Posts by growthzone
BOMA Releases New Guide on COVID Prevention and IAQ
This month, BOMA International released a new policy brief, “COVID Prevention and Implications for Indoor Air Quality and Energy Usage.” This is the latest addition to BOMA’s series of COVID-19 resources and guidance documents, and it addresses …
Read MoreBOMA Advances Key Policy Priorities on Capitol Hill
At this year’s National Issues Conference, BOMA advocates from across the country met with dozens of members of congress to discuss issues impacting the commercial real estate industry. The 2022 policy priorities advanced on Capitol Hill were BOMA International’s …
Read MoreNew Real Estate Transfer Tax is Another Misguided Response to the Homelessness Crisis
Among one of the most high-profile election cycles in recent memory, voters could also take up a controversial tax hike, which could cost property owners upwards of $8 billion. The tax would add another real estate transfer tax …
Read MoreBest Practices in Elevator Maintenance
Best Practices in Elevator Maintenance Building Services, Electrical/Mechanical, Elevator Elevator maintenance is an essential function of effective building management. Malfunctioning elevators are one of the last scenarios any building management professional wants to have on their plate. Not only do elevator issues pose potential safety risks to tenants and their guests, they may also adversely affect…
Read MoreLos Angeles Sees Notable Spikes in Crime
As Los Angeles prepares to enter the stages of a post-COVID economy, with governments beginning to pandemic lift restrictions, local police agencies have emphasized the importance of maintaining a strong public safety apparatus amid worrying crime stats. According to data from the County of Los Angeles …
Read MoreAfter LA County Ends its Commercial Eviction Moratorium, LA City Moves in the Opposite Direction
Following two years of orders, the Los Angeles County Board of Supervisors moved to end the eviction moratorium on commercial tenants. This was a huge victory for commercial landlords and businesses that have endured economic hardships amid these moratorium orders. After commercial landlords originally struggled through the commercial eviction moratorium with no end in sight, the commercial eviction moratorium officially expired on …
Read MoreAfter Avoiding a Recall Election, Councilmember Mike Bonin to Not Seek Re-Election
Over the past year, frustrations related to the pandemic, the economy, and other social issues have led to the development of various recall efforts – many of which have impacted several offices in Los Angeles. Councilmember Mike Bonin is the latest of public officials to have been …
Read MoreAfter RecycLA Rate Increases During Pandemic, LA Considers Payment Deferments
Implemented in 2017, RecycLA was introduced as a new program to manage waste and recycling services. Through a public-private partnership between the City and 7 service providers, RecycLA services 11 areas and 64,828 customers throughout Los Angeles. Although RecycLA has helped steer the City into …
Read MoreHow to Keep Up Amid Industry Change
In the fast-evolving commercial real estate industry, staying current on the latest trends and issues impacting your business is no easy feat—especially in these unprecedented times. With so many pandemic-accelerated changes on the horizon, how can today’s property professionals keep up with …
Read MoreCalifornia’s New Annual Budget Shows Promise for CRE
After almost two years of economic shutdowns, California State Budget is healthy and generating historic surpluses. Governor Newsom released his proposed budget for 2022-2023 on Monday and the Department of Finance followed up with a summary on everything included. California now has …
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