This legislation is super important to me and thank you, mr. Peskin. Thank you, networks speaker, please. And by the way, i have a new stack of speaker cards. Ryan thompson, paula millard, carrie blanchette, andrew simmerman, jeff jordan didnt tyler smittay. I would say veritose has many goals and one of the goal is to create small, quick improvements to convert temporary furnished rentals. One of the goals is they incentivize their employees financially to achieve the companys financial goals. So, basically, tenants are data in achieving these goals. So i think very much for your legislation on doing away with corporate rentals, as theyre counting on every tech worker that is making millions of dollars to rent these apartments and meanwhile, we have longtenants and when were traveling to San Francisco, its an environmental issue creating gas emissions. Thank you. Hi, i work with the community housing. Veritose is a trash Organization Company and they lack morals and dignity. But anyway, i just want to express my support for this legislation today and, you know, corporate rentals are ravaging are rentcontrolled Housing Stock in the midst of a housing crisis in sanfrancisco. We hear a lot of lip service about the housing crisis were in. Its good to see theres some legislation to actually fix the housing crisis that were in. Thank you. Thank you, sir. Next speaker, please. Good afternoon and thank you for allowing me to speak. My the coo of veritose. I would strongly object to the previous speakers. It is our long term goal tits d units. Were not in the business of renting intermediate length occupoccupancies. We have had to replummet because of the finding of lead and in addition, we have upgraded the electrical system which is no small feat and given the age of many in our portfolio, this is a necessary part of bringing these back to life. This is an important part of legislation and i thank you for the amendments that have been made to it a it. There are many legitimate uses for linked occupancy, so thank you for your consideration and i appreciate the opportunity to speak. Thank you. Next speaker, please. Im ryan thompson. I work for express Corporate Housing. The first thing i want to say, e were support any legislation that bans the use of rentcontrolled units. Ill keep this brief. I did want to comment on the proposed interim hard cap. We think it would be more effective to use a sort of percentagebased system maybe for buildings that are newer over some minimum unit count. Just so that this rental type can still be provided in a way that can meet shifting market needs or demands. Were worried that a hard cap would prevent people that do have a legitimate need for this type of housing for getting it. The thousandunit cap is lower than amounts in the city. We think going with a lower based system were be better. What mr. Thompson said was interesting because one of the aforementioned lobbyists that contacted me represented a National Trade organization like the corporate rental association of america. I met with them and they said what you said, hey, we dont want to do these in rentcontrolled housing, so that part is music to my eared. Ears. And were a part of that organization, so thank you. Thank you. Next speaker, please. Im corrine and i live at 1029 paige. We rented out to a shortterm basis to individuals, not corporations, such as travel nurses living there now, particularly during flu season, interns and, as well as people looking for permanent housing. I would like to continue to do that and im not sure that law will allow me to do that. So i dont go through a third party. I managed it myself. I do advertise on Corporate Housing by owner but they do not manage it for me. So im just telling you to be cautious and dont throw out all Corporate Housing and i shouldnt say Corporate Housing interim housing into one bucket. It does serve a need. I mean, were on the verge of a Global Pandemic and well need travel nurses here. A lot of them cant rent from those larger corporations because i charge less money for my rental than the bigger players do. Thank you for those comments. Supervisor safye and i were having a sidebar about the need between now and next week or whenever there may be more hearings on this, to clarify the less than nineunit definition and so i think i hear what youre saying and we can clarify that. Its a duplex but the building is from 1900. Very helpful, thank you. Thank you, supervisors. Im Paula Mallard and im with synergy housing. Synergy has spawned from oakwood Global Housing that existed for 60 years. Representing Corporate Housing, im also somebody who has been affected by the limited demand limited supply, high demand in San Francisco and also family in the east bay. So there are many, many items that impact that, not just furnished housing. What im here to say today, supervisor peskin, you addressed this in your opening remarks, at the end of the day, theres a huge demand for temporary housing and it is people that need temporary housing. Its not a company. Its not an entity, its people and theyre coming to San Francisco with a new job, getting opportunity to try out housing to see if theyll live in san francisc San Francisco f, many years. They then bring their families and invest their money into the local stores, Grocery Stores and restaurants and support that need. Also, going back to people, just in synergy alone, we have 300 employees. Im an employees and two service vendors, theres over 300 people and so i just wanted everybody to remember that at the end of the day, those people need housing, too. Thank you. Thank you. Next speaker, please. Im a district five voter and a member of the senior disability action and im here to support supervisor pesk rbgs ordinance to regulate rentals. As a senior, i have Major Concerns over the way