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Supervisors approve 10‑year lease extensions for two master‑leased supportive hotels; committee presses for acquisition plan
Summary
The committee approved forwarding lease extensions for the Windsor Hotel (104 SRO units) and Hotel LaNain (92 SRO units) to the Board with positive recommendation, and members pressed HSH and Real Estate for a citywide inventory and a strategy on whether to acquire long‑leased PSH buildings or continue master leases.
The Budget & Finance Committee voted to forward to the Board two resolutions authorizing the property director to exercise 10‑year lease extension options for master‑leased permanent supportive housing at 234–238 Eddy Street (Windsor Hotel, 104 SRO units) and 730 Eddy Street (Hotel LaNain, 92 SRO units). Claudia Gorham from the Real Estate Division presented the lease…
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