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A Look at the Cost of Living in Los Angeles

September 16, 2020
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California stands out in the US as a highly desirable place to live. However, the cost of living is anything but desirable.
In 2019, Los Angeles was voted by the Economic Intelligence Unit to be the tenth most expensive city to live in. Five years before the city was tied with New York City for 39th. California’s growth is producing higher wages and new industries, but those opportunities come with a hefty price tag.

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LAUSD School District Board Places Bond Proposal on November 2020 Ballot

September 15, 2020
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LAUSD School Bond

In November, voters will decide a $7 billion bond measure to pay for continued modernization projects in the Los Angeles Unified School District. The measure proposes to use general obligation bonds to build new classrooms, and repair and improve existing classrooms to meet the technology needs of students. It would not increase property taxes but continue the existing tax rate …

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Proposition 15 Lacks Government Transparency And Accountability

September 11, 2020
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transparency and accountability

As we’ve highlighted on our site, Proposition 15 will do much to hurt businesses and families across California. With that being said, more attention should be focused on how Proposition 15 will not do much to help schools and classrooms. In fact, while special interests are using Proposition 15 in the name of school improvement, it will mainly prioritize administrative costs …

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Proposition 15 Will Raise Your Utility Bill And Hurt California’s Renewable Energy Goals

September 4, 2020
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Proposition 15 Split Roll

Californians are no stranger to high monthly utility bills. With our infamous hot and dry summer days, we depend on air conditioning to keep cool during our long summer season. Without a doubt, these hot weather conditions add much to our monthly expenses and contribute heavily to climate change. Surprisingly, if voters approve Proposition 15 …

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The Future of Shared Workspaces: Unventured, But Promising Investments

August 31, 2020
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Shared Workspace Future

Over the past two years, the future of shared workspaces seemed dark and at a dead end. With demand for coworking space at an all-time low and with COVID-19 creating a transition to remote working, it felt like major companies like WeWork were quickly losing relevance. However, recent events prove that the shared workspace industry is still alive, and has so much potential for innovation and growth.

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City of LA and Metro Open New Bus and Bike Lanes on Major DTLA Streets

August 26, 2020
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Bus Lanes

Since the start of the COVID-19 pandemic, city officials have been looking at ways to re-think their approach to public transportation platforms. Now, dedicated bus lanes and bike lanes have officially opened in Downtown Los Angeles. To be sure, these lanes seek to prioritize the public right of way over private transportation.

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Policymaker Spotlight: Stacy Mungo

August 24, 2020
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Stacy Mungo

For the Spotlight Series, BOMA/GLA would like to highlight the incredible work done by Long Beach Councilwoman Stacy Mungo. Currently serving the 5th District, Councilwoman Mungo has pursued many unprecedented initiatives to advance the prospects of her district.

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Tell Your Tenants: Proposition 15 will Raise their Rent

August 21, 2020
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Proposition 15 Hurts Small Businesses

Amid an unprecedented economic crisis, special interests are pushing Proposition 15 on the November 2020 statewide ballot that will undo Proposition 13’s property tax protections. In short, this will be the largest property tax increase in California history. However, most relevant to the commercial real estate industry is Prop. 15’s impact on commercial tenants throughout California …

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L.A. Expands Online Permitting For Building Development Projects, May Open Public Counter Operations

August 14, 2020
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E-Plan LA

During the COVID-19 pandemic, the LA Department of Building and Safety has made sure to adapt to critical health guidelines whilst offering necessary city programs. Notably, the Department has expanded its online and telephone services to include …

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Garcetti to Lead the Climate Mayors Initiative, Bold Sustainability Changes Coming to CRE

August 12, 2020
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Climate Mayors sustainability

Boasting over 450 signatures, Climate Mayors (LINK) is a bold network of U.S. mayors with the goal of mitigating climate change. Through close contact, this collaborative group seeks to create innovative sustainability initiatives across many U.S. urban cities. In fact …

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