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The emerging post-pandemic economy has made mixed-used the CRE sector of choice for real estate developers, who are rushing to bring new combinations of office, retail and residential to market as office projects and indoor shopping malls are reimagined and housing is a priority just about everywhere.
The trinity at the core of traditional mixed-use projects — office, retail and residential — rapidly is evolving to bring a wide variety of project-specific uses to mixed-use development projects.
For Jamestown, the developer of iconic mixed-use projects including Ponce City Market in Atlanta, Brooklyn's Industry City and Raleigh Iron Works, the new mixed-use mix involves a diverse group of offerings that are "layered" into the same development.
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In June 2024, the First Department decided Huguenot LLC v. Megalith Capital Group Fund I, L.P., which resolved a question of liability for a group of condominium apartment buyers and in so doing, touched on a wide range of issues about how contracts can obligate purchasers of real property.
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Latham & Watkins helped the largest U.S. commercial real estate research company prevail in a breach-of-contract dispute in District of Columbia federal court.
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