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LuxUrban abandoned its New York hotels like The Herald, leaving landlords and lenders to deal with the disarray in its wake. The above photo was submitted by the building's lender in LuxUrban's bankruptcy case.
News

LuxUrban Hotels To Liquidate As Bankruptcy Claims Surpass $123M

... impacting the other tenants, their customers, and public safety in general,” Aareal's attorneys wrote in the filing. Aareal asked bankruptcy ... trial in 2027. And they could be at risk of legal action stemming from the messy bankruptcy. LuxUrban and its ...

Oct 23, 2025
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Oak View Group CEO Indicted In Bid-Rigging Scheme Over Austin Arena
News

Oak View Group CEO Indicted In Bid-Rigging Scheme Over Austin Arena

... the Moody Center opened in April 2022. Assistant Attorney General Abigail Slater said the alleged bid-rigging scheme “ ... other professional teams. “These allegations blatantly ignore established legal precedent and seek to criminalize common teaming efforts ...

Jul 09, 2025
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judge gavel court case
News

Antitrust Suit Against CoStar Should Be Revived, Appeals Court Rules

... inflection point for the entire commercial real estate industry,” CREXi General Counsel Adam Greenberg said in the statement. “Crexi will continue ... bankruptcy and shut down in late 2017 after a pitched legal battle with CoStar. CREXi was founded in 2015 by ...

Jun 24, 2025
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New Georgia Bill Would Bar Localities From Restricting Existing Short-Term Rentals
News

New Georgia Bill Would Bar Localities From Restricting Existing Short-Term Rentals

... or outlaw them. “It’s necessary to protect the legal rights of property owners in the state of Georgia, many ... professor at Georgia State University's Urban Studies Institute. “In general, the state should allow local governments to regulate short-term ...

Feb 14, 2024
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La Cañada Flintridge Quits Campaign To Appeal Builder's Remedy Project
News

La Cañada Flintridge Quits Campaign To Appeal Builder's Remedy Project

After about two years of legal battles, the city of La Cañada ... put $14M into a bond fund to continue the legal efforts, pushing the city to make the call ... , didn't need to follow any zoning or general plan requirements for the properties on which they were ...

Mar 10, 2025
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Paramount Plaza
News

Paramount Group Replaces CFO As Office REIT Considers Path Forward

... , chief financial officer and treasurer and senior vice president, general counsel and secretary. In Paes’ place, Ermelinda Berberi, ... its financial adviser and Latham & Watkins LLP as its legal adviser for the strategic review. Paramount CEO and Chairman ...

May 19, 2025
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'Big, Beautiful Bill' Could Preempt State, Local Bans On Rent-Setting Algorithms
News

'Big, Beautiful Bill' Could Preempt State, Local Bans On Rent-Setting Algorithms

... estate firms that use its platform have faced considerable legal and political scrutiny since a 2022 ProPublica investigation ... say anti-housing.” Requests for comment from the attorneys general offices in Colorado and California were not returned before ...

May 15, 2025
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Mayor Eric Adams
News

Justice Department Orders Eric Adams' Bribery Charges To Be Dropped

... order “without assessing the strength of the evidence or the legal theories on which the case is based.”  The letter said ... the dismissal.  “To be clear, we did not discuss my legal case,” Adams said in a statement following the meeting. “Those ...

Feb 11, 2025
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‘Sue First, Ask Questions Later’: Biometric Data Collection Could Cost CRE Millions — Even If It Follows The Rules
News

‘Sue First, Ask Questions Later’: Biometric Data Collection Could Cost CRE Millions — Even If It Follows The Rules

... should be paying attention to developments in a rapidly changing legal landscape. Especially this year, state privacy laws have ... said.  As of December, there are 12 states with general privacy laws that include sections on biometric data collection, Tene ...

Dec 17, 2023
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Some of the 2022 honorees onstage at Bisnow's New York Women Leading Real Estate event.
News

Meet Bisnow’s 46 Women Leading Real Estate In NYC

... Partner, Skidmore, Owings & Merrill Monique Henley, Executive General Manager, Development, East Coast, Lendlease Anna Crittenden, ... Director, Domain Cos. Legal Valerie Kitay, Chief Legal Officier, Savanna Maysa Vahidi, EVP, General Counsel, Arbor Realty ...

Nov 30, 2023
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