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Hotel Developer Ordered to Pay Up

SAN FRANCISCO-A court battle between a developer and the city over a hotel conversion law has been resolved. The developer must pay more than $1 million to cover more than six years worth of affordable housing fees.

By Michelle Savage | Updated on March 24, 2002

SAN FRANCISCO-San Francisco’s City Attorney today said he is pleased at the resolution of a long-running court battle with a hotel developer over more than $1 million in affordable housing fees.

Dennis Herrera, who took office in January, announced today that the developer in question, Harsch Investment Corp., now has until April 18 to pay the back fees that were imposed six years ago because the Allison Hotel’s residential units on Stockton Street were about to be converted to tourist rentals. Interest accrued since 1996 is also due, according to the City Attorney’s office.

The order to pay up, or restore the 74 units of affordable housing that were lost, was issued in March by San Francisco Superior Court Judge Alex Saldamando.

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