Building Operations
Time Sensitive: Members with Nonstandard Riders Encouraged to Request New Annual Report from ComEd
Time Sensitive: Members with Nonstandard Riders Encouraged to Request New Annual Report from ComEd Due to BOMA/Chicago’s arguments for greater transparency and fairness in ComEd’s Rider NS billing, the ICC now requires ComEd to provide a Rider NS Annual Report by March 1 upon customer request. The report was among several reforms to the Rider…
Read MoreBOMA/Chicago Works with City to Streamline Debt Checks Process
BOMA/Chicago Works with City to Streamline Debt Checks Process As part of the City of Chicago’s Cut the Tape Task Force, BOMA/Chicago is addressing inefficiencies in the City’s Debt Check process. This process searches for existing debts of tenants and building owners before permits or licenses are issued. Led by Jan Goldsmith (Zeller), a group…
Read MoreSecurity Best Practices Library Updated by Preparedness Committee
Security Best Practices Library Updated by Preparedness Committee Is it time to refresh your building’s Response Plans? BOMA/Chicago’s Security Best Practices library provides property management teams with a wide range of security documents that address security or life safety situations commonly faced in commercial office buildings. These best practices can be considered when drafting site-specific…
Read MoreBOMA/Chicago Taxation Committee Issues Proposed Property Tax Reforms
BOMA/Chicago Taxation Committee Issues Proposed Property Tax Reforms Chicago leads the nation in commercial property taxes and has adopted many counter-productive tax policies. BOMA/Chicago’s Taxation Committee has developed a slate of property tax reforms endorsed by the association. In addition to classification reform to allow for a fairer assessment of all properties and encourage investment…
Read MoreBOMA/Chicago Prevails in Utility Rate Design Case to Lower Costs, Increase Transparency
BOMA/Chicago Prevails in Utility Rate Design Case to Lower Costs, Increase Transparency Two BOMA/Chicago recommendations supporting large office buildings were adopted by The Illinois Commerce Commission (“ICC”) in its final order for ComEd’s Rate Design Case. The ICC’s order approves reduced Beneficial Electrification (“BE”) plan costs allocated to large office buildings compared to ComEd’s original…
Read MoreAfter Property Tax Increase Eliminated, Mayor’s Budget Passes City Council
After Property Tax Increase Eliminated, Mayor’s Budget Passes City Council City Council passed the Mayor’s revised $17.1B budget on Monday, December 16. The budget excluded the originally proposed $300 million property tax increase. After City Council unanimously rejected the initial proposal, the Mayor scaled back the tax hike, presenting additional budgets that included a $150M…
Read More2024 NASCAR Chicago Street Race Resources
2024 NASCAR Chicago Street Race Resources The Chicago Street Race is home to the first-ever NASCAR Cup Series street race in the 75-year history of NASCAR. Located in downtown Chicago, the 2024 event will once again take competitors past and through many of the city’s most renowned downtown landmarks on Michigan Avenue, South Columbus Drive,…
Read MoreDemocratic National Convention Resources
Democratic National Convention Resources The Democratic National Convention (DNC) will take place from Monday, August 19 to Thursday, August 22, with approximately two weeks of setup beforehand and one week of teardown of security measures afterward. The larger evening events will be hosted at the United Center, while the McCormick Center West will host daytime activities.…
Read MoreMail Fraud Resources and Best Practices
Mail Fraud Resources and Best Practices USPS Inspectors with the United States Postal Inspection Service, Erin Leipold and Jennifer Smith, attended the March 2024 Preparedness Committee meeting to present information and resources about mail fraud. Best practices: Call 1-877-876-2455 to report mail theft to the Postal Inspection Service, and file a report with Chicago Police…
Read MoreVote NO on Mayor Johnson’s Transfer Tax Hike Referendum on March 19 Election
Vote NO on Mayor Johnson’s Transfer Tax Hike Referendum on March 19 Election Mayor Johnson’s Transfer Tax Hike will hurt our entire City. In the post-Covid era, with workers opting to stay home, high interest rates, and marked increases in labor and material costs, Chicago’s downtown faces momentous challenges, including record high vacancy rates and…
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