Agenda* / Notice of Assessment Appeals Board
Assessment Appeals Board 1 Hearing
Room 406, City Hall
Thursday, May 10, 2012
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: 2009-1918
APPLICANT: FIFIELD ECHELON INVESTORS, LLC
PARCEL NO.: 3747 320
PARCEL ADDRESS: 0355 - 0375 FREMONT ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $48,846,780.00
APPLICANT'S OPINION: $28,000,000.00
TAXABLE YEAR: 2009
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: WITHDRAWN

3) Hearing, discussion, and possible action involving:
APPLICATION: 2009-3260
APPLICANT: OP & F STEVENSON CORP
PARCEL NO.: 3708 040
PARCEL ADDRESS: 0049 STEVENSON ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $42,315,557.00
APPLICANT'S OPINION: $12,693,000.00
TAXABLE YEAR: 2009
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: POSTPONED

4) Hearing, discussion, and possible action involving:
APPLICATION: 2009-3261
APPLICANT: OP & F STEVENSON CORP
PARCEL NO.: 3708 039
PARCEL ADDRESS: 0053 STEVENSON ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $1,193,528.00
APPLICANT'S OPINION: $358,000.00
TAXABLE YEAR: 2009
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: POSTPONED

5) Hearing, discussion, and possible action involving:
APPLICATION: 2010-1466
APPLICANT: HONORWAY INVESTMENT CORP
PARCEL NO.: 0265 003
PARCEL ADDRESS: 0388 MARKET ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $1,315,082.00
APPLICANT'S OPINION: $1,000,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: WITHDRAWN

6) Hearing, discussion, and possible action involving:
APPLICATION: 2010-1467
APPLICANT: HONORWAY INVESTMENT CORP
PARCEL NO.: 0265 004
PARCEL ADDRESS: 0388 MARKET ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $10,930,132.00
APPLICANT'S OPINION: $7,000,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: WITHDRAWN

7) Hearing, discussion, and possible action involving:
APPLICATION: 2010-1468
APPLICANT: HONORWAY INVESTMENT CORP
PARCEL NO.: 0265 005
PARCEL ADDRESS: 0388 MARKET ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $67,644,881.00
APPLICANT'S OPINION: $42,000,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: WITHDRAWN

8) Hearing, discussion, and possible action involving:
APPLICATION: 2010-1515
APPLICANT: GLENBOROUGH SAN FRANCISCO LLC
PARCEL NO.: 3715 013
PARCEL ADDRESS: 0188 THE EMBARCADERO ,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $55,394,550.00
APPLICANT'S OPINION: $27,000,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

9) Hearing, discussion, and possible action involving:
APPLICATION: 2010-1518
APPLICANT: GLENBOROUGH SAN FRANCISCO LLC
PARCEL NO.: 3712 023
PARCEL ADDRESS: 0060 SPEAR ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $60,200,185.00
APPLICANT'S OPINION: $19,000,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

10) Hearing, discussion, and possible action involving:
APPLICATION: 2010-1943
APPLICANT: FIFIELD ECHELON INVESTORS, LLC
PARCEL NO.: 3747 320
PARCEL ADDRESS: 0355 0375 FREMONT ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $48,731,013.00
APPLICANT'S OPINION: $30,000,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: WITHDRAWN

11) Hearing, discussion, and possible action involving:
APPLICATION: 2010-2058
APPLICANT: ARDEN REALTY LP
PARCEL NO.: 0168 057
PARCEL ADDRESS: 0057 THE EMBARCADERO ,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $49,149,239.00
APPLICANT'S OPINION: $15,960,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

12) Hearing, discussion, and possible action involving:
APPLICATION: 2010-2059
APPLICANT: ARDEN REALTY LP
PARCEL NO.: 0171 068
PARCEL ADDRESS: 0001 JACKSON ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $50,879,130.00
APPLICANT'S OPINION: $16,523,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

13) Hearing, discussion, and possible action involving:
APPLICATION: 2010-2061
APPLICANT: ARDEN REALTY LP
PARCEL NO.: 0167 063
PARCEL ADDRESS: 0075 BROADWAY ,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $53,931,877.00
APPLICANT'S OPINION: $17,513,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

14) Hearing, discussion, and possible action involving:
APPLICATION: 2010-2075
APPLICANT: WILLIAMS-SONOMA INC
PARCEL NO.: 0112 009
PARCEL ADDRESS: 1150 SANSOME ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $60,725,979.00
APPLICANT'S OPINION: $30,290,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: WITHDRAWN

15) Hearing, discussion, and possible action involving:
APPLICATION: 2010-2123
APPLICANT: CORE FUND STEVENSON PRPTY LLC
PARCEL NO.: 3708 039
PARCEL ADDRESS: 0053 STEVENSON ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $1,195,150.00
APPLICANT'S OPINION: $360,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: POSTPONED

16) Hearing, discussion, and possible action involving:
APPLICATION: 2010-2139
APPLICANT: CORE FUND STEVENSON PRPTY LLC
PARCEL NO.: 3708 040
PARCEL ADDRESS: 0049 STEVENSON ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $43,069,692.00
APPLICANT'S OPINION: $12,951,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: POSTPONED

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.