these formally moderate activities have suddenly exploded into a new outlet for ringing greater amounts of speculative cash out of ou our high our finite housi. We continue to be swept away. The people in San Francisco have spoken in many ways. The ballots, surveys, town halls, emails to you, and our number one concern, as you know, is preservation and creation of permanent Affordable Housing. , not high priced, turnover transient housing. Anything that takes away from our goal goes against the Public Interest and so i feel it requires very careful tracking, close government supervision and the elimination of corporate ilos. Thank you. Thank you. I just want to make one comment that theres also a big difference between a corporate person and natural person and this actually defined this use as a use for natural persons, not corporate persons. And while i understand this Business Models vary, i can tell you the story in my district when i was on the board of supervisors, where United Airlines was renting a number of, yes, rentcontrolled use un, cycling in and out of different flight attendants and pilots and my response was, no, thats housing for people who need to live and work in sanfrancisco. You guys can rent a hotel and to their credit, they did. Sorry. Good afternoon. Im kathy lipskim. We already have rentcontrol units being taken away by lmis, landlord moves thi moveins and threated. We cant not think to turn rentcontrolled units into spaces for their executives. If anyone can afford hotel prices, its these guys and the Hotel Industry can use shoring up. Given the fall of the tourist industry, due to a dangerous pandemic flu, these corporate rentals should be strictly prohibited with the tightest possible language. Thank you in your efforts to make them negligibleentities. This speaks to the justbuild philosophy and everything will be ok, not. Thank you. Next speaker, please. Im from Housing Rights Committee and thank you very much for introducing this. We need permanent rental housing here in San Francisco for workers of all incomes, for families with children and seniors looking for units they can afford and we need to say no to ca cannibalizing the rental stock and changing the law later. We also need to corporate rentals increases on rentcontrolled tenants as landlords try to push them out to make increasingly amounts of money. We see landlords with patterns of harassment and using hearment harassment to displace tenants as their model. Company like veri. Your own compo stating its goal to convert units at 640 powell to furnish shortterm renta rentals and wht about 430 baker, 635 stockton and 125 conrad . Are these all furnished units. We need to stop pushing out long tern tetenantslongterm tenante. Ants. I work for star city with coliving communities. The tenants are from backgrounds and professions, hos hospitalitd the arts. In some cases theyre temporarily displaced by the wildfires. The average length of stay is 11 months. We have one project under construction thats in active reuse of a historic tenderloin bath house adding 5 55 middle housing units. We had 53 of the units will be below 54 in soma. We offer traditional landlords but longterm tenancy is encouraged. Our lease terms are not finite and we rent to individuals seeking to live and stay in San Francisco. The vast majority want to stay longterm and we offer lease terms because folks need it and they cant qualify or commit to a 12month lease even if they wanted to. Weve been working with supervisor peskins office and though we understand we may not be the subject, intended subject of this legislation, we have proposed a select view clarifying amendments to the author and the staff to give our business the ability to operate in our hometown. The first is the definition be clarified to leases to tenant uses and the definition between 30 day expos30 days and three tr months. Thank you. Next speaker, please. Hi, im a native of San Francisco, went to George Washington and i live in the city and went to school in the city and worked at almost every hotel over my career. Im currently the general manager for furnished quarters were a familyowned company and were 20 years in business. We support the legislation that you are putting forward with the adherence of, we dont want to affect any marginal housing. Were only looking at pardon me, supporting a cap as a percentage on the buildings. Were to the moving into neighborhoods, taking up housing, taking up Affordable Housing. Were trying to welcome new people into the city. Our guests would be the ballet dance, the nurse thats helping you, people relocating. Its a reflection of who the city is and these people do need to come and find their way in the city. I dont think many people can move into an apartment just upon arriving. We provide a service and act professionally. So we do support this, but we would like to see a percentage and maybe some clearer language into what type of housing the corporate rentals can be in. Put we donwe dont want to affy losing their home and we dont practise that way. Next speaker, please. Good afternoon. Im a tenant here in sanfrancisco and thank you for the opportunity to address you all. I wanted to make a couple of points that have already been made in part, but to drive home the idea of what it feels like to be a rentcontrolled tenant, who is experiencing what we call rentoviction. Its not just a construction that goes on endlessly and the water turnoffs and electricity turnoffs. At the end of the day, if tenants want to contest the increased cost passed through to them, as a part of all of the renovations often done to facilitate the intermediate length occupancies, they have to go to rent board to try to fight those costs back and tenants have a difficult time doing that and are rarely successful. So its not only the environment