The real estate industry is driven by constant changes in capital markets, finance opportunities, new tax incentives, business demand, demographics and entirely novel technology-driven industries.
Our clients are looking for counsel that can identify trends and tap resources to multiply their opportunities.
Whatever the project, we are constantly thinking about what’s next for our clients. Which means a focus on sustainability, transforming communities and leveraging incentives to get shovels in the ground. Real people, real knowledge, creating real partnerships and opportunities.
We work with the full range of participants in the market and with every class of asset, for example:
We work with every kind of affordable housing—from communities designed for the elderly, to those needing supportive services and housing for veterans. And we use every type of financing resource from HUD, including tax-exempt bonds and tax credits.
We work with corporate on their real estate strategies addressing changing needs, especially in a down market when companies are consolidating space, whether they own or lease. By the same token, institutional owners and investors need to satisfy financial growth demands. Since real estate is one of any company’s biggest expenses, paying attention to opportunities pays off.
Some of the most successful sports franchises have engaged us to help build new stadiums, including the New York Yankees, Mets, Giants and Jets. Whoever your team is, we have the capability to steer your stadium build from the ground up.
Colleges and universities are a sweet spot in our practice. We can help you establish and maintain a solid governance structure and tap into available public and private financing for new infrastructure projects—all in accordance with exempt status requirements.
We help manufacturing companies find and build their large, often-specialized facilities. We also connect owners with developers looking to repurpose old industrial sites for contemporary public and commercial use.
We assist developers and investors who build housing or install solar power for various branches of the U.S. military.
We have helped nonprofit and for-profit arts organizations to expand their facilities or relocate. We bring the added benefits of tax credit financing experience, nonprofit knowledge and an Arts and Cultural Institutions team that knows arts-related issues inside and out.
We work with some of the world’s biggest franchises and brands on their headquarters and retail spaces—whether negotiating leases or constructing entirely new buildings.
Long Island Business News | June 21, 2022
This special report highlighting the publication’s real estate, architecture & engineering awards for 2022 mentions New York City Affordable Housing & Real Estate partner Joe Lynch, whose Park Lake Residences affordable housing renovation project received the “IDA Project of the Year” award for Nassau County.
Bloomberg Law | June 02, 2022
This roundup of notable legal industry news and attorney moves includes the arrival of New York City Affordable Housing & Real Estate counsel Sean Garahan to the firm.
Brick Underground | June 01, 2022
New York City Affordable Housing & Real Estate partner and Cooperatives & Condominiums team leader Erica Buckley is quoted throughout this article, providing practical input on differences in the process of combining units in co-op and condo buildings.
Connect Media | June 01, 2022
This article covering Jair Lynch Real Estate Partners and Nuveen Real Estate’s acquisition of a 587-unit affordable housing community in Langley Park, Maryland mentions NP as transaction counsel for the purchaser. The NP deal team includes Washington, DC partner Colette Dafoe and associate Jamie Flesch, and Rochester senior paralegal Stephanie Navarro-Smith, all from the Affordable Housing & Real Estate group.
Crain’s New York Business | May 06, 2022
Rochester Affordable Housing and Real Estate associate Nathan Vander Wal is mentioned in this column for representing security firm Mulligan Security on a new office lease in Manhattan’s Penn Plaza.
New York Law Journal | March 31, 2022
In her newest “Ask the Former Regulator” column, New York City Affordable Housing & Real Estate partner and Cooperatives & Condominiums team leader Erica Buckley discusses the growing use of community land trusts to build more permanently affordable housing and the types of development that can be built on this land, along with the related filing requirements in New York.
The New York Daily Record | March 08, 2022
This column of notable promotions and moves features Rochester Labor & Employment partner Kim Harding for her appointment as deputy leader of NP’s Litigation Department. The article also highlights Rochester Labor & Employment associate Jeniffer Taylor for joining the firm, and Rochester Affordable Housing & Real Estate associate Ninteretse Jean Pierre (JP) for rejoining NP.
The Daily Record | February 11, 2022
This article, on New York State legislation that general contractors on construction projects are now liable for wages if employees of a subcontractor are not paid or paid an incorrect amount, quotes Rochester Affordable Housing & Real Estate partner Darren Miller throughout the story on the new law.
New York Law Journal | February 08, 2022
Affordable Housing & Real Estate partners Lori Bowman and Matt Carrigg and Corporate partner Isaac Figueras, all of Rochester, are featured in this roundup for their promotions to partner.
Real Estate Finance Journal | January 01, 2022
New York Affordable Housing & Real Estate partner and Cooperatives & Condominiums team leader Erica Buckley contributed this article offering guidance to developers in New York City following the end of the state of disaster emergency due to the COVID-19 pandemic. The article covers the impacts for developers and the requirements they will need to comply with going forward.
Rochester Business | November 12, 2021
This article, part of the publication’s special report on “Commercial Real Estate & Lending,” extensively quotes Rochester Affordable Housing & Real Estate associate Matt Carrigg for his outlook on how labor shortages, caused by COVID, are impacting the industry. Matt also provides best practices for developers in navigating new challenges in the industry.
Journal of Tax Credits | November 01, 2021
Affordable Housing & Real Estate senior counsel Monica Sussman and associate Kelly Behr, both of the Washington, DC office, contributed this article on one method the U.S. Department of Housing and Urban Development uses to encourage the long-term preservation of affordable housing.
