Only in Ess Eff (how I miss Herb Caen)....
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Also, how many speculative investment properties does Mark Farrell own outside of the City of SF?
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Would they even care if this happened in Bayiew?
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This is a travesty. The rich get a pat on the back for failing to pay their own property taxes. Where's this compassion for the people living on the streets?
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I had no idea the BOS even had the power to do this.
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Guess we’ll find out in court
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I expect the courts will rule it was a lawful property tax default and auction, and that the BoS had no legal basis to do this.
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A quick look at Presidio Terrace tax assessments: many of the homes there are valued at $7-$12mm but assessed at under $500k.
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This is absolutely absurd!
End of conversation
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Also, are the in-town speculators any better? Retro Fit, a 21-year-old legacy business, is being forced to shut down thanks to these a-holes’ investment strategy: https://veritasinvestments.com/investment-strategy …
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