Glendale is developing new building electrification, and electric vehicle (EV) reach codes. The new regulations would impact new building construction effective January 1st, 2023.
The city staff is soliciting feedback on the proposed codes now. City council action is anticipated later this fall.
Last week, BOMA/GLA joined other commercial real estate groups to participate in CBPA’s California Commercial Real Estate Summit. It was a chance to speak to lawmakers in Sacramento about bills affecting our industry.Read More
The Pasadena City Council voted to adopt its building electrification ordinance this month. The new code matches the policy outline approved by the council this past June.
Therefore, with some exceptions, new construction will not have natural gas hookups. As a result, new buildings in the city will only use electric appliances and devices.
A bill that would target warehouse and logistic centers has passed the California State Assembly and will soon be considered by the State Senate. In short, this bill (Assembly Bill 2840) would ban many new warehouse/logistics facilities in Southern California…Read More
Santa Monica voters should expect a Real Estate Transfer Tax initiative on their ballots this fall. If passed, it would raise the transfer tax rate from 0.6% to 5.6% for properties transferred at $8 million or more.
This tax will significantly impact both commercial and residential properties and their tenants.
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.Read More
After the City Council approved Los Angeles’ budget for the 2021-2022 fiscal year, Mayor Eric Garcetti Wednesday officially signed the budget into law, setting the City on a course towards recovery after a period of fiscal …Read More
Los Angeles Mayor Eric Garcetti, who was selected by President Joe Biden as envoy to India, is finally expected to undergo nomination by the U.S. Senate. Concerning Los Angeles, this situation raises uncertainty about who would lead the city for the remainder of the year. This comes after Senator Chuck Grassley stated that he would …Read More