They say money talks. So what does Lennar’s latest campaign expenditures tell you?
One day after our latest article about Lennar’s plans to takeover the Bayview came out, the developer’s most recent campaign filings show that between March 18 and April 19, Lennar Homes spent another million dollars to influence the Battle for the Bayview.
To date, this an out-of-state developer has spent a total of $2.23 million to defeat Prop. F (which requires that 50 percent of Lennar’s proposed 10,000 new units of housing be truly affordable to people living in the Bayview)supporting instead an initiative that would allow it to build at least 75 percent of these new units as luxury condos.