Small businesses in downtown San Francisco hit hard by worker exodus Economy San Francisco

Small businesses in downtown San Francisco hit hard by worker exodus Economy San Francisco

Small businesses in downtown San Francisco hit hard by worker exodus Economy - San Francisco HEAD TOPICS

Small businesses in downtown San Francisco hit hard by worker exodus

10/22/2022 5:02:00 AM

With the return to the office not being as immediate as many might' ve hoped downtown San Francisco businesses have been struggling

Economy San Francisco

Source

KPIX 5

With the return to the office not being as immediate as many might've hoped, downtown San Francisco businesses have been struggling. With the return to the office not being as immediate as many might've hoped, downtown San Francisco businesses have been struggling. "I'm still pretty convinced that things will get much, much better," he said.KPIX 5 met him about a year ago as he tried to figure out how to stay afloat until pandemic-related hybrid work faded away, and he'd get his typical Monday-Friday client base back. However, that hasn't really happened. "Business is very strange," he said."Very up and down."Hybrid work seems to be here to stay, which means fewer people are in downtown San Francisco on a daily basis.According to the latest data from an ongoing Bay Area Council survey of more than 100 employers, 56% of employers say they're operating at their new normal, and only 17% say they have employees in the office five days a week. Read more:
KPIX 5 » Brookfield Properties, Port of San Francisco consider Pier 70 changes - San Francisco Business Times Ex-owner of rundown San Ysidro property fined by San Diego City Attorney's Office Monster survey shows many are looking for a second job - San Francisco Business Times San Francisco spending $1.7 million on single public toilet that will not be open until 2025

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Clint Cosgrove is joined this week by Tennessee Offensive Coordinator Alex Golesh to discuss the Volunteers' hot start to the season and their exciting victo... Read more >> Brookfield Properties, Port of San Francisco consider Pier 70 changes - San Francisco Business TimesPrior to the pandemic, Google was in talks for a big lease at Pier 70—but the large-scale redevelopment project has struggled in the years since due to the changing market. Ex-owner of rundown San Ysidro property fined by San Diego City Attorney's OfficeThe former owner of a dilapidated San Ysidro property that city officials say exposed tenants to hazardous, unsafe conditions will pay a fine of more than $165,000. Monster survey shows many are looking for a second job - San Francisco Business TimesMore workers are looking for seasonal work in the fourth quarter. But experts say it's not just retailers that can benefit. San Francisco spending $1.7 million on single public toilet that will not be open until 2025 San Francisco plans to spend an “inexplicable” $1.7 million for a single public toilet that will not be finished until 2025, an assemblyman said. Why bother? Seems like everyone in SF just uses the streets and sidewalks for toilets... San Francisco saw big increase in vacant homes, new report showsThe number of vacant homes in San Francisco increased dramatically over the pandemic. Here’s why that matters for voters. CoyoteStrikes Squat! Sideshow crackdown could lead to tougher penalties in San Francisco San Francisco Supervisor Matt Dorsey proposed a series of strategies aimed at deterring stunt driving. It comes following a disproportional number of sideshows playing out in District 6, with close proximity to the Bay Bridge. Bout time they get tough Can we just make arrests? does it come with arrests? Leonid Plotkin has worked as a barber in San Francisco's Financial District for 33 years.Staff Reporter, San Francisco Business Times Oct 19, 2022 The Port of San Francisco says it is working with Pier 70 developer Brookfield Properties to explore “ potential modifications” to move the massive waterfront project forward.SAN DIEGO (CNS) - The former owner of a dilapidated San Ysidro property that city officials say exposed tenants to hazardous, unsafe conditions will pay a fine of more than $165,000, the San Diego City Attorney's Office said Wednesday.Updated Oct 19, 2022, 11:00pm PDT Soaring inflation has left many workers in need of additional income, and many are planning to pick up some extra work in the fourth quarter. But the last few haven't been easy. "I'm still pretty convinced that things will get much, much better," he said. Rebecca Benassini , the Port's deputy director of real estate and development, did not elaborate on what modifications are being considered, but said the Port does not anticipate any"material amendments to the project documents. KPIX 5 met him about a year ago as he tried to figure out how to stay afloat until pandemic-related hybrid work faded away, and he'd get his typical Monday-Friday client base back. The property's ex-owner, Jung Fang Chen of Los Angeles, will pay $166,837. However, that hasn't really happened. But an appraisal of a housing site known as E2 came up short in 2021, triggering a"downmarket delay" and relieving Brookfield of the time-sensitive obligation for at least a year. "Business is very strange," he said. Individuals who are pursuing second jobs could represent one of those avenues. "Very up and down. Benassini the unpredictable and blunt tool of reappraising E2,"  the Port and Brookfield are working together to"find pathways to move forward on the entire Phase 1 of the project, not just a single parcel. Chen was set to go to trial regarding the City Attorney's civil enforcement action, but agreed to a $500,000 penalty." Hybrid work seems to be here to stay, which means fewer people are in downtown San Francisco on a daily basis. According to the latest data from an ongoing Bay Area Council survey of more than 100 employers, 56% of employers say they're operating at their new normal, and only 17% say they have employees in the office five days a week. The appraisals can be conducted annually for five years before both Brookfield and the Port face “bigger consequences,” Benassini explained at a Port Commission hearing in April. Caitlin Northrop works a hybrid schedule at her San Francisco job. "This is a positive outcome in a case where families with small children were exposed to toxic mold, vermin and other safety hazards," San Diego City Attorney Mara W. "I did not think it would be permanent, but I'm kind of digging it," she said." The two parties are also working on site activation and marketing, Benassini said. About 44% want the additional income to pay for holiday gifts, but 36% are hoping to turn that work into a full-time position. It works well for her. However, she says she knows the trend may cause challenges for businesses that historically have relied upon the office crowds. It was lifted and restored as part of the project's first phase.. "I'm sure it's had a large effect on their profits," she said. Plotkin says a sense of consistency will help him adapt. " We are confident that we will see progress in the next year despite the challenging development environment, and we can always pivot to initiate a reappraisal if we feel that is the best path forward," Benassini said in an email. "It seems like people are free to choose when to come and when to stay at home, and all that inconsistency makes it very difficult to make my schedule," he said. “I know how challenging it is to find talent in this difficult labor market. For the restaurants in the Financial District, he says the inconsistency is,"a huge financial burden.3 million square feet of commercial space, which will be built out in the next 10 to 15 years on 28 acres of the Central Waterfront." "There are very few restaurants that can withstand people coming just a few days a week, buying lunch just a few days a week," he said. Plotkin still thinks he can make it work with people going into offices 2-3 days a week, but says an extra day a week would really help him and other business owners out.4 million to build underlying infrastructure for the neighborhood. "If hybrid work means people would come to work 4 days a week, that gradually will spread out during the week, it definitely could work," he said. The barber is staying optimistic, and will take some progress over none, as he adapts to his new way of doing business.75 million square feet, but the Silicon Valley heavyweight hit pause on the negotiations in March 2020. “They are up and running very quickly and on Day One, it’s go time. "Things are getting better, it's just happening very slowly," he said."We're moving like two steps forward one step back. Plant Construction is the general contractor for Pier 70." In: .
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