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BOMA Advances Key Policy Priorities on Capitol Hill

February 18, 2022
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BOMA

At this year’s National Issues Conference, BOMA advocates from across the country met with dozens of members of congress to discuss issues impacting the commercial real estate industry. The 2022 policy priorities advanced on Capitol Hill were BOMA International’s …

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New Real Estate Transfer Tax is Another Misguided Response to the Homelessness Crisis

February 15, 2022
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housing

Among one of the most high-profile election cycles in recent memory, voters could also take up a controversial tax hike, which could cost property owners upwards of $8 billion. The tax would add another real estate transfer tax …

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Best Practices in Elevator Maintenance

February 14, 2022
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elevator maintenance

Elevator maintenance is an essential function of effective building management. Malfunctioning elevators are one of the last scenarios any building management professional wants to have on their plate. Not only do elevator issues pose potential safety risks to tenants and their guests, they may also adversely affect your building’s overall desirability. Fortunately, you don’t have to…

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Los Angeles Sees Notable Spikes in Crime

February 11, 2022
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LA crime spike

As Los Angeles prepares to enter the stages of a post-COVID economy, with governments beginning to pandemic lift restrictions, local police agencies have emphasized the importance of maintaining a strong public safety apparatus amid worrying crime stats. According to data from the County of Los Angeles …

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After LA County Ends its Commercial Eviction Moratorium, LA City Moves in the Opposite Direction

February 4, 2022
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businesses rent relief

Following two years of orders, the Los Angeles County Board of Supervisors moved to end the eviction moratorium on commercial tenants. This was a huge victory for commercial landlords and businesses that have endured economic hardships amid these moratorium orders. After commercial landlords originally struggled through the commercial eviction moratorium with no end in sight, the commercial eviction moratorium officially expired on …

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After Avoiding a Recall Election, Councilmember Mike Bonin to Not Seek Re-Election

February 1, 2022
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Over the past year, frustrations related to the pandemic, the economy, and other social issues have led to the development of various recall efforts – many of which have impacted several offices in Los Angeles. Councilmember Mike Bonin is the latest of public officials to have been …

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After RecycLA Rate Increases During Pandemic, LA Considers Payment Deferments

January 25, 2022
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RecycLA

Implemented in 2017, RecycLA was introduced as a new program to manage waste and recycling services. Through a public-private partnership between the City and 7 service providers, RecycLA services 11 areas and 64,828 customers throughout Los Angeles. Although RecycLA has helped steer the City into …

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How to Keep Up Amid Industry Change

January 24, 2022
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industry trends

In the fast-evolving commercial real estate industry, staying current on the latest trends and issues impacting your business is no easy feat—especially in these unprecedented times. With so many pandemic-accelerated changes on the horizon, how can today’s property professionals keep up with …

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California’s New Annual Budget Shows Promise for CRE

January 21, 2022
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governor budget

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 …

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Receiving a Quality Commercial Paint Job with Lasting Performance

January 17, 2022
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High-rise projects can encompass everything from apartments and condominiums to office buildings and industrial structures. They are like other residential or commercial projects, except that much of the work is performed well above ground.

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Opinions expressed in this article are those of the author and do not necessarily represent the positions of BOMA Greater Los Angeles. For media inquiries and questions about BOMA/GLA's policy positions, please email advocacy@bomagla.org. You can also find additional information about our policy positions on our website.