On March 3, San Francisco voters will consider Proposition E (“San Francisco Balanced Development Act”)[1], which links the City’s “Proposition M” office allocation scheme, originally approved by voters in 1986, to affordable housing production. Proposition M currently limits the amount of office space that the City may approve annually, with 875,000 square feet added to the allocation for large office projects (50,000 square feet or more) each year in October.
Continue Reading SF’s Proposition E Links Office Allocation to Housing Production

San Francisco Ballot MeasuresPrior to the November 8 election, we reported on the long list of local propositions on the San Francisco ballot, including a number of measures impacting real estate taxes, land use and governance.  The results were of course eclipsed by national news, but there are some significant local developments, updated here.

Continue Reading San Francisco Election Results: Which Real Estate Measures Passed?

Admittedly the issues may appear benign compared to the Presidential race and the drugs, sex and other provocative topics on the state ballot.  But San Francisco voters again face a long list of significant local propositions on November 8th, and among them are a number of measures impacting real estate taxes, land use and governance.

Unfamiliar Terrain summarizes the key measures impacting our industry:


Continue Reading A Plethora of Propositions: Real Estate Tax, Land Use and Governance on the San Francisco Ballot