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BOMA/Chicago Opposing Exelon Bailout

BOMA/Chicago Opposing Exelon Bailout July 13, 2015   As BOMA/Chicago anticipated, comprehensive energy legislation has been introduced by competing interests in the Illinois General Assembly. Legislation filed by Exelon Corporation to create the “low carbon portfolio standard” would require electric utilities to purchase a specified percentage of low carbon energy credits from energy sources that…

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Chicago’s Commercial Office Buildings Score High Marks for Energy Efficiency

Chicago’s Commercial Office Buildings Score High Marks for Energy Efficiency July 13, 2015   The commercial office building sector scored high marks for energy efficiency in a just released report by the City of Chicago on the first year results of the Building Energy Use Benchmarking Ordinance. The report confirms what the Building Owners and…

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Special Service Areas Subject of Illinois House Hearing

Special Service Areas Subject of Illinois House Hearing July 13, 2015 BOMA/Chicago’s Director of Government Affairs, Ron Tabaczynski, recently appeared before the Illinois General Assembly’s House Revenue Committee to testify at a subject matter hearing on Special Service Areas (SSAs). Ron spoke about some major concerns BOMA/Chicago members have with SSAs, including: Scope of Service…

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USGBC Announces Extension of LEED 2009

USGBC Announces Extension of LEED 2009 December 12, 2014   The U.S. Green Building Council (USGBC) has announced that it will allow LEED users to register projects under the LEED 2009 rating system until October 31, 2016. The original date for LEED 2009 registration to close was June 15, 2015. Extending to October 2016 gives…

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State Fire Marshall Withdraws Sprinkler Proposal

State Fire Marshall Withdraws Sprinkler Proposal August 2, 2013   On August 2, 2013, Illinois State Fire Marshal Larry Matkaitis withdrew his controversial proposal to update the Illinois fire safety code, which would have required the installation of fire sprinklers in all high-rise buildings and new homes. Due to the withdrawal of this proposal, the public hearing…

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BOMA/Chicago Opposes Proposal to Extend SSA #1 Taxation to New Parcels; First Committee Hearing April 30

BOMA/Chicago Opposes Proposal to Extend SSA #1 Taxation to New Parcels; First Committee Hearing April 30 July 13, 2015 The BOMA/Chicago Board of Directors recently adopted a position to publicly oppose any attempt to renew the State Street Special Service Area (SSA) if the proposed renewal adds any additional taxable parcels not taxed under the…

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Contact Your Legislators: Mayor Emanuel’s Pension Reform Proposal

Contact Your Legislators: Mayor Emanuel’s Pension Reform Proposal July 13, 2015   Mayor Rahm Emanuel has announced a bold proposal to address a significant portion of Chicago’s pension funding dilemma with an aggressive plan to decrease benefits, increase employee contributions and increase property taxes. BOMA/Chicago’s executive leadership determined that the responsible course of action is…

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