Posts by growthzone
How to Maintain Parking Lots While Safely Preparing for Re-Entry
How to Maintain Parking Lots While Safely Preparing for Re-Entry Iannessa with Rose Paving The COVID-19 outbreak has left many building owners feeling stuck between a rock and a hard place. After all, the mortgage doesn’t care if your tenants can’t pay the rent because of Coronavirus It’s a bad situation for everyone but there are…
Read MoreGold Circle Award Profile: Tyler Siegel, 2020 Emerging Leader of the Year
Gold Circle Award Profile: Tyler Siegel, 2020 Emerging Leader of the Year Tyler Siegel, former Associate Real Estate Manager with CBRE at 737 North Michigan Avenue (now with Edge-Funds in New York), was named 2020 Emerging Leader of the Year. How did your career in commercial real estate begin? I began my Real Estate career…
Read MoreBOMA/Chicago Board Spotlight: Micah Larmie with Transwestern
BOMA/Chicago Board Spotlight: Micah Larmie with Transwestern Transwestern’s Micah Larmie knows all about the inner workings of what makes a property management company hum smoothly, dating back to her time working as an auditor of system, finance and accounting practices. But it was her move into running the daily operations of the Illinois Center, 233…
Read MoreWhat Do Lenders Really Want from Property Managers?
What Do Lenders Really Want from Property Managers? By Michael Giese, Executive Director, Glenstar There are times when it seems that lenders, loans and reporting requirements are a mystery, and that one misstep could potentially put your funding in jeopardy. Â With so much at risk, how are property managers supposed to know what lenders want?…
Read MoreSupport the “Everyone’s Neighborhood – The Loop” Campaign
Support the “Everyone’s Neighborhood – The Loop” Campaign June 28, 2020 In partnership with the Chicago Loop Alliance, BOMA/Chicago invites all of our buildings to support the “Everyone’s Neighborhood – the Loop” campaign. You can also support the campaign with the phrase:Â #BackInTheLoop.” The campaign is focused on uniting and promoting the Loop community as tenants…
Read MoreNew City Labor Laws in Effect July 1: Minimum Wage, Fair Work Week and Anti-Retaliation
New City Labor Laws in Effect July 1: Minimum Wage, Fair Work Week and Anti-Retaliation June 24, 2020 Minimum Wage and Paid Sick Leave This July 1, the minimum wage will increase from $13.00 to either $13.50 or $14.00 per hour (depending on the number of workers at a business). For qualifying employers with 21 or…
Read MoreCity of Chicago and State of Illinois Advance to Phase 4 on Friday, June 26
City of Chicago and State of Illinois Advance to Phase 4 on Friday, June 26 June 23, 2020 The Chicago Mayor and Illinois Governor announced the City and State will both advance to Phase 4 on Friday, June 26. Because the City and State offer varying guidelines, it’s important to note significant differences between…
Read MoreCFD Guidance on Fire and Life Safety Compliance Issues During COVID-19
CFD Guidance on Fire and Life Safety Compliance Issues During COVID-19 June 18, 2020 At this time the Chicago Fire Commissioner has put a moratorium on all high rise building fire drills for the safety of all involved. The moratorium follows the direction of the City of Chicago Health Department, State of Illinois and the CDC as…
Read MorePhase 3 Re-Entry: CTA and Loop Access Open on Wednesday
Phase 3 Re-Entry: CTA and Loop Access Open on Wednesday June 2, 2020 Today, Mayor Lori Lightfoot announced that Chicago will still reopen on Wednesday, June 3, advancing to Phase 3 of the Mayor’s Be Safe Chicago plan. CTA Schedule and Loop Access While full access to the area will be reintroduced for all Chicagoans, select closures…
Read MoreCity Announces New Precautionary Measures to Ensure Safety of Residents and Peaceful Protests
City Announces New Precautionary Measures to Ensure Safety of Residents and Peaceful Protests May 31, 2020 On Sunday, May 30, the City of Chicago announced new precautionary measures to further ensure the health and safety of residents and the hundreds of peaceful protesters participating in rallies this Sunday. As part of these efforts, the…
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