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Gold Circle Award Profile: Freddy Flores

Gold Circle Award Profile: Freddy Flores Freddy Flores, Business Development Manager at Thyssenkrupp Elevator, is the recipient of BOMA/Chicago’s 2017 Affiliate Member of the Year Award. What service does your company provide and what benefits do they offer to the commercial real estate industry? Thyssenkrupp provides elevator maintenance, repair, modernization and installation services. We keep elevators running efficiently,…

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Building Code Initiative Advances

Building Code Initiative Advances March 29, 2017   The Chicago Building Code in its present form is extremely outdated. Most of the life safety chapters have not seen a major revision since the revised Building Ordinance passed the City Council on December 30, 1949.  An updating of the Chicago Building Code was actually sanctioned in…

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Gold Circle Award Winner Profile: Krystal Kurinsky

Gold Circle Award Winner Profile: Krystal Kurinsky Krystal Kurinsky, Senior Vice President/General Manager with MB Real Estate Services, Inc. at 181 West Madison, is the recipient of BOMA/Chicago’s 2017 Property Management Professional of the Year. How did you get started in the commercial real estate industry? By accident (luck).  I moved to Chicago after college and…

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Chicago Building Commissioner Meets with BOMA/Chicago

Chicago Building Commissioner Meets with BOMA/Chicago March 15, 2017   Chicago Building Commissioner Judith Frydland met with the BOMA/Chicago Codes Committee on March 23 to discuss a number of initiatives underway at the Department of Buildings that will streamline and modernize much of the Department’s permitting and inspection work. Streaming and Modernization Noting a 15%…

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Randy Waites with Avison Young Joins BOMA/Chicago Board of Directors

Randy Waites with Avison Young Joins BOMA/Chicago Board of Directors First appointed nearly ten years ago, Randy Waites, principal at Avison Young, is the newest member of BOMA/Chicago’s Board of Directors. Randy jokingly says he “feels vindicated” after his original appointment in 2007, since shortly thereafter he accepted a position with John Buck International based…

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City Council Passes Mayor’s Water and Sewer Tax

City Council Passes Mayor’s Water and Sewer Tax February 7, 2017   On September 14, the City Council overwhelmingly passed the water and sewer tax proposed by Mayor Emanuel to shore up the largest of the City’s pension fund.  The tax begins in 2017 and increases every year until 2020. Currently, sewer charges equal water…

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Mayor Emanuel Unveils His 2017 City Budget

Mayor Emanuel Unveils His 2017 City Budget Mayor Emanuel unveiled his proposed 2017 budget at a special meeting of the City Council.  The $8.22 billion budget proposes spending $380 million more than was appropriated in 2016.  This represents an increase of 4.6% over the 2016 appropriation.  For your benefit, the highlights of the city’s 2017…

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Exelon/ComEd Rate Increase Legislation Signed by Governor Rauner

Exelon/ComEd Rate Increase Legislation Signed by Governor Rauner February 7, 2017 It took last minute negotiations and ten amendments, including one to reduce the number of votes needed for passage, but ComEd and Exelon were successful in their effort to have Illinois ratepayers bailout two underperforming nuclear plants and change the way energy efficiency programs…

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Update on Pedway Redesign Discussion

Update on Pedway Redesign Discussion January 17, 2017   The Environmental Law and Policy Center (ELPC) recently held a series of workshops to discuss possible improvements to the Chicago Pedway system. It is funding a $125,000 redesign of the main Pedway stretch beneath Randolph Street with the primary focus on the section that runs from…

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Six Surprising Facts about the Exelon/ComEd Rate Increase Proposal

Six Surprising Facts about the Exelon/ComEd Rate Increase Proposal Exelon and ComEd have introduced a new legislation (House Amendent #2 to SB 2814) to drastically raise commercial and residential electricity rates and add new charges that will total $24 billion over twenty-three years. While Exelon and ComEd have claimed the rate increases and new charges…

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