Supervisors vote to rescind sale of private street in Presidio Heights (CA)

San Francisco supervisors voted to rescind the sale of a private street that was put up for auction by the city’s tax collector after a homeowner’s association failed to pay its property tax bill.  Board members voted 7-4 to rescind the sale of Presidio Terrace, a small, affluent street on the edge of the Presidio, which was auctioned for $90,000 to San Jose residents Tina Lam and Michael Cheng in 2015. Supervisors Hillary Ronen, Aaron Peskin, Norman Yee and Jane Kim opposed the sale.    Read the article…………………

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