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In the absence of the proposed s. U. D. s removal of the Affordable Housing grandfather clause, the project would be required to provide 14. 5 or 14 of the 95 units as permanently affordable. The s. U. D. Language as proposed by supervisor farrell would require 17 of the 95 units to be affordable. Commensurate with the removal of the dwelling unit density control proposed in the geary masonic s. U. D. , increasing the number of dwelling units from 21 to 95, the Planning Department recommends that the s. U. D. S be modified to increase the Affordable Housing rate from the current requirement of 18 from rental projects to 23 and from the current requirement of 20 for ownership projects to 26 . At the a. M. I. Levels prescribed by section 413. 3 of the planning code. Its based on staff review of the level of de ....
Do you know if i can turn on oh, perfect. Thank you. First off, i want to thank all of you for your time this afternoon. And thank the supervisor and his staff along with the Planning Department. This is certainly a long and arduous process to get here. But one that weve been very excited about. I wanted to start off by giving you a little bit of context about the site itself. It is the site formerly of the lucky penny founded by geary and masonic. Immediately adjacent to trader joes. Its heavily serviced site of Public Transit and the future site of the geary Rapid Transit line as well, which is currently under construction there. Will actually be a stop for that right at masonic, immediately adjacent to the proposed development. I wanted to spend a few minutes, although the supervisor did do a great job of outlinin ....
We put the lobby in the center of the courtyard. As you come into the lobby, you can see through to one of the open spaces that ill show in a moment. And the two towers basically focus can around this organization. Behind the lobby and within the main court, we have this open space and this provides lighten and views to the fitness area. And similarly, we have another open space that is in modified rear yard with a flowthrough planter thats at the rear of the building. As im running short on time, ill point out quickly on the elevations you can, again, see the interdigitation of the facade and pronounced entriway and court yard and ill skip quickly to the roof where we also have our open space. Thank you. Im available for questions, of course. Ok. Thank you. President , my apologies. Theres one important condition that was in response to the neighborhood feedback that id like your permission to introduce. If thats ok. Ok. Can you give us a can you do it in a minute . Sure. Absolutely. ....
Cheryl im glad that you at the top of report brought the issue of money flows. I know it was last week that european investors were flooding money into u. S. Markets, we are looking at potentially dow 25,000 at this point. Its incredible to see the confidence around the world in u. S. Markets even if theres not political confidence and whats happening in the United States, is that a Fair Assessment . I think theres confidence in world stocks so people are confident in the u. S. But kind of everywhere with the treasury yield so low, stocks good look good in comparison. Lauren thank you for your perspective. We really appreciate it. Have a good weekend. Cheryl thats it for us, thank you for watching fbn am on ugly sweater day, National Ugly sweat er day. Maria thanks for joining us, tgif, it is friday december 15th, top sto ....
It is heartbreaking. It is really heartbreaking. That was the emotional nancy pelosi. Good evening everyone. Ed lee did not set out to be mayor. He ended up in room 200 more by fate than political ambition. He left an impression as evidenced by the thousands who visited city hall today to say goodbye. The mayor served almost 7 years that was almost 40 years ago when mayor George Moscone he and harvey milk were assassinated. Like now it came as a shock to the city. For more on todays remembrance we are joined by jana as San Franciscos city hall. Reporter the line stretched down the block and around the corner. Take a look at this so many people brought flowers messages candles. Right here to the steps of city hall. Some people were crying. Other people say they cannot believe the mayor is gone. As night fell San Francisco c ....