Palo Alto Mayor: Slow job growth so housing becomes affordable again
 
Posted: 24 Aug 2016, 10:38 am
The mayor of Palo Alto is hitting back against criticism that the city is becoming too expensive to afford, saying in a recent interview that the Bay Area's massive job growth is to blame for any housing crunch the region may be experiencing ? and that the answer may be slowing job creation in the area. Mayor Patrick Burt made the comments in an interview with Curbed SF, initially in response to last week's resignation by Palo Alto planning commissioner Kate Vershov Downing, who said in an open?

Read the full article


Academy of Art is granted stay in building code lawsuit
 
Posted: 24 Aug 2016, 10:12 am
A lawsuit brought by the City of San Francisco against the Academy of Art University has been issued a stay this week, as the city continues to grapple with attempts to bring the school into compliance with building codes while dissuading other scofflaws. ?We are pleased that the court ruled ? at least temporarily? to stop the burden of discovery,? said Claudia Vetesi, an attorney for the Academy of Art University, in a statement to the Business Times. ?We are also pleased that we are?

Read the full article


July Construction Starts Slip 2 Percent
 
Posted: 23 Aug 2016, 6:30 pm
NEW YORK August 19, 2016, At a seasonally adjusted annual rate of $586.3 billion, new construction starts in July fell 2% from the previous month, according to Dodge Data & Analytics.

Read the full article


Does San Francisco's 25 percent affordable housing requirement go too far? Early reports say yes
 
Posted: 23 Aug 2016, 5:49 pm
Last June, San Francisco passed Prop. C, an initiative calling for 25 percent of new housing to be set aside for low-income residents, with the condition that the Board of Supervisors could change the number based on a feasibility study from the city controller. The previous requirement was 12 percent with some variation if affordable housing was built onsite or developers paid a fee instead. On Monday, a group of consultants working with the controller presented early recommendations suggesting?

Read the full article




Complete News Archive



Encore Electric Opportunity
Posted August 16, 2016