Advocacy
City Council Considers Transfer Tax Proposals
City Council Considers Transfer Tax Proposals November 27, 2018 BOMA/Chicago has been actively opposing three transfer tax proposals currently up for consideration in the City Council. Cumulatively, the three proposals total an increase of $12.00 per $500 and, if all passed, would increase the City portion of the transfer tax from the current $3.75…
Read MoreIllinois 2018 General Election Review
Illinois 2018 General Election Review By Stephen S. Morrill, Principal of Morrill & Fiedler LLC (M&F) The 2018 Illinois General Election was held earlier this month on Tuesday, November 6. The anticipated “blue wave,” while not as impactful as originally predicted (at least in the U.S. Senate), still had a significant effect in Chicago, Cook…
Read MoreIllinois Legislative Preview
Illinois Legislative Preview By Stephen S. Morrill, Principal of Morrill & Fiedler LLC (M&F) Policy decisions made in Springfield greatly impact the commercial office industry and BOMA/Chicago members have an ongoing interest in Illinois election outcomes. As a follow up to last week’s blog about the 2018 Illinois election results, this discussion will provide insight…
Read MoreIllinois 2018 General Election Preview
Illinois 2018 General Election Preview By Stephen S. Morrill, Principal of Morrill & Fiedler LLC (M&F) Because the commercial office industry is profoundly impacted by legislative and regulatory activity at the state and local levels, BOMA/Chicago members and affiliates rightfully pay close attention to elections in Illinois. This may be particularly true during the current…
Read MoreDemystifying the State Street SSA and its Impact on BOMA/Chicago Buildings
Demystifying the State Street SSA and its Impact on BOMA/Chicago Buildings By Amy Masters, BOMA/Chicago Director of Marketing and Communications If you received email promotions over the summer for ACTivate networking events hosted by the Chicago Loop Alliance (CLA), you may have wondered … what is the CLA? What does this group do? Does the…
Read MoreBOMA/Chicago PAC: Gearing Up for the City’s Big Elections
BOMA/Chicago PAC: Gearing Up for the City’s Big Elections By Ron Tabaczynski, Director of Government Affairs, BOMA/Chicago Right now, Chicago is approaching an important election year in 2019. Fortunately, BOMA/Chicago will be ready. Through its political action committee (PAC), BOMA/Chicago supports political candidates who have demonstrated leadership and sound decision-making on issues affecting commercial real…
Read MoreSupport BOMA’s Political Advocacy Efforts
Support BOMA’s Political Advocacy Efforts October 3, 2018 At our recent Golf Classic, BOMA/Chicago members Bob Six with Zeller Realty Group, Ben Six with Able Services and Jim Wissinger with Harvard Maintenance served time in the dunk tank (AKA the “shark tank”) at this year’s Golf Classic on August 9 and raised $1,200. For real…
Read MoreBOMA/Chicago Steps Up to Challenges of NextGrid Illinois
BOMA/Chicago Steps Up to Challenges of NextGrid Illinois July 25, 2018 NextGrid grew out of the December 2016 enactment of the Future Energy Jobs Act (FEJA – otherwise known as the Exelon bailout), which redefines major aspects of Illinois energy markets. It is an 18-month, collaborative study initiated by the Illinois Commerce Commission (ICC)…
Read MoreCity Council Passes Benchmarking Amendments
City Council Passes Benchmarking Amendments December 13, 2017 The City Council voted 48-2 in favor of amendments to the Chicago Benchmarking Ordinance that will create a zero-to-four-star rating system for benchmarked buildings. The amendment will also require conspicuous posting of the rating. BOMA/Chicago opposed the creation of a rating system arguing that the US…
Read MoreBOMA/Chicago Releases 2017 Economic Impact Study
BOMA/Chicago Releases 2017 Economic Impact Study November 27, 2017 BOMA/Chicago commissioned JLL to conduct a research study analyzing the economic impact of our building members. This study was conducted to better understand our members’ economic value to the City of Chicago, as well as glean critical information on the state of Chicago’s commercial real…
Read More