City Officer: Board of Supervisors – Filed: November 15, 2011 – Contractor: 25 Essex, L.P., a California Limited Partnership

Nature of Contract

The contract is a long term ground lease, leasing the land at 25 Essex Street tot he above-named contractor for an initial 75 year term with an option to extend for 24 years. The contractor will own the building that will be built on the land. The ground lease stipulates that the contractor must operate the housing built on the site as affordable supportive housing. This ground lease was approved by the San Francisco Redevelopment Agency Commission o October 19-2010 by Resolution Number 127-2010

Date Contract Approved



$0 – Gound Lease


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