Tuesday Morning Topline: Napa Residents' Property Tax Checks Being Stolen, Washed
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Tuesday Morning Topline: Napa Residents' Property Tax Checks Being Stolen, Washed
"600 California Street in San Francisco's Financial District, a former WeWork site, just went up for auction and no one bid on it. The building has a significant amount of debt tied to it, and it is now owned by Dallas-based Lone Star Funds, which bought the debt from the original lender Goldman Sachs for $130 million well under the $320 million the building was once worth."
"A jury in North Carolina awarded a woman $5,000 in damages, finding Uber liable for a driver who grabbed the woman's thigh and asked if he could 'keep her' with him. The case is part of a group of so-called 'bellweather cases' around the country in which Uber's liability is being tested."
"A suspected retail theft crew linked to over 100 robberies in Northern California and Nevada, four men ranging in age from 24 to 61, were arrested in Santa Clara County last week after police conducted several searches in San Jose."
600 California Street, a former WeWork site in San Francisco's Financial District, was auctioned without any bids. The building is burdened with substantial debt and is owned by Lone Star Funds, which acquired the debt from Goldman Sachs for $130 million, significantly less than its previous valuation of $320 million. In a separate case, a North Carolina jury awarded $5,000 to a woman after finding Uber liable for inappropriate behavior by a driver. Additionally, a suspected retail theft crew was arrested in Santa Clara County, linked to over 100 robberies.
Read at sfist.com
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