By Marc Norton
March 23, 2011
I have been wandering up and down what is now called “Mid-Market” since I was eight years old. My mother lived in the Whitcomb, at 8th and Market, back when the Whitcomb was a residential hotel, what policy wonks now call an SRO. There was a parking lot for the hotel next door. Across 8th Street was the Del Webb Towne House, a luxury motor hotel. People drove downtown in those days, but there were also plenty of streetcars and buses on Market. There was no Muni underground, no BART, no fake brick sidewalks. The Orpheum on the corner was a Cinerama movie theater.
Now the Whitcomb is a tourist hotel. The parking lot is an ugly 8-story office building. The Del Webb is Trinity Plaza, soon to be the site of multiple high-rises for the yuppies. The Orpheum is a live theater for the cultured with disposable income, not a place for kids to see How the West Was Won.
And up the street is the old Furniture Mart which Doug Shorenstein just bought for $110 million, so he can take advantage of the Twitter-inspired corporate welfare project that the current Board of Stupes is about to ram down our throats.
I’m much older now. My mother is long gone. I read the San Francisco Business Times. I recently read an article there that offered this observation about the Twitter deal:
“It’s going to be huge,” said a supposed “Mid-Market specialist” with some commercial real estate firm. “That is why Shorenstein is jumping in… Shorenstein is the big dog and where the big dog goes a lot of other people are going to follow. Shorenstein is very smart about value investing. Over time, that will change the paradigm of how people view the area.”
Apparently those stupervisors who claim that the Twitter deal won’t gentrify the neighborhood don’t read the Business Times.
I even read Business Times editorials. Sun Tzu famously said “Know Your Enemy.” The editors of that esteemed journal, even though supportive of the Twitter deal, had this interesting bit to say:
“This newspaper is avowedly pro-business, but we’re generally no fans of tax giveaways [sic], in the form of payroll tax breaks or otherwise. They usually reward companies for doing something the companies would have done anyway (in Twitter’s case, stay in San Francisco). They tilt the playing field in the direction of the politically favored, and as a result frequently overpromise and underdeliver in terms of job creation. And Twitter was so nakedly inartful in threatening to leave that giving in almost guarantees the city will see similar attempts at tax-break extortion.”
If there is a referendum on the Twitter giveaway, I expect that quote will get some play. They certainly got the part right about the ever-expanding demands for “tax-break extortion.” You can see that in the on-the-table deal itself, which has now expanded to encompass the entire Tenderloin and multiple tax-break business partners.
A couple of days ago I took a walk down Market Street, starting at Buck Tavern where I blundered into some kind of meeting with the Twitter deals opponents. I only hung around long enough to have a Guinness, a short chat with the proprietor, and a serious discussion with a fellow bar dweller about what happened to Vegas after the corporations took over from the mob.
I’ll write a bit about my stroll down memory lane after the Stupe’s Budget Committee decides just exactly who-is-in and who-is-out of this deal. Right now, I have to get ready for our picket line at Hotel Frank this afternoon, which is not (yet) in on the Twitter deal.
Marc Norton was a bellman for nearly twelve years at Hotel Frank in downtown San Francisco, until he was fired after Wells Fargo foreclosed on the property. For info on the fight at Hotel Frank, see www.HotelFrankSF.info. Contact Marc at nortonsf@ix.netcom.com, or at www.MarcNorton.us.
March 27, 2011 at 7:28 am
I am shocked and dumbfounded, who could have imagined that other corporations might think that they also were deserving of Twitter Tax Tweaks !!! The Board of Subservients strikes again.
Go Giants. On the road again.
Bring on the torture.
March 26, 2011 at 2:37 pm
It will never end,
The City get’s around 350 million a year from payroll taxes. Only property taxes bring in more. Over the last week the Chamber of Commerce has gone from supporting the exemption for Twitter, to supporting an exemption for Zynga of some type, to … you read? … to getting rid of the payroll tax entirely!
And, the BOS is happy to oblige. They live to please billionaires.
Adachi for Mayor!
Giants up 1-0
h.
March 25, 2011 at 8:38 pm
Too bad…the hip, young Twitteratti will get to spend Friday afternoons reveling in the delights of San Bruno.
March 25, 2011 at 8:45 am
I am opposed to the Twitter givaway, because it is unfair to other businesses. However, now that the deal is out there, you can be sure that Twitter will leave SF if this deal is not approved. Those jobs will leave, too. Damned if you do, damned if you don’t
March 24, 2011 at 9:07 pm
I oppose a Twitter giveaway for the same reasons other people are opposed to it.
The article says “There was no Muni underground.” Oh here we go! Sigh. The system is called the Muni metro. Why do so many people not know that? This is the only city I have ever lived in where so many people who live here don’t seem to know what to call the subway system. In part, because Muni has never had the intelligence to put the word metro on the outside of all the cars like they do in other cities (Los Angeles, DC, Miami, etc.) Our metro system was opened in the early 1980s and it was called metro then. Still is today. On another site here in The City a “journalist” wrote that our system was only called metro underground. Not true and how ridiculous. Our entire rail system (both surface and subway) is called metro. Then some people get hung up on whether it’s heavy rail or light rail. That’s really immaterial. The Muni metro is light-rail. Does anyone really know what gauge the tracks are or does it even matter! Are we supposed to only have heavy people ride heavy gauge rails?….and light people riding light-gauge rails?
Here’s Muni’s map of the metro:
http://tinyurl.com/4edat8e
The article goes on to say, “The Del Webb is Trinity Plaza, soon to be the site of multiple high-rises for the yuppies.”
I think the word yuppies is outdated. It’s from the 1980s. Today, I think they are called corporatists since that’s really what they are.
Thank you for the article. Glad this website is covering the Twitter issue.