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Real Estate & Construction News Round-Up (09/28/22) – Virtual Property, ESG Reporting, and Economic Sanctions

This week’s round-up features virtual land marketplaces, proposed sanctions from the European Commission against Russia, ESG reporting and transparency in the real estate industry, and more. The European Commission is expected to announce a new round of sanctions against Russia, including a ban on real estate sales to Russian citizens…

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Proposed Rule to Designate Two PFAS Chemicals as Hazardous Substances Stands to Up the Ante for Site Remediation

On Friday, August 26, 2022, the U.S. Environmental Protection Agency (EPA) released a pre-publication notice of a long-awaited proposed rule to designate two of the most-studied per- and polyfluoroalkyl substances (PFAS)—perfluorooctanoic acid (PFOA) and perfluorooctanesulfonic acid (PFOS)—as hazardous substances under the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA). In an accompanying statement,…

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Real Estate & Construction News Round-Up (09/07/22) – Futuristic Cities, Shifting Housing Demand, and Rent Control

This week’s round-up addresses the shift in housing demand, efforts of apartment complexes to become more eco-friendly, plans for “cities of the future,” and more. Home prices spiked an unprecedented 43% in just over two years since the pandemic began, but the increases in mortgage rates have resulted in a…

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Green Hydrogen in the Suez Canal Economic Zone

As green hydrogen production becomes a global endeavor, many countries are vying to become hubs for the production of clean-burning fuel. Among them, Egypt has signed a number of agreements over the last year with international companies to establish green hydrogen production facilities in its Suez Canal Economic Zone (SCZone),…

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Real Estate & Construction News Round-Up (08/24/22) – Local Law 97, Clean Energy, and IRA Tax Credits

This week’s round-up features the intersection of real estate and energy efficiency, including state efforts surrounding clean energy legislation, Inflation Reduction Act tax credits, hotel & hospitality sectors creating sustainable initiatives to reduce carbon emissions, and more. In New York City, building owners try to figure out how to pay…

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Critical Materials for the Energy Transition: Of “Rare Earths” and Even Rarer Minerals

As the world pursues ambitious net-zero carbon emission goals, demand is soaring for the critical materials required for the technologies leading the energy transition. Lithium may be the most well-known of these inputs due to its usage in batteries for vehicles and consumer electronics, but roughly 50 other minerals are…

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Historic $280 Billion Investment in Domestic Semiconductor Manufacturing and STEM Research and Development to Be Signed into Law

Recently, the U.S. Senate and House agreed to and passed the CHIPS Plus legislative package, which will provide $52.7 billion dollars in federal funding for U.S. Government agencies to distribute to U.S. semiconductor manufacturers to build new plants, increase manufacturing capacity, and support research and development. Click here to read…

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Real Estate & Construction News Round-Up (07/27/22)

Europe’s energy infrastructure struggles under record heat waves, Wall Street tightens commercial real estate lending, blockchain technology and NFTs (non-fungible tokens) continue to transform real estate ownership, and more. Banks are lending less and charging higher interest rates for commercial real estate property loans, restraining deal making and values. (Peter…

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Real Estate & Construction News Round-Up (06/15/22)

The U.S. Department of Energy (DOE) turns its focus to clean hydrogen hubs, key real estate players announce a new round of layoffs, Local Law 97 faces pushback in New York, and more. Key players in real estate, Redfin and Compass, announce a new round of layoffs after an abrupt…

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The G2G Mid-Year Roundup (2022)

Our mid-year roundup highlights the top-read Gravel2Gavel posts from 2022 so far. Our authors provided deep industry insights and summarized hot topics that addressed various legal implications and disruptions that affected the market, ranging from topics like investing in real estate metaverse to the clean hydrogen transition. Do Municipal Gas Bans…