Agenda* / Notice of Assessment Appeals Board
Assessment Appeals Board 1 Hearing
Room 406, City Hall
Monday, April 1, 2013
1:30 PM

Under the California Constitution and applicable statutes, hearings of the Assessment Appeals Board are judicial proceedings. The decisions of Assessment Appeals Boards must be based exclusively on properly admitted evidence. Assessment Appeals Boards may not base any factual determinations necessary for their decisions on anything other than the aforementioned evidence. Information presented through public comment, unless properly admitted into evidence in compliance with the Revenue and Taxation code and the Property Tax Rules of the State Board of Equalization, is not evidence upon which Assessment Appeals Boards may base findings.

The Assessment Appeals Board Agenda packet and documents are available for review in Room 405 at City Hall. Each item on the Agenda may include the following documents: (1) An Application for Changed Assessment (2) Comparable Sale Information (3) Department or Agency Correspondence (4) Public Correspondence.

Public comment will be taken for items on the agenda, as well as items not on the agenda but under the jurisdiction of the Board. Each person wishing to speak on an item before the Board shall be permitted to be heard once for up to three minutes.

1) Public comment* (For all items on the agenda, as well as items not on the agenda, but under the jurisdiction
of the Board.)

2) Hearing, discussion, and possible action involving:
APPLICATION: 2009-2425
APPLICANT: SFH ASSOCIATES LP
PARCEL NO.: 0255 002
PARCEL ADDRESS: 0001 NOB HILL,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $64,478,092.00
APPLICANT'S OPINION: $38,683,000.00
TAXABLE YEAR: 2009
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

3) Hearing, discussion, and possible action involving:
APPLICATION: 2009-3270
APPLICANT: GLENBOROUGH San Francisco, LLC
PARCEL NO.: 3712 023
PARCEL ADDRESS: 0060 SPEAR ST,
TOPIC: Base Year/Change in Ownership-Incorrect Value
CURRENT ASSESSMENT: $58,000,000.00
APPLICANT'S OPINION: $29,000,000.00
TAXABLE YEAR: 2006
APPEAL TYPE: Real Property
ROLL TYPE: SUPPLEMENTAL
STATUS: WITHDRAWN

4) Hearing, discussion, and possible action involving:
APPLICATION: 2009-3271
APPLICANT: GLENBOROUGH San Francisco, LLC
PARCEL NO.: 3712 023
PARCEL ADDRESS: 0060 SPEAR ST,
TOPIC: Base Year/Change in Ownership-Incorrect Value
CURRENT ASSESSMENT: $58,000,000.00
APPLICANT'S OPINION: $29,000,000.00
TAXABLE YEAR: 2007
APPEAL TYPE: Real Property
ROLL TYPE: SUPPLEMENTAL
STATUS: WITHDRAWN

5) Hearing, discussion, and possible action involving:
APPLICATION: 2009-3272
APPLICANT: GLENBOROUGH SAN FRANCISCO, LLC
PARCEL NO.: 3712 023
PARCEL ADDRESS: 0060 SPEAR ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $59,160,000.00
APPLICANT'S OPINION: $29,000,000.00
TAXABLE YEAR: 2008
APPEAL TYPE: Real Property
ROLL TYPE: ESCAPE
STATUS: WITHDRAWN

6) Hearing, discussion, and possible action involving:
APPLICATION: 2009-3274
APPLICANT: GLENBOROUGH San Francisco, LLC
PARCEL NO.: 3712 023
PARCEL ADDRESS: 0060 SPEAR ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $25,742,870.00
APPLICANT'S OPINION: $21,481,000.00
TAXABLE YEAR: 2009
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: WITHDRAWN

7) Hearing, discussion, and possible action involving:
APPLICATION: 2009-3275
APPLICANT: GLENBOROUGH San Francisco, LLC
PARCEL NO.: 3715 013
PARCEL ADDRESS: 0188 THE EMBARCADERO,
TOPIC: Base Year/Change in Ownership-Incorrect Value
CURRENT ASSESSMENT: $53,370,000.00
APPLICANT'S OPINION: $26,685,000.00
TAXABLE YEAR: 2006
APPEAL TYPE: Real Property
ROLL TYPE: SUPPLEMENTAL
STATUS: WITHDRAWN

8) Hearing, discussion, and possible action involving:
APPLICATION: 2009-3276
APPLICANT: GLENBOROUGH SAN FRANCISCO, LLC
PARCEL NO.: 3715 013
PARCEL ADDRESS: 0188 THE EMBARCADERO ,
TOPIC: Base Year/Change in Ownership-Incorrect Value
CURRENT ASSESSMENT: $53,370,000.00
APPLICANT'S OPINION: $26,685,000.00
TAXABLE YEAR: 2007
APPEAL TYPE: Real Property
ROLL TYPE: SUPPLEMENTAL
STATUS: WITHDRAWN