The Boston Globe | October 26, 2021
This article, focusing on the rapid growth of biotech labs in Greater Boston and the conversion of office space to labs, quotes Boston co-office managing partner Chris Froeb, of the Affordable Housing & Real Estate group, for his outlook on how officials should listen to local concern and find solutions that will avoid the risk of losing jobs to other regions.
Connect Media | October 19, 2021
This article covers the groundbreaking for a Boston-area affordable housing project, mentioning our firm for advising the developers on the predevelopment, acquisition, permitting, and construction financing. The NP team included Affordable Housing & Real Estate partner Paul Bouton, late partner Ruth Silman, senior associate Julie Hancock Stande, and associate Ali Walendziak, all of the Boston office.
Affordable Housing Finance | October 05, 2021
This roundup of notable moves in the affordable housing industry includes the arrival of New York City Affordable Housing & Real Estate partner Laura Sugarman, who focuses her practice on cooperative and condominium conversions, and commercial real estate transactions.
The Real Deal | October 05, 2021
This article in New York City’s top real estate trade publication—part of a special report on law firms and real estate attorneys—quotes Affordable Housing & Real Estate practice group leader and Long Island partner Denise Pursley on the uncharted waters of the eviction moratorium and how we’ve been advising clients. The story also notes the firm’s work with pro bono organizations, such as Lawyers Clearinghouse, in helping tenants who could be vulnerable to eviction.
Rochester Business Journal | October 01, 2021
This top-tier regional business publication covered Rochester Affordable Housing & Real Estate associates Mauricio Cuellar, Steve Fantuzzo, and Matthew King and their moves to the firm, while also detailing their practices.
The Daily Record | September 30, 2021
This article on the publication’s “Legal Excellence Awardsrdquo; recognizes Rochester Affordable Housing & Real Estate associate Sarah Lobe as one of the region’s “Up and Coming Lawyers” and Rochester copy operator Curtis Burnett for the “Law Firm Administrator” award.
New York Law Journal | September 29, 2021
This roundup of notable New York State legal moves includes the arrival of New York City Affordable Housing & Real Estate partner Laura Sugarman, who focuses her practice on cooperative and condominium conversions, and commercial real estate transactions.
Massachusetts Lawyers Weekly | September 10, 2021
This article covers a Supreme Judicial Court ruling that an enforcement action brought by the Northern Conservation Commission over an asserted Wetlands Protection Act violation occurring decades ago, under previous owners, was still timely. Boston Affordable Housing & Real Estate senior counsel Don Cooper, who filed an amicus brief on behalf of the Massachusetts Association of Conservation Commissions, is quoted on the significance of the ruling in answering a long-standing question about the timeline for enforcement.
Bloomberg Law | September 09, 2021
New York City Affordable Housing & Real Estate partner and Cooperatives & Condominiums team leader Erica Buckley contributed this article on the efficiencies she gained while working from her upstate New York home during the pandemic, and how the new norms have allowed her to achieve better work-life balance while simultaneously expanding her practice.
Rochester Business Journal | September 03, 2021
This article, focusing on the major trends driving the business of law post-pandemic, quotes Rochester office managing partner Jared Lusk, of the Affordable Housing & Real Estate group, on recruiting legal talent outside of cities where the firm has physical offices as one of the efficiencies gained during the pandemic.
Chicago Daily Law Bulletin | August 12, 2021
This column of notable legal moves highlights Chicago Affordable Housing & Real Estate partner Gregg Dorman and his arrival to the firm.
Journal of Affordable Housing | July 26, 2021
Washington, DC Affordable Housing & Real Estate partner and Housing Regulatory team leader Richard Price and associate Rebecca Simon contributed this article discussing recent developments in the U.S. Department of Agriculture’s Rental Housing Service programs, funding issues that have created challenges to preservation, and preservation strategies that have been used to overcome, in part, the funding challenges.
New York Law Journal | July 16, 2021
This roundup of notable New York State legal moves includes the arrivals of Rochester associates Mauricio Cuellar, Steve Fantuzzo, and Matthew King, all of the Affordable Housing & Real Estate group.
Bloomberg CityLab | July 01, 2021
In this article, New York City Affordable Housing and Real Estate partner Meghan Altidor discusses how California and New York are turning hotels into housing.
Massachusetts Lawyers Weekly | June 28, 2021
This special feature highlights Boston co-office managing partner Chris Froeb, of the Affordable Housing & Real Estate group, as a “go to” commercial real estate attorney in the state.
New York Law Journal | June 23, 2021
Cooperatives & Condominiums team leader and New York City Affordable Housing & Real Estate partner Erica Buckley contributed this column on New York state’s mortgage recording tax credit, which offers relief to real estate professionals, and how the governor’s executive order suspending the deadline to take advantage of the credit will alleviate some of the marketplace disruptions caused by COVID-19.
WBUR | June 22, 2021
This article quotes Boston Affordable Housing & Real Estate partner Jeff Sacks related to Jamaica Plain’s Forbes building, where the owners are trying to keep the development affordable and prevent current residents from being displaced.
Power Finance & Risk | June 09, 2021
This article mentions NP for advising DIF Capital Partners’ infrastructure fund on its agreement to acquire the Kingfisher wind farm in Oklahoma. The deal team includes Washington, DC Community Development Finance partner Shariff Barakat, Rochester Corporate partner Lori Green, Buffalo Global Finance partner Martha Anderson, and Rochester Corporate associate Aya Hoffman.
