When the Bay Area’s techie-elite got richer yesterday, its poor refused to get poorer.
San Francisco-based technology company Twitter went public. By the time the New York Stock Exchange closed yesterday, more than 13 million shares of the online social networking and microblogging company had been traded, bringing Twitter’s value up to $31 billion.Read more »
From tonight’s victory party for opponents of the 8 Washington waterfront luxury condo project, the overwhelming defeat of developer-backed Propositions B&C seemed to go beyond just this project. It sounded and felt like a blow against Mayor Ed Lee’s economic policies, the gentrification of the city, and the dominion that developers and power brokers have at City Hall. Read more »
EDITORIAL San Francisco is headed for a showdown. Those who see the city as primarily a place to make money and who want to leave its fate to the mercy of market forces are being confronted by a growing and increasingly well-organized movement demanding aggressive action on the related issues of evictions and gentrification.Read more »
When urban real estate is turned into merely a commodity — or just another safe place for the wealthy to park their cash in uncertain economic times, while also providing pied-a-terres in which to crash a few times a year — it tears at the social fabric of big cities such as San Francisco, New York City, and London.Read more »
STREET FIGHT Professor Don Shoup, an icon in San Francisco planning circles, is famous for illuminating that there is no such thing as free parking. In his voluminous book The High Cost of Free Parking, Shoup breaks-down the costs of building parking spaces and the land underneath.Read more »
A mix of neighborhood merchants, community activists and a couple City Hall staffers met for a community forum Sept. 23 on Mission gentrification, voicing anger and frustration about rising displacement in the face of soaring rents.
Arranged by organizer Andy Blue, the forum was hosted by Rose Aguilar of Your Call Radio and held at the Eric Quezada Center for Culture and Politics on Valencia Street.Read more »
The recent debate about high-end retailer Jack Spade seeking to open up shop in the former location of Adobe Books has placed concerns about gentrification in San Francisco’s Mission District to the front burner yet again.
To spark a dialogue about an appropriate community response to the changing fabric of the neighborhood, community activists have organized a discussion forum scheduled for Monday, Sept. 23.Read more »