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How San Francisco Mayor Daniel Lurie Plans to Revive City
Jun 5, 2025
San Francisco Mayor Daniel Lurie is courting wealthy residents and executives to invest in the city, hosting power lunches at Quince restaurant and recruiting them to back his agenda of public safety, clean streets, and moderate Democratic politics.
Lurie's charm offensive has shown early signs of success, with office leasing activity reaching a decade high and financial firms like JPMorgan Chase & Co. and Blackstone Inc. announcing real estate deals, but critics raise questions about the influence of the wealthy on city policy.
Lurie faces challenges, including a roughly $800 million budget deficit, labor unrest, and potential political backlash, but he remains optimistic about the city's recovery potential and is working to close the budget gap with a proposed budget that would slash grant funding and cut city jobs.
San Francisco Mayor Daniel Lurie is courting wealthy residents and executives to invest in the city, hosting power lunches at Quince restaurant and recruiting them to back his agenda of public safety, clean streets, and moderate Democratic politics.
Lurie's charm offensive has shown early signs of success, with office leasing activity reaching a decade high and financial firms like JPMorgan Chase & Co. and Blackstone Inc. announcing real estate deals, but critics raise questions about the influence of the wealthy on city policy.
Lurie faces challenges, including a roughly $800 million budget deficit, labor unrest, and potential political backlash, but he remains optimistic about the city's recovery potential and is working to close the budget gap with a proposed budget that would slash grant funding and cut city jobs.