Weekly News Roundup for August 11, 2017

Here are some of the stories we’ve been following this week.

The Utah Attorney General is seeking nearly $2 million to cover the cost of damages and the cleanup of the Gold King Mine spill.
The proposed Trans Mountain Pipeline could be in jeopardy. Two Canadian officials are expected […]

Weekly News Roundup for July 14, 2017

These are some of the stories we’ve been following this week.

Construction is underway on the Vista Tower, which will be one of the largest buildings in Chicago once it is complete. The skyscraper will be built partially with funds secured through the EB-5 Immigrant Investor Program.
Senators from […]

Pipeline Updates: Dakota and Keystone

The Dakota Access Pipeline and the Keystone XL Pipeline have both faced numerous hurdles in recent years as they moved toward completion. And while both have received renewed support since the November elections, neither pipeline has a smooth path ahead of it.

Dakota Access Pipeline

Constant protests along a portion of […]

Weekly News Roundup for April 28, 2017

These are some of the stories we’ve been following this week.

• Norway’s sovereign wealth fund is well below its risk limit. The $940 billion fund is the largest sovereign wealth fund in the world.

• Property values in Milwaukee, Wisconsin are up from last year by 4.5 percent. Property values […]

Weekly News Roundup for April 21, 2017

These are some of the stories we’ve been following this week.

Lawmakers continue to work on the details of extending the EB-5 Immigrant Investor Program as the April 28 deadline draws closer. The program will end unless Congress decided to re-authorize it.

The Keystone XL Pipeline is back on […]

Weekly News Roundup for March 24, 2017

These are some of the stories we’ve been following this week.

A bill by Alaskan lawmakers that would make it easier to transfer contaminated properties is gaining traction in the Senate. The state is one of only seven in the country without an environmental covenant law.

Ann Arbor has […]

Weekly News Roundup for February 17, 2017

These are some of the stories we’ve been following this week.

Illinois reached a settlement agreement with BNSF Railway Company over the 2015 train derailment near Galena, Illinois. The railroad company will pay $50,000 in civil penalties, in addition to the more than $10.5 million spent on cleaning up […]

Weekly News Roundup for February 10, 2017

These are some of the stories we’ve been following this week.

A bill to ban hydraulic fracturing operations in Maryland is expected to be introduced in the state legislature. The bill has more than 50 co-sponsors.

Researchers with the University of Alberta released a study linking stronger earthquakes in […]

Weekly News Roundup for January 20, 2017

These are some of the stories we’ve been following this week.

An oil spill off the coast of Turkey is nearly cleaned up, and a commission was set up to investigate why a tanker that was docked began leaking fuel.

It’s been nine years, and now the ecosystem affected […]

Weekly News Roundup for December 30, 2016

These are some of the stories we’ve been following this week.

Noise from oil and gas operations such as hydraulic fracturing may increase the risk of health issues, according to a new study.

Doctors at a new children’s hospital do not believe officials are doing enough to address concerns […]

Weekly News Roundup for October 14, 2016

These are some of the stories we’ve been following this week.

Senator Ed Markey (D-MA) wants to remediate schools across the country to rid them of polychlorinated biphenyls (PCBs).

Last year more than half of the coal ash produced by power plants was recycled. In 2015, 61.1 million tons […]

Weekly News Roundup for September 23, 2016

These are some of the stories we’ve been following this week.

Residents in Bethpage, New York filed a $500 million class-action lawsuit against Northrop Grumman Corp, alleging the company exposed them to contaminants that included arsenic and cadmium.

The Obama administration delayed final approval of the Dakota Access pipeline. […]

Weekly News Roundup for August 19, 2016

These are some of the stories we’ve been following this week.

The Navajo Nation sued the federal Environmental Protection Agency (EPA) over last year’s Gold King Mine spill that sent millions of gallons of contaminated water into the Animas River.

Norway’s wealth fund downgraded the value of its United […]

Weekly News Roundup for August 5, 2016

These are some of the stories we’ve been following this week.

Oil trains are being utilized less this year. In the first five months of 2016, crude oil train transport is down 45 percent from last year.

Property values in central London are falling at the fastest rates in […]

Weekly News Roundup for March 4, 2016

These are some of the stories we’ve been following this week.

A study conducted by Integra Realty Resources for the Interstate Natural Gas Association of America (INGAA) Foundation found that natural gas pipelines didn’t affect property values or insurability in the locations studied.

