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February 28, 2023 | Globe Street

$140M Loan on NYC's Art Deco McGraw-Hill Landmark for Sale

Conversion to luxury condos planned for publisher's original 1931 tower.
3 minute read
Cobb County v. Mable Oak Development, LLC
Publication Date: 2023-02-28
Practice Area: Civil Appeals | Land Use and Planning
Industry:
Court: Georgia Court of Appeals
Judge: Presiding Judge McFadden
Attorneys:
For plaintiff: Debra Blair, Laura Murphree, Hugh Rowling, Lauren Bruce, (Cobb County Attorney’s Office), Marietta, for appellant.
For defendant: Roy Barnes, (The Barnes Law Group, LLC), Marietta, Hylton Dupree, (Dupree & Kimbrough, LLP), Marietta, for appellee.
Case number: A22A1658

Court dismisses appeal as moot because appellant performed acts required by an injunction and failed to seek or procure a supersedeas

February 27, 2023 | Daily Business Review

Report: As Renters Stay Longer, Multifamily Investors Turn to Fort Lauderdale's Growing Market

According to Marcus & Millichap's 2023 Multimedia National Investment Forecast, a broad-based housing shortage is also bolstering the multifamily sector's long-term prospects.
3 minute read
February 27, 2023 | Daily Business Review

Limiting Use of Electric Vehicles Eyed in Evacuations

Sen. Jonathan Martin, R-Fort Myers, raised a concern that electric vehicles could become roadblocks if they run out of power on highways crowded with fleeing residents.
4 minute read
February 24, 2023 | New York Law Journal

Urban Renewal, an Assault on Black Neighborhoods

In city after city, highways that were built to appease white suburban commuters, and enabled through eminent domain and funds from the 1949 Housing Act and 1956 Interstate Highway Act, were shoved through African American neighborhoods, causing surrounding blight and pollution. Among the Black neighborhoods divided by highways were Treme in New Orleans, the Brooklyn area of Charlotte and Overtown in Miami.
8 minute read
February 22, 2023 | Daily Business Review

Clara Homes Secures $26M Construction Loan for Rental Community in Bay Harbor as Luxury Developments Boom

Clara Bay Harbor's first building is expected to break ground this March, with completion anticipated in early to mid-2024.
3 minute read
February 21, 2023 | New York Law Journal

IRS Issues Guidance on Developers' Common Improvements

In their Real Estate Financing column, Ezra Dyckman and Charles Nelson discuss the recently issued Revenue Procedure 2023-9, in which the IRS provides an optional safe harbor method for developers to account for certain common improvement costs of real estate projects.
5 minute read
February 16, 2023 | Daily Business Review

Rising Investor Interest in Marinas Helps Drive South Florida's Booming Marina Industry

"I think over the next 10 years you're going to see a lot of redevelopment of marinas," Victor Ballestas, of Integra Marinas said.
2 minute read
February 14, 2023 | Daily Business Review

Developers Collaborate With Airbnb to Provide Year-Round Short-Term Rental Options in Downtown Miami Condo

It's a first in the state, as developers usually only allow third-party rentals for three months or up to 189 days.
3 minute read
February 14, 2023 | Daily Business Review

Court to Rule on Attorney Disqualification, Judge Recusal in Ritz-Carlton Class Action

At issue is whether to reject or grant the motion for disqualification and, if the latter, whether the previous magistrate judge returns to preside over the case.
4 minute read

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