The nonpermitted use, and the recommendation would be without affecting whether or not that use was permitted, if you did have a lease commitment for a certain type of nonpermitted use that would exempt you for the tax. An example. There is flexible retail permitted in the southern half of the city and less so in other parts of the city. A conditional use will not permit that in many areas of the city. If a Property Owner of the vacant unit had a lease commitment, however, that deserves to exempt them from the tax. It shows they are trying to find a tenant and are on the ball. Whether or not the city wanted to grant a variance as needed is an entirely separate issue. To conclude the main part of the report is the problem ofvay cant store vacant storefronts is not divorced from the general issue of declining retail trade in San Francisco during a period of very strong Economic Growth in the city. It is possible to design this tax in a way that is positive and possible to design a tax in
Recession or not a property cannot find the tenant that is allowable even with conditional use but could find a tenant in the nonpermitted use, and the recommendation would be without affecting whether or not that use was permitted, if you did have a lease commitment for a certain type of nonpermitted use that would exempt you for the tax. An example. There is flexible retail permitted in the southern half of the city and less so in other parts of the city. A conditional use will not permit that in many areas of the city. If a Property Owner of the vacant unit had a lease commitment, however, that deserves to exempt them from the tax. It shows they are trying to find a tenant and are on the ball. Whether or not the city wanted to grant a variance as needed is an entirely separate issue. To conclude the main part of the report is the problem ofvay cant store vacant storefronts is not divorced from the general issue of declining retail trade in San Francisco during a period of very stron
What has happened is storefronts have been left vacant longer and longer as Property Owners have held the property off market for unknown reasons or are holding out for higher rents. The circumstances that have left a situation where every block has at least one and usually multiple vacancies, and that has led to blight, trash, graffiti and has pressed foot traffic. At one point had five vacant storefronts including two which would remain vacant since 2015 and have not been actively marketed in that time. Before i listen i listen to ted egans report on the amazon effect. It is important to explain one of the industries to be impacted by amazon, we have not seen sales decline since i assumed ownership in 2007. Our sales are up even 20 . Jessica many other retailers, we have made up the sale. Internet has allowed us to increase our reaches and technology to increase our reach and seep employee our second week tap automated. The minimum wage and benefits have gone up over 60 and more to t
Consideration in all the questions that you posed around protecting the Small Businesses. That is really what we want to see here. Thank you so much. Thank you very much. Next speaker, please. My name is kristin. I wear multiple hats. I am a resident of the haightashbury and i own im here to speak on support of the vacant storefront tax. Something i have been speaking with. I assumed the role of owner nearly 12 years ago. We have seen a Record Number of vacancies more than even from the lean years of 2008 and 2012. There have been any of the number of reasons for the business closure including retirement. What has happened is storefronts have been left vacant longer and longer as Property Owners have held the property off market for unknown reasons or are holding out for higher rents. The circumstances that have left a situation where every block has at least one and usually multiple vacancies, and that has led to blight, trash, graffiti and has pressed foot traffic. At one point had f
Trade. I am taking the d. B. I. Total revenue they collected from the vacant buildings and divided by an average fee to get a rough estimate of the number of buildings. They would not all beep subject to the tax they are not all ground floor retail buildings. The main point. This is a phenomenon with the business cycle. Supervisor peskin alluded this is not a major revenue generator. We dont have a great way to make the estimate. If it works as intended, particularly good times it should be a low number, less than 1 million per year. In the scenario of a deep rescission where a number of buildings are vacant we could see it raising 5 million a year. It is hard to imagine it being bigger than that. In terms of how it affects the economy, it depends how tailored it is. If it is tailored correctly it is positive for the economy. Vacancies reduce the quality of the air. They reduce the opportunities for multistop shopping behind value added of clustering of retail centers. To the extent to