➤ “4/20 fete will cost San Francisco plenty of green,” Local News, Friday
Annual pot fest gives the Haight a boost
Chris Roberts’ extremely biased article on the costs of the fun and exuberant 4/20 celebration on Hippie Hill in Golden Gate Park read like a news release from the Recreation and Park Department. Read More
A condo conversion proposal headed closer to approval Monday after tenant advocates partnered with key members of the Board of Supervisors to counter an initial version whose author now opposes the legislation as amended.
Supervisor Mark Farrell first introduced legislation to allow tenancy-in-common owners to pay a fee to bypass the lottery that allows 200 condo conversions a year. Board President David Chiu amended the proposal last week with the backing of tenant advocates. Read More
Rent control could be part of a deal to allow the owners of thousands of housing units to convert them into condominiums by paying a fee.
A new report by the City Controller’s Office has suggested imposing such a mandate on the 2,269 units in 700 buildings that are involved in the proposal. Read More
Today’s price to live in San Francisco is $1 million for a modest home or thousands a month for a market-rate apartment. That’s the reality of supply and demand when 800,000 people want to live on a tiny peninsula where Tartine scones and Bi-Rite Creamery can be found on the same Mission district block. Read More
Discussions between tenant advocates and owners of tenancy-in-common units continue to delay a vote on controversial legislation related to condo conversions.
The Board of Supervisors Land Use and Economic Development Committee was scheduled to vote Monday on the legislation, but postponed action for the second time as board President David Chiu said negotiations between the dueling sides are continuing. Read More
Mayor Ed Lee carefully weighed in Tuesday on the hotly debated condo conversion bypass proposal by encouraging a compromise to bring relief to thousands of tenancy-in-common owners amid worries about the loss of rent-controlled units. Read More
The condo conversion debate is gaining more political intrigue less than two weeks before a Board of Supervisors committee holds its second hearing on the controversial legislation. A vote was already postponed to allow the opposing sides to negotiate. Read More
One of the supervisors whose support is seen as instrumental to passing a condo conversion bypass proposal may have committed to support the controversial legislation when on the campaign trail last fall.
The most politically charged issue at City Hall these days is whether there are enough votes on the Board of Supervisors to pass legislation that would give relief to San Francisco tenancy-in-common unit owners who are complaining about high mortgage rates and the long wait to convert to a condo, which would allow them to refinance.
After nearly four hours of debate Monday afternoon, a vote on a proposal that would give San Francisco tenancy-in-common owners a one-time opportunity to bypass The City’s condo-conversion lottery system by paying a fee was postponed by a Board of Supervisors committee.
Emotionally charged tenant advocates and homeowners squared off against one another over the years-in-the making legislation proposed by Supervisor Mark Farrell with the backing of Supervisor Scott Wiener. Read More
Apartment owners desperate to convert their properties into condos may simply be able to pay up — a proposal that has been revived as The City searches for new ways to generate revenue. Read More