Cyrus @kavehcyrus
Founder of @presidiobay. WE❤️SF. Passionate about housing, development, design, innovation, common sense governance, and disrupting the status quo. presidiobay.com San Francisco, CA Joined March 2011-
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San Francisco office market continues to be a tale of two cities... @CBRE perfectly illustrates our "flight to experience" thesis is in full force. Class A, Trophy, differentiated product is at ~15% vacancy compared to ~47% vacancy for Class B/C commodity product. #retwit
This isn’t a zoning failure as much as it is a failure of leadership and bureaucracy. But for inclusionary zoning via the HOME-SF density program, there would have only been 63 units on this site. Instead we ended up with 193 units thanks to @Ahsha_Safai's advocacy for workforce…
This isn’t a zoning failure as much as it is a failure of leadership and bureaucracy. But for inclusionary zoning via the HOME-SF density program, there would have only been 63 units on this site. Instead we ended up with 193 units thanks to @Ahsha_Safai's advocacy for workforce…
In a shocking 9-0 decision, the US Supreme Court this morning ended California's post-Prop-13 era of insanely high fees on housing development. Now it's up to housing advocates to remake fee law in their own image. latimes.com/politics/story…
San Francisco’s historic pattern of economic recovery (basic lesson in supply and demand for hard leftists): - Increased VC investment leads to new company formation (we are the innovation cradle of the world). - Increased employment across all industries including blue collar…
OPINION: Aaron Peskin “dealt a calculated blow to the city's fragile, moderate, pro-housing coalition—widening the fracture between pro-housing centrists and radical elements of the YIMBY movement.” — Cyrus Sanandaji @kavehcyrus sfstandard.com/opinion/2024/0…
@kavehcyrus @anniefryman @sfstandard This is what the Peskin folks are putting out there. Anyone who doesn’t think this could tip the election for him doesn’t know San Francisco. There’s two San Francisco’s: the ones who vote and the ones who don’t. neighborhoodsunitedsf.org/photos
My op-ed in @sfstandard: YIMBY Dilemma Threatens San Francisco's Comeback. sfstandard.com/opinion/2024/0…
Prop I, the "mansion tax" by "populist" @DeanPreston, aimed to target the wealthy but instead is hitting blue-collar workers hard. Not only has it stalled new housing projects, costing construction jobs, but this transfer tax has also stripped millions from union pension…
I thought the Trump NIMBY screenshots circulating on X were fake, given how eerily similar the fear mongering sounds to San Francisco NIMBYs. Sadly, it’s very real: donaldjtrump.com/agenda47/agend…
San Francisco's onerous transfer tax pushed by @DeanPreston has resulted in plummeting revenues for the city, contrary to original projections, negatively impacting affordable housing financing and housing production in general. bizjournals.com/sanfrancisco/n… via @SFBusinessTimes
Shouldn’t we all be working together to move **all** housing forward in San Francisco?
Shouldn’t we all be working together to move **all** housing forward in San Francisco?
The "Office Resort" is our answer to what the future of the office needs to look like in a post-pandemic environment. Tenants remain focused on a flight to experience, not just a flight to quality. #retwit #presidiobay sfstandard.com/2024/03/31/res… via @sfstandard
You've got to hand it to @AaronPeskin. The Supervisor's cynical campaign to preserve a handful of blocks in Telegraph Hill, which culminated in overturning @LondonBreed’s veto of his bill on March 26, was a calculated trifecta. He built momentum for a mayoral run; created a…
Very proud of my friend @SteveAdami. This is leadership: walking the walk & setting the example for recovery & rehabilitation. Perseverance & hard work pays off, well deserved recognition & formal pardon. San Francisco & @SalvationArmyUS are lucky to have you advocating for us.
Very proud of my friend @SteveAdami. This is leadership: walking the walk & setting the example for recovery & rehabilitation. Perseverance & hard work pays off, well deserved recognition & formal pardon. San Francisco & @SalvationArmyUS are lucky to have you advocating for us.
@kavehcyrus @botoxedbuddhist Correct. Nuances of blown carrying costs, the number of projects being handed back to lenders that don’t know what to do with them, the infeasability of financing, negative leverage, return on cost, etc. are clearly not reflected in this line of thinking. You know this,…
Fascinating that planters beautifying sidewalks warrant fines and penalties from the city, but tents impacting ADA access are no problem... double standards abound. sfstandard.com/2024/03/27/hom… via @sfstandard
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Despite all of our problems, San Francisco continues to be a global leader financially. With all of this wealth at our fingertips, why can't we clean up our streets?
