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San Francisco Mayoral Candidate Proposes Tax Incentives to Revitalize Downtown

Mark Farrell's plan aims to mandate in-office work and transform key areas to combat high vacancy rates and economic decline.

  • Farrell's proposal includes tax cuts for businesses requiring employees to work in-office at least four days a week.
  • San Francisco's office vacancy rate stands at over 36%, the highest among major US cities.
  • The plan also envisions converting buildings to mixed-use, increasing police presence, and adding more housing.
  • Critics question the enforceability and practicality of Farrell's office mandate and long-term vision.
  • Incumbent Mayor London Breed dismisses Farrell's plan, emphasizing her ongoing efforts to stabilize business taxes and public safety.
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