Can a Free Business Rent Program Revive San Francisco’s Downtown?
The program also offers funding for business expenses (plus technical and business permit assistance) — and it seems to be working. One cafe went on to sign a five-year lease for a space in the financial district’s iconic One Embarcadero Center building — and the building’s landlord says the program also resulted in another three long leases. Can the progress continue?
The hope is that these pop-up operations will pay rent and sign longer leases after the free-rent period is over, and that their presence will regenerate foot traffic in the area. Some 850 entrepreneurs initially applied for a slot, and 17 businesses were chosen to occupy nine storefront spaces in the fall. Out of those businesses, seven extended their leases and now pay rent. Eleven businesses were selected in May for the program’s second cohort, which started operating their storefronts this summer…
The city’s office vacancy rate hit 33.7%, a record high, in the second quarter this year, according to JLL, a commercial real estate brokerage. That’s one of the bleakest office markets in the nation, which has an average vacancy rate of about 22%. For the moment, however, San Francisco has a silver lining in Vacant to Vibrant. Rod Diehl, the BXP executive vice president who oversees its West Coast properties, said the pop-up strategy was good not just for local business owners to test their concepts and explore growth opportunities, but also for office leasing efforts… Beyond free rent, which is typically given for three months with a possibility for another three months, Vacant to Vibrant provides up to $12,000 to the businesses to help cover insurance and other expenses. The program also offers grants up to $5,000 for building owners to cover costs for tenant improvements in the spaces as well as for other expenses like utilities…
In addition to the Vacant to Vibrant program — which received $1 million from the city initially and is set to receive another $1 million for the current fiscal year, which began July 1 — the city is directing nearly $2 million toward a similar pop-up program. This new program would help businesses occupy larger empty spaces along Powell Street, as crime and other retail pressures have driven out several retailers, including Anthropologie, Banana Republic and Crate & Barrel, in the Union Square area.
One business owner who joined “Vacant to Vibrant” in May says they haven’t decided yet whether to sign a lease. “It’s not as crowded as before the pandemic.” But according to the article, “she was hopeful that more businesses opening nearby would attract more people.”
“In addition to filling empty storefronts, the program has the opportunity to bring in a fresher and more localized downtown shopping vibe, said Laurel Arvanitidis, director for business development at San Francisco’s Office of Economic and Workplace Development.”
Victor Gonzalez, an entrepreneur who founded GCS Agency to stage showings for artists, is embracing the opportunity to get a foothold downtown despite the city’s challenges. When he opened a storefront as part of the first Vacant to Vibrant cohort in the Financial District last year, he immediately knew that he wanted to stay there as long as possible. He has since signed a three-year lease. “San Francisco is no stranger to big booms and busts,” he said. “So if we’re in the midst of a bust, what’s next? It’s a boom. And I want to be positioned to be part of it.”
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Alcohol Researcher Says Alcohol-Industry Lobbyists are Attacking His Work
But Stockwell’s study prompted at least one scientist to accuse Stockwell of “cherry picking” evidence to suit an agenda — while a think-tank executive suggests he’s a front for a worldwide temperance lobby:
Dr Stockwell denies this. Speaking to The Telegraph, he in turn accused his detractors of being funded by the alcohol lobby and said his links to temperance societies were fleeting. He was the president of the Kettil Bruun Society (a think tank born out of what was the international temperance congresses) [from 2005 to 2007] and he has been reimbursed for addressing temperance movements and admits attending their meetings, but, he says, not as a member…
Former British government scientist Richard Harding, who gave evidence on safe drinking to the House of Commons select committee on science and technology in 2011, told The Telegraph that Dr Stockwell had wrongly taken a correlation to be causal. “Dr Stockwell’s research is essentially epidemiology, which is the study of populations,” Dr Harding said. “You record people’s lifestyle and then see what diseases they get and try to correlate the disease with some aspect of their lifestyle. But it is just a correlation, it’s just an association. Epidemiology can never establish causality on its own. And in this particular case, Dr Stockwell selected six studies out of 107 to focus on. You could say he cherry picked them. Really, the important thing is not the epidemiology, it’s the effect that alcohol actually has on the body. We know the reasons why the curve is J-shaped; it’s because of the protective effect moderate consumption has on heart disease and a number of other diseases.”
Dr Stockwell rejects Dr Harding’s criticism of his study, telling The Telegraph that Dr Harding “doesn’t appear to have read it” and accusing him of being in the pocket of the alcohol industry. “We identified six high-quality studies out of 107 and they didn’t find any J-shaped curve,” Dr Stockwell said. “In fact, since our recent paper, we’ve now got genetic studies which are showing there’s no benefits of low-level alcohol use. I personally think there might still be small benefits, but the point of our work is that, if there are benefits, they’ve been exaggerating them.”