9) Hearing, discussion, and possible action involving:
APPLICATION: 2009-3277
APPLICANT: GLENBOROUGH San Francisco, LLC
PARCEL NO.: 3715 013
PARCEL ADDRESS: 0188 THE EMBARCADERO,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $54,437,400.00
APPLICANT'S OPINION: $26,685,000.00
TAXABLE YEAR: 2008
APPEAL TYPE: Real Property
ROLL TYPE: ESCAPE
STATUS: WITHDRAWN

10) Hearing, discussion, and possible action involving:
APPLICATION: 2009-3279
APPLICANT: GLENBOROUGH San Francisco, LLC
PARCEL NO.: 3715 013
PARCEL ADDRESS: 0188 THE EMBARCADERO,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $38,927,114.00
APPLICANT'S OPINION: $19,766,000.00
TAXABLE YEAR: 2009
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: WITHDRAWN

11) Hearing, discussion, and possible action involving:
APPLICATION: 2009-3401
APPLICANT: SIC 501 SECOND STREET, LLC
PARCEL NO.: 3774 067
PARCEL ADDRESS: 0501 2ND ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $62,611,271.00
APPLICANT'S OPINION: $18,782,000.00
TAXABLE YEAR: 2009
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

12) Hearing, discussion, and possible action involving:
APPLICATION: 2009-3444
APPLICANT: SFH ASSOCIATES LP
PARCEL NO.: 2009205528
PARCEL ADDRESS: ,
TOPIC: Personal Property / Fixtures
CURRENT ASSESSMENT: $5,813,875.00
APPLICANT'S OPINION: $2,900,000.00
TAXABLE YEAR: 2009
APPEAL TYPE: Personal Property
ROLL TYPE: REGULAR

13) Hearing, discussion, and possible action involving:
APPLICATION: 2010-2014
APPLICANT: HOWARD STREET ASSOCIATES, LLC
PARCEL NO.: 3733 079
PARCEL ADDRESS: 0881 - 0899 HOWARD ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $47,744,975.00
APPLICANT'S OPINION: $40,000,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: POSTPONED

14) Hearing, discussion, and possible action involving:
APPLICATION: 2010-2441
APPLICANT: SFH ASSOCIATES LP
PARCEL NO.: 0255 002
PARCEL ADDRESS: 0001 NOB HILL ,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $64,325,279.00
APPLICANT'S OPINION: $32,160,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

15) Hearing, discussion, and possible action involving:
APPLICATION: 2010-2442
APPLICANT: SFH ASSOCIATES LP
PARCEL NO.: 2010204848
PARCEL ADDRESS: 0999 CALIFORNIA ST,
TOPIC: Personal Property / Fixtures
CURRENT ASSESSMENT: $2,847,000.00
APPLICANT'S OPINION: $2,847,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Personal Property
ROLL TYPE: REGULAR

16) Hearing, discussion, and possible action involving:
APPLICATION: 2010-2863
APPLICANT: BENTLY RESERVE, LP
PARCEL NO.: 0229 003
PARCEL ADDRESS: 0325 BATTERY ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $54,296,447.00
APPLICANT'S OPINION: $43,437,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Both Real & Personal Prty
ROLL TYPE: REGULAR
STATUS: POSTPONED

17) Hearing, discussion, and possible action involving:
APPLICATION: 2011-2774
APPLICANT: SIC 501 SECOND STREET LLC
PARCEL NO.: 3774 067
PARCEL ADDRESS: 0501 02ND ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $62,933,226.00
APPLICANT'S OPINION: $18,878,000.00
TAXABLE YEAR: 2011
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

18) Hearing, discussion, and possible action involving:
APPLICATION: 2011-3749
APPLICANT: HOWARD STREET ASSOCIATES
PARCEL NO.: 3733 079
PARCEL ADDRESS: 0881 - 0899 HOWARD ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $48,104,494.00
APPLICANT'S OPINION: $40,000,000.00
TAXABLE YEAR: 2011
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: POSTPONED

19) Hearing, discussion, and possible action involving:
APPLICATION: 2011-3773
APPLICANT: MONTGOMERY LANDS INC.
PARCEL NO.: 0239 012
PARCEL ADDRESS: 0456 MONTGOMERY ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $508,383.00
APPLICANT'S OPINION: $256,469.00
TAXABLE YEAR: 2011
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: WITHDRAWN

