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SB 789 Update: Vacancy Tax Dropped, Reporting Mandate Added 

May 14, 2025
Posted in ,
state legislative priorities

SB 789 no longer includes a vacancy tax but now requires commercial property owners to report vacancy data—introducing new compliance burdens that could significantly impact owners, managers, and tenants.

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LA City Council Set to Review $30 Minimum Wage for Tourism Workers 

May 13, 2025
Posted in ,
vacancy tax city hall

Despite concerns about potential negative economic impacts, the Los Angeles City Council voted late last year to direct the city attorney to draft an ordinance that would raise the minimum wage for airport and hotel workers to $30 per hour by 2028.

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BOMA/GLA Codes and Regulations Committee Hosts Successful Fire Life Safety Seminar 

May 12, 2025
Posted in ,

Thank you to everyone who joined us for an informative seminar on Fire Alarm Control Panel (FACP) upgrades, proudly planned and hosted by our Codes and Regulations Committee!

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Back in Action: Lithium-Ion Battery Safety Bill Gains Momentum in Congress

May 5, 2025
Posted in
American Rescue Plan

The Setting Consumer Standards for Lithium-Ion Batteries Act (H.R. 973) is back for another legislative session. It recently passed the U.S. House with a bipartisan majority vote.

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Hollywood/Wilshire Regional Council Showcases Entertainment Industry’s Role in Local CRE 

May 2, 2025
Posted in ,

The Hollywood/Wilshire Regional Council hosted a panel discussion on the importance of the entertainment industry for commercial real estate in the greater Hollywood area.

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BOMA/GLA Attends Revive 2025: BOMA Pacific Southwest Conference 

April 29, 2025
Posted in , ,

Last week, BOMA/GLA staff attended the Revive 2025 BOMA Pacific Southwest Conference, joining professionals from across the region for a day of learning, connection, and celebration.

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Preparing for System Upgrades: Join Us at BOMA’s Codes and Regulations Event 

April 28, 2025
Posted in ,

BOMA/GLA invites you to a can’t-miss Codes and Regulations event focused on one of the most critical aspects of building operations: Fire Life Safety System Upgrades. Specifically, fire alarm control panel replacements.

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Long Beach to Host 11 Olympic Events in 2028 – A Game Changer for the Region 

April 25, 2025
Posted in
police brutality reforms long beach

Long Beach will officially host 11 Olympic events in 2028—more than twice the number originally planned.

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Westside CRE Watch: From Santa Monica Self-Certification to SB 789

April 22, 2025
Posted in , ,

Over a dozen Westside Regional BOMA/GLA members gathered at Tishman Spyer’s Zo Lounge (special thanks to our friends Amal Higier and Frank Gaugler for the space) in beautiful Beverly Hills for a Happy Hour and information sharing session update on the state of commercial real estate on the westside.

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Mayor Bass Proposes Major Cuts to Close Budget Gap—CRE Industry Could Feel the Effects

April 21, 2025
Posted in , , , ,

Los Angeles is facing a nearly $1 billion budget deficit for the upcoming fiscal year, and Mayor Karen Bass is proposing 1,647 layoffs along with several department consolidations to close the gap.

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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 [email protected]. You can also find additional information about our policy positions on our website.