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Hollywood 4WRD to Host Panel on Measure ULA’s Impact 

The nonprofit Hollywood 4WRD is hosting a discussion on Measure ULA and its effect on Los Angeles housing and development. Given ongoing concerns about how this tax discourages investment, delays transactions, and hinders development across Los Angeles, this discussion is especially relevant for our members.

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What West Hollywood’s Vacancy Audit Could Mean for Commercial Real Estate 

West Hollywood is moving forward with an audit of vacant residential and commercial units to better understand why certain spaces remain empty. For commercial real estate professionals, this effort could shape future policies that impact how vacancies are tracked, reported, and potentially regulated.

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West Hollywood Set to Join Other California Cities Updating Zoning for EV Charging 

electric charging stations

As California cities move toward zero-emission transportation, West Hollywood is updating its land use rules for commercial areas. The West Hollywood City Council is set to vote on a new rule allowing EV charging sites and stations as a main use in certain commercial areas.

This change could create new opportunities for property owners and managers to update or better use their spaces.

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Hollywood 2.0’s Role in Revitalizing CRE and Supporting Local Businesses 

housing

Hollywood 2.0 (H2.0), a local mental health pilot program, has released its third annual report. With expanded housing, stronger partnerships, and improved services for people in need, the program is making a growing impact in the community. It’s also helping to create a safer, more stable environment for the CRE industry in Hollywood.

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The Latest Updates on the Hollywood and Hotel Strikes

Southern California has seen labor unrest in various prominent industries this summer. From Hollywood to hotels, workers have been on strike trying to reach a fair deal in their respective industries.

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Hollywood/Wilshire Election Update

Proposition 15

Hollywood/Wilshire had a busy election night, with important LA City Council Races coupled with the race for LA Mayor. Unfortunately, subsequent ballot updates show a poor outcome for some of our supported regional candidates.

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No New West Hollywood Vacancy Tax for Now

vacancy taxes

In a victory for property owners, West Hollywood will not be placing a vacancy tax measure on the November 2022 ballot. Instead, in a 3-2 vote on June 6th, the West Hollywood City Council decided to move the discussion of the ballot measure to March 2023.

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BOMA at the Bowl Supports Our Advocacy Year-Round

This week, BOMA/GLA members are heading to Sacramento with us to do something important: tell lawmakers directly what California’s policies mean for the people who own, manage, and operate commercial buildings.

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