Posts Tagged ‘city of los angeles’
BOMA/GLA PAC Kicks Off the Year With LA City Council Candidate Interviews
BOMA/GLA’s Political Action Committee (PAC) is starting the year by interviewing candidates running for the Los Angeles City Council—early in the election cycle, when conversations can still shape priorities. These interviews help ensure decision-makers understand how their policies affect commercial real estate, jobs, and the economic health of Los Angeles.
Read MoreCity of LA Parking Occupancy Tax Proposal: Latest Updates
Los Angeles is moving quickly on new tax proposals that could significantly impact how commercial buildings operate. We urge members to stay engaged on these tax proposals and support our advocacy efforts to oppose them.
Read MoreWhat Measure ULA’s $1B Milestone Means for Property Owners and Managers
Measure ULA has officially passed $1 billion in revenue. This milestone renews concerns about reduced deal activity, higher transaction costs, and slowed reinvestment. As debate over exemptions, legal challenges, and a possible 2026 ballot measure continues, the impacts of ULA remain highly relevant to our members.
Read MoreLA Expands Adaptive Reuse Ordinance Beyond High-Density Hubs
Los Angeles is making it easier for developers to convert vacant office buildings into housing citywide. This expansion of the adaptive reuse ordinance could reshape the commercial real estate landscape, creating both new opportunities and considerations for property owners and managers.
Read MoreProposed Parking and Vacancy Taxes Spark Concern in Commercial Real Estate
Los Angeles City Council is moving quickly on two major tax proposals that could have significant consequences for commercial properties: a Parking Occupancy Tax (POT) increase and a new Vacancy Tax.
Read MoreCity Hall Divided Over LAPD Hiring and Fiscal Oversight
Los Angeles is facing renewed tension between the Mayor and City Council after reports revealed that the Los Angeles Police Department (LAPD) is hiring more officers than its budget allows. The debate underscores a critical question for policymakers — how to maintain public safety while respecting the City’s fiscal and governance processes.
Read MoreWildfire Response and CRE: How LAFD Changes Could Affect YouÂ
A new city review of the Los Angeles Fire Department (LAFD) identified areas for improvement in staffing, communication, and wildfire preparedness during the Palisades Fire. The findings could help guide future emergency response planning and support stronger coordination with building owners and managers citywide.
Read MoreHollywood 4WRD to Host Panel on Measure ULA’s ImpactÂ
The nonprofit Hollywood 4WRD is hosting a discussion on Measure ULA and its effect on Los Angeles housing and development. Given ongoing concerns about how this tax discourages investment, delays transactions, and hinders development across Los Angeles, this discussion is especially relevant for our members.
Read MoreLos Angeles City Council Advances Olympic Zoning ExemptionsÂ
The Los Angeles City Council has unanimously voted to move forward with a new Olympic/Paralympic Zoning Exemption Ordinance designed to expedite projects for the 2028 Games. This measure could temporarily ease zoning restrictions for facilities, infrastructure, and public spaces—affecting areas where many commercial properties and operations are located.
Read MoreBOMA/GLA Advocates Across LA City Council to Advance CRE PrioritiesÂ
This year, BOMA/GLA has met with every Los Angeles City Council office to ensure the priorities of the commercial real estate industry are understood and considered. Our advocacy focuses on public safety, homelessness, and economic development—issues that affect daily operations, tenant satisfaction, and the overall vitality of Los Angeles business districts.
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