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CRE Insights & Advice from Three Emerging Leaders

CRE Insights & Advice from Three Emerging Leaders BOMA/Chicago’s Emerging Leaders Network provides career development, education and networking opportunities for BOMA/Chicago Building and Affiliate members with a recommended seven years or less of experience in the commercial real estate industry. We asked three emerging leaders to describe their professional backgrounds and to give us their insights on CRE. Read the…

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What Exelon and ComEd Don’t Want You to Know

What Exelon and ComEd Don’t Want You to Know With electricity costs making up the first or second largest expense for BOMA/Chicago buildings, it’s crucial that we continue shedding light on Exelon and ComEd’s proposed legislation which, with its latest proposal introduced on November 15, would raise electricity rates $24 billion statewide over the next…

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BOMA/Chicago’s Chief Curmudgeon Enlightened by our Hometown Heroes, the Chicago Cubs

BOMA/Chicago’s Chief Curmudgeon Enlightened by our Hometown Heroes, the Chicago Cubs My job as chief staff officer for BOMA/Chicago often involves criticizing and opposing proposed actions that we view as damaging to our members, the commercial real estate industry, and our great city. Sometimes I’m a naysayer and sometimes I go on a rant. But…

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Mayor’s Budget Includes Loading Zone Pilot Program

Mayor’s Budget Includes Loading Zone Pilot Program October 11, 2016   Mayor Emanuel’s proposed 2017 budget includes the creation of a managed pilot whereby the City of Chicago will convert current business-paid loading zones to user-paid loading zones, shifting the responsibility of payment to carriers. The Mayor believes that implementation of user-paid loading zones will create…

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A Closer Look at the Property Tax Burden on BOMA/Chicago Buildings

A Closer Look at the Property Tax Burden on BOMA/Chicago Buildings At BOMA/Chicago, we’re always advocating on our members’ behalf by regularly engaging in open, productive dialogue with key stakeholders surrounding public policy and fiscal decisions aimed at fostering a thriving Chicago. While our elected officials at the local, state and federal levels initially come to…

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Fundamentals of Emergency Preparedness in the CBD

Fundamentals of Emergency Preparedness in the CBD Keeping buildings and tenants safe is a top priority – and it begins with proper preparation. A key part of any preparedness plan is fully understanding the resources available in the event of an emergency. To ensure these resources are front and center, we decided to get back…

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Eight Strategies for TOBY Success

Eight Strategies for TOBY Success Achieving TOBY success on the local, regional and international levels can be quite a challenge, though the hard work and preparation– win or lose – results in stronger teams, greater collaboration and exceptional buildings. Industry leaders from BOMA/Chicago’s 2016 TOBY International winners, Susan Hammer, general manager for Riverview Realty Partners at AMA…

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Recycling Ordinance Gets Updated

Recycling Ordinance Gets Updated August 26, 2016   The City Council amended the Chicago Recycling Ordinance to provide greater clarity to property owners regarding their recycling requirements and to give city officials stronger enforcement capabilities. Under the amended ordinance, property owners of multi-unit residential, office and commercial establishments will now be mandated to provide source-separated,…

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City funds Property Tax Rebate Program

City funds Property Tax Rebate Program August 25, 2016   With Springfield failing to act on the Mayor’s proposed doubling of the homeowners exemption, the Chicago City Council approved a City-funded rebate program to help offset the recent $580 million property tax increase.  It includes a base rebate for certain homeowners, a senior supplement for…

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BOMA/Chicago Meets with ComEd, Exelon and Senator Mattie Hunter

BOMA/Chicago Meets with ComEd, Exelon and Senator Mattie Hunter August 25, 2016 BOMA/Chicago leaders, staff and legislative and energy consultants met with Senator Mattie Hunter, Chairman of the Senate Energy and Public Utilities Committee, and representatives from Exelon and ComEd to discuss their proposed rate increase of $7.7 billion over the next ten years. After…

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