“The Fairmont San Francisco, the grande dame 1906 hotel atop Nob Hill, is being offered for sale after the owners – who include Oakland A’s managing partner Lew Wolff and a Saudi prince – were rebuffed by the city in their effort to convert part of the venerable property into luxury condos.

“I’m sad about it,” Wolff said in an interview, referring to San Francisco’s spurning of the hotel’s $130 million renovation plan, which would have involved razing its 23-story tower and replacing it with a 26-story residential building with 160 condo units. Under the plan, the hotel would have gone from 591 rooms to about 226 with a focus on high-end travelers seeking a five-star experience.”

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