A Superior Court Judge upheld a Georgia transportation […]

Weekly News Roundup for February 12, 2016

These are some of the stories we’ve been following this week.

During her testimony before the Senate Banking Committee, Federal Reserve Chair Janet Yellen said that although the Fed hasn’t ruled out a March rate increase, it might wait to act. The Fed is also investigating the viability of implementing […]

Weekly News Roundup for January 22, 2016

These are some of the stories we’ve been following this week.

This three-dimensional map of the methane levels around Porter Ranch, California gives a new perspective on the extent of the leak.

Class action lawsuits continue to be filed in the wake of the water contamination crisis in Flint, Michigan.

The California […]

Weekly News Roundup for December 4, 2015

These are some of the stories we’ve been following this week.

There has been another major setback for Newhall Ranch, a proposed master-planned community on almost 12,000 acres along the Santa Clara River in Los Angeles County. The California Supreme Court rejected the project’s environmental impact report.

An Illinois pipeline is closer […]

Weekly News Roundup for October 23, 2015

These are some of the stories we’ve been following this week.

Global investment in commercial real estate reached $407 billion in the first half of 2015, its highest level since 2007. New York City accounted for almost 10% ($40.1 billion) of that global investment, followed by London ($19.4 billion) and Los Angeles ($19.3 billion).

The Blackstone […]

Weekly News Roundup for October 2, 2015

These are some of the stories we’ve been following this week.

The Keystone XL pipeline developer is dropping its eminent domain claims in court and is instead reapplying for state approval of its route through the Nebraska Public Service Commission.

A construction defects law is causing a shortened supply of new […]

Weekly News Roundup for September 18, 2015

These are some of the stories we’ve been following this week.

Evaluating schools and teachers with “value-added” measures and publicly releasing the results doesn’t affect the property values of nearby homes, according to a new study published in the Journal of Urban Economics.

The Ferguson Commission released its report commissioned by […]

Weekly News Roundup for September 4, 2015

These are some of the stories we’ve been following this week.

While the Chinese economic crisis has made U.S. stock investors nervous, it is unlikely to pose a serious risk to the overall U.S. economy. It is, however, having mixed effects on American small businesses.

After a federal district court granted […]

Weekly News Roundup for July 31, 2015

These are some of the stories we’ve been following this week.

The U.S. Environmental Protection Agency (EPA) announced three grants worth a total of $600,000 to two Philadelphia development authorities for the assessment and redevelopment of brownfield sites. Nationally, 147 communities received 243 grants totaling $54.3 million in 2015 for the […]

Weekly News Roundup for May 29, 2015

Here are some of the stories we’ve been following this week.

Acclaimed mathematician and economist John Nash died. Nash was particularly well known for his contributions to game theory.

The Brownfield Cleanup Program has been critical in promoting the growth and revitalization of Buffalo, New York, and the new state budget […]

Battle Over the Keystone XL Pipeline Fought on Two Fronts

It’s been a mix of good news and bad news for Keystone XL Pipeline supporters. On January 29, 2015, the U.S. Senate approved S.1, the Keystone XL Pipeline Approval Act, by a 62-36 vote. On February 11, the House of Representatives voted 270 to 152 to approve the act, […]

An Eminent Domain Case Affecting a Trophy Property, Part 2

As discussed in my previous post, a few years ago, a sanitation district used eminent domain to construct a large sewer pipe across the length of a property belonging to one of our clients. During an eminent domain action, the government entity acquiring the property must compensate the landowner for […]

An Eminent Domain Case Affecting a Trophy Property, Part 1

A few years ago, a sanitation district used eminent domain to construct a large sewer pipe across the length of a property belonging to one of our clients. Eminent domain is the right of government to take private property for public use after paying the owner just compensation. The […]

The Keystone XL Pipeline: Pros and Cons from an Economic and Appraisal Perspective

The proposed TransCanada Keystone XL Pipeline, which would carry oil from Canada to Texas, comes with many dynamic implications. We will be reviewing the potential positive and negative effects of the pipeline from both an economic and appraisal perspective.
From an economic perspective, the pipeline is seen positively because it […]

Review of Eminent Domain Appraisals

Much is written about real estate appraisal methodology, and attorneys who represent clients in Eminent Domain actions are usually fairly familiar with the process. The real problem, of course, is dealing with the “other side’s” appraisal—usually the one proffered by the taking agency. Attorneys and appraisers alike have little […]