As protests heat up in San Francisco over so-called “Google buses” and tax breaks for tech companies, San Jose officials are hoping to lure companies with a friendlier business climate.
San Francisco Mayor Ed Lee has come to the defense of the city’s technology industry, saying the job growth in the tech sector should not be blamed for skyrocketing rents in the city.
This, of course, is not the Bay Area’s first tech boom. But one of the differences this time around is that it comes after a recession.
In anticipation of Twitter’s initial public offering this week, San Francisco Mayor Ed Lee took a stroll down Market Street on Monday to check out and assess the rapidly changing Mid-Market area.
While low approval ratings plague Oakland Mayor Jean Quan, it doesn’t appear she’ll be going anywhere. Meanwhile, San Francisco’s Mayor Ed Lee is leading his city in a period of rapid expansion.
While the ultra-rich are getting even richer, record numbers of Silicon Valley residents are slipping into poverty.
According to a recent regulatory filing, long-time real estate investor and developer Carl Berg is selling about 100 commercial properties in Santa Clara County and Fremont.