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SFGTV2 March 15, 2013

The tenants move out. This building has three empty units and three rent controlled units, and once the unit is empty, once the building is completed, they would be going to market at regular rate, is that correct . There are certain protectionses for the three tenants that are remaining in the building and theyre subject to rent controlled protections. That would be for the rent board. But in terms of, yes, for the three that are vacant, when those are returned to the rental market after all the construction, those would be at market rate as any unit that is vacated in the city that is subject to rent control returns to market rate when its vacated. Then once the tenant occupies that, they are afforded rent control protectionses in the terms of the amount that the landlord can raise the rent every year. So, those units will all remain rent controlled, the sick units. And it would have to be i think they would have to any building that has a cfc after 1979 is subject to rent control. I

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