.@sfbos and @LondonBreed’s office current arguing over whether to make substantial changes to housing approval process to get more affordable units for less money. Supes want to keep the old, unpredictable, more expensive process, of course.https://twitter.com/_fruchtose/status/1149370662886109184 …
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Kim-Mai Cutler Retweeted Kim-Mai Cutler
Again, SF’s planning department reviews more projects than any other major city in the US, and five times as many projects as New York City, because discretionary review is embedded in the charter.https://twitter.com/kimmaicutler/status/1148317151570251776?s=21 …
Kim-Mai Cutler added,
Kim-Mai CutlerVerified account @kimmaicutlerAs a result of this unique process, SF's planning department reviews *FIVE* times as many projects as New York's planning department does every single year, according to the SF planning department head: https://www.planetizen.com/node/81148/crises-and-innovation-converge-san-francisco-planning-director-john-rahaims-watch … pic.twitter.com/uGhQvqLM5qShow this thread2 replies 8 retweets 55 likesShow this thread -
Kim-Mai Cutler Retweeted Robert Fruchtman
It costs the city and taxpayers more to build middle-income housing than it does to build low- and very-low-income housing.https://twitter.com/_fruchtose/status/1149372720200572928?s=21 …
Kim-Mai Cutler added,
1 reply 3 retweets 36 likesShow this thread -
Now Aaron Peskin is defending SF's housing process, saying how great it is, and is citing MEDA, which originally opposed
@scott_wiener's SB35 and then used it.... to bypass SF's process!
https://www.sfchronicle.com/politics/article/Mission-housing-project-invokes-law-to-exchange-12815332.php …5 replies 0 retweets 58 likesShow this thread -
Kim-Mai Cutler Retweeted Sam Moss
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@SandraLeeFewer, the supervisor who represents the Richmond District, said that real San Franciscans don't earn more than $60K a year.https://twitter.com/sammymoss425/status/1149379380780490752 …Kim-Mai Cutler added,
7 replies 4 retweets 53 likesShow this thread -
It turns out that she just sold one of the at least three houses that she owns in SF. Bought for $440K, listed for $1.8M. Now in contingency. Someone making $60K a year could definitely not afford the mortgage implied by that price.https://www.redfin.com/CA/San-Francisco/273-Dolores-St-94103/home/955138 …
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Replying to @jackiehluo @kimmaicutler
It’s 2 units btw that’s the total sf for both
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$830/sq. ft is a deal for this location. Once Peskin can have a developer merge it into a monster SFH and then get the necessary DBI permits by greasing the wheels, it'll easily be a $1500 sq. ft property!!
1 reply 0 retweets 7 likes
assuming she sold it to a private buyer. I'd be curious what happens if/when it comes out of contingency in two weeks.
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I thought the small sites program was 5-25 unit buildings only? What are the sources of funding for 2 unit building acquisition?
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so I guess it probably will go to a private buyer. Guess we'll see in a few weeks. Wonder what the final price will be....
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