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Sweetheart Deals

2008_12_fcd.jpgFor those of you restaurateurs currently struggling to pay your astronomical rents, you might not want to read about the loopholes that allow the Port of San Francisco to rent pricey waterfront property at below market rates: "... the agreements aren't subject to review by the Board of Supervisors and nobody in city government knows how much more money stands to be made ... Scoma's Restaurant rents a 493-square foot valet parking area for $439 a month, a lease that has been in place since 1978. Fog City Diner pays $50 a month for sidewalk and curb parking space and has held the lease since 1985." [Chron]

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