Board 1 - April 9, 2013 - Agenda

Meeting Date: 
April 9, 2013 (All day)

Agenda* / Notice of Assessment Appeals Board
Assessment Appeals Board 1 Hearing
Room 406, City Hall
Tuesday, April 09, 2013
9:30 AM (All Day)

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: 2009-2935
APPLICANT: 55 FIFTH STREET CORPORATION
PARCEL NO.: 3705 039
PARCEL ADDRESS: 0055 5TH ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $21,745,084.00
APPLICANT'S OPINION: $11,959,795.00
TAXABLE YEAR: 2009
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

3) Hearing, discussion, and possible action involving:
APPLICATION: 2011-4663
APPLICANT: MIRIWA CENTER INVESTMENTS
PARCEL NO.: 0161 082
PARCEL ADDRESS: 0728 PACIFIC AVE, 1
TOPIC: Decline in Value
CURRENT ASSESSMENT: $1,706,491.00
APPLICANT'S OPINION: $865,203.00
TAXABLE YEAR: 2011
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

4) Hearing, discussion, and possible action involving:
APPLICATION: 2011-4664
APPLICANT: MAH, BING HONG & JEAN B. TRS.
PARCEL NO.: 0183 007
PARCEL ADDRESS: 1200 - 1220 JACKSON ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $2,095,772.00
APPLICANT'S OPINION: $1,048,000.00
TAXABLE YEAR: 2011
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: WITHDRAWN

5) Hearing, discussion, and possible action involving:
APPLICATION: 2011-4665
APPLICANT: KAITLIN APARTMENTS, LP
PARCEL NO.: 0184 008
PARCEL ADDRESS: 1501 LEAVENWORTH ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $3,591,910.00
APPLICANT'S OPINION: $1,796,927.00
TAXABLE YEAR: 2011
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

6) Hearing, discussion, and possible action involving:
APPLICATION: 2011-4670
APPLICANT: WARRINGTON APARTMENTS LLC
PARCEL NO.: 0304 014
PARCEL ADDRESS: 0775 POST ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $3,941,357.00
APPLICANT'S OPINION: $1,970,000.00
TAXABLE YEAR: 2011
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

7) Hearing, discussion, and possible action involving:
APPLICATION: 2011-4672
APPLICANT: 1430 VAN NESS PARTNERS
PARCEL NO.: 0667 011
PARCEL ADDRESS: 1480 VAN NESS AVE,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $6,785,163.00
APPLICANT'S OPINION: $3,393,000.00
TAXABLE YEAR: 2011
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

8) Hearing, discussion, and possible action involving:
APPLICATION: 2011-4684
APPLICANT: RADHA KRISHNA, LLC
PARCEL NO.: 3703 002
PARCEL ADDRESS: 0020 - 0022 06TH ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $1,808,973.00
APPLICANT'S OPINION: $907,400.00
TAXABLE YEAR: 2011
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

9) Hearing, discussion, and possible action involving:
APPLICATION: 2011-4685
APPLICANT: 55 FIFTH STREET CORPORATION
PARCEL NO.: 3705 039
PARCEL ADDRESS: 0055 5TH ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $22,628,475.00
APPLICANT'S OPINION: $11,700,577.00
TAXABLE YEAR: 2011
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

10) Hearing, discussion, and possible action involving:
APPLICATION: 2011-4686
APPLICANT: TOY REAL ESTATE INVESTMENT CO. II LLC
PARCEL NO.: 3721 025
PARCEL ADDRESS: 0171 2ND ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $5,388,862.00
APPLICANT'S OPINION: $2,697,540.00
TAXABLE YEAR: 2011
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

11) Hearing, discussion, and possible action involving:
APPLICATION: 2011-4764
APPLICANT: PATEL, VIJAYKUMAR
PARCEL NO.: 0499 009
PARCEL ADDRESS: 2850 VAN NESS AVE,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $3,955,480.00
APPLICANT'S OPINION: $1,977,000.00
TAXABLE YEAR: 2011
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

12) Hearing, discussion, and possible action involving:
APPLICATION: 2011-4766
APPLICANT: VIJAY INVESTMENTS INC.
PARCEL NO.: 0717 018
PARCEL ADDRESS: 0790 ELLIS ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $6,963,184.00
APPLICANT'S OPINION: $3,482,000.00
TAXABLE YEAR: 2011
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

13) Hearing, discussion, and possible action involving:
APPLICATION: 2011-4769
APPLICANT: MARINA INN LLC
PARCEL NO.: 0496 013
PARCEL ADDRESS: 3110 OCTAVIA ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $4,946,486.00
APPLICANT'S OPINION: $2,494,048.00
TAXABLE YEAR: 2011
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

14) Hearing, discussion, and possible action involving:
APPLICATION: 2011-4771
APPLICANT: GREENWICH INN LLC
PARCEL NO.: 0511 005
PARCEL ADDRESS: 3201 STEINER ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $2,509,798.00
APPLICANT'S OPINION: $1,255,000.00
TAXABLE YEAR: 2011
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

15) Hearing, discussion, and possible action involving:
APPLICATION: 2011-4772
APPLICANT: GREENWICH INN LLC
PARCEL NO.: 0510 016
PARCEL ADDRESS: 3200 STEINER ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $1,655,420.00
APPLICANT'S OPINION: $828,000.00
TAXABLE YEAR: 2011
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

16) Hearing, discussion, and possible action involving:
APPLICATION: 2011-4773
APPLICANT: MARITAL FAMILY TRUST
PARCEL NO.: 3704 067
PARCEL ADDRESS: 0993 MARKET ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $848,942.00
APPLICANT'S OPINION: $425,000.00
TAXABLE YEAR: 2011
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

17) Hearing, discussion, and possible action involving:
APPLICATION: 2011-4775
APPLICANT: PATEL, VIJAYKUMAR
PARCEL NO.: 3730 011
PARCEL ADDRESS: 0290 - 0298 070290 - 0298 07TH ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $2,927,793.00
APPLICANT'S OPINION: $1,464,000.00
TAXABLE YEAR: 2011
APPEAL TYPE: Real 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 415.554.7724415.554.7724, 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(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.

