The turmoil that drove Silicon Valley Bank and Signature Bank out of business, rocking the wider banking sector, has analysts bracing for the next possible crisis: the $20 trillion commercial real estate market.
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Leslye Corsiglia to step down from SV@Home after six years
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Flea Market Vendors Begin Hunger Strike To Protest Berryessa Development
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The Berryessa project under consideration Tuesday would rezone the flea market site to allow roughly 365,000 square feet of commercial space and 2,800 residential units—rezoning a 61.5-acre portion of the site for up to 3.4 million square feet of commercial space and up to 3,450 apartments.
Read More 4Rent Control Fight Goes before City Council
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With the rental market heating up, more people are asking for the city’s help to mediate lease rate hikes. The City Council on Tuesday will decide whether to pay more for a program to mediate and arbitrate cases between landlords trying to keep up with the market and tenants getting priced out of their homes. Other items on the agenda include a code enforcement audit, a historical landmark designation for a fruit stand and a trash-reduction plan.
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