Morning Report: Real Estate Deals Dogged Faulconer’s Tenure
101 Ash St. / Photo by Adriana Heldiz
In the race to replace Mayor Kevin Faulconer, his disastrous handling of the city’s acquisition of a downtown high rise, which eventually had to be evacuated due to asbestos violations, nearly rose above all the other issues facing city residents as a campaign issue.
But the story of 101 Ash St. wasn’t the only troubled real estate transaction in the mayor’s tenure. He also fumbled the acquisition of an industrial property in Kearny Mesa to repair city fire trucks, and got wrapped in controversy over purchasing an indoor skydiving facility to turn it into a homeless services hub. In our ongoing look at Faulconer’s legacy as mayor, Lisa Halverstadt zeroed in on his handling of city real estate deals.