The first real estate NFT minting, marketplace, and lending platform launches, New York office owners struggle under rising interest rates, an interactive Fortune map shows shifting U.S. housing inventory levels, and more. Liquid Earth launched as the first platform to create an NFT representing ownership of real estate. (Digital Journal) Britain’s construction…
Housing market activity is on the downtick, the Partnership for Global Infrastructure and Investment launches, the SEC proposes a climate rule that signals a new era for real estate, and more. The U.S. and other members of the G-7 including Canada, Germany, and Japan launched the Partnership for Global Infrastructure…
Rising inflation rates impact the Bipartisan Infrastructure Law, the new “Bring Chicago Home” proposal could triple the transfer tax rate on city properties, a downtrend in homebuying emerges, and more. The rising inflation rates shave billions in value off of the Bipartisan Infrastructure Law, forcing states to cancel or delay…
In “New York Legislature Passes Moratorium on Crypto Mining Operations” on our Internet & Social Media Law blog, Brian H. Montgomery discusses recently passed cryptocurrency mining legislation and its potential signing by Gov. Kathy Hochul.
The U.S. Department of Energy (DOE) turns its focus to clean hydrogen hubs, key real estate players announce a new round of layoffs, Local Law 97 faces pushback in New York, and more. Key players in real estate, Redfin and Compass, announce a new round of layoffs after an abrupt…
Our mid-year roundup highlights the top-read Gravel2Gavel posts from 2022 so far. Our authors provided deep industry insights and summarized hot topics that addressed various legal implications and disruptions that affected the market, ranging from topics like investing in real estate metaverse to the clean hydrogen transition. Do Municipal Gas Bans…
Pillsbury Litigation partner and former federal prosecutor Kimberly Jaimez was featured in the GlobeSt.com article, SEC Ready To Clamp Down On ESG Investment Claims, offering insight on the increased awareness of environmental, social and governance (ESG) concerns in commercial real estate. With ESG now being viewed by most CRE investors as…
Cybersecurity becomes an increasing concern when buying digital land, a significant property tax break in New York is set to expire, climate disclosure mandates in commercial real estate are on the horizon, and more. New York State lawmakers are set to allow a $1.7 billion property tax break to expire,…
U.S. cities begin leveraging infrastructure coordinators, Texas tax appraisers have been put on notice, China’s property market is projected to worsen throughout 2022, and more. Businesses and real estate agents who continue to adopt proptech will set themselves apart from the competition, augment their business opportunities and enhance their clients’…
Section 80201 of the Infrastructure Investment and Jobs Act of 2021, Public Law 117-58, reinstates the long-expired federal excise taxes that are imposed on specified chemical substances used in common industrial applications pursuant to Sections 4661 and 4671 of the Internal Revenue Code. The effective date of this reinstatement is…