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A new law fast-tracking affordable and mixed-income housing is paying off in San Francisco. Plans for the tallest-ever apartment building in the city are being fast-tracked under the new state law. The tower at 530 Howard Street will be the tallest residential building in San Francisco and the third-tallest building citywide, the San Francisco Chronicle reported. Newsom signed more than 50 housing bills last month that loosen restrictions imposed by CEQA, fast-track affordable housing projects, and encourage more dense, infill residential construction. "Turning a parking lot into housing, including affordable housing, is exactly what we need to do to build a stronger, more resilient San Francisco," Breed said in a statement to the Chronicle.
Persons: , Bill, Paul Paradis, Paradis, Gavin Newsom, Newsom, San Francisco Mayor London Breed, Breed Organizations: Service, Affordable, Commission, Supervisors, San Francisco Chronicle, JPMorgan Chase, Gov, CEQA, San Francisco Mayor London, Bloomberg Locations: San Francisco, Bay Area, Francisco, , California, Washington
The Story About the Story About San Francisco
  + stars: | 2023-11-16 | by ( James Freeman | ) www.wsj.com   time to read: 1 min
San Francisco Mayor London Breed at a flag-raising ceremony for the APEC Summit last week at City Hall. This column recently noted the feverish effort by San Francisco officials to present their city as safe and thriving while dignitaries are in town for the Asia-Pacific Economic Cooperation summit. Mayor London Breed is especially eager to create a new media narrative about the city’s problems. But headlines don’t invent themselves and this week brings yet another reminder that if Ms. Breed doesn’t want media outlets to write stories about lawlessness then she will need to enforce laws.
Persons: Eric Risberg, London Breed, Breed Organizations: San Francisco Mayor London Breed, APEC, City, San Francisco, Economic Cooperation, London Locations: Asia
Top business leaders in the U.S. meet Chinese President Xi Jinping in San Francisco, California on Nov. 15, 2023. Apple CEO Tim Cook, Tesla chief Elon Musk and Blackrock's Steve Schwarzman were among the guests Wednesday night at a gala reception and dinner in San Francisco for visiting Chinese President Xi Jinping. San Francisco Mayor London Breed also had a spot at the head table. According to the place cards, Cook was seated next to Chinese Minister of Commerce Wang Wentao. Event organizers said Musk attended the VIP reception, but did not stay for the dinner.
Persons: Xi Jinping, Tim Cook, Elon Musk, Steve Schwarzman, Xi's, Joe Biden, Biden, Xi, Marc Benioff, Stan Deal, Raj Subramaniam, Ryan McInerney, Ray Dalio, Albert Bourla, Janow, Larry Fink, Gina Raimondo, Nicholas Burns, Kurt Campbell, San Francisco Mayor London Breed, Cook, of Commerce Wang Wentao, Musk Organizations: Apple, Tesla, U.S ., China Business Council, National Committee, U.S, China Relations, United, Boeing, FedEx, Visa, Bridgewater Associates, Pfizer, Mastercard, BlackRock, Commerce, White House, San Francisco Mayor London, of Commerce Locations: U.S, San Francisco , California, San Francisco, United States, China, White House China
SAN FRANCISCO (AP) — World leaders, CEOs, protesters and thousands of others will soon descend on San Francisco for a global trade summit that could give the battered city a chance to reverse its image of an economic powerhouse now in decline. As host, San Francisco and the city's partners are polishing sidewalks, scrubbing away graffiti and moving homeless people to accommodations indoors. “It shows that San Francisco isn’t dead,” he said, adding he believes “there's an appetite for things to change” despite negative media narratives. This month, Air China resumed direct flights between San Francisco and Beijing after suspending flights just before the pandemic. —-Associated Press journalists Haven Daley in San Francisco and Huizhong Wu in Bangkok contributed to this report.
