Tracer Lane II Realty, LLC v. City Of Waltham

On June 2, 2022, the Supreme Judicial Court (“SJC”) issued an important decision interpreting the application of G.L. c. 40A, § 3 (the “Dover Amendment”) to solar energy systems. The Dover Amendment, enacted in 1950, prevents municipalities from implementing zoning regulations that prohibit or interfere with certain uses the Legislature has determined are valuable as a matter of public policy and deserve protection from local community prohibition, such as religious, educational and agricultural uses. In 1985, […]

By | December 20th, 2022 ||

Why Haven’t We Seen Large-scale Distress In Real Estate Following The Pandemic? (Video)

A conversation with Proskauer Partners and PERE Editor Evelyn Lee on the factors impacting commercial real estate since the start of the Covid-19 pandemic.

Video: Why haven’t we seen large-scale distress in real estate following the pandemic? – Insights – Proskauer Rose LLP

Evelyn Lee: About three years into the pandemic, we have yet to see distress emerge in a larger scale way. People say the reasons for that is unlike before the GFC, there hasn’t been […]

By | December 10th, 2022 ||

Is The Real Estate Market Poised For Another Crash?

While the real estate market is certainly cooling off in many parts of the country, most experts agree that we are not headed for a repeat of the 2008 crash. Instead, the ongoing economic slowdown and rising interest rates are likely to result in a market correction, with home prices declining to more normal levels, time on the market increasing, and home prices appreciating less rapidly. For investors, the ongoing market conditions warrant continued […]

By | November 15th, 2022 ||