Interesting piece in the NY Times about the growing number of high-end condos in the city that are empty most of the year. Thurns out that the more expensive the housing, the more likely it will be owned by somebody who hardly ever lives there:Read more »
The fate of 8 Washington, a luxury high-rise project planned for San Francisco’s northern waterfront, remains uncertain after landing at the center of a political firestorm last year. Yet a whopping $42 million, invested by the California State Teachers Retirement System (CalSTRS), is currently tied up in the project.Read more »
There's a blocky, unattractive building near the corner of Howard and Steuart streets, right off the Embarcadero, that's used for the unappealing activity of parking cars. Nobody's paid much attention to it for years, although weekend shoppers at the Ferry Building Farmers Market appreciate the fact that they can park their cars for just $6 on Saturday and Sunday mornings.
But now a developer has big plans for the 75 Howard Street site — and it's about to become a critical front in a huge battle over the future of San Francisco's waterfront.Read more »
This is out-of-control shameless: David Lee -- the pro-landlord, pro-downtown, pro-any-form-of-development candidate who is running against Sup. Eric Mar in District 1, is trying to hit Mar for supporting 8 Washington.Read more »
I can't say if the campaign contributions had anything to do with it (in fact, nobody seems to know when campaign contributions become bribery) but for whatever reason, Lt. Gov Gavin Newsom not only voted for 8 Washington on the State Lands Commission -- he pushed hard to make sure the project went through.
Opponents of the 8 Washington project turned in 31,721 signatures to the Department of Elections July 19, and since only about 19,000 have to be valid, it's a safe bet the referendum will qualify.Read more »
The developer of 8 Washington has taken an unusual if not unprecedented step to prevent a referendum on his waterfront condo project from succeeding: He's hired a crew of people to surround signature-gatherers and try to drive away anyone who might sign a petition to put the project before voters.Read more »
Matt Gonzalez – the attorney and former president of the Board of Supervisors whose 2003 run for mayor galvanized the city's progressive movement – has withdrawn his endorsement of Sup. Christina Olague for his old District 5 supervisorial seat, citing her positions on the 8 Washington project and replacing ranked-choice (RCV) voting with a September mayoral primary election.Read more »
There's a week left to stop the sale of San Francisco's waterfront to the 1 percent.
The Board of Supervisors approved the 8 Washington project, and a coalition that (for various reasons) opposes this giant pile of housing for the very, very rich is trying to put the issue on the ballot. That takes a lot of signatures, and there's only one week left to collect them.Read more »