Friday’s Daily Briefing: East Bay Is Nation’s 9th Best Office Market; Berkeley Mayor Unveils Ambitious Plan for Homeless
Plus, Trump’s budget would privatize air traffic control nationwide.
Stories you shouldn’t miss for March 17, 2017:
1. The Oakland-the East Bay office market is now the 9th hottest nationwide, reports George Avalos of the Bay Area News Group$, citing a new report from commercial realty firm Marcus and Millichap. The Oakland-East Bay office market jumped four spots from 13th position, and the region’s office vacancy rate is expected to shrink to 11.1 percent this year. The Santa Clara County market was rated first, while San Francisco-San Mateo was third.
2. Berkeley Mayor Jesse Arreguin and Councilmember Sophie Hahn unveiled an ambitious plan for helping the city’s homeless population, but it’s unclear how the city will be able to afford the proposal, reports Kevin Fagan of the San Francisco Chronicle$. The plan calls for moving homeless people into mini-villages and then permanent housing.
3. President Trump’s budget proposal calls for the complete privatization of air traffic control systems at airports nationwide, the LA Times$ reports. Airlines support the move, but many local governments oppose it. In addition, the Trump budget calls for slashing federal transportation funding by 13 percent.
4. The UC Regents unanimously approved UC Berkeley’s first-ever female chancellor, Carol Christ, reports Nanette Asimov of the San Francisco Chronicle$. Christ faces some major issues at Cal, including a huge budget deficit and a campus that is still reeling from its failure to deal with sexual harassment by male professors.
5. Uber, which is counting heavily on driverless cars to make the company profitable, is still having trouble with its self-driving technology. BuzzFeed News reports that Uber internal documents reveal that the company’s driverless vehicles can’t make it a mile without human intervention.
6. And the Trump administration is moving closer to war with North Korea over the country’s expanding nuclear weapons program, the Washington Post$ reports.
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Published March 17, 2017 at 10:12 a.m.