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"Tenant's current lease appears to grant tenants strong long term rent rate amount restrictions, unconventional method of rental payment, and possible occupancy rights until 2053."
The gentrification of San Francisco has been an ongoing source of tension between renters and working people who live in the city as well as real estate interests. A result of this conflict has been an emerging antagonism between longtime working-class residents of the city and the influx of new tech workers. A major increase of gentrification ...
Tenants and Owners Development Corporation, also known as TODCO, is a nonprofit organization that owns eight low-income apartment buildings in the South of Market neighborhood of San Francisco, California. Founded to oppose the redevelopment of the Yerba Buena corridor, [1] the organization is a prominent and influential opponent of housing ...
The Ellis Act (California Government Code Chapter 12.75) [1] is a 1985 California state law that allows landlords to evict residential tenants to "go out of the rental business" in spite of desires by local governments to compel them to continue providing rental housing. The legislature passed the Ellis Act in response to the California Supreme ...
San Francisco has the slowest permitting process of any large city in the United States. The first stage can take an average of 450 calendar days, and the second stage taking 630 days for typical multi-family housing, or 860 days for a single-family house, [3] and the second-most expensive construction costs in the world ($473 / sq. ft.). [4]
: 7 : 1 : 1 A 2019 study found that San Francisco's rent control laws reduced tenant displacement from rent controlled units in the short-term, but resulted in landlords removing 30% of the rent controlled units from the rental market (by conversion to condos or TICs) which led to a 15% citywide decrease in total rental units, and a 7% increase ...
50 California Street (also known as the Union Bank Building) is a 148 m (486 ft), 37- story office tower completed in 1972 at the foot of California Street in the Financial District of San Francisco, California. There is a plaza located at the base of the building. The building is owned and managed by affiliates of Shorenstein Properties .
Pacific-Union Club. The Pacific-Union Club is a social club located at 1000 California Street in San Francisco, California, at the top of Nob Hill. It is a well known club of the West Coast, [citation needed] clubs in the United States. It was founded in 1889, as a merger of two earlier clubs: the Pacific Club (founded 1852) and the Union Club ...