San Francisco Examiner: Battle for Power in 2010
San Francisco Chronicle: Merchants suffering along Union Street.
Calculated Risk: U.S. Office Vacancy Rate Hits 15 Year High at 17 Percent
Commercial Real Estate
- Commercial real estate in 2010: Weak fundamentals and constrained liquidity.
- Schwab HQ close to sale.
- Now see the real state of the commercial real estate industry.
- Bay Area retail centers mired in foreclosures.
- U.S. office, shopping center construction spending may fall 13%.
- Commercial real estate collapses suggests CW about residential bubble may be wrong,
- Commercial real estate eouldn't have resisted the bubble.
- More California hotels in trouble in 2009.
San Francisco
- Central Subway gets green light.
- Ken Garcia: Razing dam certifiably absurd.
- Parking citations on the decline.
- KCBS: New Year, more San Francisco budget cuts.
- Herrera packs 'em in.
- Melissa Griffin: Holdup affects business.
- Dufty seeks tax break for car share parking.
- Hetch Hetchy could go on ballot.
- Newsom meets with Barneys over basement dispute.
- Daly vows to say 'F***' at every meeting.
- Daly receives bar of soap from board prez.
Marin/Sonoma/San Mateo
- Menlo Park man exits Assembly race.
- San Mateo County supe hopefuls throw hats in the ring.
- Cities want input on mandatory recycling.
California
- Schwarzenegger declares budget emergency, proposes deep cuts. Summary of his proposed budget can be found, here.
- Plans advance for state constitutional convention.
- Schwarzenegger to seek permanent pay cuts to replace worker furloughs.
- State workforce eyed in state budget proposal.
- Schwarzenegger must find way to close $20B deficit.
- Jobs plan meets strong support.
- State Senator Leland Yee's January 2010 Newsletter can be found here.
The Economy
- California economy still waiting for recovery.
- Romer: job losses "a slight setback."
- 85,000? We’re missing a million of them!
- Unemployed over 26 Weeks, Diffusion Index, seasonal retail hiring.
- Banks are hoarding more cash than ever, and it's killing growth.
- FDIC issues interest rate risk advisory.
- What's up with the young folks?
- Retail sales stabilize in December.
Green Issues
- Cleaning Bay Area's air may get harder to do.
- EPA proposes nation's strictest smog limits ever.
- How America can rise again.
- Government handouts are now 1/5th of the national income.
- Affordable housing ruling a setback to cities.
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