Persons: Joe Biden, Xi Jinping, London Breed, Breed, , , Gavin Newsom, Newsom, Janet Yellen, Karl Kramer, LaunchSquad, Gilbert Manirakiza, Chotto Matte, Kurt Zdesar, San Francisco isn’t, , Azalina Eusope, ” Eusope, Jennifer Friedenbach, San Francisco, Emily Cohen, Malcolm Yeung, Haven Daley, Huizhong Wu Organizations: FRANCISCO, Economic Cooperation, Francisco's, United Nations, London, Associated Press . California Gov, San Francisco, Fox, Treasury, San, APEC, San Francisco Living Wage Coalition, San Francisco Giants, dreamers, Coalition, Homelessness, city's Department of Homelessness, Air China, Chinatown Community Development Center, Associated Press Locations: San Francisco, Asia, United, Francisco, San, U.S, Israel, Kenya, Chinatown, Malaysian, Tenderloin District, Beijing, Tourism, China, Bangkok
Many housing advocates are also disappointed that Newsom vetoed a bill — AB 309 — to create "social housing" on government-owned land. Resnikoff, whose organization endorsed the effort, noted that the state's current fiscal conditions make it very hard to pass housing policy that requires funding. Advocates are quick to point out that California housing policy has impacts far beyond its borders. How effectively California deals with its housing affordability issues also directly impacts other states' housing markets. The migration of California residents to places from Texas to Oregon has put additional pressure on those states to provide even more housing.
Persons: Gavin Newsom, , Ned Resnikoff, Chris Elmendorf, State Sen, Scott Wiener, Elmendorf, San Francisco Mayor London Breed, Breed, that's, Resnikoff, Brittany Murray, Newsom, Alex Lee, Lee, Eric Adams Organizations: Service, California, UC Davis, UC Berkeley, State, San Francisco Mayor London, Bloomberg, UC Berkeley's Terner, Housing Innovation, Habitat, Getty, New York City Locations: California, Francisco, San Francisco, Washington, Long, Greater Los Angeles, Vienna, Austria, Singapore, Central, Southeast Asia, New, Texas, Oregon
More than 100 mayors attended Bloomberg CityLab's Mayors Innovation Studio to learn about using artificial intelligence in city government. James Anderson, head of government innovation programs at Bloomberg Philanthropies, introduces mayors to the Mayors Innovation Studio on AI. The focus of Wednesday's session was primarily on how generative AI may streamline processes for cities or offer new insights to make them safer or more efficient. More than 100 mayors attended Bloomberg CityLab's Mayors Innovation Studio to learn about using artificial intelligence in city government. The event sought to give mayors a starting point for how to think about implementing generative AI into their processes.
Persons: Bloomberg Philanthropies, they're, James Anderson, Anderson, Mitch Weiss, Weiss, ChatGPT, chatbot, they've, Breda, Santiago Garces, Garces, Tim Kelly, Kelly, Andrew Ginther, Ginther, we're, Breed Organizations: Bloomberg CityLab's, Innovation, Bloomberg, Congress, Harvard Business School, Boston, CNBC, Center for Government Excellence, Johns Hopkins University, AI, San Francisco Mayor London Breed, YouTube Locations: Washington ,, Washington, Boston, New York City, York, Buenos Aires, Argentina, Chattanooga , Tennessee, Columbus , Ohio, coders, India
The upcoming elections will also test the longstanding political sway of the San Francisco Bay Area. Dianne Feinstein is pictured on March 21, 1984, during her tenure as mayor of San Francisco. For generations, the center of political gravity in California has been in the San Francisco Bay Area. AdvertisementAdvertisementVice President Kamala Harris is a former San Francisco District Attorney. And Feinstein, a former San Francisco mayor, served in the Senate from 1992 until her death last month.
