It’s worth reading Andy Sirkin’s overview and perspective on the Board of Supervisors vote to block the condo conversion of a lottery-winning six-unit TIC. Yes, the owners won the condo lottery but were still denied conversion based on Section 1386 of the City’s Subdivision Code. Sirkin writes:
Until the intentions of the Planning Commission and Board of Supervisors become clear, and until the meaning of Section 1386 is interpreted by those bodies and by the courts, the practical effect of the recent Board decision will be to create slightly more uncertainty in the already uncertain world of San Francisco condominium conversions. But given the incredibly poor odds of winning the condominium lottery, conversion should not be the basis for any purchase regardless of the outcome of the Section 1386 debate.
· Supervisors Disapprove Conversion Based on Section 1386 [Andy Sirkin]