Ladies and gentlemen, friends, distinguished stakeholders, welcome to this historic sunnydale classic groundbreaking. [applause] we are honored to bring up our most distinguished guest, the leader of the city and county of franchise, please give a warm welcome to mayor london breed. [applause] mayor good afternoon, sunnydale are you here . [laughter] mayor all right. Im excited to be here today. I feel like i spend a lot of time here doing some amazing things. We know this is a long time coming. And, in fact, i keep going back every time we come to any of our Public Housing locations i continue to go back to when i grew up in the Western Addition in plaza east, and there were 300 units there that were torn down and only 200 built. And all over the city, we brought forth a program, through the federal government, called hope fix. You remember hope fix ran out of money, ran out of resources. And the people who were promised in places like sunnydale and all over the city, there was no sup
Department. Nothing . Department of building inspection . Commissioners, joe duffy, d. B. I. I will try to give you guys so explanation. There is a lot there are two sides to that story and i just read the brief last night. I was involved with the case. The permit that is under appeal is a revision to permit application 20181023901. It is under approval. [indiscernible] there were drawings with that permit. Now i refer back to the 2018 permit. The permit that that revised was four level one that had two bedrooms, a family room, a study , a laundry room, modify existing bathroom. Level two, change existing room, remodel the kitchen in the dining area, replace the furnace , so that was the original permit. [please stand by] to document the work, including means and methods and sequencing of the foundation work. That permit that was required is the permit thats under appeal. Thats the revision that d. B. I. Wanted them to get to document how they actually done the foundation. So what happ
Back up after going through a revolution in their country they. They came here with very little and they have worked 50 years to build what we are seeing happen today. This is truly a gift to the city and county of San Francisco. This is not something that is required. This is completely private land, privately financed by a family that wanted to give back to the city. I want to say thank you to the family for everything and you will their children and siblings and relatives for everything they did to make this happen. It is truly a gift. This even out paces the giants Ballpark Development omission rock, which is 40 affordable on public land. 50 will below market rate. Homesf set the income. He said he wanted lower than what we laid out in the city. We tried to do the remaining 50 as rent control. Sometimes the city gets in its way. I know they will continue to keep these rents affordable for this community. They are doing so much to give back to the city and county. We talked about th
Youre watching daybreak. Asia coming to you live from new york, sydney and hong kong. Were counting down to asias major market opens the top stories this hour. Asian stocks set to follow wall street lower as strong us retail sales signal rates may be higher for longer. Dollar strength sinking apac currencies to this years low decision day for the reserve bank of new zealand. With cooler inflation and higher unemployment supporting another hold. Plus, china said to mull cutting stamp duty on stock trades as defensive reaction to a surprise rate cut shows president xi facing more tough choices. Lets take a look at us. Futures now down. The stock market had kind of a tough day today. Were seeing now some green on the screen. However, just basically still pretty much unchanged. And in fact, the the feeling here was that retail sales in the us stronger than expected. Why wasnt that good for stocks . Because Neel Kashkari, part of it at least, president minneapolis fed says he doesnt think t
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