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Governor Signs Trailer Bill to Clarify Safe-T ActÂ
Governor Signs Trailer Bill to Clarify Safe-T Act Governor Pritzker signed HB 1095, a series of amendments and clarifications to the SAFE-T Act, on December 6. The Safe-T Act was originally passed in 2021 and is scheduled to go into effect January 1, 2023. The newly signed trailer bill includes a series of amendments and…
Read MoreCongratulations to Our 2023 Gold Circle Award Nominees
Congratulations to Our 2023 Gold Circle Award Nominees Congratulations to our 2023 Gold Circle Award nominees! This award honors individual excellence within Chicago’s commercial real estate community. All nominees will be recognized at our TOBY Gold Circle Awards Luncheon on February 1. Affiliate Member of the Year David Lippe Cyclone Energy Group Max Andrews Crescent…
Read MoreCall for Foundation Board Applications
Call for Foundation Board Applications Call for BOMA/Chicago Foundation Board Applications The BOMA/Chicago Foundation Board of Directors will have one open board seat in January 2023. The Board anticipates filling this position in March 2023. If you are interested in being considered for this position, please submit a resume and statement of interest by January…
Read MoreBOMA/Chicago Opposes Transfer Tax IncreaseÂ
BOMA/Chicago Opposes Transfer Tax Increase As part of a coalition of business, real estate, and construction groups, BOMA/Chicago opposes the Bring Chicago Home Transfer Tax proposal. The proposal would increase transfer taxes by 253%, increasing the City’s transfer tax from $5.25 to $14.75 per every $500 of value. While the commercial office industry recognizes the…
Read MoreChicago Releases Building Decarbonization Study
Chicago Releases Building Decarbonization Study The City of Chicago recently released its Decarbonization Study that includes 26 recommendations, including implementation of a building performance standard and a shift from fossil fuel gas to electricity.  Members of BOMA/Chicago served on the city’s decarbonization working group that contributed to the study. Members and staff will continue to…
Read More2024 Education Course Calendar: Save the Dates!
2024 Education Course Calendar: Save the Dates! If you have any questions regarding our education programs, please contact Jaclynne Madden, Director of Education, at jmadden@bomachicago.org or (312) 870-9608. Registration for the below classes will open in January 2024. 2024 Education Calendar RPA The Design, Operation, and Maintenance of Building Systems, Part I Required RPA & FMA…
Read MoreBOMA/Chicago Supports IL EPA Charging Station Rebates for Members
BOMA/Chicago Supports IL EPA Charging Station Rebates for Members BOMA/Chicago recently submitted formal comments with the Illinois Environmental Protection (EPA) requesting the agency’s grant program include funding for commercial office buildings and Level 2 electric vehicle charging stations in their rebate program.  The Illinois EPA’s rulemaking process is still ongoing. Read a copy of the…
Read MoreTaxation Committee Meets with Board of Review Commissioner-Elect Samantha Steele
Taxation Committee Meets with Board of Review Commissioner-Elect Samantha Steele Samantha Steele, Cook County Board of Review Commissioner-Elect, joined BOMA/Chicago’s Taxation Committee on Tuesday, October 4. Committee members discussed the importance of reforming the classification system to provide much-needed needed relief for commercial office properties and the businesses our members’ house. The group cited challenges…
Read MoreBOMA/Chicago Advocates for Classification Reform with Cook County Board
BOMA/Chicago Advocates for Classification Reform with Cook County Board This month, BOMA/Chicago concentrated advocacy efforts related to property tax assessments and classification on the Cook County Board of Commissioners. After the Taxation Committee met with Jim Thompson, Director of the Property Assessment and Tax Policy with the Cook County President’s Office, BOMA/Chicago was invited to…
Read MoreCHICAGO MARATHON IS THIS SUNDAY, OCTOBER 9
CHICAGO MARATHON IS THIS SUNDAY, OCTOBER 9 Street closures in the Grant Park area have begun this week for the Bank of America Chicago Marathon this Sunday, October 9. TRAFFIC IMPACTS/STREET CLOSURES With street closures prior to and during the race, make sure to allow for extra time, expect delays, or consider alternate routes –…
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