After the City voted to approve a mandatory $5 hazard pay ordinance for grocery and retail businesses on March 3rd, 3 major LA grocery stores announced that they will be forced to shut down. Councilmember John Lee, who voted to reject the …
Continue ReadingEven before social distancing was encouraged due to COVID-19, the LA County Metro busses were already facing severe declines in ridership. So, due to health concerns and changing commuter preferences, Metro will likely have many barriers to consider in the near future. Certainly, Metro will have to reimagine public transit …
Continue ReadingBy winning a seat on the Los Angeles County Board of Supervisors last November, Holly Mitchell created an important vacancy in the California State Senate. Since former State Senator Mitchell’s departure …
Continue ReadingAfter cutting $150 million from the LAPD budget last summer, the LA City Council has finally decided how to allocate the funds, which were originally earmarked towards community reinvestment programs and alternative policing initiatives. Although the Council submitted an early draft on how to spend the new funds in December …
Continue ReadingLast December, the LAFD Fire Development Services rolled out a new customer development portal in the Fire Inspection Management System (FIMS), which includes a number of services for fire, life, and safety systems. These features will streamline …
Continue ReadingLast week, the Los Angeles Police Protective League agreed on a deal that could stop the layoffs of over 355 sworn police officers. At the end of 2020, the Los Angeles City Council approved a motion that would cut hundreds of active police officers. Expecting a budget deficit …
Continue ReadingIn April of 2020, following extensive lobbying by BOMA International and its CRE partners, the CARES Act restored the 15-year depreciation schedule for qualified leasehold improvements or Qualified Improvement Property (QIP). Due to drafting error, the Tax Cuts and Jobs Act of …
Continue ReadingBOMA International, BOMA/GLA’s larger international sister organization, released a groundbreaking nationwide COVID-19 Commercial Real Estate Impact Study, which assessed important developments regarding commercial office space as it relates to …
Continue ReadingAfter requesting more details last November on options to remove County Sheriff Alex Villanueva, the LA County Board of Supervisors recently received a report back from legal counsel this past Tuesday. As explained in the November motion …
Continue ReadingOn January 28th, state lawmakers voted to extend its statewide moratorium on eviction bans through June 30th, 2021. Originally, the eviction moratorium was set to expire on January 31st. The extension of the eviction moratorium is part of Senate Bill (SB) 91, a statewide initiative to alleviate the rent burden on residential tenants. In addition to the eviction ban, SB-91 includes a $1.5 billion dollar rent relief …
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.