Also contributing to the deal were New York City Corporate partner Rick Cox; Manchester partner Mark Beaudoin and San Francisco partner Alison Torbitt, both of the Affordable Housing & Real Estate group; and Washington, DC partners Elizabeth Whittle and Bob Daileader and counsel Ken Weiner, all of the Project Finance & Public Finance group.
Washington Business Journal | June 01, 2021
This article mentions NP for advising the American Bankers Association on the lease of its new 87,000-square-foot headquarters. Washington, DC office managing partner Colette Dafoe and Chicago associate Emily Schwebke, both of the Affordable Housing & Real Estate group, negotiated the lease on behalf of ABA while Rochester Affordable Housing & Real Estate partner Darren Miller led negotiations on construction and architect agreements for the build-out.
The Daily Record | May 28, 2021
Rochester office managing partner Jared Lusk, of the Affordable Housing & Real Estate group, is quoted extensively in this article on how the professional services industry is preparing for a post-COVID world, discussing the rise in remote work, and the resiliency and openness to new ideas the industry has shown over the past 18 months.
Commercial Observer | May 10, 2021
New York City Affordable Housing & Real Estate partner Joe Lynch is mentioned in this article for representing Silver Street Development in its joint venture partnership with LIHC Investment Group to rehabilitate the Marble Hall Apartments low-income housing development. The deal team also included Washington, D.C. partner Steve Wallace, Boston counsel Alex Rosso, and New York City associate Alex Hohauser, all of the Affordable Housing & Real Estate group.
Real Estate Weekly | May 10, 2021
This article, on Silver Street Development’s joint venture partnership with LIHC Investment Group to rehabilitate low-income housing development Marble Hall Apartments, mentions the firm for the work by New York City Affordable Housing & Real Estate partner Joe Lynch in representing Silver Street.
The Daily Record | April 29, 2021
Rochester office managing partner Jared Lusk, of the Affordable Housing & Real Estate group, was selected for the region’s “Power 30 Law” list. Related to this accolade, the paper also published a Q&A article on Jared’s outlook as COVID restrictions ease.
Rochester Business Journal | April 23, 2021
This feature story on growth and expansion of NP client REV LNG LLC, which specializes in renewable energy project development and mobile energy services, quotes Rochester office managing partner Jared Lusk, of the Affordable Housing & Real Estate group, for NP’s close partnership and collaboration with REV LNG CEO David Kailbourne to help grow the company.
Washington Business Journal | April 15, 2021
This article on clean technology in the Washington, DC region details New Partners Community Solar’s roots within our firm, as well as the organization’s mission, and quotes New Partners CEO Herb Stevens and President Jeff Lesk, both senior counsel with the Community Development Finance group in DC.
Rochester Business Journal | April 09, 2021
Rochester Affordable Housing & Real Estate associate Sarah Lobe and senior environmental health engineer Libby Ford contributed this article on the proposed environmental rights amendment to the Bill of Rights of the New York State Constitution, on which New Yorkers will vote in November.
Law360 | April 01, 2021
This article on notable moves in real estate law includes Chicago Affordable Housing & Real Estate partners Jim Mayer’s and Mike Kuppersmith’s move to the firm.
Power Finance & Risk | April 01, 2021
This article on Strata Solar’s strategic partnership with Blackstone Credit mentions the firm for the work of Project Finance, Infrastructure & Real Estate department chair and Washington, DC Community Development Finance partner Michael Goldman and Buffalo Global Finance partner Martha Anderson in advising the solar and battery storage developer.
Multi-Housing News | March 30, 2021
This article on the $35.8 million rehabilitation of an affordable housing community for seniors in White Plains, NY, mentions the firm for the work of New York City Affordable Housing & Real Estate partner Joe Lynch and strategic policy advisor Deborah VanAmerongen as borrower counsel.
Reuters Legal | March 22, 2021
This national column of notable legal moves includes Chicago Affordable Housing & Real Estate partners Jim Mayer’s and Mike Kuppersmith’s move to the firm.
Law360 | March 19, 2021
Cooperatives and Condominiums practice team leader and New York City partner Erica Buckley is featured in this Q&A article on her outlook for New York’s affordable and middle-market residential sectors during the pandemic. This story is part of a series spotlighting female real estate leaders during Women’s History Month.
Newsday | March 10, 2021
This article on New York Gov. Cuomo’s COVID-19 Emergency Protect Our Small Businesses Act quotes Long Island Affordable Housing & Real Estate counsel Michael Webb on the law’s eviction safeguards for small businesses and landlords, the businesses that the law applies to, and exceptions for evictions.
Newsday | March 04, 2021
Long Island Affordable Housing & Real Estate counsel Michael Webb was included in this column of notable executive news on Long Island for his promotion to counsel.
Rochester Business Journal | February 26, 2021
Rochester office managing partner and Affordable Housing & Real Estate partner Jared Lusk has been named to the publication’s “Power 100 List 2021”. The accolade also includes a short Q&A article on Jared’s proudest accomplishments, community involvement, and important lessons he’s learned.
Bloomberg Law | February 18, 2021
San Francisco Affordable Housing & Real Estate partner Alison Torbitt contributed this article on how the California Environmental Protection Agency’s vapor intrusion guidance may impact residential development on the state’s brownfields.
