In the early 1900s, the building at 888 Brannan St. in South of Market was a factory for what was at the time a high-tech device: batteries. Over the years, it was used by a paper distribution business and a wholesale jewelry mart, which is still housed in a portion of the site.
But now the cavernous, window-lined structure that sits next to Interstate 80 will once again house a high-tech tenant: Airbnb, the company that allows people to list and find temporary housing online.
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The rush of money into city political campaigns was not just limited to candidates. Campaigns for several San Francisco ballot measures had price tags in the neighborhood of $1 million.
Based on recent filings with the Ethics Commission, the largest spending on ballot measures was for the $195 million parks bond and on the measure to replace San Francisco’s business payroll tax with a tax on gross receipts. Both campaign war chests were about $1 million.
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The illegal practice known as corporate hotelization could be shut down under a law adopted Tuesday by the Board of
Supervisors.
When corporations sign long-term apartment leases but then allow short-term stays, other residents complain of feeling like they are living in a hotel. The practice also takes away housing that could otherwise go to San Franciscans.
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In a city with skyrocketing rents, rent-control laws, and strong tenant advocacy, it was just a matter of time before corporate “hotelization” became a target of the Board of Supervisors.
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As tech startup Airbnb announced plans to add hundreds of local jobs at its new San Francisco headquarters, Mayor Ed Lee said the issue of whether the company must pay The City’s 14 percent hotel tax remains a topic for discussion.
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A person of interest connected to the ransacking of a San Francisco apartment that garnered national attention because the owner used an Internet vacation renting site is in custody in Santa Clara County on separate charges, according to law enforcement officials.
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URL: http://www.sfexaminer.com/topics/airbnb
