Guest Author After months of debating and input by business stakeholders, California officials have officially struck down a bill that would have heavily impacted commercial real estate operations. Without a doubt, this is a huge win for California property owners and managers. AB 1395 would have mandated the California Air Resources Board (CARB) to establish…
Continue ReadingAfter a long year of campaigning, on Tuesday California voters headed to the polls to answer an important question: should Governor Newsom remain in office? Following a long night of tallying votes, we finally …
Continue ReadingPresident Biden Announces Sweeping COVID-19 Vaccine Mandate – Will Affect Over 100 Million Americans
On Thursday, President Joe Biden revealed a new vaccine mandate aimed at reducing COVID-19 positivity rates throughout the country, and is expected to impact over 100 million Americans. The vaccine mandate requires all employers with more than …
Continue ReadingLast Thursday, California building owners and managers received good news regarding Senate Bill 687 (Hueso), a state bill that would have created numerous legal and financial issues. After months of deliberation with stakeholders, SB 687 was officially held on the Suspense …
Continue ReadingOn Monday, the Federal Drug Administration (FDA) announced that it officially approved the Pfizer-BioNTech COVID-19 – a groundbreaking development that will improve vaccination rates throughout the Los Angeles. This comes at a time when …
Continue ReadingWith over 40,000 individuals experiencing homelessness, the Los Angeles City Council took a bold step towards rapidly increasing it’s available supply of homeless housing units. In last week’s Council meeting, the Council unanimously agreed to adopt the City’s first …
Continue ReadingAs the number of encampments rise along key tourist destinations such as Venice Beach, Olvera Street and Hollywood, LA County Sheriff Alex Villanueva is pushing the LA County Board of Supervisors to declare a state of emergency against the homelessness crisis …
Continue ReadingThe Senate has passed the bipartisan Infrastructure Investments and Jobs Act by a 69—30 vote. The $1.2 trillion dollar package now heads to the House where it awaits passage before heading to President Joe Biden’s desk for signature. BOMA International applauds the Senate for …
Continue ReadingEnsure safe building operations, better protect workers, visitors, and customers by completing needed repairs to your parking lots. You have a unique opportunity to perform essential work and repairs while your parking lots are still mostly vacant.
Continue ReadingOn July 15th, the LA County Office of the Assessor officially released the 2021 edition of the Assessment Roll, which lends insight into the health of the real estate industry. According to the roll, the real estate market has shown immense resilience during the pandemic, and is on a road towards economic growth. With …
Continue ReadingOpinions 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.