Upheld by San Francisco’s Board of Supervisors and signed into effect by Mayor Ed Lee, the first round of applications for expedited condominium conversion in San Francisco are being accepted as of today.
As the program which is slated to suspend San Francisco’s annual condominium conversion lottery until at least 2024 goes into effect, word on the street is that the owners of a five-unit building are preparing a legal challenge of the program, the impact of which could bring the program to a premature halt (and shouldn’t catch any plugged-in people by surprise).
Expedited Condominium Conversion Application: Group 1 []
Condo Conversions: The Clock Is Ticking For The Mayor To Act [SocketSite]
Potentially Problematic Condo Conversion Legislation Approved [SocketSite]