Correction: A previous version of this post erroneously reported that Bill Fazio had filed papers to run for district attorney. He has not yet made a final decision about whether to run. Bill Fazio, a prominent defense attorney, is close to making a decision about whether to run for San Francisco district attorney in the November election. Based on information from former state Sen. Quentin Kopp, a former judge and ......
A few weeks ago, we detailed the travails and planned comeback of San Francisco investor Victor MacFarlane, who famously lost more than $1 billion of CalPERS money on real-estate deals that didn't pan out. MacFarlane had purchased multiple penthouses atop the St. Regis in San Francisco, and spent years building out the space as one luxe penthouse. The economy tanked and he never moved in. He tried to sell the ......
State data released this morning shows that unemployment is easing a bit, though at a painfully slow clip. California's unemployment rate was 11.7 percent in May, down a bit from the 11.8 percent rate in April, and significantly better than the 12.4 percent unemployment rate in May 2010. Nationally, the unemployment rate for May actually increased, to 9.1 percent. So California, as a whole, is still doing worse than the ......
The funeral Friday at St. Mary's Cathedral for two San Francisco firefighters killed in the line of duty was a sober, elaborate affair, and everyone from Gov. Jerry Brown to Rep. Nancy Pelosi to Mayor Edwin Lee came to pay their respects. Jeff Adachi, the San Francisco public defender, came too, and was standing before the procession began in an area at the front of the Cathedral with other elected ......
Phil Ting, San Francisco's tax man and a mayoral candidate, announced Wednesday afternoon that his office has brought in an extra $50 million in property-tax revenue this year. The haul, roughly double what the city had anticipated, is largely due to Ting's office working through a backlog of reassessments. Under Proposition 13, real estate can only be reassessed at present market value when it changes hands. Single-family homes typically trade ......
