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Uber shakes up real estate market with massive lease in Oakland

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Re: Uber shakes up real estate market with massive lease in Oakland

#11

Post by rorski »

rdl wrote: post #9

I'd heard this was going to be a Google office. Oh well. I wonder how much "not driving over the fucking bridge" is worth to people. Uber salaries tend to be pretty good (partially to make up for the stock being so high), and they have a great team, plus are clearly on a rocket ship trajectory, and are easy to explain as a product to anyone. Offering $150-250k cash, great overall packages, AND being able to buy or re…

As someone who used to do the "reverse commute" from SF to Oakland for a couple years, I'd add that it's pretty attractive for SF residents who like a slightly less crazy pace as well. I mean, you can actually go places for lunch and get in, and not pay $14 for a sandwich. And going the opposite direction of traffic (or taking the opposite BART) sure beats sitting on the 101.

But most people I worked with were definitely in the boat you describe - East Bay dwellers who really, really didn't want to deal with trying to fight their way into SF. And who can blame them? I think this is a great move for Oakland and Uber.

Re: Uber shakes up real estate market with massive lease in Oakland

#13

Post by beatpanda »

w1ntermute wrote: post #3
primitivesuave wrote: post #2

Oakland is already an attractive new location for tech companies. It is my sincerest hope that the policy-makers in Oakland see what happened in SF with housing, and are proactive in controlling rent to avoid displacing low-income people and most importantly, the people who contribute to the city's culture.

Because tech workers clearly fail to "contribute to the city's culture."

Yes, they do, they are frequently rude, self-entitled, racist clueless idiots. And you can downvote me all day for that, I have karma to burn.

Re: Uber shakes up real estate market with massive lease in Oakland

#15

Post by dirkdk »

primitivesuave wrote: post #2

Oakland is already an attractive new location for tech companies. It is my sincerest hope that the policy-makers in Oakland see what happened in SF with housing, and are proactive in controlling rent to avoid displacing low-income people and most importantly, the people who contribute to the city's culture.

Let's build more housing in Oakland. Way more space than in SF. And unfortunately Oakland is not building as much as it should https://medium.com/@Scott_Wiener/want-to-know-why-the-bay-ar...

Re: Uber shakes up real estate market with massive lease in Oakland

#16

Post by jfb »

rorski wrote: post #11
rdl wrote: post #9

I'd heard this was going to be a Google office. Oh well. I wonder how much "not driving over the fucking bridge" is worth to people. Uber salaries tend to be pretty good (partially to make up for the stock being so high), and they have a great team, plus are clearly on a rocket ship trajectory, and are easy to explain as a product to anyone. Offering $150-250k cash, great overall packages, AND being able to buy or re…

As someone who used to do the "reverse commute" from SF to Oakland for a couple years, I'd add that it's pretty attractive for SF residents who like a slightly less crazy pace as well. I mean, you can actually go places for lunch and get in, and not pay $14 for a sandwich. And going the opposite direction of traffic (or taking the opposite BART) sure beats sitting on the 101. But most people I worked with were defini…

Plus, you can take the ferry over. That's a sweet commute.

Re: Uber shakes up real estate market with massive lease in Oakland

#17

Post by rdl »

rorski wrote: post #11
rdl wrote: post #9

I'd heard this was going to be a Google office. Oh well. I wonder how much "not driving over the fucking bridge" is worth to people. Uber salaries tend to be pretty good (partially to make up for the stock being so high), and they have a great team, plus are clearly on a rocket ship trajectory, and are easy to explain as a product to anyone. Offering $150-250k cash, great overall packages, AND being able to buy or re…

As someone who used to do the "reverse commute" from SF to Oakland for a couple years, I'd add that it's pretty attractive for SF residents who like a slightly less crazy pace as well. I mean, you can actually go places for lunch and get in, and not pay $14 for a sandwich. And going the opposite direction of traffic (or taking the opposite BART) sure beats sitting on the 101. But most people I worked with were defini…

I live in Oakland (10m walk from the new Uber office, but 3m from a 580 onramp), and my office is basically at AT&T Park. The commute has gotten markedly worse over the past 15 months. :( And it's not even a particularly bad east bay to sf commute; I know people who drive from Moraga.

Last year, my 95th percentile commute at 10am was 35 minutes door to door, and the median was about 25-30. This year, the 95th is more like 45, and the median is more like 35 at that time. To arrive at 9am, it's dramatically worse -- basically an hour 95th, and sometimes up to 90m (once or twice a year), and the median is about 45m (BART is 50m door to door, but is absurdly crowded at that time, and I'm uncomfortable walking around with a laptop bag at 5-7pm in Oakland after 2 people got their laptops stolen in front of me in one week).

I usually try to go in really late and wfh in the mornings so it's 20-25m, but it's still usually 30-40m on the way back at 7-8pm. If I have to be in at 9am, I have to leave at 7:45 to be comfortably on time with high confidence. And the traffic basically starts between 0530 and 0600, so being early is almost impossible; it's full-bad around 0630-0700.

Re: Uber shakes up real estate market with massive lease in Oakland

#19

Post by rdl »

jfb wrote: post #16
rorski wrote: post #11

Earlier quoted context omitted.

As someone who used to do the "reverse commute" from SF to Oakland for a couple years, I'd add that it's pretty attractive for SF residents who like a slightly less crazy pace as well. I mean, you can actually go places for lunch and get in, and not pay $14 for a sandwich. And going the opposite direction of traffic (or taking the opposite BART) sure beats sitting on the 101. But most people I worked with were defini…

Plus, you can take the ferry over. That's a sweet commute.

The broken internal-to-SF and internal-to-Oakland transit systems make that a bit complex, I think. I guess if you biked?

Re: Uber shakes up real estate market with massive lease in Oakland

#20

Post by masterleep »

pikeymick wrote: post #18

I saw teo people shot not far from here, the windows of Obama's campaign HQ smashed in with hammers down the street, and a homeless man crap on the steps of city hall in broad daylight. Welcome to Oakland Uber.

I guess it'll smell just like SF then.
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