Persons: , Nancy Pelosi, Kevin McCarthy, Dianne Feinstein —, McCarthy, Pelosi, Andrew Harnik, Arnold Schwarzenegger, Steve Poizner, Steve Scalise, Jim Jordan, Hakeem Jeffries, Gavin Newsom, Sen, Feinstein, Dianne Feinstein, Eric, Kamala Harris, Newsom, Jerry Brown, Barbara Boxer, Ron Dellums, Southern California . Sen, Alex Padilla, Harris, Laphonza Butler, Butler, Katie Porter, Adam Schiff —, Barbara Lee Organizations: San Francisco Bay Area, Service, Capitol, House Democratic Caucus, Senate Intelligence, AP, California Republican, Gov, San Francisco, Oakland, San, Southern California ., Democratic, Southern California . Rep, Locations: California, San Francisco Bay, Bakersfield, San Francisco, Louisiana, Ohio, New York, Eric Risberg, San, Southern California, Los Angeles, Bay, Orange
SAN FRANCISCO (AP) — Vice President Kamala Harris and Senate Majority Leader Chuck Schumer will be among those delivering remarks at Thursday’s memorial for the late U.S. Sen. Dianne Feinstein on the steps of San Francisco City Hall, where she served as the city’s first female mayor. She wasn’t afraid to go after what she wanted,” said Lawanda Carter, 48, of San Francisco. Former U.S. House Speaker Nancy Pelosi, also of San Francisco, and Mayor London Breed were among the officials who paid their respects. Gavin Newsom, himself a former San Francisco mayor, and former California Gov. She steered San Francisco through the HIV and AIDS crisis, bringing attention to an epidemic ignored by President Ronald Reagan.
Persons: Kamala Harris, Chuck Schumer, Sen, Dianne Feinstein, Feinstein, , Lawanda Carter, ” Carter, Feinstein’s, Nancy Pelosi, Adam Russell, Joe Biden, Pelosi, Feinstein's, Eileen Mariano, Gavin Newsom, Jerry Brown, Barbara Boxer, ” Feinstein, George Moscone, Harvey Milk, Georgia Otterson, Feinstein wasn’t, , Joan Baez, ” Otterson, Ronald Reagan, , Newsom —, Breed, ” Breed, Dorothy Hudson, Cari Donovan, ” Donovan, “ I’m, Randy Herschaft, Christopher Weber Organizations: FRANCISCO, , San, San Francisco City Hall, City Hall, Former U.S, Mayor London Breed, D.C, San Francisco, California Gov, U.S, U.S . Senate, Supervisors, Democratic National Convention Locations: U.S, San Francisco, Washington, San, Georgia, Castro District, Francisco, ” San Francisco, New York, Los Angeles
Senator for California Dianne Feinstein's casket arrives at San Francisco’s City Hall, California, U.S., October 4, 2023. Feinstein's body will lie in state in the City Hall rotunda, with everyone from elected leaders to city residents expected to say goodbye. San Francisco would not be San Francisco without her. Mayor London Breed prays over the casket of Senator Dianne Feinstein at San Francisco City Hall before a public viewing in San Francisco, California, U.S., October 4, 2023. Senator for California Dianne Feinstein, who died at age of 90 as people pay tribute at San Francisco City Hall, California, U.S., September 29, 2023.
Persons: California Dianne Feinstein's, Carlos Barria, Sen, Dianne Feinstein, Feinstein, George Moscone, Harvey Milk, Ronald Reagan, London Breed, Gabrielle Lurie, Reuters Feinstein, , Francisco's, Barbara Boxer, San Francisco Mayor London Breed, Breed, Terrence Riley, Riley, Flowers Organizations: Democratic U.S, San Francisco’s City, San Francisco City Hall, D.C, San Francisco, of Supervisors, City Hall, Reuters, Democratic National Convention, U.S . Senate, San Francisco Mayor London, City Locations: California, San Francisco’s, San Francisco’s City Hall , California, U.S, San Francisco, City, Washington, Francisco, San Francisco , California, San Francisco City Hall , California
Feinstein's body will lie in state in the City Hall rotunda, with everyone from elected leaders to city residents expected to say goodbye. San Francisco would not be San Francisco without her. She really is,” said Riley, who signed a condolence book for the late senator at City Hall Friday. Mourners can pay their respects from 9 a.m. to 7 p.m.A memorial service will be held Thursday outside City Hall. —-Associated Press journalist Haven Daley in San Francisco and researcher Randy Herschaft in New York contributed to this report.
