Building Operations
A Cybersecurity Wakeup Call for the Real Estate Industry
A Cybersecurity Wakeup Call for the Real Estate Industry By Wes Crews with SDI Presence In this time of instant information, where everyone and everything is connected to the internet, there are amazing opportunities to improve speed and efficiency. The real estate industry is no exception, embracing technology that improves efficiencies in building management and…
Read MoreGold Circle Award Profile: Michael Moriarty, Building Engineer of the Year
Gold Circle Award Profile: Michael Moriarty, Building Engineer of the Year Michael Moriarty, Chief Engineer with CBRE at 353 North Clark, is the recipient of BOMA/Chicago’s 2019 Building Engineer of the Year Award. How did you get involved in the commercial real estate industry? My Dad was an engineer and member of Local 399. He encouraged…
Read MoreTick-Tock Goes the Property Tax Clock
Tick-Tock Goes the Property Tax Clock By Michael Cornicelli, Executive Vice President, BOMA/Chicago One of the more eye-catching headlines I have seen in the last month or so came from Joe Cahill at Crain’s Chicago Business, and it read, “Defuse the property tax bomb.” How appropriate given the extensive sparks flying around the issue of increasing property taxes. Expressing…
Read MoreMayor Lightfoot Launches Chicago Energy Rating System
Mayor Lightfoot Launches Chicago Energy Rating System August 22, 2019 Chicago became the first US city with a large building energy rating requirement with the formal launch of the Chicago Energy Rating System on August 20, 2019. The ordinance, adopted in 2017, will rate building energy efficiency performance on a zero to four-star scale,…
Read MoreCouncil Committee Approves Fair Work Week Ordinance
Council Committee Approves Fair Work Week Ordinance July 24, 2019 After obtaining approval from the Chicago City Council Committee on Work Force Development a day earlier, the full City Council passed a substitute version of the Chicago Fair Work Week Ordinance on July 24. Prior to the vote, BOMA/Chicago had maintained its position that language requiring a waiver…
Read MoreChicago Fire Department Looking for Building Partners
Chicago Fire Department Looking for Building Partners July 23, 2019 The Chicago Fire Department is looking for BOMA/Chicago member buildings to help them with some training opportunities. Building partners are needed for the following: Fire Safety Director Program Classes – Buildings interested in hosting a Fire Safety Director Certification class in 2019/2020. Space needs to…
Read MoreChicago Fire Department Seeking Elevator Shafts in Downtown Buildings for Training Purposes
Chicago Fire Department Seeking Elevator Shafts in Downtown Buildings for Training Purposes July 9, 2019 Is your building undergoing any elevator shaft work that would give the Chicago Fire Department an opportunity to practice blind shaft rescues? To volunteer your building or to learn more, please contact Ron Tabaczynski, BOMA/Chicago Director of Government Affairs, at rtabaczynski@bomachicago.org.…
Read MoreFour Ways Accurate Square Footage Can Impact a Property’s Financial Position and Accounting Practices
Four Ways Accurate Square Footage Can Impact a Property’s Financial Position and Accounting Practices By Robert Ladner with SDI Presence The responsibilities of a commercial real estate property manager are many and varied, ranging from managing occupancy, tenant relationships, safety concerns and building financials. One common – but often overlooked – source of data used across…
Read MoreEggress vs. Safety: Locked Elevator Lobbies
Eggress vs. Safety: Locked Elevator Lobbies By Leah Riley with Burnham Nationwide Tragic events have been an unfortunate way of calling the attention to safety mishaps that could have been avoided. While the number of fires in Chicago office buildings are limited, those resulting in lost of life at times result in code changes. A recurring…
Read MoreNo Vote Taken this Session on Property Tax Bill
No Vote Taken this Session on Property Tax Bill June 11, 2019 At the urging of BOMA/Chicago members and their building tenants, BOMA/Chicago successfully opposed Senate Bill (SB) 1379 this past legislative session. The legislation, sponsored by Cook County Assessor Fritz Kaegi, would have required commercial properties to submit income and expense data annually. BOMA/Chicago…
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