4S Ranch Allied Gardens Alpine Baja Balboa Park Bankers Hill Barrio Logan Bay Ho Bay Park Black Mountain Ranch Blossom Valley Bonita Bonsall Borrego Springs Boulevard Campo Cardiff-by-the-Sea Carlsbad Carmel Mountain Carmel Valley Chollas View Chula Vista City College City Heights Clairemont College Area Coronado CSU San Marcos Cuyamaca College Del Cerro Del Mar Descanso Downtown San Diego Eastlake East Village El Cajon Emerald Hills Encanto Encinitas Escondido Fallbrook Fletcher Hills Golden Hill Grant Hill Grantville Grossmont College Guatay Harbor Island Hillcrest Imperial Beach Imperial Valley Jacumba Jamacha-Lomita Jamul Julian Kearny Mesa Kensington La Jolla Lakeside La Mesa Lemon Grove Leucadia Liberty Station Lincoln Acres Lincoln Park Linda Vista Little Italy Logan Heights Mesa College Midway District MiraCosta College Miramar Miramar College Mira Mesa Mission Beach Mission Hills Mission Valley Mountain View Mount Hope Mount Laguna National City Nestor Normal Heights North Park Oak Park Ocean Beach Oceanside Old Town Otay Mesa Pacific Beach Pala Palomar College Palomar Mountain Paradise Hills Pauma Valley Pine Valley Point Loma Point Loma Nazarene Potrero Poway Rainbow Ramona Rancho Bernardo Rancho Penasquitos Rancho San Diego Rancho Santa Fe Rolando San Carlos San Marcos San Onofre Santa Ysabel Santee San Ysidro Scripps Ranch SDSU Serra Mesa Shelltown Shelter Island Sherman Heights Skyline Solana Beach Sorrento Valley Southcrest South Park Southwestern College Spring Valley Stockton Talmadge Temecula Tierrasanta Tijuana UCSD University City University Heights USD Valencia Park Valley Center Vista Warner Springs

Breaking Stories: Alan's Condo Stash

— Now that the name of ex-schools superintendent Alan Bersin is being bandied for a possible challenge to City Attorney Mike Aguirre's reelection bid, many eyes are turning to his personal financial statement, on file with the San Diego County Regional Airport Authority, where he is chairman of the board. Married to superior court judge Lisa Foster, daughter of the late downtown property magnate and garment industry executive Stan Foster, Bersin lists an impressive inventory of real estate assets, many of which could raise conflict-of-interest issues should he manage to beat Aguirre.

Among the problematic properties, as reported last week on Don Bauder's blog, is an office building valued at more than $1 million on the east side of Montgomery Field, scene of the big fight over the height of the Sunroad office tower on the west side of the airport.

In addition, Bersin's statement includes a long roster of condo property downtown, where his wife's family accumulated many acres of land during the time they operated the Ratner family clothing factory in what is now known as East Village (Lisa's mother Pauline is a Ratner). As reported in Bersin's disclosure, Lisa Foster owns a 22 percent member interest in the Foster-Downtown Group, LLC, which in turn owns 70 percent of OMF, LLC, which itself owns 100 percent of seven downtown real estate development entities, valued in the multimillions of dollars. The land lies within the downtown redevelopment area, governed by the City's Centre City Redevelopment Corporation in the name of the city council, which in turn acts as the city's redevelopment agency; the council's lawyer is the city attorney.

Bersin has long been a big booster of downtown redevelopment, which has helped to greatly increase the value of his wife's property interests. In July 1998, the then-city schools chief, a Democrat, appeared with GOP columnist George Will, a big baseball fan and onetime boardmember of the Padres, to advocate taxpayer subsidies of the new downtown baseball stadium then being promoted by the team's owner, John Moores and his JMI Realty. Bersin's presence was designed to reassure taxpayers that there was enough public money for both public education as well as $350 million to subsidize the ballpark. He did not disclose his wife's family ownership position. "One hundred and forty thousand students say San Diego can have renovated and rebuilt schools and a new ballpark," Bersin was quoted by the Union-Tribune as saying at the event, organized by George Mitrovich, a local political operative who worked for Moores. "We can have schools worthy of our children and a ballpark worthy of our children and our city."

In more than a bit of irony, the Moores stadium subsidy campaign was cochaired by none other than Bersin's fellow Democrat Mike Aguirre, who at the time was accused of seeing Moores -- a big giver to Democrats like ex-Governor Gray Davis -- as a future backer of his nascent political career.

Here's something you might be interested in.
Submit a free classified
or view all

Previous article

Spanish hacienda at the southern edge of La Jolla

This Bird Rock estate features “an exceedingly rare oceanfront pool overlooking the surf.”
Next Article

Like a Maggie’s Positively Leopard-Skin Homesick Blues

Chuck Charles, Marmoto, Meidai, DFMK, Daring Greatly

— Now that the name of ex-schools superintendent Alan Bersin is being bandied for a possible challenge to City Attorney Mike Aguirre's reelection bid, many eyes are turning to his personal financial statement, on file with the San Diego County Regional Airport Authority, where he is chairman of the board. Married to superior court judge Lisa Foster, daughter of the late downtown property magnate and garment industry executive Stan Foster, Bersin lists an impressive inventory of real estate assets, many of which could raise conflict-of-interest issues should he manage to beat Aguirre.

Among the problematic properties, as reported last week on Don Bauder's blog, is an office building valued at more than $1 million on the east side of Montgomery Field, scene of the big fight over the height of the Sunroad office tower on the west side of the airport.