Innovate Long Island | February 17, 2021
This morning roundup of notable business news in Long Island includes the launch of the Long Island office’s “What’s New” virtual workshop series, designed to keep participants up-to-date with the fast-paced, post-pandemic changes across law and industry.
Bloomberg Law | February 17, 2021
This roundup of notable legal industry news and people moves includes Nixon Peabody’s promotion of 12 attorneys to counsel.
WealthManagement.com | February 09, 2021
This article, on how investors are finding more ways to invest in affordable housing, quotes New York City Affordable Housing & Real Estate strategic policy advisor Deborah VanAmerongen on how geography comes into play with tax credits and investments made by private equity firms and developers.
Banker & Tradesman | February 01, 2021
This roundup of appointments and executive moves across the Massachusetts real estate and banking sectors covers Boston Affordable Housing & Real Estate partner Jeff Sacks’ appointment as chairman of the board for Boston-based developer, owner, and operator 2Life Communities.
Real Estate Finance Journal | February 01, 2021
New York Affordable Housing & Real Estate counsel Richard Shore contributed this article analyzing the recent decision in Backal Hospitality Group, LLC v. 627 West 42nd Retail LLC and what it means for commercial tenants and landlords and future proceedings related to the nonpayment of rent during COVID-19.
Bloomberg Law | February 01, 2021
The launch of the firm’s State Attorneys General practice team is included in this roundup of notable legal news. The team is led by New York Affordable Housing & Real Estate partner Erica Buckley; New York partner Travis Hill and Boston partners Bill Codinha and Rob Fisher, of the Government Investigations & White Collar Defense group.
Seniors Housing Business | January 28, 2021
This article covers Boston Affordable Housing & Real Estate partner Jeff Sacks for being named chairman of the board for Boston-based developer, owner, and operator 2Life Communities. The article highlights Jeff’s work in Massachusetts to transform outdated public housing projects into vital communities for low-income residents.
Affordable Housing Finance - Lessons Learned in 2020 | January 04, 2021
New York City Affordable Housing & Real Estate strategic policy advisor Deborah VanAmerongen is quoted in Affordable Housing Finance’s 2021 outlook and 2020 year-end articles. Deborah is quoted for her perspective on the exponential growth in the need for affordable housing and how the adjustments by industry practitioners to the “new normal“ improved efficiency.
Affordable Housing Finance | January 04, 2021
New York City Affordable Housing & Real Estate strategic policy advisor Deborah VanAmerongen is quoted in Affordable Housing Finance’s 2021 outlook and 2020 year-end articles. Deborah is quoted for her perspective on the exponential growth in the need for affordable housing and how the adjustments by industry practitioners to the “new normal“ improved efficiency.
Boston Business Journal | December 29, 2020
This article, which discusses office and retail space remaining empty and landlords beginning to sue for rent payment, mentions the formation of NP’s Commercial Lease Disputes practice team in anticipation of a potential wave of cases. Boston Affordable Housing & Real Estate partner Matthew Lynch, Providence Complex Commercial Disputes partner Jeff Brenner, and Washington, D.C. Complex Commercial Disputes partner Vernon Johnson co-lead the new practice team.
Tax Notes | December 28, 2020
Boston Community Development Finance partner Forrest Milder co-authored this letter to the IRS, republished by Tax Notes, related to income averaging regulations for low-income housing tax credits.
CoStar News | December 23, 2020
Boston Community Development Finance partner Forrest Milder and Washington, D.C. Affordable Housing & Real Estate partner Richard Price comment on the low-income housing tax credit rate being fixed at 4% in Congress’ recently passed spending bill, and what that could mean in practical terms.
Law360 | December 23, 2020
This article on how commercial landlords are navigating rent disagreements with tenants quotes Commercial Lease Disputes team co-leader and Boston Affordable Housing & Real Estate partner Matthew Lynch on the unusual nature of the current environment, and the potential for judges in some instances to read outside the four corners of the lease.
Connect CRE | December 18, 2020
The firm was mentioned in this article on the FHA Section 223(f) refinancing loan for Israel Senior Citizen Housing I and II, an apartment complex for the elderly in the Far Rockaway neighborhood of Queens, NY. Washington, D.C. partner Susanna Mitchell and New York City strategic policy advisor Deborah VanAmerongen, both of the Affordable Housing & Real Estate group, advised JASA Corporation in the deal.
Real Estate Weekly | December 16, 2020
The firm was mentioned in this article on the FHA Section 223(f) refinancing loan for Israel Senior Citizen Housing I and II, an apartment complex for the elderly in the Far Rockaway neighborhood of Queens, NY. Washington, D.C. partner Susanna Mitchell and New York City strategic policy advisor Deborah VanAmerongen, both in the Affordable Housing & Real Estate group, advised JASA Corporation in the deal.
New York Law Journal | December 11, 2020
In the latest installment of her “Ask the Former Regulator“ column, New York City Affordable Housing and Real Estate partner Erica Buckley discusses whether a housing development fund company that operates as a housing cooperative can go private and what factors shareholders need to consider.
Affordable Housing Finance | December 02, 2020
This article on the conversion of 90 Sands St.—a well-known building in New York City and former Jehovah Witnesses’ hotel—into affordable and supportive housing mentions the firm for the work of New York City Affordable Housing & Real Estate partner Joe Lynch, strategic policy advisor Deborah VanAmerongen, and associate Julia Casteleiro in representing Breaking Ground, New York’s largest supportive housing developer.
