Right now, ambassador lighthizer is on his way which is why it is so curious to see the story being put out by the chinese, the wall street journal, you cant reach him at this very moment but, yes and this is important because both Speaker Pelosi came on mad money, this is a done deal, once you finish the articles of impeachment and the president wants this deal, talk about david during the break, but it is the one thing people seem to agree on in washington this is a good deal. And yet the a lot of the people i follow who are you get a democrat in the white house and companies are allowed to move back south again it not that adventurous to do so because of the big increase in wages. Those of us who do business in mexico can tell you the differential is not just cash. But it is also healthcare, where they have universal healthcare and this is a story about pollution control. Where both sides are now saying both democrat and republican, there may be some enforcement, plus control rules.
Clerk please make sure to silence all cell phones and electronic devices. Speaker cards should be submitted to the clerk. Items acted upon will appear on the february 27th board of supervisors agenda unless otherwise stated. Mr. Clerk, can you please call items 1 and 2. Hearing on the current status of the citys leased owned portfolio within the civic center and update on the Portfolio Five year plan. Item 2, potential three year enewly and amendment of a lease of approximately 27,826 square feet of space at 1390 Market Street with purchase 1390 market as landlord for use by the department of Public Health. Thank you. I think we have a presentation from john updike from the department of real estate . Thank you, vice chair fewer. Supervisor stefani. Before i get into the presentation, i want to the last time we gave a real estate Portfolio Update to this committee it was charmed by carmen chu which tells me we need to do this more frequently. But its a pleasure to be here today. Direct
Joined by supervisor stefani. Our clerk is mr. Victor young. I would like to thank sf gov tv, jessie and charles for broadcasting this meeting. Do you have any announcements . Clerk clerk please make sure to silence all cell phones and electronic devices. Speaker cards should be submitted to the clerk. Items acted upon will appear on the february 27th board of supervisors agenda unless otherwise stated. Mr. Clerk, can you please call items 1 and 2. Hearing on the current status of the citys leased owned portfolio within the civic center and update on the Portfolio Five year plan. Item 2, potential three year enewly and amendment of a lease of approximately 27,826 square feet of space at 1390 Market Street with purchase 1390 market as landlord for use by the department of Public Health. Thank you. I think we have a presentation from john updike from the department of real estate . Thank you, vice chair fewer. Supervisor stefani. Before i get into the presentation, i want to the last tim
This is a special meeting of the budget and finance committee. I am supervisor fewer, vice chair of the committee, im joined by supervisor stefani. Our clerk is mr. Victor young. I would like to thank sf gov tv, jessie and charles for broadcasting this meeting. Do you have any announcements . Clerk clerk please make sure to silence all cell phones and electronic devices. Speaker cards should be submitted to the clerk. Items acted upon will appear on the february 27th board of supervisors agenda unless otherwise stated. Mr. Clerk, can you please call items 1 and 2. Hearing on the current status of the citys leased owned portfolio within the civic center and update on the Portfolio Five year plan. Item 2, potential three year enewly and amendment of a lease of approximately 27,826 square feet of space at 1390 Market Street with purchase 1390 market as landlord for use by the department of Public Health. Thank you. I think we have a presentation from john updike from the department of rea
Portfolio. We want to thank the Controllers Office for their help in aggregating some of this data to help us visualize the status of our portfolio. So first, i wanted to take a 30,000foot view of what the city owns and leases. So our portfolio citywide contains approximately 44 million square feet of buildings and land, thats not including rec park holdings. That is within the city limits, so it does not extra territorial land which is significant outside the city and county of San Francisco. Of that, we lease from private properties only 4 . Of our portfolio. This has been an issue that is concern of the board of supervisors as we brought leases forward as to what is the constitution of our portfolio. This really tells the big story. Were at 4 . We had a discussion with many of our peer organizations across the country. We found an average range when you look at aggregate portfolio, there is a lot of land in the portfolios nationwide, they range from 14 . New york city, austin, texas