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L.A. Filming Declines, But State Investments Aim to Revive Production 

state legislative priorities

FilmLA reports that on-location filming in Los Angeles County dropped 13.2% from July through September compared to the same period last year. This slowdown matters for local property managers and service providers, as fewer productions can mean fewer site rentals, parking agreements, and vendor contracts. State leaders hope that California’s expanded $750 million film and TV tax credit program will help turn things around and bring more production back to the region.

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Los Angeles City Council Advances Olympic Zoning Exemptions 

The Los Angeles City Council has unanimously voted to move forward with a new Olympic/Paralympic Zoning Exemption Ordinance designed to expedite projects for the 2028 Games. This measure could temporarily ease zoning restrictions for facilities, infrastructure, and public spaces—affecting areas where many commercial properties and operations are located.

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BOMA/GLA Advocates Across LA City Council to Advance CRE Priorities 

rent freeze

This year, BOMA/GLA has met with every Los Angeles City Council office to ensure the priorities of the commercial real estate industry are understood and considered. Our advocacy focuses on public safety, homelessness, and economic development—issues that affect daily operations, tenant satisfaction, and the overall vitality of Los Angeles business districts.

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Governor Newsom Passes AI Safety Law  

California Governor Gavin Newsom signed Senate Bill 53, making California the first state to require major AI companies, like OpenAI, to share safety plans, report serious issues, and protect whistleblowers. Although aimed at big tech, the law signals how future AI rules could affect industries like commercial real estate, where AI tools are already being integrated into building operations.

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