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tv   [untitled]    June 12, 2013 1:30am-2:01am PDT

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the mayor and the staff will present the budget to the board of supervisors in early june. and we will review for a month. and we will hold hearings in city hall, again open to the public. and we aim to present to the board of supervisors and have it signed by middle of the year. please come and let your voices be heard. and thank you again for all of your comments tonight. thank you. >> and now we will hear from supervisor cohen and supervisor avalos and mayor lee. >> all right, i know there are some people in the audience that still want an opportunity to speak. i want to let you know, i will speak on behalf for you mr. avalos. but it's an opportunity that we welcome everyone that wants to
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meet with us, can come and talk to us about the budget. i want to appreciate everyone that came out. everyone that came out, it's important to be a part of this conversation. that's about it. there you go. >> thank you for being here, i will stay longer, we have to get home kids have homework. but i will stay longer. our process as a city needs to reflect the great needs we have here in district 10 and 11. and one thing we have is lots of senior and young people. and we have higher levels of poverty in this district. that our city needs to respond to. something that i am committed to work on and hear from more you on how i can be supportive. thank you. >> rather than listen to me, i
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will yield my time to you. please go up there now and give us your two minutes, okay. i got these two in front of me. let them finish. go ahead. >> my name is robert woods. i have been working in this community since 1972. working with avallo when he was mayor of san francisco. when i worked in the community, i saw the community working and making money. and not on their knees like they are now. and for anybody to be less than human, and you don't recognize that. the community is crippled and they need help. they need help. they don't need no promises, they need help. and i say to you that i didn't just get off the tomato truck
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today. this is something that we have been dealing with for a long time. and for you to come here and to deny us a chance to speak to this group. i am sorry that -- i do not like being ignored. especially when the community need help. and i say to you, whatever this community needs, give it to them. because number one i come out here every day and i teach a ged math class for adu. i ain't making no money. but i tell you what, it's something that i know that the community needs. we got six people who passed the ged test and no one really expected us to have that many
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people. so i come here every day to put in my time. because i look for the community that need my help. i am an architect by education. i spent time in the neighborhood. i director of housing for the city of atlanta empowerment agency. i been around. i been around. so i do not like what i see when i drive down third street. it don't make me feel good. if any of y'all drive third street and feel good? i say this is not the place for you. thank you. >> i want to thank you mayor. you know this is my community.
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espinola jackson, dr. espinola jackson's community. and when i raise my hand for them to pick up if one wants to have something to say. i had my hand in the air first, i don't know how i got behind. i ran behind for the speakers, they don't know the services we have in this building here in this community college. we have second language here, and no one should be ignored. everything was talked about except aids prevalent here in bayview hunter's point. we want to see a change in that and also in education, transportation. we have turk out in this community. our young people cannot go to school unless they are jumped
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upon. this needs to be stopped. and only you can stop this, and help our young people get an education each across town. someone spoke about the transportation. i want to say this, when that third street rail was built. they didn't finish it. they started it. it was supposed to go all the way to city college, but it didn't go there. mr. mayor, i want to say this to you, and i be finished because i can talk to you later ----okay, i will take you with me. i want you to stop using the te term war-time housing, there is no war-time housing in san francisco. they were all torn down in 1954 when the integration law was passed where we blacks can live next door to white folks.
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the public housing, san francisco redevelopment agency, they became public housing after 1954 for black folks. thank you very much, you need to know, and i want to give you the history of my community. because i have been here 70 years. thank you. >> all right, first of all those who spoke and sat through this and all the departments and elected officials. i want to thank everyone. it's been an intense night. we got a lot of feedback and a lot of viewpoints. we have to continue working hard. we will be doing our best. and please again feel welcome to give us your input and keep working with us. that's the most important thing of these town hall meetings, we need your input and we will do our best. and keep working with us. thank you very much. good night.
