Condo Conversions - the end
An immensely toned-down and modest version of the Condo Conversion ordinance I have worked on for months failed on a 7-6 vote in today's Council meeting.
Those voting for protecting low-income renters and condo buyers: myself and Council Members Samuels, Glidden, Schiff, Remington and Hodges.
Those voting to do absolutely nothing to protect condo buyers and low-income renters: Council Members Ostrow, Hofstede, Johnson, Lilligren, Goodman, Benson and Colvin Roy.
The majority on the Council has apparently decided that they want our city to be less progressive and less compassionate than Folsom, CA, the State of Connecticut, Washington, DC, Los Angeles, CA, Manhattan Beach, CA, San Diego, CA, and Seattle, WA.
I wish I could have done a better job educating and convincing at least one more of my colleagues that we need to do a better job regulating this industry and protecting consumers (both tenants and condominium buyers). My fellow supporters and I knew that this compromise version offered us the best hope to strengthen our private-public partnership with the industry and fulfill our responsibility as elected officials to protect our residents from the free market that too often (at least in the case of condominium conversion) puts desire for profits before the needs of people.