Setting Consumer Standards for Lithium-Ion Batteries Act Passes House Energy and Commerce Committee BOMA International The bi-partisan bill passed the U.S. House Committee on Energy and Commerce by a unanimous vote. The legislation, supported by BOMA International, would require the Consumer Product Safety Commission (CPSC) to publish a final consumer product safety standard for rechargeable lithium-ion batteries used in e-bikes and other micro mobility devices to protect against the risk of fires caused by such batteries. Read the press release.
The Year of CRE Modernization Is 2025 Commercial Property Executive
Deloitte's John D’Angelo writes: Some older systems that are essential to operating a commercial real estate business may be "modernized" in 2025. Although there were some early signs in the final quarter of 2024, I was pleasantly pleased by how many clients contacted me in the first few weeks of the new year to discuss platforms that had been in use for much longer than their "sell by" date. Read More
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