And i want to tell you that what were seeing right now is not a cycle change. Its a structural change, and i am sure you are aware and seen the retailers and the retailers are shrinking the footprint and it is not the Large Department stores but even tenants that used to be 5,000 feet are shrinking to 1,000 feet and trying to deal with how to market the goods online and cross market both aspects. It has had a very structural change and quite frankly t vacancy rate at union square is the lowest that i have seen in 25 excuse me t highest in 25 years of business in union square. This there is, as we all know, a lot of vacancies that are happening. Barneys is going to close, forever 21 is closing, Williams Sonoma and the multifloor retailers are going out of business and those are the only ones that can occupy the upper floors. They are just not there. We have been marketing 146 geary for four years and talking to tenants initially to take the entire building because that works the best fo
From 220 post. The likelihood that a Retail Business would want a stand alone third Floor Office Space that is accessible from an alley that provides minimal foot traffic, marginal street visibility and has some Security Issues is in our opinion simply less than minuscule. On the overhead, i want to post one more image which is looking at the alley from grant street and if you see the orange box, that is where the third floor business is. Pretty tough to see. Pretty unvisible. So with all that said, nothing prevents the third floor and the upper floors being turned back into retail if at some future point that becomes viable. Project does not include any physical changes that would preclude that, so i am going to let the project sponsor speak about the actual efforts to lease this building, but before i go, in your packet, you have support letters that collectively include 41 signatures in support of the project including a leter from members of the Street Building at 210 post which in
Existing height of the building. The height restriction is intended to prevent projects like this one. Thank you. Thank you. Welcome. I am a 41yearold tenant, and all of these years they have been an asset to the neighborhood. The building has been vacant, pretty much vacant, and the paint has been peeling for the last four years. It is time to get going on this renovation. I think from my standpoint, i dont have all of the facts and figures. I think theyre going to do a good job, as they have done in the neighborhood. As i said, i have been there 41 years, i know the buildings that they own, and manage, and they are all beautifully kept. Thank you. Next speaker, please. Welcome. Good evening. And 33 years old, born and raised in the bay area. For the past ten years i have lived at 2908 octavia street. This is the residence that is directly next door to i fully support this project. It is something that needs to be done as soon as possible. There is a lot of work that needs to be done,
Separate do you deputy Zoning Administrator. We also have joseph duffy, senior building inspector representing the department of building inspections. The Board Meeting guidelines are as follows. The board request that you turn off or silence all phones and other Electronic Devices so they will not disturb the proceedings please carry on conversations in the hallway. Appellant appellants, permit holders, and Department Respondents are given seven minutes to present their case in three minutes for rebuttal. People affiliated with these parties must include these comments within the seven or three minute period. Members of the public were not affiliated have up to three minutes each to address the board and no rebuttal. Please speak into the microphone for rehearing and jurisdiction request, the parties have three minutes each with no rebuttal. To assist the board and accurate preparation of minutes, you are asked not required to cement a speaker carter Business Card to staff when you co
Space so that way would be adding an affordable dwelling unit. The proposed four as far an a. D. U. , it cannot exceed the existing height of the building. The height restriction is intended to prevent projects like this one. Thank you. Thank you. Welcome. I am a 41yearold tenant, and all of these years they have been an asset to the neighborhood. The building has been vacant, pretty much vacant, and the paint has been peeling for the last four years. It is time to get going on this renovation. I think from my standpoint, i dont have all of the facts and figures. I think theyre going to do a good job, as they have done in the neighborhood. As i said, i have been there 41 years, i know the buildings that they own, and manage, and they are all beautifully kept. Thank you. Next speaker, please. Welcome. Good evening. And 33 years old, born and raised in the bay area. For the past ten years i have lived at 2908 octavia street. This is the residence that is directly next door to i fully sup