Participate in BOMA/GLA’s Operating Benchmark Report Survey!
We have launched a new survey to gather information that will provide valuable insights for building owners and managers. The Operating Benchmark Report will show the average costs for running a commercial property in Greater LA.
The report is a comprehensive survey that covers a wide range of operating expenses, such as utilities, maintenance, insurance, and taxes.
It will provide invaluable data to property owners and managers. But only if you participate!
LA County to Appeal Rejection of Homelessness Settlement
Los Angeles County has announced that it will appeal a judge’s rejection of a settlement deal that would address the county’s homelessness problem.Read More
Mark Ridley-Thomas Found Guilty in Corruption Trial
Suspended Los Angeles Councilmember Mark Ridley-Thomas has been found guilty of federal corruption charges.Read More
LA City Councilman Mark Ridley-Thomas Federal Corruption Trial has Begun
Los Angeles City Councilman Mark Ridley-Thomas began his federal corruption trial last week. He was indicted in 2021 on charges of conspiracy, mail fraud, wire fraud, and bribery.Read More
Governor Newsom Releases 2023-2024 Budget Featuring $22.5 billion Deficit
After years of historic budget surpluses, California is preparing for a multi-billion-dollar budget deficit for 2023.
Earlier this week, Governor Newsom outlined budget cuts needed to tackle the $22.5 billion dollar deficit.Read More
What Does LA’s Homelessness Settlement Mean for our Homelessness Response?
Following months of disputes and uncertainty, the City of Los Angeles and homelessness advocates have finally reached a settlement that will require major investments into the homelessness crisis. This represents the culmination of extensive disputes over what the …Read More
Everytable Food Service Amenities Help Redefine the New Workplace Structure Post-Pandemic
The office experience is evolving. CEOs are looking at their employees’ work habits, considering how many days should be required in the office, if any. With an emphasis on maintaining corporate culture and team dynamics, business leaders are asking themselves: should collaboration happen in-person? Will we reserve focus work for home? And most importantly, what should a day at the office look and feel like, now?Read More
Pasadena’s Eviction Moratorium to be Lifted
At their April 11th meeting, the Pasadena City Council voted to begin the end of the city’s two-year-long eviction moratorium. The ordinance instructs the city attorney to prepare an ordinance that would sunset the city’s commercial and residential eviction moratoriums. The commercial eviction moratorium would …Read More
Business Leaders Convince State Officials to Table Trauma Kit Mandate for Property Owners
Last Thursday, California building owners and managers received good news regarding Senate Bill 687 (Hueso), a state bill that would have created numerous legal and financial issues. After months of deliberation with stakeholders, SB 687 was officially held on the Suspense …Read More
BOMA 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…Read More