by admin | Nov 4, 2015 | Uncategorized
In a unanimous vote last night, but with widely different motivations, the City Council repealed the rent control ordinance narrowly passed in early August. The ordinance was suspended by a successful petition drive, and the City Council had two choices, (1) place it...
by admin | Nov 3, 2015 | Uncategorized
The application by the Contra Costa County Sheriff to expand the West Contra Costa Detention Center in Richmond appears to be unsuccessful. Preliminary scoring by the Steering Committee left the project in 6th place out of ten large county grant applications where...
by admin | Nov 2, 2015 | Uncategorized
Click here for the 2015 3rd Quarter Richmond Report. The market for Richmond manufacturing space hit an all-time low vacancy rate of 4.1%, down from 8.4% just a year ago. Office and Office/flex is showing both continued absorption and higher rents as Berkeley,...
by admin | Nov 2, 2015 | Uncategorized
Mayor and Members of the City Council: This is the weekly report for the week ending October 30, 2015. 1. Meeting Notes The next City Council meeting is scheduled for Tuesday, November 3rd beginning with a closed Session at 5:00 PM, followed by the regular agenda at...
by admin | Nov 2, 2015 | Uncategorized
Despite warnings that the suspension of the Rent Control Ordinance would motivate landlord’s to take advantage and spike rents, that has not occurred. Richmond rentals remain the best bargain in the inner Bay Area. They are significantly below Richmond’s nearest...
