The Federal Reserve’s long-awaited announcement Wednesday that it is cutting its benchmark interest rate by 0.25% drew measured reactions from real estate attorneys and professionals, who said the move definitely provides reason for optimism but had already largely been factored into markets and does not represent the major step some sought. In comments shared with […]
Throughout Florida, cities and counties are struggling with achieving a balance between the development pressures that accompany growth and the need to retain housing affordability. Few municipalities from Key West to Tallahassee better reflect that tug-of-war than Hollywood. The city of 150,000 between Fort Lauderdale and Miami celebrates its centennial this year while staging a […]
A developer building twin condo towers on Fort Lauderdale beach has requested the dismissal of a lawsuit filed by a nearby condo claiming breach of contract. Selene’s twin towers will be the tallest on the beach, rising 300 feet above sea level at 3000 Alhambra St. The towers are situated to the east of Alhambra […]
The Florida Senate hailed the signing late last week of a wide-ranging bill aimed at bolstering the state’s handling of hurricanes, but a legal battle could lie ahead, as Gov. Ron DeSantis provided his signature over objections that portions will trample on local governments’ authority to regulate land use and development in their own communities. Senate Bill […]
Palm Beach Post USA TODAY NETWORK Will Live Local survive legal challenges? All eyes are on two South Florida lawsuits, one in Hollywood (Broward County) and another in Bal Harbour (Miami-Dade County). Both towns have been sued by developers that argue that they are now entitled to build their mega-developments despite what local zoning codes […]
Can you sue over a view? Alhambra Place, a condo tower in Fort Lauderdale with a view of the beach, is doing just that — alleging breach of contract and seeking more than $10 million in damages. For 24 years, residents of the 16-story condo tower at 209 N. Birch Road have enjoyed an unfettered view of […]
The Sunshine State has a grim warning for America’s homebuyers Zach Janik had all the makings of a Florida lifer. Born and raised in West Palm Beach, he spent most of his adult years in St. Augustine, a small beach town on the state’s northeast coast. In 2018, just shy of 30, he purchased a […]
Florida Legislature unanimously passed developer-friendly amendments to the workforce housing law Florida lawmakers recently strengthened the Live Local Act’s state control over municipalities, aiming to crack down on cities and counties that try to block applications filed under the workforce housing law. The amendments, unanimously approved by the House and Senate, which now await Gov. Ron […]
The Sunshine State’s latest Live Local Act update strengthens zoning preemptions and adds legal muscle, at odds with city governments that invoke home rule protections to resist affordable housing mandates. After rents and home prices surged during the pandemic, Florida responded in 2023 by passing a law dubbed the Live Local Act to boost affordable […]
Developer plans 96 workforce units at Pinnacle at Cypress, along with 100 units for seniors Pinnacle Housing Group and its partners advanced its plan to build a 196-unit Live Local Act affordable housing complex with separate buildings for seniors and workforce tenants in Fort Lauderdale’s Cypress Creek area. The Fort Lauderdale City Commission last week […]
