorneys at Saul Ewing.
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What To Watch As NY LLC Transparency Act Is Stuck In Limbo
Just about a month before it's set to take effect, the status of the New York LLC Transparency Act remains murky because of a pending amendment and the lack of recent regulatory attention in New York, but business owners should at least prepare for the possibility of having to comply, says Jonathan Wilson at Buchalter.