The proposed requirement, which would apply to projects over 20,000 square feet, aims to address the longstanding lack of diversity in the city’s CRE industry.
Impending developments have the potential to affect property transactions from the perspective of acquisition, disposition, and financing. Importantly, even though only a small subset of PFAS are expected to be designated, many other PFAS are...
For the commercial real estate sector to embrace these responsibilities, we must do more than swap lightbulbs with LEDs. Genuine sustainability and corporate responsibility involve many intertwined influences.
Although judges are free to consider history when deciding whether a condemnation is pretextual, recent cases make clear that tales of longstanding oppression will play at best a minor role in the judicial calculus.
The state will sell development rights to private developers and collect payments-in-lieu-of-taxes, known as PILOTs, on newly constructed and environmentally friendly office and residential buildings.
“We’re seeing a slowdown in our order intake in the construction sector, and those customers are typically the fastest to react,” said Rob Van Gils, CEO of Hammerer Aluminum Industries.
The next few years are set to see a significant ramp-up in new outlet center construction. But outlet center tenant mix is changing to reflect a new focus on experiences.
The firm said last week that it plans to partner with developer Sterling Bay to build an office tower on Brickell Bay, which spans less than a mile in the city’s business district.