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. >> enjoy the breakfast, we have a big program this morning so we are just going to go ahead and get started so welcome to all of you. i am mayor aye hustles i'm san francisco public blood pressure of san francisco business times and on behalf of our partner criteria require and carey and knew mark frank and all of our sponsors welcome to our annual mayor's annual for cast and happy valentine's day to awful you and i have already gotten a value ten from mayor lee. are you already fee
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feelings love this morning we have later pastries for you. this is the 14th year we post together this to look at the i state of city in his our region and there have been so many changes if you think about that have happened in each of these cities and sounding bay area it is last 14 years and if you look at the activity the cranes until the air the hospital building activity the activity ature ports and airports and hospitality sector the booming tech sector and all of the future plans, think about the changes that will happen in the next 14 years and each of these cities and in our region so we are going to hear a little bit about the future and some of the priorities and what the outlook is into this coming year and we are really delighted to have awful you here with us this morning. i think there is more than 600 and we are glad that you gathered with us. our tradition at this event is to
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alternate between the two cities from year to year and last year we hosted the event in oakland which, is why here here in san francisco this year and is to mayor lee thank you for being the host city this year andmary khan thank you for traveling across the bay that very short way to be here in san francisco. so how many of you are feeling optimistic about 2013? can you raise your hand? right? (applause). ism. it just has a feel? it just has that feel it's started starting out at a good space and with opt mission and that's good goods and this is a good year on top of the giant's 49 win and 49ers making to the bowel and this is all going to put more sales in the regional economy
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and again there is so much business activity. and we are blessed with just being in this part of the country and the world. i'm very interested in what we are going to hear from our speakers this morning to sort off guide us through this year. now before we get to our program please join me in thanking the organizations and people who made this possible. and you can clap now for awful them but -- this event is jointly presented by san francisco business times and our partner, title sponsor corn irand carey commercial new mark, night, frank. and we are going it hear from dan clef man and dan class man some 14 year ago really came up with this idea, we sat down over lunch and there was another person involved allen cline knelt and which came up with this idea and so i have to give dan much much credit for that. (applause). .
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very much so. and in 2012, cornish and carey, dominated the area of commercial real estate with over $6 billion in leasing and sales transactions so very good there. and you are soon going to hear from dan and he is going to give us that a good look at sort off what real estate activity look like here in the bay area. so in addition, to cornish and carey new mark night frank, help me thank our generouses for bringing you this program they are golden gate university and i'll tell you they prepare the most work ready profiles that professionals that you are going to find and we so much appreciate our partnership with golden gate university and thank the president dan angel for delivering those shining graduate to businesses throughout the bay area and if you visit their table there and
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asks for deidra robert son and there is a 10% tuition grant to no cost to your organization for your employee and is so ask about that program and we also wants to thank case veer permanent aaat a who's kristine row wish who are the service area manager for casier permanent continenta and this is the quality healthcare in the nation for being the best place to work and receive healthcare and certainly a leader in technology and healthcare as well and case veer certainly helps our entire community thrive and then one s f which, is out of the organizing committee and one s f and i hope you take time to get very familiar with what this organization is doing for san francisco and how you can utilize this organization to become a part of the american's cup experience. one s f is mobilizing san francisco's
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corporation and is citizens behind the many many community and legacy benefits of the america's cup and there are many. cruise ship terminal infrastructure projects and so when you become a one s f partner you will drive that local effort and help provide the funding support and there are so many exciting ways you can become aligned with the cup this exciting year and so one s f of the america's cup organizing committee and really the mayor will say more about that and robert half international i have to thank them for helping me find my great business manager this year just on the side and i wanted to thank randal my second who's regent vice president of mice executive international and they help us with our staff and talent and that has a lot to do with this today and so thank you
