In San Francisco, where a nothing-special square foot of dirt can carry a price tag of $200, the city's school district is sitting on a gold mine.You want to read about the poor management of assets here. But, you shouldn't be surprised it's the nature of a monopoly to mismanage resources.
With more than 19 million square feet of property, the district is a major player on the city's Monopoly board with real estate holdings from Baltic Avenue to Boardwalk.
Monday, August 03, 2009
S.F. school district's property portfolio
The San Francisco Chronicle reports: