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Due to COVID-19, L.A. Commercial Tenants Are Entering a ‘New Normal’

August 7, 2020
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COVID-19 property

Last April, we surveyed managers about their response to mandatory cleaning protocols and social distancing requirements due to the coronavirus pandemic. Now in the heart of summer, we inquired about a different set of concerns: changes in tenants’ habits, rental income and …

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Property Tax Relief Available for Civil Unrest Damages

August 5, 2020
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tax relief damages

According to the Los Angeles County Tax Assessor, you may be eligible for Misfortune or Calamity Property Tax relief if your property has been damaged by a natural disaster or other unforeseeable, sudden, and unusual occurrences. Filing a claim will temporarily reduce the assessed value of your property – and your property taxes. Granted, these values will remain in effect until …

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Governor Newsom Declines to Suspend Minimum Wage Increases

August 3, 2020
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minimum wage increases

Governor Gavin Newsom has declined to suspend the January 2021 increase for minimum wage. Consequently, the minimum wage is set to increase to $13/hr for companies with 25 or fewer employees and $14/hr for companies with 25 or more employees. While Governor Newsom’s actions certainly have good intentions, minimum wage increases will only add additional burdens …

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County and City Sustainability Plans Means Big Changes for CRE

July 31, 2020
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sustainability ourcounty

In the past two years, Los Angeles has become a leading example in regard to sustainability programs. In particular, the Los Angeles Board Supervisors passed the OurCounty Sustainability Plan last year, which includes significant initiatives that affect many industries. In the same fashion, Mayor Eric Garcetti and Los Angeles City …

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Policymaker Spotlight: Nury Martinez

July 29, 2020
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BOMA Greater Los Angeles is proud to support the new President of the Los Angeles City Council, Nury Martinez. She was elected unanimously by her fellow councilmembers, and she began her presidency on January 5, 2020. Since then, President Martinez has championed significant laws in response to homelessness …

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How to Maintain Proper Indoor Air Quality

July 27, 2020
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hvac

Certainly, building owners and managers know that indoor air quality is on the minds of tenants as their employees return to work. Though, there can be some barriers in ensuring that systems work efficiently in providing the most hygienic environment for tenants and customers. Fortunately, there is a wide range of public, non-profit, and for-profit organizations with excellent guides and tools …

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New Updates to LA County Eviction Moratorium Orders – Know Your Rights!

July 24, 2020
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evictions

The City and County of Los Angeles as well as other cities within Greater Los Angeles have enacted ordinances prohibiting evictions of commercial tenants who can demonstrate that their inability to pay rent is caused by the COVID-19 pandemic.  While these orders all tend to be similar in their intent …

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Rent Control to Be Considered on November 3 Ballot

July 22, 2020
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costa-hawkins prop. 21

Since 1995, the Costa-Hawkins Housing Act has limited rent control policies throughout California. In doing so, the law protected landlords and took steps in reducing housing shortages across the state. However, a November ballot initiative would overturn many of these protections.

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Election Spotlight: Al Austin, Long Beach District 8

July 20, 2020
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On March 3, 2020, Long Beach’s voters headed to the polls to vote for the new City Councilmember representing District 8. Incumbent Al Austin faced a serious challenger, Tunua Thrash-Ntuk. Thrash-Ntuk is the wife of City College Board Trustee Uduak-Joe Ntuk …

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What Will Public Transportation Look Like After COVID-19?

July 17, 2020
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public transportation

Even before social distancing was encouraged due to COVID-19, the LA County Metro busses were already facing severe declines in ridership. So, due to health concerns and changing commuter preferences, Metro will likely have many barriers to consider in the near future. Certainly, Metro will have to reimagine public transit …

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