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for profile staffing service scefers through finances, and legal technology and staffings and we u.s.a. them all the time for our creative as well and webcore builder and is what aren't they building and we want to thank peterson and shelly doury who's one of the senior executive's in the web cor community and they built the beautiful oakland cathedral and acacademy of science and certainly at work on mass coney center expansion the early work on the warriors a marine eye and so many iconic projects in both northeastern and fortunately and southern california and wells fargo such an integral institution and part of of the fabric of our society and
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vaginal foalgee president the bay area region together encompassing this whole wide region for wells far going and we are soon going to hear from tim quinn written economist from wells far go and going to get some insight from him and a major focus and this says so much about the strength of our economy and the economy is small business lending and really promising news and 2012 wells far go expended scene billion dollars in that now loan commitments to small businesses across the united states over 30% in 2011 and that is great news so thank you wells fargo and many thanks to our partners in associations who always help us in promote things event it takes a villages to market deimagine. >> joseph markenson, md: and new president and c o oavment bob electric sway and president and
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c o e dennis callahan and executive director dave metcalf, e c a karen inc.,el and inner city advisers jose conia and typely going to have to forgive me if i miss some of you and so you can send me another or someone else will help me when they get up here and so welcome to the public officials in the room. supervisor carmen chu and scott wiener and supervisor eight district san francisco monique myoand executive director port of the san francisco and general forerodney phoning, president of s f planning commission and, from the city of oakland. deana santana city mr., fred blab below assistant city administrator robert bert bra burn director on the board and councilmember knoll gallow
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district five. city attorney, barbara parker, debra ally smith director port of oakland so we have our two port directors in the room which, is wonderful and if i miss someone please forgive me or come up and harass me about it latter. we had a. q. year at the business times, i'll say in 2012 and everything is up, print six declaration, web audience one .2 million page views a month and growing advertising is up and so far so good in 2013. we made our first month, all right so that is always a good way to start the year, so. i hope you subscribe. i hope you also receive all of the digital information the expanding array of information we send out in that way if you don't subscribe today, you can save a little money if you see our circulation folks just for thank you going
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for being ore we will give you a book of list and you have access to the premium content resemble and follow up to drop your business card on the business times table you can draw for a 200 doctor gift certificate and feel free to tweet any information from this morning event and it's hash tag s f o mayors and it's up on the screen. so back to the program we really do love these two cities, each of them in their own unique way and the surgery because they are sirengee synergy and the way that they impact each other and the two mayors where long time friends and know they are competitive but they are very good freeness and so we have asked each mayor to send his or mer vision for their city and is there are priorities and challengeses and what are they
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doing to improve the climate for business and how are they working to bring list business to the cities or prevent them from leavings and encourage future development and how do they week together so before we get to the mayors, we are going to get some expert insight on the economy, the first look at the real estate outlook and then a general economic for cast and the financial market and we will get a look at what is in store for 2013 and once we have heard from the opening sparkes we will get into our conversation with the mayors and then end at ten and so lets get started and let begin the program with a look at the real estate outlook with our long time partner dave crest man who's executive managing director at cornish and carey commercial new mark night frank and dan has been actively engaged in as a brother in the sales and leasing of commercial
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real estate in san francisco for 30 years and he knows every single building i swear i walked the streights with him on sunday and whoever was in it or owned it. and more recently he managed retail giant and among many many transaction in the pass year please welcome dan crest man: (applause) . >> thank you mary and thank you to the san francisco business times for continuing to cover our industry i would say better than any other publication until the bay area. mayor khan, welcome to san francisco and welcome mayor lee. thank you again for participating in our annual for cast breakfast and happy valentines day everyone and i would like to wish my wife and daughter a happy value teen's day as well who are here with me as well.
