By Geoff Link, New America Media/Central City Extra News Report
Three years ago this month, the Twitter tax break was signed into law, and the Tenderloin’s fate was sealed. Central City Extra and New America Media are using that historic moment as a jumping-off point to examine the effects of the central city’s transformation on seniors.
Twitter led the way for uncounted companies, including a slew of app makers and programming schools plus the restaurants and bars plying $14 cocktails and other businesses that follow the money.
Market Street went from blight to boom in two years. After three decades in the doldrums, downtown began a westward march with City Place mall anchoring the block beyond Fifth Street.
Read the complete story at New America Media.
Editor’s note: This is part of a special report by New America Media and Central City Extra, “Old and Poor in Tech City,” focusing on the effects of the tech boom on low-income elders in San Francisco’s central city. It is part of New America Media’s in-depth coverage of issues affecting seniors, funded by the Atlantic Philanthropies. See coverage from this Special Report, “Old and Poor in Tech City.”
