July 09, 2014 Slideshows » News

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Eviction protest at Cow Hollow investment firm 

On Wednesday, protesters attempted to occupy the offices of Urban Green Investments on Union Street in the Cow Hollow neighborhood over the eviction of 98-year-old Mary Phillips and her caregiver Sara Brant from their Mission district apartments. Urban Green Investments is a company whose founder, David McCloskey, has used the Ellis Act to evict tenants from multiple buildings throughout The City. The investment group's Union Street office was unoccupied Wednesday, so protesters held a rally on the front steps. “We will not let out-of-town speculators evict Mary or Sara,” said Housing Right Committee leader Sarah Sherburn-Zimmer. Urban Green Investments, as subsidiary of Cornerstone Holdings out of Colorado, owned at least 37 buildings in San Francisco, with over 130 units, often reselling them shortly after evicting the long-term tenants. “We will keep coming back, we will shut down their operations, until they rescind the Ellis Act evictions on all the tenants in the building,” said Sherburn-Zimmer.
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