20) Hearing, discussion, and possible action involving:
APPLICATION: 2011-3774
APPLICANT: MONTGOMERY LANDS INC.
PARCEL NO.: 0239 013
PARCEL ADDRESS: 0456 MONTGOMERY ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $828,853.00
APPLICANT'S OPINION: $425,000.00
TAXABLE YEAR: 2011
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: WITHDRAWN

21) Hearing, discussion, and possible action involving:
APPLICATION: 2011-3776
APPLICANT: MONTGOMERY LANDS INC.
PARCEL NO.: 0239 014
PARCEL ADDRESS: 0456 MONTGOMERY ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $51,742,525.00
APPLICANT'S OPINION: $25,900,000.00
TAXABLE YEAR: 2011
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: WITHDRAWN

22) Hearing, discussion, and possible action involving:
APPLICATION: 2011-3826
APPLICANT: BENTLY RESERVE, LP
PARCEL NO.: 0229 003
PARCEL ADDRESS: 0325 BATTERY ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $54,690,053.00
APPLICANT'S OPINION: $27,411,000.00
TAXABLE YEAR: 2011
APPEAL TYPE: Both Real & Personal Prty
ROLL TYPE: REGULAR
STATUS: POSTPONED

23) Hearing, discussion, and possible action involving:
APPLICATION: 2011-3830
APPLICANT: GLENBOROUGH SAN FRANCISCO LLC
PARCEL NO.: 3712 023
PARCEL ADDRESS: 0060 SPEAR ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $60,653,492.00
APPLICANT'S OPINION: $30,400,000.00
TAXABLE YEAR: 2011
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

24) Hearing, discussion, and possible action involving:
APPLICATION: 2011-3832
APPLICANT: GLENBOROUGH SAN FRANCISCO LLC
PARCEL NO.: 3715 013
PARCEL ADDRESS: 0188 THE EMBARCADERO ,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $55,811,670.00
APPLICANT'S OPINION: $28,000,000.00
TAXABLE YEAR: 2011
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

25) Hearing, discussion, and possible action involving:
APPLICATION: 2011-3886
APPLICANT: EAST WEST BANK
PARCEL NO.: 0227 048
PARCEL ADDRESS: 0555 MONTGOMERY ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $58,197,373.00
APPLICANT'S OPINION: $42,182,278.00
TAXABLE YEAR: 2011
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: POSTPONED

26) Hearing, discussion, and possible action involving:
APPLICATION: 2011-3931
APPLICANT: SF MH ACQUISITION LLC
PARCEL NO.: 0255 002
PARCEL ADDRESS: 0001 NOB HILL,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $65,611,784.00
APPLICANT'S OPINION: $46,588,000.00
TAXABLE YEAR: 2011
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

27) Hearing, discussion, and possible action involving:
APPLICATION: 2011-3932
APPLICANT: SFH ASSOCIATES LP
PARCEL NO.: 2011205376
PARCEL ADDRESS: 0999 CALIFORNIA ST,
TOPIC: Personal Property / Fixtures
CURRENT ASSESSMENT: $4,798,327.00
APPLICANT'S OPINION: $3,407,000.00
TAXABLE YEAR: 2011
APPEAL TYPE: Personal Property
ROLL TYPE: REGULAR

KNOW YOUR RIGHTS UNDER THE SUNSHINE ORDINANCE
Government's duty is to serve the public, reaching it's decision in full view of the public. Commissions, boards, councils and other agencies of the City and County exist to conduct the people's business. This ordinance assures that deliberations are conducted before the people and the City operations are open to the people's review.

For more information on your rights under the Sunshine Ordinance (Chapter 67 of the San Francisco Administrative Code) or to report a violation of the ordinance, contact the Administrator by mail to: Sunshine Ordinance Task Force, 1 Dr. Carlton B. Goodlett Place, Room 244, San Francisco, CA 94102-4689; by phone at 415.554.7724, by fax at 415.554.7854, or by e-mail at sotf@sfgov.org.

Citizens interested in obtaining a free copy of the Sunshine Ordinance can request a copy from the Administrator or by printing Chapter 67 of the San Francisco Administrative Code from the Internet, at http://www.sfgov.org/sunshine/

Lobbyist Registration and Reporting Requirements
Individuals and entities that influence or attempt to influence local legislative or administrative action may be required by the San Francisco Lobbyist Ordinance [SF Campaign & Governmental Conduct Code § 2.100] to register and report lobbying activity. For more information about the Lobbyist Ordinance, please contact the San Francisco Ethics Commission at 30 Van Ness Avenue, Suite 3900, San Francisco, CA 94102; telephone (415) 581-2300; fax (415) 581-2317; Web Site www.sfgov.org/ethics.

Disability Access – The hearing room is wheelchair accessible.

* Public comment will be taken on every item on the agenda.