Veritas
Veritas’ Reckoning: The City’s Biggest Landlord Faces $1 Billion Debt
Veritas, the largest landlord in the city, has been revealed to be delinquent on a staggering $1 billion in debt, potentially leading to the sale of several of their properties. We’ve written about this company several times. From creating ADUs that residents called “a living hell“, Taking out small business
City Officials are Stepping in to Try to Save Club Deluxe
The closing of Club Deluxe has rattled everyone this past couple of weeks. The closure has felt absolutely devastating for all of us. The loss of this club will forever change The Haight and The City. Now that we’re past the shock of the announcement, we’re learning that there is
This New Literary Magazine is a Gift to the People of San Francisco
I’ve got some awesome news! We received a grant from the Civic Joy Fund to put out a literary magazine celebrating SF and acting to counter the stupid “Doom Loop” narrative. It’s a gift to the people of San Francisco. And after months of working on this project it’s now available
SF’s Biggest Landlord Veritas is Facing a Tenants ‘Debt Strike’ Revolt
As of Monday morning, the state of California sits four days from a September 30 eviction cliff, and nearly 5,000 San Francisco households have applications for rent relief that are still completely in limbo. Obviously, quite a few of these terrified tenants live in properties belonging to Veritas Investments, San
Who Are the Biggest Corporations That Kept Their PPP Loans?
Remember how angry everybody got when Shake Shack and Ruth’s Chris Steak House were given tens of millions of dollars in PPP loans intended for small businesses, then had to give the money back? (Fun Fact: Nathan’s Famous Hot Dogs of Coney Island’s July 4th Hot Dog Eating Contest also
Veritas, SF’s Biggest Landlord, Received PPP ‘Small Business’ Loan…& They’re Not Returning It
This isn’t the first shady thing that Veritas has done, not by a long shot. They’ve ‘allegedly’ harassed longterm, rent controlled tenants in order to try to get them out. They’ve ‘allegedly’ charged obscene rent increases to “cover rising maintenance and operations costs”. They’ve ‘allegedly’ maintained squalid building with lead-contaminated water and broken elevators. They’ve even ‘allegedly’ threatened to sue a housing nonprofit for a Facebook post they didn’t like. And that’s just the stuff people have been brave enough to speak out about. Just imagine all the other nefarious things they’ve gotten away with because people have been afraid they might lose their housing if they spoke up. Allegedly…of course.