In addition, Bersin's statement includes a long roster of condo property downtown, where his wife's family accumulated many acres of land during the time they operated the Ratner family clothing factory in what is now known as East Village (Lisa's mother Pauline is a Ratner). As reported in Bersin's disclosure, Lisa Foster owns a 22 percent member interest in the Foster-Downtown Group, LLC, which in turn owns 70 percent of OMF, LLC, which itself owns 100 percent of seven downtown real estate development entities, valued in the multimillions of dollars. The land lies within the downtown redevelopment area, governed by the City's Centre City Redevelopment Corporation in the name of the city council, which in turn acts as the city's redevelopment agency; the council's lawyer is the city attorney.

Bersin has long been a big booster of downtown redevelopment, which has helped to greatly increase the value of his wife's property interests. In July 1998, the then-city schools chief, a Democrat, appeared with GOP columnist George Will, a big baseball fan and onetime boardmember of the Padres, to advocate taxpayer subsidies of the new downtown baseball stadium then being promoted by the team's owner, John Moores and his JMI Realty. Bersin's presence was designed to reassure taxpayers that there was enough public money for both public education as well as $350 million to subsidize the ballpark. He did not disclose his wife's family ownership position. "One hundred and forty thousand students say San Diego can have renovated and rebuilt schools and a new ballpark," Bersin was quoted by the Union-Tribune as saying at the event, organized by George Mitrovich, a local political operative who worked for Moores. "We can have schools worthy of our children and a ballpark worthy of our children and our city."

In more than a bit of irony, the Moores stadium subsidy campaign was cochaired by none other than Bersin's fellow Democrat Mike Aguirre, who at the time was accused of seeing Moores -- a big giver to Democrats like ex-Governor Gray Davis -- as a future backer of his nascent political career.

Sponsored
Here's something you might be interested in.
Submit a free classified
or view all
Previous article

The Guardian of Memory: brokenhearted at the border

Carlos Spector stacks the grain in a neat pile for the birds to fight over.
Next Article

Strings dominate at Oct. 20 Mainly Mozart

Prokofiev, Mozart, Beethoven at Del Mar Fairgrounds
Comments
0

Be the first to leave a comment.

Sign in to comment

Sign in

Art Reviews — W.S. Di Piero's eye on exhibits Ask a Hipster — Advice you didn't know you needed Best Buys — San Diego shopping Big Screen — Movie commentary Blurt — Music's inside track Booze News — San Diego spirits City Lights — News and politics Classical Music — Immortal beauty Classifieds — Free and easy Cover Stories — Front-page features Excerpts — Literary and spiritual excerpts Famous Former Neighbors — Next-door celebs Feast! — Food & drink reviews Feature Stories — Local news & stories From the Archives — Spotlight on the past Golden Dreams — Talk of the town Here's the Deal — Chad Deal's watering holes Just Announced — The scoop on shows Letters — Our inbox [email protected] — Local movie buffs share favorites Movie Reviews — Our critics' picks and pans Musician Interviews — Up close with local artists Neighborhood News from Stringers — Hyperlocal news News Ticker — News & politics Obermeyer — San Diego politics illustrated Of Note — Concert picks Out & About — What's Happening Overheard in San Diego — Eavesdropping illustrated Poetry — The old and the new Pour Over — Grab a cup Reader Travel — Travel section built by travelers Reading — The hunt for intellectuals Roam-O-Rama — SoCal's best hiking/biking trails San Diego Beer — Inside San Diego suds SD on the QT — Almost factual news Set 'em Up Joe — Bartenders' drink recipes Sheep and Goats — Places of worship Special Issues — The best of Sports — Athletics without gush Street Style — San Diego streets have style Suit Up — Fashion tips for dudes Theater Reviews — Local productions Theater antireviews — Narrow your search Tin Fork — Silver spoon alternative Under the Radar — Matt Potter's undercover work Unforgettable — Long-ago San Diego Unreal Estate — San Diego's priciest pads Waterfront — All things ocean Your Week — Daily event picks
4S Ranch Allied Gardens Alpine Baja Balboa Park Bankers Hill Barrio Logan Bay Ho Bay Park Black Mountain Ranch Blossom Valley Bonita Bonsall Borrego Springs Boulevard Campo Cardiff-by-the-Sea Carlsbad Carmel Mountain Carmel Valley Chollas View Chula Vista City College City Heights Clairemont College Area Coronado CSU San Marcos Cuyamaca College Del Cerro Del Mar Descanso Downtown San Diego Eastlake East Village El Cajon Emerald Hills Encanto Encinitas Escondido Fallbrook Fletcher Hills Golden Hill Grant Hill Grantville Grossmont College Guatay Harbor Island Hillcrest Imperial Beach Imperial Valley Jacumba Jamacha-Lomita Jamul Julian Kearny Mesa Kensington La Jolla Lakeside La Mesa Lemon Grove Leucadia Liberty Station Lincoln Acres Lincoln Park Linda Vista Little Italy Logan Heights Mesa College Midway District MiraCosta College Miramar Miramar College Mira Mesa Mission Beach Mission Hills Mission Valley Mountain View Mount Hope Mount Laguna National City Nestor Normal Heights North Park Oak Park Ocean Beach Oceanside Old Town Otay Mesa Pacific Beach Pala Palomar College Palomar Mountain Paradise Hills Pauma Valley Pine Valley Point Loma Point Loma Nazarene Potrero Poway Rainbow Ramona Rancho Bernardo Rancho Penasquitos Rancho San Diego Rancho Santa Fe Rolando San Carlos San Marcos San Onofre Santa Ysabel Santee San Ysidro Scripps Ranch SDSU Serra Mesa Shelltown Shelter Island Sherman Heights Skyline Solana Beach Sorrento Valley Southcrest South Park Southwestern College Spring Valley Stockton Talmadge Temecula Tierrasanta Tijuana UCSD University City University Heights USD Valencia Park Valley Center Vista Warner Springs
Close