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Guest Author We’re excited to announce that the 2024 Operating Benchmark Report is now available! For the second year in a row, taxes and insurance are the top building expenses.  What You Need to Know This comprehensive report covers a wide range of operating expenses, including utilities, maintenance, insurance, and taxes, providing members with valuable…
Continue ReadingGuest Author Los Angeles city officials have recommended fast-tracking the Los Angeles Convention Center expansion to be completed before the 2028 Summer Olympics. What You Need to Know The $1.4 billion project, initially reconsidered due to budget cuts in 2023, is now back on track with a design-build delivery model to streamline the process. The…
Continue ReadingGuest Author The Los Angeles Metro board has unanimously voted to create its own transit law enforcement agency. What You Need to Know This unanimous vote marks a shift in how Metro aims to protect Los Angeles County’s public transit riders and employees. It has previously spent years relying on contracted services from the Los…
Continue ReadingGuest Author Assembly Bill 2433 would have helped speed up the plan check process for many projects. After passing the Assembly, the bill was held in the Senate Local Government Committee before being withdrawn by the author. How It Impacts You If passed as written out of the Assembly, it would have significant positive impacts…
Continue ReadingGuest Author Californians will face 10 statewide propositions on the November 2024 ballot. The propositions cover topics from education and climate change to criminal justice reform and rent control. Other proposed ballot measures either did not secure enough signatures or were removed through negotiation or court order. What remains will still have an impact…
Continue ReadingGuest Author The Los Angeles County Board of Supervisors has approved creating an ordinance, that if approved by voters it would increase the number of supervisors from five to nine. Each supervisor currently represents about 2 million people. The expansion would reduce this to about 1 million per district. What You Need to Know …
Continue ReadingThe Los Angeles County Board of Supervisors has unanimously passed a motion to analyze commercial rents in the county.
Its motion would also explore new regulations for those who lease to small businesses and non-profits.
This motion is a first step toward more interference in commercial leasing. And it will further burden an industry that is still trying to recover.
Guest Author We wanted to provide you with an update on the fate of BOMA California’s Top 8 priority bills. Keep in mind that the legislature is in summer recess and upon return more bills fate will be decided. What You Need to Know Bills Supporting Business Growth: AB 2433 Tackles the long wait times…
Continue ReadingGuest Author Governor Gavin Newsom has just signed Assembly Bill 2288 and Senate Bill 92. This reform to the Private Attorneys General Act (PAGA) affects how California labor code violations are addressed. The law is a compromise reached between labor, the legislature, and business organizations looking to strike a balance between reasonable work protections and…
Continue ReadingThe BOMA/GLA Board of Directors recently endorsed the Homelessness, Drug Addiction, and Theft Reduction Act.
Addressing retail theft and drug addiction is important to restoring a sense of safety around our buildings and in our communities.
Continue ReadingOpinions expressed in this article are those of the author and do not necessarily represent the positions of BOMA Greater Los Angeles. For media inquiries and questions about BOMA/GLA's policy positions, please email [email protected]. You can also find additional information about our policy positions on our website.