Global Financial Centres Index, 2023. 1. 🇺🇸 New York City 2. 🇬🇧 London 3. 🇸🇬 Singapore 4. 🇭🇰 Hong Kong 5. 🇺🇸 San Francisco 6. 🇺🇸 Los Angeles 7. 🇨🇳 Shanghai 8. 🇺🇸 Washington, D.C. 9. 🇺🇸 Chicago 10. 🇨🇭 Geneva 11. 🇰🇷 Seoul 12. 🇨🇳 Shenzhen 13. 🇨🇳 Beijing 14. 🇩🇪 Frankfurt 15. 🇫🇷…
It’s easier to get a gun than a Below Market Rate (BMR) apartment in SF. Hundreds of BMRs perfect for families and first responders sit empty despite over 1,000 applications because of an absurd City Hall process. It’s time for a City Hall that works for us and not against us.
@whentoletgo @auweia1 @RichardManso3 @lcwhitlock14 @TheMarinaTimes @conorj_SF @war24182236 RCV is the “Tour De France”. It’s a team sport as well as an individual race. I don’t like it, but while it’s still here we need to navigate it correctly.
@kavehcyrus @CBRE The scarier comparison is between trophy class A to non-prime class A.
Ezra Klein underscores our message: City Hall insiders made our bureaucratic mess. They can't fix it. My City Hall Accountability Plan targets the root cause of our outdated, ineffective, and corrupt system. Only then will our government serve the City's best interests.…
@conorj_SF @lcwhitlock14 @war24182236 Jeezus it took me about three minutes to discover that this is from a Daniel Lurie press release raheemd122.sg-host.com/wp-content/upl… and that the article linked is from May 1, 2018, and the very next day, May 2, 2018, they reached an agreement @SusanDReynolds sfexaminer.com/news/mayor-far…
San Francisco breaks ground on most significant new hospital in decades sfchronicle.com/health/article… via @sfchronicle
Hey there’s a lot of distracting shit happening in SF politics. Worth remembering: there is STILL a gaggle of clowns considering suing the state so they don’t have to build any housing during a rent crisis, and a bunch of new folks who want to oust them. sfstandard.com/2024/01/04/san…
Yes, Austin built a lot of housing, but their drop in rents might also be due to a drop in demand, from tech people moving back to California.
In 2020, California techies raided Texas. They came. They saw. They concurred (that they preferred to live elsewhere). @cd_hooks on the Austin tech mini bust and the end of the "Texas Miracle" era of state GOP politics: texasmonthly.com/news-politics/…
Don’t ever let the ideologues attack tech people when all we want is the basic necessities of a functioning society We will keep fighting. They will never silence us.
@adampnathan @garrytan And it’s not just general safety, it’s safety at kid places - like the library, parks and playgrounds, schools, etc. This feels fairly basic
Defund the nonprofits that enforce ideological purity around “do drugs until you die” policy. The doom loop must end.
If you want to hear what the radical leftists are saying about San Francisco, listen to this. If you can stomach it. Apparently, the doom loop is the fault of businesses and has nothing to do with drugs and homelessness. Got it. Lol! youtu.be/YHG4Ge-T6Qg?si…
@11thJeff I’m an SF homeowner so I’m good, thanks. I just know how to do basic math and understand you’re not going to outsmart supply and demand.
I hate to say I was a canary in the coal mine when I had to close my small biz Mr. Smith’s in 2019. But I was, & our leaders didn’t pay attention or do anything substantive to address the street conditions. I made it really clear what was going on & what the consequences of…
It’s work from home. We used to have 450k+ commuters going downtown 5 days a week. Now it’s 3 days on average. 900k fewer people every week. No lunches, errands, or shopping. You can’t force them to return. How do you fix? Make downtown inviting for workers to return.
I'm proud to share a major new endorsement today from the Nor Cal Carpenters Union. Nor Cal Carpenters represent more than 36,000+ union members and will be a partner in the work to build more housing and provide good wages, benefits, and training. Time to build🔨 @NorCalCarpU
Let's fucking gooooooooo! @NorCalCarpU knows whats up! #DannySauterForD3!
I'm proud to share a major new endorsement today from the Nor Cal Carpenters Union. Nor Cal Carpenters represent more than 36,000+ union members and will be a partner in the work to build more housing and provide good wages, benefits, and training. Time to build🔨 @NorCalCarpU
@maxdubler Homelessness is a human problem. Reducing it to one facile solution despite the fact there are a million ways someone ends up homeless is bad faith. Vast majority of unsheltered homeless have untreated severe mental illness and or hard drug addiction.
Gregoire shows the clear difference between a bro and a brother A technology brother cares about his community and fights for it, even as a side quest A “bro” is a low information shitposter who also makes fun of real builders Be a brother, not a bro
Moderates who want to fix this recalled a hard left district attorney Chesa Boudin and 3 school board members, threw the extremists out of the Democratic Central Committee and are about to win control of the Board of Supervisors in November That’s what the fuck is happening and…
@garrytan What the fuck are IQ160 tech bros doing to handle that mess? So much money and brain juice to build chatbots and boring SAAS but dudes are okay to live in Walking Dead