Andrew McIntyre

An initiative on California's November ballot is spurring debate about the environment, housing, energy and infrastructure — and opposing sides seem to largely disagree on whether the change to the state's environmental law would apply to data centers.

NYC Real Estate Week In Review

Amid rising interest and insurance rates, borrowers with commercial mortgage-backed securities debt coming due are running into difficulties, and the multifamily sector in particular could be in for a "world of hurt," a CMBS leader at Troutman Pepper Locke LLP told Law360 in a recent interview.

GFP Real Estate is planning to build a pair of residential towers in Manhattan's Financial District that would add about 4,000 new units to the city's housing stock, and Law360 Real Estate Authority has added that project to its Tall Buildings Tracker.

NYC Real Estate Week In Review

The office markets in Manhattan and Los Angeles showed resilience in the third quarter as availability rates in those areas dropped sharply from a year earlier, while downtown Chicago and Houston have shown little change in availability rates over the past 12 months, according to recent data from Savills.

As global tariffs continue to create pricing uncertainties, adaptive reuse of existing buildings is offering developers pathways to minimize tariff-induced price spikes, one of Greenberg Traurig's real estate leaders told Law360 in an interview earlier this week.

As global tariffs continue to create pricing uncertainties, adaptive reuse of existing buildings is offering developers pathways to minimize tariff-induced price spikes, one of Greenberg Traurig's real estate leaders told Law360 in an interview earlier this week.

Paul Hastings and Greenberg Traurig picked up work on two of the largest New York City real estate deals that hit public records last week, a period that saw multiple Manhattan trades above the $100 million mark.

Rising interest rates and tariffs are pushing up the cost of construction and slowing the pipeline of amenity-rich, Class A properties in New York. That could bode well for the city's older properties based on supply and demand, one of Hogan Lovells' real estate leaders recently told Law360.