Building Operations
BOMA/Chicago Prevails in Lawsuit Opposing Transfer Tax Referendum
BOMA/Chicago Prevails in Lawsuit Opposing Transfer Tax Referendum Today, BOMA/Chicago and a coalition of associations and companies prevailed in a lawsuit against a manipulative attempt to dramatically increase real estate transfer taxes in Chicago. The Cook County Court ruled in favor of the plaintiffs who argued that the Transfer Tax Referendum question originally placed on the March 19, 2024, Primary…
Read MoreVote NO on the Transfer Tax Increase Referendum
Vote NO on the Transfer Tax Increase Referendum Though BOMA/Chicago prevailed in Circuit Court on Friday – with the judge ruling that the Transfer Tax Increase Referendum should be invalidated and votes not tallied – the decision is being appealed by both the City of Chicago and the Chicago Board of Elections. As we await…
Read MoreIllinois Commerce Commission Slashes Proposed Rate Increases from ComEd, Peoples Gas
Illinois Commerce Commission Slashes Proposed Rate Increases from ComEd, Peoples Gas BOMA/Chicago intervened in both cases on behalf of our member buildings In 2023, ComEd and Peoples Gas both filed utility rate increases with the Illinois Commerce Commission (ICC). Given the significant impact of those increases on our member buildings, BOMA/Chicago intervened in both cases…
Read MoreBOMA/Chicago Files Lawsuit Opposing Transfer Tax Referendum
BOMA/Chicago Files Lawsuit Opposing Transfer Tax Referendum BOMA/Chicago filed a lawsuit against the Chicago Board of Election Commissioners. The suit seeks an injunction prohibiting the Commissioners from certifying and placing the proposed Transfer Tax Referendum question on the March 19, 2024, Primary Election ballot. BOMA/Chicago, along with a broad cross-section of associations and companies representing contractors,…
Read MoreBOMA/Chicago Weighs in on ComEd’s Multi-Year Grid and Rate Plans
BOMA/Chicago Weighs in on ComEd’s Multi-Year Grid and Rate Plans ComEd earlier this year filed a Multi-Year Grid Plan and Multi-Year Rate Plan with the Illinois Commerce Commission (ICC). These plans, outlining capital investments, revenue requirements, and profit increases, will have a direct impact on BOMA/Chicago member buildings. BOMA/Chicago is actively engaged in advocating…
Read MoreBOMA/Chicago Opposes Increases in Peoples Gas Rate and Design Case
BOMA/Chicago Opposes Increases in Peoples Gas Rate and Design Case Peoples Gas recently filed a rate case with the Illinois Commerce Commission (ICC), proposing a significant rate increase. The Peoples Gas case includes several key elements that have raised concerns among BOMA/Chicago member buildings, including an estimated 46% increase on delivery charges. Most BOMA/Chicago…
Read MoreNASCAR Chicago Street Race Resources
NASCAR Chicago Street Race Resources The NASCAR Chicago Street Race weekend is the first of its kind for NASCAR. The race will pass through many of Chicago’s most renowned downtown landmarks, on July 1 and July 2. The City of Chicago and NASCAR officials have worked closely to develop a traffic plan that outlines street…
Read MoreShamrock Shuffle on March 26: Upcoming Street Closures & Parking Restrictions
Shamrock Shuffle on March 26: Upcoming Street Closures & Parking Restrictions The Bank of America Shamrock Shuffle, an 8K run through downtown Chicago and a 2-mile walk along Chicago’s lakefront, is on Sunday, March 26. Below is information about street closures, parking, and course map. Shamrock Shuffle Street Closures: No parking is allowed on the…
Read MoreSmart Streets Pilot Program/Smart Loading Zones Pilot Program
Smart Streets Pilot Program/Smart Loading Zones Pilot Program During the January City Council Meeting, Mayor Lightfoot and several aldermanic cosponsors introduced the “Smart Streets Pilot Program and Smart Loading Zone Pilot Program.” This ordinance will create two two-year pilot programs aimed at using technology to discourage drivers from obstructing crosswalks, commercial loading zones, and bike…
Read MoreBOMA/Chicago Launches Decarb Task Force
BOMA/Chicago Launches Decarb Task Force BOMA/Chicago has launched a Decarb Task Force to review and develop policies related to decarbonization. As the City and State consider policies that will impact existing buildings, the task force will also develop information and resources to educate members and policymakers. For more information about the Decarb Task Force, contact…
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