Rochester Business Journal | November 27, 2020
Corporate associate Isaac Figueras and Complex Commercial Disputes associate Eric Ferrante, both in Rochester, were quoted in this article for their outlook on force majeure clauses, commercial real estate leasing, and the impact of COVID and the California wildfires on supply chains.
Multi-Housing News | November 24, 2020
The following articles highlight the conversion of 90 Sands St.—a well-known building in New York City and former Jehovah Witnesses’ hotel—into affordable and supportive housing. The firm was mentioned for the work by New York City Affordable Housing & Real Estate partner Joe Lynch, strategic policy advisor Deborah VanAmerongen, and associate Julia Casteleiro in representing Breaking Ground, New York’s largest supportive housing developer.
Bisnow | November 24, 2020
This article on the conversion of 90 Sands St.—a well-known building in New York City and former Jehovah Witnesses’ hotel—into affordable and supportive housing mentions the firm for the work of New York City Affordable Housing & Real Estate partner Joe Lynch, strategic policy advisor Deborah VanAmerongen, and associate Julia Casteleiro in representing Breaking Ground, New York’s largest supportive housing developer.
Brooklyn Daily Eagle | November 23, 2020
The following article highlights the conversion of 90 Sands St.—a well-known building in New York City and former Jehovah Witnesses’ hotel—into affordable and supportive housing. The firm was mentioned for the work by New York City Affordable Housing & Real Estate partner Joe Lynch, strategic policy advisor Deborah VanAmerongen, and associate Julia Casteleiro in representing Breaking Ground, New York’s largest supportive housing developer.
Real Estate Weekly | November 23, 2020
The following article highlights the conversion of 90 Sands St.—a well-known building in New York City and former Jehovah Witnesses’ hotel—into affordable and supportive housing. The firm was mentioned for the work by New York City Affordable Housing & Real Estate partner Joe Lynch, strategic policy advisor Deborah VanAmerongen, and associate Julia Casteleiro in representing Breaking Ground, New York’s largest supportive housing developer.
WROC-TV News 8 | November 18, 2020
This broadcast segment features Rochester office managing partner Jared Lusk, of the Affordable Housing & Real Estate group, and longtime client REV LNG CEO David Kailbourne discussing how the company has grown in the renewable energy sector while also making a positive impact on the Rochester community.
Multi-Housing News | November 03, 2020
The following article covers client Avanath Capital Management’s acquisition of a 207-unit apartment community in Boston, a complex transaction that will preserve Morton Village as an affordable housing property for many years to come. The stories mention NP for the firm’s work as legal counsel and name members of the deal team, New York City partner Tatiana Gutierrez, Boston partners Jeff Sacks and Ruth Silman, and associate Ali Walendziak, all of the Affordable Housing & Real Estate group.
Modern Restaurant Management | November 02, 2020
This roundup of current industry issues to watch highlights several thought leadership pieces from NP’s recently published fourth-quarter Food & Beverage Crystal Ball. The publication summarizes trends provided by San Francisco partner Alison Torbitt and counsel Ian O’Banion, both of the Affordable Housing & Real Estate Group; Rochester Corporate associate Isaac Figueras; and San Francisco Labor & Employment associates Rachel Conn and Maritza Martin.
Yield PRO | November 02, 2020
The following article covers client Avanath Capital Management’s acquisition of a 207-unit apartment community in Boston, a complex transaction that will preserve Morton Village as an affordable housing property for many years to come. The stories mention NP for the firm’s work as legal counsel and name members of the deal team, New York City partner Tatiana Gutierrez, Boston partners Jeff Sacks and Ruth Silman, and associate Ali Walendziak, all of the Affordable Housing & Real Estate group.
NJBiz | October 22, 2020
This article mentions the firm for representing Hudson Valley Property Group LLC in its partnership with Nuveen Investments for the purchase of a 412-unit affordable apartment portfolio in Jersey City. The deal team included New York partner Aaron Yowell and strategic policy advisor Deborah VanAmerongen, Boston partner Chris Froeb, and Washington, D.C. partner Susanna Mitchell, all of the Affordable Housing & Real Estate group.
Affordable Housing Finance | October 21, 2020
This article mentions the firm for representing Hudson Valley Property Group LLC in its partnership with Nuveen Investments for the purchase of a 412-unit affordable apartment portfolio in Jersey City. The deal team included New York partner Aaron Yowell and strategic policy advisor Deborah VanAmerongen, Boston partner Chris Froeb, and Washington, D.C. partner Susanna Mitchell, all of the Affordable Housing & Real Estate group.
National Real Estate Investor | October 14, 2020
This article, on how developers and investors dedicated to preserving affordable housing are raising capital to bid for properties, quotes New York Affordable Housing & Real Estate strategic policy advisor Deborah VanAmerongen for her thoughts on buyers’ potential opportunities to purchase several types of properties.
Real Estate Weekly | October 13, 2020
This article mentions the firm for representing Hudson Valley Property Group LLC in its partnership with Nuveen Investments in the purchase of a 412-unit affordable apartment portfolio in Jersey City. The deal team included New York partner Aaron Yowell and strategic policy advisor Deborah VanAmerongen, Boston partner Chris Froeb, and Washington, D.C. partner Susanna Mitchell, all of the Affordable Housing & Real Estate group.