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now my career i wanted to start tout by saying my career has been spent tracking the traditional fire-based economy of finances, insurance and real estate. and, monitoring it's effect on the occupancies and values of commercial real estate. as we repeatedly seen, major job cuts and permanent down sizing are continuing in cities across the country. the fire-based economy we have known over our lifetime is rapidly shrinkings and trans forming good a new ice based economy one of innovation, culture - and education. innovation along with it's partner collaboration are being reflected in the explosive growth of the tech sector for each i couldn't engineer hired by pandora or twitter a multiplier effect occurs with job openings create for
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eliminate oh, mow drivers bare resist at a asks and yoga instructor and is personal finances gore g u r u's and so as we have seen as multimillion dollar facilities being created on both sith of the bay and parts of the rising sports culture tour which we have an abundance of in pot of our cities education is being manifested by the strong and growing influence of our public and private universities in tandem with our expanding healthcare sector. in oakland in 2013, oakland will have three major projects under way for over $2.2 billion surpassing san franciscotion current healthcare construction. we will get this keep it moving
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here ... it's a little the technology that we are talking about ... there we go. okay. office space previously used by the shining fire sector is now being converted into more efficient and open collaborative space forts ice users. here, we see pack bell's 680 folsome going from 300 square feet per employee in 195 to one 30 per employee in 2013 for and now moving on to the market stats and in 2012. office vaguey was were split with the o oakland v v b moving up to 17.5% in 2013. continued command for high-tech space in fraction will
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push vacancies to lower single digit while oakland will benefit from nonprofit and rent sensitive tenants migrating across the bay. increasing 30% to $52 and 75 cents while oakland rents remain livable flat at $31 and i didn't cents look for increase in both markets in 2013 and this is a that is right that i constructed between year ago and it continues to hold true today. san francisco rents have been running in tandem with the ice based economy for some time and as you can see our current tragedy geek free doesn't reflects era we saw 20 year ago. sealings force was the mark maker in 2012 with one .3 million square feet of new leases signed. and pandora continues to set the
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stage for innovative tenants span expanding in oakland. office sales in the bay area courts of record recovered substantially with over $6 billion of transaction in downtown san francisco and 10010 merchandise sale least back of it's san francisco 5012 head quarters san francisco projects represent or 200 million square feet. in pre-leased to single user ice tenants while 2,222nd and five thrive mission are scheduled to break ground later this year with escalating represents triggering new office instruction construction in san francisco oakland's turn to build is around the corner now fraction's mid market is part of the city's most significant public transit corridor in 5012 the building at the edgy intersection of sixth and market and also hometo mayor lee's
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election head quarters was leased by benchmark capital from the not to edgy sand hill road in pal low alto we have seen mid market morph from michael douglas and carl mailed den chasing bad guys to twitters 2012 move into 10th and market and now, onto doll bee sounds one million dollars acquisition of ninth and mark along with squared 250,000 square foot least at 11th and market new apartment construction continues as well this crescent heights high rise at the tenth and market and one money hundred van s into 400 apartments with unlimited views. now while san francisco has long 'em braced it's history igpublic transit the city is moving swiftly from analogue to dig at that time
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the one .6 billion central subway is transforming land use along the fourth street corridor with the proposedded corridor moon plan setting the stage for the neck decade and looking further into the future the cal train yards at fourth and town send also known as the north end of silicon valley may under go under ground rails and mixed use towers up to 400 feet in height similar to broad gate station in london. now, here are the names of the inshat vattive tech firms recognized around the globe and head quartered in san francisco christen and brix retail and software in the cloud to digital media and online lodging governor pairy would give his it's to have any one of these to move to texas and but
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don't count on it behind these are other tech firms and spin offs from bred says source such as twitter and paypal, online directorsy and is on demand transportation all head quartered right here in san francisco looks like a tech bubble you might say, well no doubt there will be failures in the future but new opportunities will easily be backfilled by the dna of innovation now etched in san francisco's economy these firms and more, will provide access to a mobile mercantile network of over 5 billion consumers in a few short years and the magnitude of the upcoming change to the bay area will be stung. we are still in spring training. once again, thank you mayor khan and mayor lee and we that i thank you for continuing to promote the company that is make it fun to live and work in our respective
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cities. thank you. (applause) thank you dan those are some great visuals. let's see, i got a couple of more names so, to acknowledge for being here oakland city attorney barbara jordan oakland city counsel. pat concern ham. oakland port commissioner instead of butt inner and bryan parker and deputymary sandra sum sum. so, that was wrong sorry. mayor khan, you are going to have do me better on that. so, now, for a look at the economy and financial markets