Despite their very real impact, air rights are one of the most abstract concepts in development. Now a developer and lender are clashing over how tightly these rights are tied to the properties they spring from, and the fight’s outcome could have far-reaching implications. The issue is at the heart of a lawsuit filed by …
The South Carolina Court of Appeals has offered insight into its opinion on the issue of whether a developer may contractually create and enforce jury trial and class action waivers in a master deed. The Court’s position is good news for developers and those who represent them. [i] In The Gates at Williams-Brice Condominium Association and Katharine Swinson, individually, and on behalf of all …
San Francisco City Attorney Dennis Herrera Thursday filed suit against the developer of the Millennium Tower, alleging that the company knew that the luxury high-rise was sinking more than expected before it began selling units but failed to disclose the information to buyers. Herrera said the developer Mission Street Development LLC, an affiliate of Millennium …
Universal Orlando’s parent company is facing a lawsuit that could slow down its plans to develop a new theme park off International Drive in Orlando. The lawsuit claims there are restrictions on building a theme park on that property on Sand Lake Road. Channel 9’s Jamie Holmes found out Universal’s own effort to limit competition that is …
A Contra Costa Superior Court judge has upheld a ruling that allows a lawsuit against developers and the city of Lafayette to move forward. Judge Judith S. Craddick affirmed Aug. 9 a tentative ruling rejecting the city and developer O’Brien Land Company’s request that the lawsuit filed by the San Francisco Bay Area Renters’ Federation not move forward. The city and developer filed …