Seniors Housing Business | October 06, 2020
The following article cover NP’s role in securing financing deals for client Wollaston Lutheran Housing, allowing the affordable-housing provider to substantially upgrade two properties in Quincy, MA. Boston Affordable Housing & Real Estate partner Jeff Sacks led the deal team, which also included Boston associates Ali Walendziak and Alexander Rosso, and Washington, DC counsel Anthony Ruvolo, all of the Affordable Housing & Real Estate group.
REBusinessOnline | October 05, 2020
The following article cover NP’s role in securing financing deals for client Wollaston Lutheran Housing, allowing the affordable-housing provider to substantially upgrade two properties in Quincy, MA. Boston Affordable Housing & Real Estate partner Jeff Sacks led the deal team, which also included Boston associates Ali Walendziak and Alexander Rosso, and Washington, DC counsel Anthony Ruvolo, all of the Affordable Housing & Real Estate group.
Connect Media CRE | October 05, 2020
The following article cover NP’s role in securing financing deals for client Wollaston Lutheran Housing, allowing the affordable-housing provider to substantially upgrade two properties in Quincy, MA. Boston Affordable Housing & Real Estate partner Jeff Sacks led the deal team, which also included Boston associates Ali Walendziak and Alexander Rosso, and Washington, DC counsel Anthony Ruvolo, all of the Affordable Housing & Real Estate group.
WRCN 103.9 FM Long Island Radio | October 04, 2020
Cooperatives & Condominiums practice team leader and New York Affordable Housing & Real Estate partner Erica Buckley was featured in this radio segment focusing on the Martin Act (one of the most exhaustive securities laws in the country), New York State filings and compliance, and investigation and enforcement by the New York Attorney General.
Rochester Business Journal | October 02, 2020
In this article on Rochester’s mix of housing and real estate developments, Rochester Affordable Housing & Real Estate associate Matt Carrigg is quoted for his outlook on the uptick in affordable housing developments, and interest from local and out-of-state developers.
Affordable Housing Finance | September 22, 2020
This article quotes New York Affordable Housing and Real Estate strategic policy advisor Deborah VanAmerongen on a potentially historic opportunity to address the affordable housing crisis by accessing some older properties not originally built as affordable housing.
Law360 | September 18, 2020
Affordable Housing & Real Estate practice group leader and Long Island partner Denise Pursley is featured in this Q&A article, where she provides her outlook on the real estate industry and how it’s been impacted by the coronavirus pandemic.
National Real Estate Investor | September 16, 2020
In this article on apartment developers and their outlook on the real estate market, New York Affordable Housing & Real Estate strategic policy advisor Deborah VanAmerongen is quoted on the possible use of hotels for affordable housing.
Affordable Housing Finance | September 10, 2020
Washington, D.C. Affordable Housing & Real Estate partner Richard Price contributed this article which breaks down some of the complexities of managing the Department of Housing and Urban Development’s multifamily programs.
Rochester Business Journal | September 04, 2020
Rochester Affordable Housing & Real Estate partner Ashley Champion is recognized as one of Rochester Business Journal’s 2020 “Forty Under 40” honorees.
GlobeSt | August 31, 2020
In this article, Los Angeles Affordable Housing & Real Estate partner Ed Campbell comments on the impact that construction, public-private partnerships, local impact fees, and other community conditions are having (and will have) on California’s affordable housing industry.
Multi-Housing News | August 06, 2020
This article on Fort Schuyler House, a 138-unit affordable senior housing community in the Bronx, mentions NP for the work of New York City Affordable Housing & Real Estate partners Joe Lynch and Meghan Altidor, and strategic policy advisor Deborah VanAmerongen representing the developer in the deal.
Affordable Housing Finance | July 28, 2020
This article on the $224 million in supplemental payments that the Department of Housing and Urban Development is making available to owners of properties receiving project-based rental assistance links to New York City Affordable Housing & Real Estate counsel Kathie Soroka and strategic policy advisor Deborah VanAmerongen’s client alert on the topic.
Senior Housing News | July 22, 2020
Nixon Peabody client Hebrew SeniorLife (HSL) was included in this roundup of notable deals for closing on the financing of two Boston-area properties that will help the organization with its post-pandemic future. Affordable Housing & Real Estate partner Jeff Sacks, and associates Ali Walendziak and Alexander Rosso were mentioned for representing HSL in the Randolph financing. Jeff Sacks and Affordable Housing & Real Estate associate Julie Hancock Stande were noted for representing HSL in the Brookline transaction. All the attorneys are based in Boston.
New York Law Journal | July 16, 2020
In her latest “Ask the Former Regulator” column, New York City Affordable Housing & Real Estate partner Erica Buckley examines some of the limited relief afforded to condominium sponsors under the recent executive orders signed by Governor Andrew Cuomo.
Affordable Housing Finance | June 23, 2020
In this article detailing progress and challenges that housing programs face in their fight against homelessness, New York City Affordable Housing & Real Estate strategic policy advisor Deborah VanAmerongen provides her perspective on why affordability remains one of the biggest challenges.
Bloomberg Tax | June 23, 2020
New York City Affordable Housing & Real Estate counsel Kathie Soroka contributed this article on how the Department of Housing and Urban Development’s Rental Assistance Demonstration program can be combined with low-income housing tax credits to provide stable investment opportunities in uncertain times.
