It’s amazing, but the legal rakes are still dragging the depths of the muck — ordinary bribery and slush — and dredging up more wallowers in the City’s construction permitting process.
https://news.yahoo.com/san-francisco-public-utilities-chief-022246061.html
So what? Municipal bribery, blah blah The reason it’s in View at all, is that my brother Chris used to live at that address, when it was a fantastic, unique, funky (affordable) old light-industrial mixed-use loft. It is important to remember that even when the building was torn down for spec luxury condos six or more years ago, the avalanche of homelessness, the displacement and diaspora to the East Bay of maybe 100,000 dyed-in-indigo San Franciscans, the loss of civic identity, dying local businesses, and collapse of affordable livability, were already in full swing and much discussed. Yet this project and thousands like it, were then and are still being, built. And sitting empty. Where once lived thousands of folks.
https://sf.curbed.com/2020/2/28/21157317/555-fulton-nuru-housing-development-san-francisco-fbi
https://sfist.com/2020/02/27/14-subpoenas-issued-by-city-attorney-relating-to-555-fulton-project/
https://sf.curbed.com/2020/3/11/21174475/tom-hui-fraud-scandal-555-fulton-san-francisco
It’s not “the market” that’s hollowing out America’s cities, not when greedy developers are flinging their phony money around to undermine or skirt regulations and approvals. The market MEANS, that there are rules and regulations and truth and clarity in the transaction, so that when something is valued, it is actually valuable. There is nothing healthy or natural about turning cities into grids of dead empty boxes on spec.