Persons: Sen, Dianne Feinstein, Feinstein, George Moscone, Harvey Milk, Ronald Reagan, , Francisco's, Barbara Boxer, ” Feinstein, San Francisco Mayor London Breed, Breed, ” Breed, Terrence Riley, , , Riley, Nancy Pelosi, Gavin Newsom —, John Konstin Sr, Pelosi, Kamala Harris, Chuck Schumer, Joe Biden, Haven Daley, Randy Herschaft Organizations: FRANCISCO, San Francisco City Hall, D.C, San Francisco, of Supervisors, City Hall, Democratic National Convention, U.S . Senate, San Francisco Mayor London, City, Gov, San, Democratic, Breed, Hall, U.S, Associated Press Locations: U.S, San Francisco, City, Washington, Francisco, California, New York
Dianne Feinstein once stood at the center of a pivotal moment in LGBTQ+ history. Decades later, in death, she's being lauded by LGBTQ+ leaders as a longtime ally who, if she didn't always initially do the right thing, was able to learn and evolve. The suspect is Supervisor Dan White.”George Moscone was the liberal mayor of San Francisco; Milk was California’s first openly gay elected official. The Human Rights Campaign, a large LGBTQ+ advocacy group, cited Feinstein’s “sterling record of support for the LGBTQ+ community." And it was one of the hardest moments, if not the hardest moment, of my life,” Feinstein told the San Francisco Chronicle in 2008.
Persons: Dianne Feinstein, she's, didn't, Feinstein, Moscone, Harvey Milk, Dan White, ” George Moscone, Milk, California’s, White, Stuart Milk, supervisor's, , ” Milk, Feinstein’s, ” Feinstein, “ don’t, , Joe Biden, Gavin Newsom, George W, Bush, Matthew S, Kierra Johnson, Randy Shilts, “ Milk, Sean Penn Organizations: of Supervisors, grimly, , AIDS, Navy, Rights, San Francisco, Republican, Los Angeles Times, National, Task Force, San Francisco Chronicle Locations: San Francisco County, San Francisco, California, Los Angeles, Francisco
Progressives want Gavin Newsom to tap Rep. Barbara Lee to succeed Dianne Feinstein in the Senate. But such a move would reverse Newsom's earlier pledge to appoint a caretaker to the seat. "When Newsom appointed Padilla for VP seat he didn't appoint a caretaker," Khanna wrote. "She would be most prepared to step in and carry forth the work Senator Feinstein has worked on for so many decades," she told the newspaper. Lee said earlier in September that she was "troubled" by Newsom's thinking on what was then a hypothetical Senate appointment.
Persons: Gavin Newsom, Barbara Lee, Dianne Feinstein, Lee, Feinstein, Adam Schiff, Katie Porter, , Dianne Feinstein's, Newsom, Barbara Lee —, who's, Ro Khanna, Sen, Alex Padilla, Padilla, Kamala Harris, Khanna, Newsom's, Aprill Turner, Turner, Anish Mohanty, didn't Organizations: Service, San Francisco, Golden State, Oakland, Lee's Senate, Senate, America PAC, Heights, Washington Post, Democratic Party Locations: California, San, Golden
Gavin Newsom on Monday praised Kamala Harris as "absolutely" the best running mate for Biden. The outspoken California governor is widely seen as a future Democratic presidential contender. Gavin Newsom on Monday gave a full-throated endorsement of the Democratic presidential ticket, arguing that Vice President Kamala Harris was "absolutely" the best running mate for President Joe Biden next year. When asked by CNN's Dana Bash whether Harris was the "best person to be on the ticket" with the president, Newsom was unequivocal in his support for his fellow Californian. "Biden-Harris administration, master class in terms of performance — bipartisan deals on infrastructure, bipartisan deals on guns and debt ceiling, on the CHIPS and Science Act."