Albany Times Union | June 20, 2020
This roundup of notable executive news includes the appointment of New York City Cooperatives & Condominium practice team leader and partner Erica Buckley to co-chair of the New York State Bar Association’s Condominiums & Cooperatives Committee.
Cannabis Business Executive | June 17, 2020
This article, on the reopening of Colorado’s marijuana hospitality industry, cites a recent NP alert that details guidelines for cannabis retailers to consider for revamping operations without spreading communicable illnesses. Cannabis Business Executive also re-published the complete NP alert, written by San Francisco Affordable Housing & Real Estate partner Alison Torbitt; Los Angeles Intellectual Property partner, Litigation Department vice-chair, and Fashion practice leader Staci Riordan; and San Francisco Labor & Employment associates Hillary Baca and Rachel Conn.
The Cooperator | June 16, 2020
This feature article on New York City’s first-ever Housing Development Fund Corporation cooperative dissolution and reconstitution to free-market status quotes Cooperatives & Condominiums practice team leader Erica Buckley and mentions Affordable Housing & Real Estate counsel Ruben Ravago, both of New York City, for advising West Village Houses.
Habitat | June 08, 2020
This feature article on New York City’s first-ever Housing Development Fund Corporation cooperative dissolution and reconstitution to free-market status quotes Cooperatives & Condominiums practice team leader Erica Buckley and mentions Affordable Housing & Real Estate counsel Ruben Ravago, both of New York City, for advising West Village Houses.
Bloomberg Tax | June 05, 2020
This article quotes Boston Community Development Finance partner Forrest Milder on new Treasury guidance related to opportunity zone investors, noting what he’s been seeing in the space as well as issues that remain unaddressed.
Pacific Coast Business Times | May 29, 2020
Los Angeles office managing partner and Affordable Housing & Real Estate partner Justin Thompson wrote this article about how the COVID-19 pandemic has impacted commercial real estate and steps that the industry can take towards recovery.
Politico | May 14, 2020
This roundup of lobby hires mentions that apartment industry advocacy group National Multifamily Housing Council has hired Washington, DC, Affordable Housing and Real Estate partner Richard Price to lobby on amendments to the CARES Act.
Crain’s New York | April 29, 2020
Cooperatives & Condominium practice team leader Erica Buckley contributed this op-ed on New York City’s real estate landscape during the pandemic, offering her outlook and appeal for affordable housing and home ownership.
Bisnow | April 23, 2020
This article, which mentions NP for representing the developer in the transaction, covers a $50 million financing deal that enables construction of a new 191-unit residential building in Northeast Washington, D.C. The deal team included Washington, D.C. partner Susanna Mitchell, New York City partner Meghan Altidor, and Boston associate Alexander Rosso, all of the Affordable Housing and Real Estate group.
Chicago Tribune | April 01, 2020
In this front-page article in the Chicago Tribune, Chicago Affordable Housing and Real Estate partner David Allswang provided comments that commercial landlords are bracing for a significant drop in rent payments in April amid the coronavirus crisis, citing anecdotal data from commercial property owners in London.
Affordable Housing Finance | March 31, 2020
Washington, D.C. Affordable Housing and Real Estate partner Richard Price shares his perspective on the early impact of COVID-19 on the affordable housing industry, including how the federal government should respond.
Commercial Observer | March 28, 2020
Los Angeles office managing partner Justin Thompson, of the Affordable Housing and Real Estate practice group, says there is no modern comparison to California’s blanket moratorium on evictions during the coronavirus crisis.
New York Law Journal | March 23, 2020
In her latest “Ask the Former Regulator” column, New York City Affordable Housing and Real Estate partner Erica Buckley explains that the functions of New York government, including the Attorney General’s Real Estate Finance Bureau, are still in operation during the coronavirus shutdown, as most state employees continue to work remotely.
Commercial Observer | March 20, 2020
Los Angeles office managing partner Justin Thompson, of the Affordable Housing and Real Estate practice group, talks about California’s proposed moratorium on commercial evictions. Justin notes that tenants who do not pay their rent may face negative contractual consequences even they are not evicted.
City and State | March 09, 2020
New York City Affordable Housing and Real Estate partner Erica Buckley appears on this City and State 2020 Law Power List, recognizing New York’s most politically powerful lawyers.
National Mortgage Professional | February 20, 2020
This article is about the Federal Deposit Insurance Corp. and Office of the Comptroller of the Currency’s decision to extend the public comment period regarding proposed changes to the Community Reinvestment Act, and it mentions Nixon Peabody for New York City Affordable Housing and Real Estate partner Tatiana Gutierrez’s pro bono work as part of the team helping the National Housing Conference develop a detailed response.
Brick Underground | February 19, 2020
This article features New York City Affordable Housing & Real Estate partner Erica Buckley talking about the process for condo and co-op owners who may want to buy a second unit in the same building to combine with their current home.
Law360 | February 19, 2020
New York City Corporate partner Rick Cox provides commentary in this article about how managers of qualified opportunity funds can minimize conflicts of interest through organizational documents.
Albany Times Union | February 15, 2020
This roundup of personnel moves in the Albany business community highlights the promotion of Albany Affordable Housing and Real Estate partner Peter Trimarchi, who is part of NP’s new partner class for 2020.
The Real Deal | February 13, 2020
New York City Affordable Housing and Real Estate partner Erica Buckley talks about Governor Andrew Cuomo’s veto of a bill that would’ve jeopardized property tax abatements for condos and co-ops that do not pay a prevailing wage to their building service workers.