thats created. Its raising rents for tenants who are in rentcontrolled units that would be otherwise protected by the annual cap. And just a couple of other points, im a medical student at ucsf and ive contributed to the care that people come here from across the country to seek the services that we have. Theres a place for those tenants here and i hope that the supervisors will make an amendment that would allow for patients to come and stay. Finally, just to the point about care providers who have to come to San Francisco in order to administer care to these patientses, theres always a the patients, i will say that ucsf and Anthem Blue Cross and a number of other people have plenty of money to buy a building. There are 76 for sale and i think they could probably afford one. Theres a way to facilitate housing for those folks, but it does not have to come ough at te expense of protecting longterm tenancy for San Francisco. Next speaker and if there are others after miss nu, please line up to my left, your right. Good afternoon. Im peter cohen with community housing. Our member organizations are in the business of providing longterm permanent, Affordable Housing so this issue of how our housing supply, very limited housing supply is used is very important to us and weve been giving feedback on the legislation. Theres been a lot of innovation of the using stock. Youve been around, live, work, we have had shortterm rentalled, corporate rentals and these are innovative ways to provide housing for folks that are not, say, your traditional longterm residents. But this legislation is sensible in the sense that its just a way to define and therefore be able to regulate one of the activities. Some folks may want to shut this down entirely and others may want a narrow provision but you cant do anything until youre able to define it in the code and decide what the best regulatory policy is. Arguably, shortterm rentals was too late and should have been done earlier. I think a lot of us feel that use may be working fairly well, but a lot of rough and tumble to get there. So i think in this situation, your ilos are no particularly different. Its a use that needs to be managed. I what i found interesting at the Planning Commission, the operators are already using the term, intermediate length occupancy, so theyve sort of, if you will, conceded to this, this needs to be a regulated use. Its interesting where you look the the prices of the listings, 5,000 a month. If you did the calculateses, it requires a salary of 180,000 a year. So what kind of housing is appropriate . I leave it to you folks to answer that. Miss nu . Im with the San Francisco apartment association. We spent a lot of time with the office doing research on this type of housing and weve determined that its probably in rentcontrolled stock, less than 1 of the housing. We counsel people they cannot rent for less than 30 days and any rental after 30 days falls under the rentcontrol ordinance and we dont differentiate between Corporate Housing, ilo or regular housing. If its rent control, its rent control. So our goal is try to see if we can get a percentage of these units in rentcontrolled stock in the bigger properties, Golden Gateway and others grandfathered in to continue to provide housing to the ballet, the theatre, visiting nurses, students, relocation for seismic work, relocation when ccdc had to do their rebuild and its a Necessary Service thats provided whether its in rentcontrolled stock or nonrentcontrolled stock. I understand the limitations, but i think we can work on a grandfathering of 1 , 3 , 5 , Something Like that, if thats feasible to the board. Thank you. And more importantly, having looked at that a little bit, feasible for the city attorneys. So a little complicated i think the devil is in the details but were willing to work on that to see what we can do to provide that capacity, because i hate to see good people seeking housing be displaced when its been provided for years for them. Like a lot of the professors at sf state stay at park merced and theyre only there for a ninemonth tenure. If they want to stay, theyre under rent control. Thank you. Im sensitive to that issue. While were having this conversation, i have to say i had a graduate student, intern last summer, who went and got some of these contracts. This is, by the way, in no means to your organization, but some of these online Business Models actually, illegally and in contravention of the eviction protection controls that exist under local law actually had staying beyond the ilo term as a justcause for eviction in the contract. And i just want to put that out there because anybody who is doing that should stop doing that because its illegal. We have to control over the creative tech industry. There is that, thank you. [ laughter ] next speaker, please. Good afternoon, supervisors. Im lisa aubrey and im a resident of district 5 and a longtime rentcontrol tenant. Indulge me for a moment in an exercise. How many times a week do you busy supervisors go out to eat or engage the services of a restaurant or a cafe . I would waive wager you do so d. Our local restaurants are struggling to stay in business. My partner is the director of operations for state bird provisions and the progress restaurant and they have a staff of over 120 employees. Theyre looking to expand restaurant spaces but a land on this local, thriving business is turnover of their employees because their employees cannot find Affordable Housing. Restaurant workers can make a decent living but cannot pay the rent. So i would ask you to consider that, the primary drag on these restaurants financial viability, the constant turnover of their workforce and i support supervisor peskins legislation and i ask you to please consider and help the local workers and the small local bu