Persons: Gavin Newsom, Kamala Harris, Biden, Newsom, Joe Biden, CNN's Dana Bash, Harris, she'd, , who's Organizations: CNN, Democratic, Service, San Francisco, The Associated Press, NORC, for Public Affairs Research, Associated Press, Fox News Locations: California, Wall, Silicon, San, San Francisco
It shifted all the blame to San Francisco,” American Eagle said in the complaint. American Eagle signed its lease with Westfield in 2017, and it expires in 2028. Once a bustling retail center in the heart of San Francisco, the San Francisco Centre has taken a significant hit in the past few years. San Francisco Mayor London Breed has proposed tearing down abandoned retail spaces, including the Westfield mall. As San Francisco’s downtown area has struggled over the last three years, property crimes and retail thefts have risen, according to San Francisco Police Department data.
Persons: , San Francisco Mayor London Breed Organizations: New, New York CNN, Eagle, Westfield, San Francisco Centre, American Eagle, “ Westfield, Nordstrom, San Francisco, San Francisco Mayor London, CNN, San Francisco Police Department Locations: New York, San Francisco, Westfield, Banana Republic, Union, Francisco’s
“I hope this goes to the Supreme Court,” Newsom said. He previously blasted U.S. Magistrate Judge Donna Ryu in an interview with the San Francisco Chronicle but had not disclosed his administration's plan to file an amicus brief supporting the city's efforts to overturn the ruling. Her decision has drawn rebuke from Democratic leaders in San Francisco, who argued in court last month for a reversal of the decision. Political Cartoons View All 1154 ImagesNewsom, the former San Francisco mayor, said he’s personally worked on cleaning up three encampments near San Francisco but that his staff stopped him from cleaning up a fourth due to a court ruling. Newsom was asked about the newly disclosed effort by Silicon Valley billionaires to build a new city between San Francisco and Sacramento.
Persons: Gavin Newsom, ” Newsom, Donna Ryu, Ryu, Newsom, he’s, , “ We’re, Joe Biden, Biden, He's Organizations: , Politico, San Francisco Chronicle, Democratic, San Francisco, , Republican, New York Times Locations: SACRAMENTO, Calif, — California, San Francisco, Sacramento, U.S, Boise , Idaho, California, China, Silicon, Solano County,
Gavin Newsom said that he'd appoint a caretaker to replace Feinstein should she leave office early. Newsom said he didn't want to "tip the balance" of the 2024 Senate primary by tapping a candidate. Feinstein, who has served in the Senate since 1992, is set to retire after the 2024 elections. "I don't want to get involved in the primary," Newsom told host Chuck Todd. The 90-year-old Feinstein, who has served in the Senate since 1992, is set to retire after the 2024 elections.
Persons: Gavin Newsom, he'd, Feinstein, Newsom, Dianne Feinstein, Adam Schiff, Barbara Lee, Katie Porter, Chuck Todd, Katie Hill, I've, Todd, Schiff, , Porter, Lee Organizations: Service, Press, California Democrat, San Francisco, Berkeley Institute of Governmental Studies Locations: Wall, Silicon, California
Mapping the exodusUnion Square has historically been a major commercial hub in the heart of San Francisco’s downtown. A complicated decline in downtownThe reasons for downtown San Francisco’s economic troubles are multi-faceted. In addition, San Francisco’s downtown has experienced a rise in its unhoused population. As San Francisco’s downtown area has emptied over the last three years, property crimes and retail thefts have risen, according to San Francisco Police Department data. Travel to San Francisco has yet to recover fully to pre-pandemic levels, according to data from San Francisco International Airport.
Persons: , , Elon Musk, Tesla, Francisco, , Lori Lincoln, San Francisco —, Lincoln, Breed, Alexander Quinn, Breed’s, Sarang Peruri Organizations: Los Angeles CNN, Lease, Google, city’s, Nordstrom, CNN, Westfield, San Francisco Centre, KGO, University of California, San Francisco Police Department, San Francisco International, San Francisco Travel, Tourism, San, Oxford Economics, Asia hasn’t, San Francisco Mayor London, Francisco’s, Oxford Capital Group, Ikea, IKEA Locations: Francisco’s, United States, San Francisco’s, Union, Westfield, San Francisco, San, California, Redfin, Palo Alto, Asia, Americas, Europe, Pacific, San Mateo, Lincoln, China, Downtown, Chicago
New York CNN —Ikea is opening a new store in downtown San Francisco Wednesday, bucking the trend of retailers closing in the city. Ikea is opening a new store this week in downtown San Francisco at 945 Market Street. While violent crime statistics in San Francisco have remained relatively low in recent years, property crimes have risen since 2020, according to San Francisco Police Department data. Activity this spring in downtown San Francisco, as measured by mobile phone use, was 68% below its pre-pandemic levels, the largest decline of any US city. In June, shopping mall operator Westfield announced it would give up control of its San Francisco mall, citing “challenging operating conditions in downtown San Francisco, which have led to declines in sales, occupancy and foot traffic.”A month earlier, Nordstrom, one of the biggest retailers in Westfield, said it would shutter both of its San Francisco stores.
Persons: San Francisco Mayor London Breed, Nordstrom, San Organizations: New, New York CNN, Ikea, Shoppers, IKEA, San Francisco Mayor London, San Francisco Police Department, Westfield Locations: New York, San Francisco, San, San Francisco’s Union, Westfield, Francisco
The owner of luxury San Francisco retailer Gump's warned that this holiday season "may be our last." He said San Francisco is "unlivable for its residents, unsafe for our employees, and unwelcoming to visitors." Gump's is located just off Union Square in downtown San Francisco. Chachas made his remarks in an open letter to California Governor Gavin Newsom, San Francisco Mayor London Breed, and the San Francisco Board of Supervisors in which he criticized their leadership, published as a paid-for ad in Sunday's edition of The San Francisco Chronicle. "Such abject disregard for civilized conduct makes San Francisco unlivable for its residents, unsafe for our employees, and unwelcoming to visitors from around the world."
Persons: Gump's, John Chachas, Chachas, Gavin Newsom, unlivable, San, Newsom Organizations: Service, San Francisco Mayor London Breed, San Francisco, of Supervisors, San Francisco Chronicle, Census Bureau, San, City, Statistics, San Francisco's Department of Public Health, Public, Whole Foods, Navy, Supervisors, Chachas Locations: San Francisco, Francisco, Wall, Silicon, downtown San Francisco, California, New York, Texas, Florida, San Francisco's, City and County
Dianne Feinstein alleges that the trustees for her husband's estate have engaged in "financial elder abuse." Katherine Feinstein, who filed the suit on behalf of her mother, alleges that Feinstein is being cut out of millions. Katherine Feinstein, a former San Francisco judge, filed the suit on behalf of her mother. In a previous suit, Katherine Feinstein alleged that the trust was not moving quickly enough to sell the Stinson Beach house. Katherine Feinstein concedes that the trust has never denied one of Feinstein's requests, but characterizes this claim as "misleading."
Persons: Dianne Feinstein, Katherine Feinstein, Feinstein, Richard Blum's, Sen, Dianne Feinstein's, Feinstein's, Blum, Michael Klein, Marc Scholvinck, Verett Mims, Klein, Scholvinck, Steven P, Braccini Organizations: Service, San Francisco Chronicle, California Democrat, San Francisco, D.C, Stinson, Claremont Locations: Wall, Silicon, California, San Francisco, Washington, Kauai, Berkeley , California, Feinstein's
San Francisco Mayor London Breed said Elon Musk is not "above the rules," Bloomberg reported. San Francisco Mayor London Breed doesn't appear to be a fan of Elon Musk's recent antics at X, the company formerly known as Twitter. The city of San Francisco received 24 complaints about the light-up sign, including that the sign was "poorly constructed" and disturbed nearby residents, CNN reported. The X sign is one of many issues Musk is facing in San Francisco. The company has been sued over allegations it has not paid rent at the San Francisco building, as well as had several lawsuits filed against it by former employees.
