The $174,000 raised in support of Proposition C, London Breed’s measure to waive transfer taxes for office-to-housing conversions, far outstrips opponents
Contributions for the campaign to pass Proposition C — Mayor London Breed’s ballot measure to waive transfer taxes for conversions of offices into housing — are far outstripping those for the opposition, with money pouring in from real estate developers, apartment owners and a prominent tech CEO.
Also donating were the San Francisco Apartment Association political action committee, which gave $25,000, and Oz Erickson, chairman of the real-estate development firm Emerald Fund, who donated $24,900. TMG Partners, another real-estate development company, donated $15,000, with firm Chairman and co-CEO Michael Covarrubias’s name next to it.
He also supported the campaign of Sonja Trauss, a founder of the YIMBY movement in California, when Trauss ran unsuccessfully for District 6 supervisor in 2018. Taste America highlights SF chefs, ‘dynamic’ Bay Area food scene The foundation's"Taste America" event is coming back to The City, allowing guests to sample dishes from some of the Bay Area's most innovative restaurants in a celebr…
Most of the opponents’ funds came from a single $25,000 donation of personal funds made by Supervisor Dean Preston, who is part of a coalition of people that has been warning that Proposition C is really intended to let supervisors cut transfer taxes without voter approval.
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