Posts by Advocacy Staff
Essential Earthquake Safety Strategies for Property Managers
The recent South Pasadena earthquake highlights Southern California’s ongoing seismic risk. It’s essential to understand these risks and take proactive steps to protect your properties and tenants. Read this guide for more information.
Read MoreMayor Karen Bass Accepts the Olympic Flag
Mayor Karen Bass accepted the Olympic flag at the Paris closing ceremony. This “passing of the torch” signifies LA is ready to take on the Olympics and Mayor Bass explains how.
Read MoreRevitalizing Downtowns and the Impact on Commercial Real Estate
The Revitalizing Downtowns and Main Streets Act (RDMA), introduced by Representatives Jimmy Gomez (CA-34) and Mike Carey (OH-15), aims to solve two problems: empty commercial spaces and the housing shortage.
Read MoreLearning About the Importance of Property Technology
Last week BOMA/GLA hosted a Property Technology seminar titled “Future-Proofing Your Property: Budgeting for PropTech Advancements in 2025 and Beyond.” The turnout was fantastic, with CRE professionals engaging in lively discussions about the challenges and opportunities in property technology.
Read More2024 Operating Benchmark Report is Now Available
We’re excited to announce that the 2024 Operating Benchmark Report is now available! For the second year in a row, taxes and insurance are the top building expenses.
Read MoreLA Convention Center Expansion Aims to Transform City Ahead of Olympics
Los Angeles city officials have recommended fast-tracking the Los Angeles Convention Center expansion to be completed before the 2028 Summer Olympics.
Read MoreMetro Creates Its Own Law Enforcement Agency
The Los Angeles Metro board has unanimously voted to create its own transit law enforcement agency.
Read MoreCalifornia Voters to Decide on Ten Statewide Measures
Californians will face 10 statewide propositions on the November 2024 ballot. The propositions cover topics from education and climate change to criminal justice reform and rent control. Other proposed ballot measures either did not secure enough signatures or were removed through negotiation or court order. What remains will still have an impact on our industry and beyond.
Read MorePotential Expansion of LA County Board of Supervisors
The Los Angeles County Board of Supervisors has approved creating an ordinance, that if approved by voters it would increase the number of supervisors from five to nine. Each supervisor currently represents about 2 million people. The expansion would reduce this to about 1 million per district.
Read MoreNavigate the Reformed Private Attorneys General Act
Governor Gavin Newsom has just signed Assembly Bill 2288 and Senate Bill 92. This reform to the Private Attorneys General Act (PAGA) affects how California labor code violations are addressed.
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