Persons: San Francisco Mayor London Breed, Elon Musk, Breed, X, Elon Organizations: San Francisco Mayor London, Bloomberg, Twitter, San Francisco Police Department, Department of, San Francisco, CNN, San Locations: San, San Francisco
CNN —Legendary singer Tony Bennett, best known for singing “I Left My Heart in San Francisco,” has died, according to his longtime publicist, Sylvia Weiner. From Tony Bennett Bennett was discovered by Bob Hope while performing at a New York City club in 1949. In 1963, his recording of "I Left My Heart in San Francisco" won Grammy Awards for record of the year and best solo vocal performance. ABC Photo Archives/Walt Disney Television/Getty Images Bennett and San Francisco Mayor Dianne Feinstein hang onto the outside of a San Francisco cable car before taking a test ride in 1984. His performance of “I Left My Heart in San Francisco” won Grammys for best record and best male vocal performance.
Persons: Tony Bennett, , , Sylvia Weiner, Bennett, Bob Hope, Frank Sinatra, Lady Gaga, ” Bennett, he’d, CNN’s Larry King, Susan Benedetto, Danny, Dae Bennett, Johanna Bennett, Antonia Bennett, Paul McCartney, Larry Busacca, Anthony Benedetto, Tony Bennett Anthony Dominick Benedetto, Hope, , , ‘ Anthony Dominick Benedetto, ’ ” Tony Bennett, Virginia Sherwood, Anthony Dominick Benedetto, John, Mary, John Jr, Tony Bennett Bennett, Bill Randall applauds, Patricia, D'Andrea, Daegal, Pat, collie, David McLane, Sammy Davis Jr, David Redfern, Louis Armstrong, Charlie Ley, Sandra, Malcolm MacNeil, Mirrorpix, Joanna, Howard Cosell, Dianne Feinstein, Feinstein, Jeff Reinking, David Letterman, Richard Drew, Patti LaBelle, Hans Deryk, Mark J, Terrill, Elton John, Scott Gries, Madame Tussaud's, Kevork, Tim Mosenfelder, Fernando Leon, Tina Turner, Robert Redford, Julie Harris, Suzanne Farrell, Scott Suchman, Kevin Winter, Billy Joel, York's Shea, Kevin Mazur, Duke Ellington, Brendan Hoffman, Stevie Wonder, Shahar Azran, Amy Winehouse, Kevork Djansezian, Susan, Michael Loccisano, Sean Zanni, Ball, Tony, San Francisco ”, , ’ ” Bennett, NPR’s Terry Gross, it’s, Clinton, JP Yim, you’re, “ It’s, Danny Bennett, kd, Elvis Costello, “ Tony Bennett, Jack Benny, Charlie Chaplin, Walt Disney, Gary Gershoff, , Sinatra, Jon Bon Jovi, Bono, ” Sinatra, “ Larry King, Ella Fitzgerald, Ella, Bing Crosby, “ Cheek, Cheek, Alzheimer’s Organizations: CNN, MTV, Recording Academy, Los Angeles Convention Center, Paramount, NBCU, Bank, Getty, Facebook, Columbia Records, Bettmann, Patrick's, NY, Smithsonian, Daily, Hulton, ABC, Walt Disney Television, San Francisco, United Nations, Super, Rainforest Foundation, New York's Carnegie Hall, San Francisco Giants, Kennedy, Apollo, New York's Radio City Music Hall, American Ballet, Children's Diabetes Foundation, Children's Diabetes, Radio City Music Hall, San, Clinton Global, New York Times, New York’s High, of Industrial Art, Kennedy Center, , AARP, Radio City Music, CBS Locations: San Francisco, New York, Los Angeles, Astoria , New York, Greenwich Village, New York City, Cleveland, St, Manhattan, Redferns, Washington , DC, View , California, Washington, Lady
Unlike past tech booms that have touched San Francisco, the generative AI craze brings fewer jobs, because AI firms excel at staying lean and automating work. "I think we should curb our optimism that San Francisco commercial real estate will bounce back because of AI," said Silicon Valley investor Jeremiah Owyang. Eleven of the country's top 20 AI companies are in San Francisco and have raised $15.7 billion collectively between 2008 and 2023. That amount is just 2.3% of the estimated 150,000 daily workers that downtown San Francisco lost during the pandemic. Reporting by Anna Tong in San Francisco; Editing by Sayantani Ghosh, Anna Driver and Matthew LewisOur Standards: The Thomson Reuters Trust Principles.
