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Westside Election Update

BOMA/GLA found some success in the direction of Westside region’s city council races. However, ballot measures that will raise real estate transfer tax rates appear likely to pass.

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New Santa Monica Zero Emissions Building Code

Solar power grids that OurCounty will pursue

Santa Monica is developing a Zero Emissions Building (ZEB) Code for 2023. The new code will eliminate natural gas options for all new buildings in the city, with limited exceptions.
Santa Monica joins a growing list of jurisdictions pushing building electrification and decarbonization codes.

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Nury Martinez Resigns from LA City Council

LA City Hall

Nury Martinez resigned from the Los Angeles City Council this week after a recording of her making racist and offensive remarks became public.
Other individuals heard encouraging and making offensive remarks included City Councilmembers Gil Cedillo and Kevin de Leon and LA County Federation of Labor Federation President Ron Herrera.
And while Ron Herrera has also resigned, Kevin de Leon and Gil Cedillo have not. The two even arrived at City Hall on Tuesday as though it was going to be business as usual.Other individuals heard encouraging and making offensive remarks included City Councilmembers Gil Cedillo and Kevin de Leon and LA County Federation of Labor Federation President Ron Herrera.

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Building Electrification Proposal Coming to Culver City

Culver City

Culver City is proposing a building electrification policy for new construction. All new buildings in the city could only be built with electric appliances.
With recent headlines about grid reliability in the state, the new drive to electrification is raising concerns about unintended consequences.

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Public Safety Concerns Drive Starbucks Closures

Closed Sign

Public Safety Concerns Drive Starbucks Closures Community, Homelessness, Public Safety Starbucks announced it would close six stores in Los Angeles due to concerns about employee safety. Concerns such as drug use, crime, and a rising mental health crisis contributed to the closures. Unable to mitigate these issues alone, Starbucks will “open new locations with safer…

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New Santa Monica Real Estate Tax Initiative

Real Estate Sale

Santa Monica voters should expect a Real Estate Transfer Tax initiative on their ballots this fall. If passed, it would raise the transfer tax rate from 0.6% to 5.6% for properties transferred at $8 million or more.
This tax will significantly impact both commercial and residential properties and their tenants.

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