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Committee advances purchase of 835 Turk to create 114 units of supportive housing
Summary
HSH presented a proposed purchase of the Gotham Hotel at 835 Turk for approximately $25.6 million to convert 114 rooms to permanent supportive housing; the committee forwarded the acquisition to the full Board with a positive recommendation following support from service providers and the district supervisor's office.
The Department of Homelessness & Supportive Housing asked the Budget & Finance Committee to authorize purchase of 835 Turk Street (the Gotham Hotel) for approximately $25.6 million plus estimated closing costs ($51,000) and to seek state Homekey funding. Emily Cohen of HSH described the building as well-suited for supportive housing with 114 generously sized rooms, private bathrooms,…
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