1140 Sixth Avenue has windows running along its entire north side. By 2029, many of them will be looking at a 400-room hotel going up on the vacant lot next door at 1150 Sixth. For the tenants on the floors below the new building's height, the light and views they signed up for have an expiration date that wasn't in their lease. That's the lesson this month kept reinforcing for me: light and views are among the things companies value...

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October 6, 2026 - As the 2026 legislative session came to a close, California passed a wide-ranging assortment of privacy and artificial intelligence (AI)-related bills. In total, Governor Gavin Newsom signed over two dozen privacy and AI bills into law. The measures fall into six themes: Protecting Minors Online. California further cemented its position at the forefront of state minor safety regulation. New laws require high-privacy defaults for children, ban addictive features for users under 16, and require independent child...

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The European Commission and the European Investment Bank (EIB) Group launched today the European Institutional Investors Pact (EIIP) at the TechEU Equity Summit. The Pact is a new voluntary framework designed to channel more long-term institutional capital into Europe’s technology and scale-up ecosystem. Thirteen institutional investors have already expressed their intention to channel investments into Europe’s innovation and scale-up ecosystem, including through the €15 billion European Tech Champions Initiative (ETCI) 2.0 and the €5 billion Scaleup Europe Fund. President of the...

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Presidents Message: There is no respite from the turmoil currently affecting much of the USA in relation to property taxes. In an article with the title “The Property-Tax Temper Tantrum”, the author refers to a recent paper to which we have published a link on the IPTI website. The article states: “Everyone wants the government to pay for stuff. We need our Social Security, our Medicare, our police and fire protection, our elementary schools; heck, some would add universal...

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