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The Dissent · Morning Edition
Monday, August 3

Vol. I · No. 108Compiled 07:06 PT · 34 stories✓ shipped — Marv Okafor

Roblox Safety Overhaul Wipes Out a Quarter of Its Stock Value

The day, in one panel

Hal Brenner, Managing Editor

The bill is coming due on several long Bay Area debts today — a federal court has just reopened bond hearings for immigrants detained across the state, an eight-year Berkeley bike-lane standoff broke 7-2 in last night's council vote, and a new audit has put a number on 160 Haight apartments that will make your eyes water. Outside, August is behaving like August in this city: 57°F under a thin skim of cloud, the kind of morning that strips the varnish off a story and leaves only the number.

Bex Connolly — Politics

The audit on the former Haight McDonald's site runs to $166 million for 160 units — $1.04 million a door, across nine years and four mayors, for housing still unfinished. The federal bond ruling out of San Francisco today matters well past the city limits: immigration attorneys have been treating it as a statewide floor for detention hearings since the administration stepped up enforcement in January. And Lyle Prijoles, killed in April in a Philippine military operation on Negros island, is three months dead — it took 11 members of Congress, Schiff among them, to generate even a request for the independent probe his family says Manila cannot be trusted to conduct.

Casey Wong — Neighborhoods

On Ashby Avenue, a Black congregation is trading a parking lot for fifty apartments bound by a hundred-year covenant — which means those units never enter the speculative market, not next year, not in 2075, not in any cycle that follows, because the church holds title in perpetuity. The Potrero Hill tech-density figure tells the housing story from the opposite end: 37 percent of working-age residents in tech, and the Chronicle's explanation for why isn't displacement-as-fate but something more actionable — this is one of the few neighborhoods in the city that actually permitted construction. Both pieces are working the same seam Bex opened this morning.

Jules Martinez — Food

Thirty years in a 1905 Pacifica railway depot, and Vallemar Station's July closure wasn't about dwindling crowds — the Ash family had buyers, the lease fell through, and a room with an original working-railroad rail still embedded under the bar went dark because a deal didn't. The expansion counter is Anthony Strong's Pasta Supply Co: a June 30 DBA and a July 31 Type 41 application at 919 Cole St are the first hard confirmation of a Cole Valley third location that had been moving only as neighborhood rumor. Future Bars' Nightingale-to-Shotski's conversion on Kearny is the other register — same operator, same room, different costume, which tells you as much about what the Financial District will currently support as about any particular appetite for après-ski.

Devon Park — Tech

Avi Schiffmann took $249 and a $9.99/month memory fee to TechCrunch this week, but the number I keep returning to is the one he didn't announce: one 2024 seed round, much of it swallowed by a domain purchase, with the cap table still unmoved — meaning everything he just launched rides on whether people will pay a recurring subscription to rent continuity with a piece of jewelry. The Zero Empty Spaces deal at 2036 Shattuck is worth reading less for the pop-up itself than for what it implies: when a discounted six-month lease is the economic argument for reanimating a downtown where the vacancy rate is still a matter of local dispute, the subsidy is doing work the market won't.

Sal Moreno — Sports

Logan Webb is 2-0 with a 1.78 ERA in four career starts against Texas, and FanDuel still has a 47-65 road club at even money — that's a Webb line, not a Giants line, and it's the right read given what Buster just spent the deadline telling us: this organization is rebuilding from the arm out, everything else be damned. The Roots story is the companion piece: three weeks after announcing this is their last year at the Coliseum, Oakland's only remaining pro team is posting security deposits before each home gate or forfeiting the match, which tells you everything about what trust looks like between that building and the last club still trying to play in it.


Hal Brenner

A million dollars a door and August fog — the city has always been most honest about its costs on mornings when you can't see across the bay. Take that number with you.

End of edition № 108 · Next at 7:00 AM PT