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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

#51

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.

I do not understand the rationale, a government program fails disastrously creating literally the opposite effect desired. And the suggestion is to have _more_ of said program?

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

#52
post #17
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…

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…

10 miles on a electric bike could be 40 minutes. (In Europe they are limited to 15.5mph). Depending on your physical fitness you could get it down to 30 minutes but you'd need a shower at the other end ;)

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

#53
post #52
post #17

Earlier quoted context omitted.

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…

10 miles on a electric bike could be 40 minutes. (In Europe they are limited to 15.5mph). Depending on your physical fitness you could get it down to 30 minutes but you'd need a shower at the other end ;)

The new part of the Oakland Bay Bridge has a bike lane, but only out to Treasure Island; there's no bike lane from Treasure Island to SF.

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

#55
post #41
post #29

This is in addition to their new giant HQ in SF? Uber has an awful lot of overhead for a taxi company. [1] http://techcrunch.com/2015/05/28/uber-new-hq/

No no they aren't a taxi company. They are a marketplace that matches people selling space in their car with people who need space in a car. Until they get their self driving cars, and then the are a transportation and logistics company. But they definitely aren't a taxi company

Of course they are, everything else is just PR at the moment. That said, they are (the first?) global taxi company. No one is surprised that global retailers, like e.g. H&M, have huge headquarters.

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

#56

The gentrification of Oakland is now well and truly under-way after the great job gentrification did in San Francisco displacing thousands of people from their homes.

The truth clearly hurts some people, as evidenced by the color of your comment. Ask anyone who isn't in tech in San Fran how easy it is to make ends meet in that city. Then ask them what their commute's like.

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

#57
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…

Not sure if a $40B company that generates staggering losses and faces brutal competition globally can be considered a rocketship any more ...

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

#58
post #53
post #52

Earlier quoted context omitted.

10 miles on a electric bike could be 40 minutes. (In Europe they are limited to 15.5mph). Depending on your physical fitness you could get it down to 30 minutes but you'd need a shower at the other end ;)

The new part of the Oakland Bay Bridge has a bike lane, but only out to Treasure Island; there's no bike lane from Treasure Island to SF.

That has to be by design.

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

#59
post #51

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.

I do not understand the rationale, a government program fails disastrously creating literally the opposite effect desired. And the suggestion is to have _more_ of said program?

"You're just not doing it hard enough!"

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

#60
post #58
post #53

Earlier quoted context omitted.

The new part of the Oakland Bay Bridge has a bike lane, but only out to Treasure Island; there's no bike lane from Treasure Island to SF.

That has to be by design.

there isn't a design, which is the problem. it's two bridges and people in the Bay Area are lucky to have one of them in-the-can. There's been a lot of argument over the design of the western spans; I despair of ever seeing them built before one of the faults underlying the area renders the argument moot.
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