📰 Transferable Development News
Page 4 - Transferable Development News Today
Fast, Ad-Free News Updates
Stay updated with breaking news from Transferable Development. Real-time updates on events, politics, business and more.
June 20, 2024
Next meeting. Supervisor mark farrell okay, we have a motion to continue this item to january 29th. Chair make well thank you for being here as well. I look forward to talking to you about that in further detail. Well accept that without opposition. Madam clerk please go to item 1. The clerk item 131193 agenda[sale of Transferable Development rights war memorial complex 301 and 401 van ness avenue]1311931. Sponsors mayor; chiu and wienerresolution authorizing the director of property to sell up ...
June 20, 2024
Looking more particularly at the submarket that is affected western so soem a. Here you see a calculation for western soma 50. 33 a square foot. This transaction is now at 38. 50. For class a. All spaces at 45. So no matter what metric you choose, this is a favorable transaction in terms of the dollars per square foot that the city has negotiated at this location. In case you did not catch that on the chat. Chart. Sometimes they are small. Overall rate is 59. 01 citywide. We have an allowance pr...
June 20, 2024
Corporation, and that again, was a mixed use, recreation project and had too much retail and did not achieve the kind of public consensus needed to get through the public process and so on that basis, we see that there are really still some work to do, with our relations with the community, and that will come forth and our recommendations for fostering those further conversations. And in the Ferry Building area, i think that this building reflects all of the accomplishments and the success of ho...
June 20, 2024
Knowing that hoa fees can go from 5 hundred to 4,000 a month a high amount for our middleclass residents. Supervisor cohen a expressing shock at 4,000 a month hoa fees but thats some of the fees by your luxury condos and those highrise condos 181 represents a general writing we efforts for folks to live in the area and become active members were working hard to obtain and finally, i want to say our office is working with the Mayors Office of housing to explore the concept of developer fees we re...
June 20, 2024
Their unit theyll pace 85 million they ocii has negotiated this developer will now pay 13. 8. 03 times more than what they would have paid only for the creation of Affordable Housing within the transbay project area to really counter some of the concerns b around segregation were assuring those below market rate will happen in the neighborhood two blocks away from fremont vs. The 11 units on site and the 65 new units will be available 60 percent ami and that will again only to 10 units in the bu...
June 19, 2024
Looking more particularly at the submarket that is affected western so soem a. Here you see a calculation for western soma 50. 33 a square foot. This transaction is now at 38. 50. For class a. All spaces at 45. So no matter what metric you choose, this is a favorable transaction in terms of the dollars per square foot that the city has negotiated at this location. In case you did not catch that on the chat. Chart. Sometimes they are small. Overall rate is 59. 01 citywide. We have an allowance pr...
June 19, 2024
Require another 1. 1 million. That is addressed in the lease. We do have options on how we want to deal with that at the time that the final true up numbers of cost of tenant improvements are before us later this year, the next fiscal year in 1415. We can pay that amount at once. We can choose to roll that into other Debt Services items that we may have before us at that time or we can have the landlord act essentially as a bank for us. The cost of money is a little bit more expensive and the ag...
June 19, 2024
Them with just their proceedings. Will it be recorded or televised . I dont believe we have gotten that are down the road in terms of design, but certainly we have the ability and the conduits within the building to connect to city fiber so lots of opportunities exist. Supervisor john avalos great, thank you. Mr. Uptike. I would like to visit the current site and have a discussion with the director of the retirement board and with chuck which will be helpful. I would like to continue this item t...
June 19, 2024
Looking more particularly at the submarket that is affected western so soem a. Here you see a calculation for western soma 50. 33 a square foot. This transaction is now at 38. 50. For class a. All spaces at 45. So no matter what metric you choose, this is a favorable transaction in terms of the dollars per square foot that the city has negotiated at this location. In case you did not catch that on the chat. Chart. Sometimes they are small. Overall rate is 59. 01 citywide. We have an allowance pr...
June 19, 2024
Going to be coming up in the next item but many more blocks are going to be built out along the full name street corridor we want see a guideline that our residents can understand why and when their issued and some clear notifications and how the notification process happens i want to appreciate we have some standards and best practices in place and dbi has outlines some of those that happens with dbi and, of course, like our contractors to be valuable to our residents i do imagine this will be ...