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SAN FRANCISCO CRYSTAL FAIR

The Great San Francisco Crystal Fair takes place at the San Francisco County Fair Building in Golden Gate Park.

It hosts a large collection of crystals, beads, minerals, jewelry and metaphysical healing. Venders from Bali, Nepal, Afghanistan and China are participating.

On Sunday, March 3, the fair takes place from 10am – 4pm.

For more information, visit crystalfair.Com.

San Francisco Street Vendors Deal With Uncertainty Over Proposed Bans

SAN FRANCISCO -- It's been one thing after another for street vendors like Gustavo Txin after a temporary street-vending ban was put in place last year in San Francisco's Mission District last yea and later extended. He operates without a street-vending permit due to its steep price of $454.

"We've been working here for years without having issues until now," Txin said.

Txin says he's been working along Mission Street for five years when he started having health issues and wasn't able to secure a regular job.

"I started this business with my wife and thank God we've done well enough to survive," he added.

Now, he's feeling anxiety over San Francisco mayoral candidate Mark Farrell's sweeping public safety plan.

Farrell's plan includes expanding illegal street-vending bans citywide with targeted enforcement in areas like the Tenderloin, Civic Center and UN Plaza, where police officers were out on patrol this week.

KPIX asked former supervisor Farrell how his crackdown would impact vendors like Txin who fall into a "gray area."

He says his priority is public safety but he is also committed to finding solutions that balance the needs of honest vendors. Solutions such as helping vendors apply for permits.

"Let's work with the ones that have permits. Let's make sure that the ones that are doing it the right way -- the ones that are contributing to the vibrancy of our neighborhoods -- let's work with them to make their experiences and the shoppers' experience better but let's be very clear that illegal vending would not longer be part of the landscape of San Francisco," Farrell explained.

Right now, even Mission Street vendors with permits, like Ramiro López, are concerned about the potential impact of increased enforcement.

"That's one of the things that we worry about and it's because they started right here in the Mission and then they want to extend it to different neighborhoods and the whole city so we don't wanna lose part of the roots as Hspanic, Latino, being a street vendor," López said.

For now, Txin says he's hoping for clarity and a path forward that allows him to continue his businesses without fear of repercussions.

"We are all concerned but we will keep fighting for my rights to keep selling here," he said.

Zendesk Poised To Sublease 40K Sf From Meta In San Francisco

A 435,000-square-foot office building vacated by Meta in Downtown San Francisco is filling up.

Zendesk, a locally based customer service software firm, is poised to sublease more than 40,000 square feet at the 55-story tower at 181 Fremont Street in SoMa's Transbay District, the San Francisco Business Times reported, citing unidentified sources.

The pending sublease from the Menlo Park-based parent company of Facebook comes some six months after Palo Alto-based Navan subleased 36,000 square feet across three floors at 181 Fremont. Terms of the deal were not disclosed.

And it comes weeks after news of talks between China-owned TikTok and Meta to sublease three floors of offices at the 800-foot-tall skyscraper, with luxury condominiums on the top 17 floors.

Meta leased the offices after the $500 million building was completed in 2018 for occupancy by its Instagram division.

The tech giant inked the $35 million lease because busing local workers two hours through bad traffic to its hub in Menlo Park had become unwieldy. The lease ends in March 2031.

In January last year, Meta put the building up for sublease, months after announcing it would spend $3 billion to end global office leases to cut costs.

Terms of a pending deal between Zendesk and Meta were not disclosed.

At the end of 2022, the previously public Zendesk went private in a $10 billion deal.

In 2011, it leased offices at a 111,500-square-foot building owned by ASB Real Estate as its headquarters. By 2019, it had expanded its footprint there to almost 90,000 square feet.

Its lease at 989 Market was set to expire in October last year, though it had the option to extend through June 2027, according to its last public annual report in 2021. It's not known whether Zendesk exercised its extension option.

The office vacancy in San Francisco in the fourth quarter was a record 35.9 percent after a broad shift led by tech companies to remote work, according to CBRE. The vacancy rate among Class A, Tier 1 offices with full views was 3.1 percent, according to Cushman & Wakefield.

Many tech tenants that had flocked to Mid-Market alongside Zendesk in recent years have left the neighborhood. Spotify left in 2019. Block said in 2022 it wouldn't renew its lease at 1455 Market Street. Uber, in the same building, then left for a new hub in Mission Bay.

Derek Daniels, a locally based research director for Colliers, said demand for high-quality offices remains strong, as shown by smaller or midsize lease deals. Those transactions are often motivated by the expiration of existing leases, with tenants having inventory to choose from.

"There is a lot of quality, flexible sublease space out there," Daniels told the Business Journal, adding that 181 Fremont was among the top buildings in Downtown.

— Dana Bartholomew

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