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Planning Commission approves merger of two units at 765 Market Street after debate over affordability threshold
Summary
The San Francisco Planning Commission voted 6–1 to allow a merger of two condominium units at 765 Market Street, narrowing a long-running debate over the city’s affordability threshold and appraisal methods used to judge whether a unit is 'demonstrably not affordable.'
At a Planning Commission meeting, the commission voted 6–1 to approve a proposal to merge two condominium units (Units 22A and 22B) at 765 Market Street, a decision that will remove one dwelling unit from a 139-unit building.
Staff recommended disapproval, saying the smaller unit did not meet the planning code’s administrative threshold for being 'demonstrably not affordable' and that the merger would reduce the building’s net unit count, contrary to Mayor Lee’s Executive Directive 13.01 and Planning Code Section 3.17. Planning Department staff told the commission the administrative threshold is calculated as the 80th percentile of single-family home sales and was set at…
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