CHICAGO—The Building Owners and Managers Association ofChicago has just elected T.J. Brookover,regional manager for AmTrust Realty Corp. inChicago, its new president. Along with a group of new officers,Brookover was elected at the association's recent 2014 AnnualMeeting held at the Ritz Carlton Chicago. Hesucceeds George Kohl, chief operating officer ofSterling Bay Companies, who just completed histwo-year term.

“George's leadership and industry knowledge played an integralrole in elevating BOMA/Chicago and Chicago's commercial real estateindustry during his tenure as president,” says MichaelCornicelli, executive vice president of BOMA/Chicago. “Wethank George for his tireless dedication and contributions.”

Brookover tells GlobeSt.com that his main job as president ofthe trade association will be to continuously ask “how can we helpcontain costs?” A recent report by MBRE found thatthese average combined tax and operating expenses have already hita six-year high of $14.24 per square-foot, an increase of 3.7%since 2012. Class A expenses hit $16.67 and classes B and C were at$11.88. “We are monitoring both of those closely.”

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.