Covid-19
California’s New Annual Budget Shows Promise for CRE
After almost two years of economic shutdowns, California State Budget is healthy and generating historic surpluses. Governor Newsom released his proposed budget for 2022-2023 on Monday and the Department of Finance followed up with a summary on everything included. California now has …
Read MoreICYMI: Amid Another Statewide Order, LA County Requires Workers to Wear Medical Grade Masks
Following a notable surge in COVID-19 cases and the spread of the highly infectious Omicron variant, LA County moved to require a stricter mask mandate for all county employees. This is in tandem with California’s decision to extend its own statewide mask mandate for indoor …
Read MoreDespite Post Holiday Surge, LA County Remains Hopeful Against Omicron
Following the holiday season, LA County public health officials are experiencing some worries over the resurgence of COVID-19 transmissions, particularly the Omicron variant. Notably, in Los Angeles, the COVID-19 case count has more than doubled since Christmas …
Read MoreIn Response to Possible Holiday COVID-19 Surge, California Instates Statewide Mask Mandate
With COVID-19 cases rising through the holiday season, and as the new Omicron variant emerges in California and Los Angeles County, the Newsom administration moved quickly to implement new mask rules to curb COVID-19 transmissions. The mask mandate, which will apply to …
Read MoreFederal OSHA Announces New Employer Vaccination Requirements
After President Biden announced in September new measures to encourage Americans to get vaccinated, the U.S. Department of Labor’s Occupational Safety and Health Administration released a new set of vaccination requirements for employers and their employees. Notably, the new orders are expected to impact over 84 million …
Read MoreBOMA International Releases Guide to Vaccine Mandates
As the City and County of Los Angeles are pursuing sweeping vaccine mandates for businesses and individuals, questions are being circulated as to whether or not governments have the authority to enforce these strict provisions. Although vaccines are an incredibly …
Read MorePost Labor Day Survey – Are Tenants Returning?
Post Labor Day Survey – Are Tenants Returning? Covid-19, Market Trends Recently, BOMA/GLA surveyed a select number of members asking whether tenants have returned and what their plans are. Many managers had expected tenants to return after Labor Day, so our results are a snapshot of what’s happening now around the region. While the results…
Read MorePresident Biden Announces Sweeping COVID-19 Vaccine Mandate – Will Affect Over 100 Million Americans
On Thursday, President Joe Biden revealed a new vaccine mandate aimed at reducing COVID-19 positivity rates throughout the country, and is expected to impact over 100 million Americans. The vaccine mandate requires all employers with more than …
Read MoreFDA Officially Approves Pfizer COVID-19 Vaccine – What It Means for Vaccine Mandates
On Monday, the Federal Drug Administration (FDA) announced that it officially approved the Pfizer-BioNTech COVID-19 – a groundbreaking development that will improve vaccination rates throughout the Los Angeles. This comes at a time when …
Read MoreBOMA International Releases Guide to COVID-19 Tenant Relief Programs
BOMA International Releases Guide to COVID-19 Tenant Relief Programs Covid-19, Legal With federal officials creating trillions in aid to support businesses recovering from COVID-19, BOMA International has developed an important guide for commercial real estate owners that outlines the loan and grant programs available to tenant businesses. While many tenants in office buildings have continued…
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