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Transcripts For KTVU KTVU FOX 2 News At Noon 20240713

Where the owner says he can barely keep up. Its been two months and for reporter owner john some its felt like much mcdonald says hes five days behind in getting bicycles repaired by the promise date longer. Finally today things are moving for customers. In that direction again in napa county. Two months after putting up a sign that said to go orders only its been an explosion i dont think anyone could have joe can finally do this. Im going to take that sign seen coming. Down. He said the first Available Service appointment is the beginning of june. A resident downtown joes, a lot of service. Jumped at the first chance to people pulling bikes out of the welcome back customers for dining service. A lot of folks ask me why their dishwasher closet they have not touched in doesnt get everything clean. I tell them, it may be your detergent. 10 years or so. Mcdonald said the high demand is equal Parts Service thats why more dishwasher brands recommend cascade platinum. Of older bikes in the

Transcripts For SFGTV Government Access Programming 20240713

And i want to tell you that what were seeing right now is not a cycle change. Its a structural change, and i am sure you are aware and seen the retailers and the retailers are shrinking the footprint and it is not the Large Department stores but even tenants that used to be 5,000 feet are shrinking to 1,000 feet and trying to deal with how to market the goods online and cross market both aspects. It has had a very structural change and quite frankly t vacancy rate at union square is the lowest that i have seen in 25 excuse me t highest in 25 years of business in union square. This there is, as we all know, a lot of vacancies that are happening. Barneys is going to close, forever 21 is closing, Williams Sonoma and the multifloor retailers are going out of business and those are the only ones that can occupy the upper floors. They are just not there. We have been marketing 146 geary for four years and talking to tenants initially to take the entire building because that works the best fo

Transcripts For SFGTV Government Access Programming 20240713

From 220 post. The likelihood that a Retail Business would want a stand alone third Floor Office Space that is accessible from an alley that provides minimal foot traffic, marginal street visibility and has some Security Issues is in our opinion simply less than minuscule. On the overhead, i want to post one more image which is looking at the alley from grant street and if you see the orange box, that is where the third floor business is. Pretty tough to see. Pretty unvisible. So with all that said, nothing prevents the third floor and the upper floors being turned back into retail if at some future point that becomes viable. Project does not include any physical changes that would preclude that, so i am going to let the project sponsor speak about the actual efforts to lease this building, but before i go, in your packet, you have support letters that collectively include 41 signatures in support of the project including a leter from members of the Street Building at 210 post which in

Transcripts For SFGTV Government Access Programming 20240713

Any other Public Comment on this item . Okay. With that, Public Comment is closed. Commission koppel. Its a thrill to see city kids opening up businesses in the city. Supported by other city kids. [applause] theres no clapping. I know everybodys happy but [laughter] also incredibly impressed with the outreach the project sponsor did with united save the mission, hence them being here supporting. And also the conditions they did agree to, we really hold in high value. So i really appreciate the project sponsor working diligently with the community. I really respect that the sponsor has Prior Experience working in the neighborhood. Obviously very overwhelming neighborhood support, filling in a vacant storefront. The nearby businesses are going to get busier. Theres going to be more people. People are going to be happier. Im highly supportive. I would like to see what other commissioners say. Thank you. Commissioner richards. So i accompany commissioner koppel and a few of the folks in th

Transcripts For CNBC Closing Bell 20240713

Date trade tensions resurface as china rebukes the decision to sign a bill backing protests in hong kong. And retail front and center as we get forecasts from adobe and the National Retail federation, forecasting strong Holiday Spending joining us for the hour is allied chief Investment Strategy lindsey bell here we go, a shortened day today but a lot of excitement. Whats driving the action . Well, you know, there is lower volumes today. Coming into the end of november, going into december, this is the seasonally strong period of the year earnings season was a good one retail sales pretty good retail earnings were good even though a mixed bag and so i think were in the period of pause until the new year. What are you paying close attention to today. Well, today, i think its really all about this is black friday about the retail environment and the consumer theyve been very confident, wages going up Unemployment Rate very low, near 50year lows can the strength of the consumer driving th

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