San Francisco Mayor Hopeful Wants Tax Cut to Spur Return to Work
- Mark Farrell would ask companies to mandate 4 days in office
- Incumbent Mayor London Breed says plan has failed elsewhere
The city has the highest office-vacancy rate among large US metro areas, at more than 36%, according to data compiled by CBRE.
Photographer: Jason Henry/BloombergThis article is for subscribers only.
San Francisco mayoral candidate Mark Farrell has a plan to get workers back into downtown offices — and it doesn’t include commuter benefits or coffee machines.
Farrell, a venture capitalist who served as interim mayor of the California city in 2018, wants to offer tax incentives to companies that make employees come into the office at least four days a week.