I’m speechless about this. In fact, I think I’m "apoplectic". How this agreement helps anyone is beyond me.
Rachel Gordon, San Francisco Chronicle
San Francisco Mayor Gavin Newsom, Board of Supervisors President Aaron Peskin and union leaders brokered a political agreement Tuesday that would bring a temporary halt to the nascent plans of luxury hotels in the city to convert tourist rooms to high-end condominiums.
Peskin — backed by the hotel workers union and opposed by the hotel owners — was pushing a permanent ban and had lined up a veto-proof majority of eight of his colleagues on the 11-member board to support his legislation. But the day before his proposal was headed to committee for a vote, Peskin agreed to what amounts to an 18-month moratorium on the condo conversions.