Earlier this week, the U.S. House and Senate released their comprehensive tax reform packages that include major implications for the commercial real estate industry and provisions supported by BOMA International. Both bills differ in including 1031 like-kind exchanges and the Historic Preservation Tax Credit, but will need to come together by addressing those differences or conferencing their bills.
Don’t forget to mark your calendars for BOMA International’s 2018 Winter Business Meeting & National Issues Conference, taking place January 28-31, 2018 in Washington, D.C. The conference is a wonderful opportunity to network, advocate, and learn how to shape the future of BOMA and the commercial real estate industry.
Back in Manhattan, we are pleased to announce that the nearly 100-year old Federal Reserve Bank of New York has renewed their BOMA 360 designation!