Academy of Art University expose:
“…Stephens has plenty to celebrate. Since taking over as president of the family-owned Academy of Art University more than two decades ago, she’s transformed the 86-year-old for-profit institution from a regional operation into America’s largest private art university. Under her watch enrollment has skyrocketed from 2,200 to 16,000, generating an estimated $300 million in annual revenues, heavily subsidized by federal student loans. The Stephens family has turned that pile of art-school tuition into one of the largest real estate empires in San Francisco, with more than 40 properties in prime areas, including a historic former cannery on Fisherman’s Wharf and a 138,000-square-foot office building steps from City Hall. In all, the real estate is worth an estimated $420 million, net of debt, and the family pulls in tens of millions of dollars each year leasing these buildings back to the Academy of Art for classrooms and dorms….”
More at Forbes
The best news I saw this Queer Freedom season was the San Francisco opening of “Jazzie’s Place”, amazing apparently the first homeless shelter for queer youth in the world.
Thanks to Gary Sponholtz for this great video of the ribbon-cutting event!
“In California, a state with some of the strictest gun laws in the country, Sacramento County has become an oasis for gun owners wanting to carry their weapons in public. Thousands of residents have been issued concealed carry permits by the sheriff, Scott Jones, since he took office four years ago….”
“The situation couldn’t be further removed from the one in San Francisco, where fewer permits are issued than any other county in the state. Three San Franciscans have been issued a permit to carry a concealed gun in the last five years.”
The article includes a map showing active gun permits by California county.
More at Reveal News
“Residents of the so-called Pigeon Palace, who have been resisting its sale for fear of a massive rent increase or eviction and out of respect for what they say are the wishes of its owner, scored a huge victory today when the Community Land Trust won the $3.28 million auction for the property in probate court.”
More at Mission Local
“The San Francisco Giants and a team of affordable housing advocates led by Supervisor Jane Kim have reached an agreement to increase to 40% the affordable housing component in the team’s Mission Rock development.”
More at SF Weekly