Agenda* / Notice of Assessment Appeals Board
Assessment Appeals Board 1 Hearing
Room 406, City Hall
Thursday, May 10, 2012
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: 2010-1206
APPLICANT: SANGIACOMO FAMILY TRUST
PARCEL NO.: 3702 044
PARCEL ADDRESS: 1145 MARKET ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $14,012,584.00
APPLICANT'S OPINION: $7,000,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

3) Hearing, discussion, and possible action involving:
APPLICATION: 2010-1207
APPLICANT: SANGIACOMO FAMILY TRUST
PARCEL NO.: 3702 044A
PARCEL ADDRESS: 1141 MARKET ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $14,012,584.00
APPLICANT'S OPINION: $7,000,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

4) Hearing, discussion, and possible action involving:
APPLICATION: 2010-1464
APPLICANT: REDEVELOPMENT AGENCY SFCC
PARCEL NO.: 3706 272
PARCEL ADDRESS: 7650 MARKET ,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $26,392,003.00
APPLICANT'S OPINION: $10,000,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: POSTPONED

5) Hearing, discussion, and possible action involving:
APPLICATION: 2010-1785
APPLICANT: STOCKBRIDGE 138 NEW MONTGOMERY, LLC
PARCEL NO.: 3722 079
PARCEL ADDRESS: 1480 NATOMA ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $24,391,455.00
APPLICANT'S OPINION: $18,000,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

6) Hearing, discussion, and possible action involving:
APPLICATION: 2010-1795
APPLICANT: 1221 JONES LLC
PARCEL NO.: 0220 036
PARCEL ADDRESS: 1221 JONES ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $38,159,347.00
APPLICANT'S OPINION: $19,000,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

7) Hearing, discussion, and possible action involving:
APPLICATION: 2010-1908
APPLICANT: EMPORIUM DEVELOPMENT, LLC
PARCEL NO.: 3705 055
PARCEL ADDRESS: 0845 MARKET ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $26,898,969.00
APPLICANT'S OPINION: $20,770,975.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: ROLL CORRECTION
STATUS: WITHDRAWN

8) Hearing, discussion, and possible action involving:
APPLICATION: 2010-1926
APPLICANT: MISSION STREET PROPERTY, LLC
PARCEL NO.: 3721 122
PARCEL ADDRESS: 0531 - 0533 SITUS TO BE ASSIGNED ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $31,138,028.00
APPLICANT'S OPINION: $15,000,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

9) 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

10) Hearing, discussion, and possible action involving:
APPLICATION: 2010-2015
APPLICANT: HB-255 CALIFORNIA LLC
PARCEL NO.: 0262 013
PARCEL ADDRESS: 0255 CALIFORNIA ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $59,248,418.00
APPLICANT'S OPINION: $35,000,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: WITHDRAWN

11) Hearing, discussion, and possible action involving:
APPLICATION: 2010-2074
APPLICANT: WILLIAMS-SONOMA INC
PARCEL NO.: 0112 001
PARCEL ADDRESS: 1051 BATTERY ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $28,576,929.00
APPLICANT'S OPINION: $14,281,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: WITHDRAWN

12) Hearing, discussion, and possible action involving:
APPLICATION: 2010-2100
APPLICANT: VILLA FLORENCE HOTEL, LLC
PARCEL NO.: 0315 006
PARCEL ADDRESS: 0221 - 0225 POWELL ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $13,960,582.00
APPLICANT'S OPINION: $9,244,174.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: POSTPONED

13) Hearing, discussion, and possible action involving:
APPLICATION: 2010-2101
APPLICANT: VILLA FLORENCE HOTEL, LLC
PARCEL NO.: 0315 007
PARCEL ADDRESS: 0201 POWELL ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $4,151,736.00
APPLICANT'S OPINION: $2,000,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: POSTPONED

14) Hearing, discussion, and possible action involving:
APPLICATION: 2010-2102
APPLICANT: VILLA FLORENCE HOTEL, LLC
PARCEL NO.: 0315 008
PARCEL ADDRESS: 0201 POWELL ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $4,151,736.00
APPLICANT'S OPINION: $2,000,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: POSTPONED

15) Hearing, discussion, and possible action involving:
APPLICATION: 2010-2103
APPLICANT: VILLA FLORENCE HOTEL, LLC
PARCEL NO.: 0315 009
PARCEL ADDRESS: 0201 POWELL ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $4,151,736.00
APPLICANT'S OPINION: $2,000,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: POSTPONED

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.