Persons: Carlos Barria, San, Jeremiah Owyang, Erin Price, Wright, OpenAI, Matt Schlicht, Mike Grabowski, Grabowski, Owyang, Lee Edwards, Daron Acemoglu, Anna Tong, Sayantani Ghosh, Anna Driver, Matthew Lewis Organizations: Intelligence, REUTERS, FRANCISCO, Reuters, Francisco, San Francisco Mayor London Breed's, San, Microsoft, Octane, Google, Nordstrom, Massachusetts Institute of Technology, Thomson Locations: San Francisco, California, U.S, Valley, NFX, Dubai
London CNN —Remote work risks wiping $800 billion from the value of office buildings in major cities worldwide by 2030 as the post-pandemic trend pushes up office vacancy rates and drives down rents, according to a new report. “Urban real estate in superstar cities around the world faces substantial challenges. In a more severe scenario, the value of office space could fall by as much as 42%, the consultancy said. Waning demand for office space has driven down landlords’ asking rents, with US cities suffering the sharpest falls, McKinsey found. In a moderate scenario, demand for office space could be 13% lower by the end of the decade than it was in 2019.
Persons: ” McKinsey, , Organizations: London CNN, McKinsey Global Institute, HSBC, ” McKinsey, McKinsey, Bloomberg’s Technology, San Francisco Mayor London Breed, Westfield Locations: Canary Wharf, Beijing, Houston, London , New York, Paris, Munich, San Francisco, Shanghai, Tokyo, United States, Francisco and New York
SAN FRANCISCO, July 8 (Reuters) - Venture capital firm Headline used to be in one of San Francisco's most eye-catching skyscrapers: the pyramidal Transamerica building that has defined the skyline for decades. Venture capital firms are increasingly joining retailers and other businesses in finding homes outside downtown San Francisco. [1/5]People enjoy the afternoon in Presidio, a former military base-turned-national park in San Francisco California, U.S., July 7, 2023. They're actually really excited," said Eurie Kim, whose venture firm Forerunner left downtown for the Presidio in early 2022. "Mayor Breed continues to implement strategic initiatives to help stabilize existing businesses and recruit new ones as part of her Roadmap to Downtown San Francisco's Future plan.
Persons: Mathias Schilling, Schilling, Rex Salisbury, Carlos Barria, They're, Eurie Kim, CBRE, Lisa Petrie, Jon Rehagen, Molly Martell, San Francisco Mayor London Breed, Breed, Colin Yasukochi, Krystal Hu, Peter Henderson, Rosalba O'Brien Organizations: FRANCISCO, Venture, Employees, Presidio, Westfield, San, Felicis Ventures, Forerunner Ventures, Letterman, Cambrian Venture, San Francisco Bay Area, REUTERS, Presidio Trust, Lucasfilm, Walt Disney Family Museum, Catalyst, Brand, San Francisco Mayor London, Downtown San, CBRE's Tech, Thomson Locations: San Francisco, Presidio, San Francisco Bay, San Francisco's, There's, Sand, Silicon Valley, South, downtown San Francisco, San Francisco California, U.S, Marin, San Francisco ., South Park, Downtown
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