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Downtown San Francisco Restaurant Owners Want the City to Cover Their APEC Losses

A group of business owners asked the city to compensate them for the money they lost due to the Asia-Pacific Economic Cooperation summit last month

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Lauren Saria is the editor of Eater SF and has been writing about food, drinks, and restaurants for more than a decade.

A group of business owners have asked the city to cover the losses they suffered due to the Asia-Pacific Economic Cooperation (APEC) conference held in downtown San Francisco last month. The San Francisco Chronicle reports a handful of business owners in the SoMa area around Moscone Center told the Board of Supervisors on Wednesday that “APEC cost them tens of thousands of dollars” as a result of the security measures in place for the weeklong event. As Eater SF reported in early November, many downtown restaurant owners worried ahead of the event that street closures and security checkpoints would prevent customers and vendors from being able to access their businesses.

Manuel Ramirez, who owns the Korean fried chicken spot Bonchon at the Metreon, tells the Chronicle that he stocked up his kitchen ahead of the conference because his suppliers weren’t willing to work around the security measures in place for APEC. But rather than a bump in business, he says he estimates the business lost about $50,000; had he chosen to close for the week instead, he could have minimized the damage to about $10,000. According to a spokesperson for the mayor, the Office of Economic Workforce and Development is speaking to business owners and “working on next steps.”

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