 

 

 

 

 THIS HEARING IS CANCELLED

Agenda* / Notice of Assessment Appeals Board
Assessment Appeals Board 1 Hearing
Room 406, City Hall
Tuesday, April 09, 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: 2011-2787
APPLICANT: TEACHERS INSURANCE & ANNUITY
PARCEL NO.: 0311 010
PARCEL ADDRESS: 0088 KEARNY ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $12,956,445.00
APPLICANT'S OPINION: $3,887,000.00
TAXABLE YEAR: 2011
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

3) Hearing, discussion, and possible action involving:
APPLICATION: 2011-2799
APPLICANT: TEACHERS INSURANCE & ANNUITY
PARCEL NO.: 0311 011
PARCEL ADDRESS: 0088 KEARNY ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $13,453,108.00
APPLICANT'S OPINION: $4,036,000.00
TAXABLE YEAR: 2011
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

4) Hearing, discussion, and possible action involving:
APPLICATION: 2011-2800
APPLICANT: TEACHERS INSURANCE & ANNUITY
PARCEL NO.: 0311 007
PARCEL ADDRESS: 0088 KEARNY ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $11,036,970.00
APPLICANT'S OPINION: $3,311,000.00
TAXABLE YEAR: 2011
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

5) Hearing, discussion, and possible action involving:
APPLICATION: 2011-2802
APPLICANT: TEACHERS INSURANCE & ANNUITY
PARCEL NO.: 0311 008
PARCEL ADDRESS: 0088 KEARNY ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $34,790,468.00
APPLICANT'S OPINION: $10,436,000.00
TAXABLE YEAR: 2011
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

6) Hearing, discussion, and possible action involving:
APPLICATION: 2011-2804
APPLICANT: TEACHERS INSURANCE & ANNUITY
PARCEL NO.: 0311 009
PARCEL ADDRESS: 0088 KEARNY ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $7,797,858.00
APPLICANT'S OPINION: $2,339,000.00
TAXABLE YEAR: 2011
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

7) Hearing, discussion, and possible action involving:
APPLICATION: 2011-3154
APPLICANT: PRUDENTIAL INSURANCE CO. OF AMERICA
PARCEL NO.: 3707 051
PARCEL ADDRESS: 0685 MARKET ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $64,688,168.00
APPLICANT'S OPINION: $35,000,000.00
TAXABLE YEAR: 2011
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

8) Hearing, discussion, and possible action involving:
APPLICATION: 2011-3497
APPLICANT: HUDSON 222 KEARNY LLC
PARCEL NO.: 0288 010
PARCEL ADDRESS: 0180 SUTTER ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $20,496,696.00
APPLICANT'S OPINION: $16,000,000.00
TAXABLE YEAR: 2011
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: POSTPONED

9) Hearing, discussion, and possible action involving:
APPLICATION: 2011-3498
APPLICANT: HUDSON 222 KEARNY LLC
PARCEL NO.: 0288 011
PARCEL ADDRESS: 0220 KEARNY ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $9,516,323.00
APPLICANT'S OPINION: $7,300,000.00
TAXABLE YEAR: 2011
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: POSTPONED

10) Hearing, discussion, and possible action involving:
APPLICATION: 2011-3499
APPLICANT: HUDSON 222 KEARNY LLC
PARCEL NO.: 0288 029
PARCEL ADDRESS: 0222 KEARNY ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $24,909,761.00
APPLICANT'S OPINION: $20,000,000.00
TAXABLE YEAR: 2011
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: POSTPONED

11) Hearing, discussion, and possible action involving:
APPLICATION: 2011-3846
APPLICANT: GAP, INC. (LESSEE)
PARCEL NO.: 3705Z002
PARCEL ADDRESS: 0801 MARKET ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $88,003,817.00
APPLICANT'S OPINION: $43,900,000.00
TAXABLE YEAR: 2011
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: POSTPONED

12) Hearing, discussion, and possible action involving:
APPLICATION: 2011-3848
APPLICANT: GAP, INC. (LESSEE)
PARCEL NO.: 3769 002A
PARCEL ADDRESS: 0001 HARRISON ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $56,500,110.00
APPLICANT'S OPINION: $30,094,603.00
TAXABLE YEAR: 2011
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: POSTPONED

13) Hearing, discussion, and possible action involving:
APPLICATION: 2011-4156
APPLICANT: RREEF AMERICA REIT III CORP EE
PARCEL NO.: 3735 046
PARCEL ADDRESS: 0055 HAWTHORNE ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $35,733,271.00
APPLICANT'S OPINION: $26,800,000.00
TAXABLE YEAR: 2011
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

14) Hearing, discussion, and possible action involving:
APPLICATION: 2011-4157
APPLICANT: RREEF AMERICA REIT III CORP EE
PARCEL NO.: 3735 005
PARCEL ADDRESS: 0631 HOWARD ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $23,999,958.00
APPLICANT'S OPINION: $18,000,000.00
TAXABLE YEAR: 2011
APPEAL TYPE: Real 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 415.554.7724415.554.7724, 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(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.