(October 2020) BOMA Releases New Operating Expense Resource:
COVID-19 has changed how property professionals are approaching budget season for 2021 and how they are reforecasting income, operating expenses (OpEx) and capital expenses to predict their property's financial performance at the end of 2020. In finalizing their reforecasts, property professionals are also recalculating projected operating expense pass-throughs to tenants for the current year.
CRE Leader Insights
Summary of Provisions in the CARE Act
Local and State Resources:
Introducing COVID Alert NJ - New Jersey's free and secure exposure notification app. Help protect yourself and your family while ensuring your privacy. Learn more. (nj.gov).
NJ Supreme Court will allow most court proceedings to continue using remote options - learn more.
NY Forward Safety Plan Template - New York State Department of Health
Federal and World Resources:
CARES Act Relief Provisions:
Webinars and Other Resources:
Insights on re-occupancy video from BOMA China - produced by BOMA Canada - "Coronavirus - The Re-Occupancy View from China and Canada" (4/14/20)