Posts by growthzone
Newsom Drops Attempt at Competing Retail Theft Measure
The 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.
Read MoreSB 1103 Heads to the Assembly Floor
State Senator Menjivar recently introduced a new bill that would add new requirements and limit security deposits for landlords renting to small businesses and non-profits. Effectively, this would impose a rent control policy for commercial real estate.
Read MoreTwo Adaptive Reuse Bills Pass California Assembly
Downtown Assemblymember Miguel Santiago has proposed two bills, Assembly Bill 2909 and Assembly Bill 2910, to make adaptive reuse projects easier.
With the changing nature of work post-pandemic, there is a need for building owners to have greater flexibility with the use of their buildings. Office utilization has changed at the same time our state is experiencing a housing crisis.
Read MoreJanitorial Bills Pass California Assembly
Two high-cost janitorial bills continue to advance through the legislative process, with both now in the Assembly Appropriations Committee.
Assembly Bill 2374 expands requirements for displaced janitors, and Assembly Bill 2364 imposes production rate limits.
Both bills represent new costs for an industry still reeling from market uncertainty.
The impact of the tentative labor agreement on the bills remains to be seen.
Mayor’s State of the City Highlights City’s Budget Woes
Mayor Karen Bass recently delivered her second State of the City speech, in which she discussed the budget shortfall and increasing crime rates.
Read MoreTPA Gets Supreme Court Hearing Date
The California Supreme Court has now set a hearing date of May 8th for oral arguments for and against the measure’s removal from the ballot.
It would be unprecedented for the court to remove TPA from the ballot, and we hope the court dismisses the request for its removal from the ballot. The state is arguing that the changes this ballot measure brings are too significant for just the voters to decide on.
Read MoreMeasure ULA Challenged in Federal Appeals Court
Newcastle Courtyards has just requested that the US Court of Appeals for the Ninth Circuit review and reverse the federal judge’s decision to dismiss this case. The reality is the ULA has been a tax impacting more than just “mansions” and is not meeting the promise sold to voters.
Read MoreBoard of Supervisors Pursue Streamlining Property Tax Appeals
At their April 9th meeting, the LA Board of Supervisors directed the agencies responsible for property tax assessments to find ways to streamline the process.
Current backlogs result in delayed refunds and corrected tax assessments for our members.
LADWP’s New Incentive Program
Understanding all the various energy efficiency requirements and incentives can be overwhelming. However, the Los Angeles Department of Water and Power’s Business Offerings for Sustainable Solutions (BOSS) program can support business growth, especially as regulations become stricter. This rebate enables a business to potentially recoup their entire investment.
Read MoreLA City Council Evaluate Changes in Police Oversight
LA City Council Evaluate Changes in Police Oversight Local Legislation The LA City Council is considering a charter amendment that will change how police discipline and oversight are applied. These changes could possibly improve community trust and department morale, which in turn could lead to a safer LA that can benefit businesses. However, any…
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