
"Mission Local reported in October that Podell owed $500,000 to different groups involved in building a community arts space at the 681 Florida St. affordable housing project, which sits next to Podell's own market-rate housing project, which sold last year for $119.3 million. Last week, District 9 Supervisor Jackie Fielder asked the city attorney's office to subpoena developer Podell after he failed to confirm his presence at a city hearing on the allegations."
"Podell said he told the relevant parties on Feb. 5 that he was disbursing the funds. The dispute dates back to September 2016, when Podell's attorney committed $500,000 for the art space at 681 Florida St. That 100-percent affordable housing complex was built on land that Podell donated as part of a deal with neighborhood activists to drop their opposition to his market-rate project at 2000 Bryant St."
Nick Podell agreed to pay $500,000 that was pledged during 2016 negotiations tied to a 203-unit housing project. The funds were pledged for a community arts space at 681 Florida St., an affordable housing project built on land Podell donated. That donation formed part of a deal with neighborhood activists to drop opposition to Podell's market-rate project at 2000 Bryant St. Podell said he informed relevant parties on Feb. 5 that he was disbursing the funds. District 9 Supervisor Jackie Fielder requested a subpoena after Podell failed to confirm attendance at a city hearing.
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