Affordable Housing Finance | February 10, 2020
This roundup of personnel moves in the affordable housing space highlights the promotions of Los Angeles Community Development partner Sonia Nayak, Washington, DC, Affordable Housing and Real Estate partner Dara Newman Histed, and New York City Affordable Housing and Real Estate partner Dana Roper, all of whom officially joined the NP partnership this month.
Albany Business Review | January 31, 2020
This round-up of personnel moves in the Albany area features Albany Affordable Housing and Real Estate partner Peter Trimarchi, who is part of NP’s new partner class for fiscal 2020.
New York Real Estate Journal | January 21, 2020
This article highlights New York City Affordable Housing and Real Estate partner Tatiana Gutierrez, who served as moderator of a Social Impact Investing in Housing panel at NP’s office. Tatiana is a board member for Women in Housing and Financing, Inc., which convened the panel.
Affordable Housing Finance | December 26, 2019
Boston Community Development Finance partner Forrest Milder wrote this contributed article analyzing the final IRS regulations governing opportunity zones, the tax-advantaged investment opportunity created by Congress in 2017.
New York Law Journal | December 18, 2019
In her latest “Ask the Former Regulator” column, New York City Affordable Housing and Real Estate partner Erica Buckley answers a question from a condominium sponsor in New York City who is beginning to sell condo units with only a temporary certificate of occupancy.
QSR Magazine | December 12, 2019
Washington, DC, Affordable Housing and Real Estate partner Harry Kelly provides commentary throughout this article about accessibility needs restaurants must consider to comply with the Americans with Disabilities Act.
Long Island Business News | November 21, 2019
This story highlights Nixon Peabody’s work on a deal to open a 135-unit supportive and affordable housing development for homeless veterans and low-income families in Brooklyn. Partner Aaron Yowell, partner-elect Dana Roper, and strategic policy advisor Deborah VanAmerongen, all of the Affordable Housing & Real Estate Group in New York City, were part of the deal team. Aaron is quoted in the article.
Washington Business Journal | November 15, 2019
This article quotes Washington, DC, Complex Commercial Disputes partner Vernon Johnson on how commercial landlords in the Beltway can protect themselves against economic uncertainty by diversifying the types of tenants who lease space in their properties.
Reuters Legal | November 12, 2019
This roundup of personnel moves in the legal industry highlights the promotions of Complex Commercial Disputes partner Kathleen Ceglarski Burns and Affordable Housing and Real Estate partner Chris Froeb to co-OMPs of the Boston office.
Best Lawyers | October 21, 2019
San Francisco Affordable Housing & Real Estate partner Alison Torbitt wrote this contributed article analyzing the increasing appetite among employees and investors for corporate social responsibility and environmental, social and governance standards. Alison also writes about how companies’ general counsels can participate in these initiatives.
Rochester Business Journal and The Daily Record | October 11, 2019
This story quotes Rochester Affordable Housing and Real Estate partner Bruce Baker on the variety of different ways for investors to take advantage of opportunity zones, in Rochester and across the country.
New York Law Journal | September 30, 2019
In the latest installment of her “Ask the Former Regulator” column, New York City Affordable Housing and Real Estate partner Erica Buckley analyzes new legislative language that changes the threshold for effective offering plans on rental conversions.
The Real Deal | September 17, 2019
New York City Affordable Housing and Real Estate partner Erica Buckley comments on presidential candidate Bernie Sanders’ proposed plan for increased federal funding for community land trusts, an arrangement in which nonprofits acquire land as a permanent location for affordable housing.
Massachusetts Lawyers Weekly | August 22, 2019
Boston Affordable Housing and Real Estate partner Jeff Sacks wrote this contributed article analyzing a ruling by the Appellate Tax Board on the proper method of determining real estate taxes for senior living facilities that use an entry fee model. Boston law clerk Thomas Jackson contributed to the article.
Affordable Housing Finance | August 08, 2019
This roundup of executive moves in the affordable housing space includes the arrivals of two New York City associates, Abigail Patterson and Richard Shore, both of the Affordable Housing and Real Estate practice group.
The Narragansett Times | August 05, 2019
This article mentions Providence Complex Commercial Disputes partner Jeffrey Brenner, who is representing clients who wish to build an assisted living facility for people with Alzheimer’s in Wakefield, Rhode Island.
Law360 | July 17, 2019
This article features analysis from Albany Affordable Housing and Real Estate counsel Peter Trimarchi on ambitious new climate-change legislation in New York State that will force the natural gas industry to revisit its business plans.
Law360 | July 16, 2019
This roundup of high-profile activity in the real estate market features partner Aaron Yowell and associate Julia Casteleiro, both of the Affordable Housing and Real Estate practice group in New York City, who provided counsel to Camber Property Group LLC in its $76.25 million purchase of a building and air rights in the Bronx.
Habitat | July 11, 2019
This story quotes New York City Affordable Housing and Real Estate partner Erica Buckley on a controversial new bill headed to Governor Andrew Cuomo’s desk. The bill would require co-op and condo owners to pay their nonunion employees more than twice the minimum wage to qualify for a key tax abatement.
Crain’s New York | July 09, 2019
New York City Affordable Housing & Real Estate partner Erica Buckley wrote this op-ed outlining how a new law designed to protect tenants may actually reduce home ownership opportunities in the city, due to a provision making condo conversions more difficult.