The article notes that Stockwell’s research “has been published in The Lancet, among other esteemed organs,” and that “scientists he has collaborated with on research highlighting the dangers of alcohol are in positions of power at major institutions, such as the World Health Organisation.”
And honestly, the opposing viewpoint seems to be thinly-sourced. Besides Harding (the former British government scientist), the article cites:
The head of lifestyle economics at the Institute of Economic Affairs (which Wikipedia describes as “a right-wing, free market think tank”)
An alcohol policy specialist at Brock University in Ontario (who argues rather unconvincingly that “you can’t measure when someone didn’t hurt themselves because a friend invited them for a drink.”)
On the basis of that, the article writes “respected peers say it is far from settled science and have cast doubt on his research”. (And that “fellow academics and experts” told The Telegraph “they read the report in disbelief.”) Did the Telegraph speak to others who just aren’t mentioned in the story? Or are they extrapolating, in that famous British tabloid journalism sort of way?
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Fire Damages Russian-Occupied Nuclear Plant in Ukraine
Sunday, Ukraine’s president, Volodymyr Zelenskiy, highlighted that Russian forces appeared to have started a fire in one of the cooling towers of the Zaporizhzhia nuclear power plant that it has occupied since the early days of the war. “Radiation levels are within norm,” Zelenskiy said before accusing Russia of using its control of the site, whose six reactors are in shutdown mode, “to blackmail Ukraine, all of Europe, and the world”. A Ukrainian official in Nikopol, the nearest town across the river Dnipro from the nuclear plant, added that according to “unofficial information”, the fire was caused by setting fire to “a large number of automobile tyres” in a cooling tower. Video and pictures showed smoke dramatically billowing from one of the towers, although experts said they are not in use while the reactor is in shutdown mode, prompting some to question whether it was a way of trying raise the stakes over Ukraine’s incursion into Russia.
From the CBC:
The Russian management of the facility said emergency workers had contained the fire and that there was no threat of it spreading further. “The fire did not affect the operation of the station,” it said. The six reactors at the plant located close to the front line of the war in Ukraine are not in operation but the facility relies on external power to keep its nuclear material cool and prevent a catastrophic accident.
Moscow and Kyiv have routinely accused each other of endangering safety around it.
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Trump’s Campaign ‘Says It Has Been Hacked’, Reports CNN
Former President Donald Trump’s campaign said Saturday in a statement that it had been hacked.
Politico reported earlier Saturday that it had received emails from an anonymous account with documents from inside Trump’s campaign operation. “These documents were obtained illegally from foreign sources hostile to the United States, intended to interfere with the 2024 election and sow chaos throughout our Democratic process,” Trump campaign spokesperson Steven Cheung said in a statement to CNN.
Cheung pointed to a recent report published by Microsoft that said Iranian operatives had ramped up their attempts to influence and monitor the US presidential election by creating fake news outlets targeting liberal and conservative voters and by trying to hack an unnamed presidential campaign… Still, it’s not clear whether Iran was responsible for the hack. CNN has reached out to the Iranian mission to the United Nations for comment…
Politico reported it had received emails that contained internal communications from a senior Trump campaign official and a [271-page] research dossier the campaign had put together on Trump’s running mate, Ohio Sen. JD Vance. The dossier included what the Trump campaign identified as Vance’s potential vulnerabilities…
In 2016, days before the Democratic National Convention, WikiLeaks published nearly 20,000 emails from the Democratic National Committee server.
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Cyber-Heist of 2.9 Billion Personal Records Leads to Class Action Lawsuit
California resident Christopher Hofmann filed the potential class-action complaint against Jerico Pictures, doing business as National Public Data, a Coral Springs-based firm that provides APIs so that companies can perform things like background checks on people and look up folks’ criminal records. As such National Public Data holds a lot of highly personal information, which ended up being stolen in a cyberattack. According to the suit, filed in a southern Florida federal district court, Hofmann is one of the individuals whose sensitive information was pilfered by crooks and then put up for sale for $3.5 million on an underworld forum in April.
If the thieves are to be believed, the database included 2.9 billion records on all US, Canadian, and British citizens, and included their full names, addresses, and address history going back at least three decades, social security numbers, and the names of their parents, siblings, and relatives, some of whom have been dead for nearly 20 years.
Hofmann’s lawsuit says he ‘believes that his personally identifiable information was scraped from non-public sources,” according to the article — which adds that Hofmann “claims he never provided this sensitive info to National Public Data…
“The Florida firm stands accused of negligently storing the database in a way that was accessible to the thieves, without encrypting its contents nor redacting any of the individuals’ sensitive information.”
Hofmann, on behalf of potentially millions of other plaintiffs, has asked the court to require National Public Data to destroy all personal information belonging to the class-action members and use encryption, among other data protection methods in the future…
Additionally, it seeks unspecified monetary relief for the data theft victims, including “actual, statutory, nominal, and consequential damages.”
Read more of this story at Slashdot.