City voters might be voting in November on a plan by District 3 Supervisor Aaron Peskin to punish landlords who don’t rent out their retail spaces. The fines would apply to landlords in commercial districts with commercial properties that are vacant for more than six months; they would be charged $250 a day. Peskin also reportedly wants to extend that to residential landlords.
Expect the proposal to be massaged repeatedly before it is voted on by the Board of Supervisors, as opponents and proponents alike seek to alter it to reflect the realities of a difficult local small business climate and the leasing industry.
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