karen bay from lennar corporation. as you know, the hunters point shipyard project is one of three major projects, major approved projects [speaker not understood] the office of community investment and infrastructure is undertaking. it spans both the shipyard proper and the [speaker not understood] bayview for a total of 7 88 acres along the southeastern water froth of san francisco. the shipyard program includes over 12,000 homes, 32% of which will be affordable, a rebill of alice griffith public housing development. 3,000 square feet of research space, 350 acres of new and improved parks and all this will be developed over two phases by the lennar corporation under a first phase it what approved in 2003 under a disposition and development agreement. and second dda in 2010. this will produce thousands and thousands of jobs and 12,000 permanent jobs over the course of the project along with significant infrastructure both community facilities and transit and other types of infrastructure. and as you know, the [speaker

not that she's like, you know, not in the community any more, but not lennar. madam secretary, please call the next item. >> the next order of business is item 9, commissioners' questions and matters. madam chair. >> thank you. any questions or matters? no? excellent. next item. >> the next order of business is item 10, closed session. >> thank you very much. we will be adjourning for just a moment to clear the room of anyone who is not involved in this closed session's item. >> please call the next item. >> the next item of business is adjournment. madam chair. >> thank you very much. we are adjourned at 2:53. [gavel] >> good afternoon everyone. this is the december 13th 2013 meeting of the lafco for the city and county of san francisco our clerk is miss lisa miller could you please call the role. >> commissioner breed. >> present. >> commissioner mar. >> present. >> we do have a quorum. >> item number 2 is approval of the minutes for the september 27th 2013 regular meeting. >> i see no comments -- let's open this up for public comment is there anyone from the

not that she's like, you know, not in the community any more, but not lennar. madam secretary, please call the next item. >> the next order of business is item 9, commissioners' questions and matters. madam chair. >> thank you. any questions or matters? no? excellent. next item. >> the next order of business is item 10, closed session. >> thank you very much. we will be adjourning for just a moment to clear the room of anyone who is not involved in this closed session's item. >> please call the next item. >> the next item of business is adjournment. madam chair. >> thank you very much. we are adjourned at 2:53. [gavel] >> good afternoon. welcome to the san francisco board of supervisors san francisco land use committee i'm scott wiener to my right is supervisor kim the committee vice chair and supervisor chiu will be joining us shortly and our clerk a andrea and i want to thank sfgovtv for broadcasting today's hearing. motorcycles >> yes. please silence all electronic devices. completed speaker card to be included as part of the docket shall be on the at the sc

lennar doing well. you see bond deals coming down, obviously homebuilders jump on this.wall street, intercept pharmaceuticals, came out with a new liver drug, doing great. yesterday they had a 300% gain and they weren't down done. they had a 60% gain. >> absolutely. intercept was the stock was up 533%. i don't know records by heart but that seems to be a wild one. [closing bell ringing] liz: we close the books on the week. bells are ringing on wall street. look how stocks are finishing up. we have the dow jones industrials down. look at nasdaq, just under half a percent here. we see gains for the nasdaq, s&p and russell 2000. "after the bell" starts right now. david: we have an all-star panel ready to break down the action this week. paul dietrich, fairfax markets ceo and chief investment officer who says there is one industry poised for big gains in 2014. he will tell us what it is. jason rotman, lido managing partner. he says it may be time to look for international opportunities. phil strieble in the pits of cme

after that final event, lennar urban will take over, which includes replacing the stadium with retail, houseing and entertainment venn use. >>> this flu season continues to wreak havoc across the bay area with five more deaths this week. how one county is reacting. >>> one woman's good timing helped save a life. she's being call add hero again. what she's done twice that many of us will never do once in our lifetime. >>> right after the break i'll talk about the red flag warnings for parts of the bay area, the high surf advisory and those record temperatures we saw today. frnltsz san francisco state university tells u it won't be able to open the contaminated science building for the spring semester. we reported last week that routine environmental health testing turned up evidence of mercury, lade and asbestos. the university had hoped the finish the cleanup by the end of this month. since that's not possible it's now working on relocating klasses to other buildings. >>> we all know the bay area students love their ipads but parents are increasingly worried about privacy. san francis

i tell my young lennar class, it is not important what i think. it's only import that you think.b is to get you coming in now, one of the things i decided i'm going to cover this spring and i don't know anything about it and i don't know what i think about this nsa data gathering. there's some dangerous people in the world, but this seems like a lot of information for somebody to have. i found out i teach better if i do that, if we just sort of bring some people line and explore and hope fully at the end of the thing i'll have a better opinion on what i think about it. but what i'll do it to my as i assign cached data about their eight throughout, florida keystone pipeline. and so, i'll give them five different things to be on both sides said the exam will have to defend or advocate 10 different potential positions. they just don't know which ones are going to have to do. the idea is to get them to be thinking on both sides of the rings. that's my big advice. you're not going to be successful being me. i'm not going to be successful being you. we've got to find out what it is, wh

hovnanian, lennar, d.r. horton, ryland up 3 1/2%.ause they need more homes to sell. that is the point where they are. [closing bell ringing] liz: nice to see green on that sector of the screen. here come the bells. david: where's liz? liz: that was yesterday that was so fun with cletus the robot. david: must be seven-foot tall character inside that thing, right? liz: in true life, we say he is about six foot seven or eight. huge. take a look at the markets. where is your money in if you're in stocks you might have a lot of a little bit. we were down 230 for the dow jones industrials. i key mentioning, that david, because it was a lot worse. david: it was, it was. january, not a good way to start the year, we were so hyped up from 2013. 2014 is a january barometer. we'll not worry about that. let's look to the future, right? liz: indeed. "after the bell" starts right now.

check out lennar, all the homebuilders higher today as well. back over to you. >> things so much. said earlier, right, that jobs report that saved the housing trade, working today. >> absolutely. >> and the gdx, you bought the gdx. >> i thought that it was so over sold but using the recent lows right above 20 as a stop level and having a nice move today through 22.30, 22.40, it i think it can get some legs. >> big rally today for shares of abercrombie and fitch. the teen retailer raising its profit forecast for the year after better than expected holiday sales. and those numbers were good enough for one firm to upgrade the stock today to a buy. adrian tenet made the tough call. she's on the phone. >> thanks for having me. >> i think the criticism of these numbers from abercrombie is when you lower the bar so much you can merely walk over the bar, you don't have to jump over it. >> that is how, you know, earnings that go up, stocks tend to go up because the stocks were already valued for the very, very low, below expect takeses. it causes the stocks to move. >> is there credibility

lennar the capriole and will fall on wall street. chiwetel in 12 years a slave.> the time is 9:19 a.m.. the breaking news that we are following is this fire that is going through homes. the fire has grown to 125 a.. there is when the conditions. there is a red flag warning that is posted. conditions. there is a red flag wargood.that is posted. good answer. check it out. learning's fun now. yeah, back in our day, we didn't have u-verse high speed internet to play and learn online. all we had was that franklin fuzzypants. ah, the educational toy bear. remember when the battery went out? [ slow, deep voice ] give me your abc's. all i learned was a new definition of fear. i need some pudding. yeah, there's one left. [ male announcer ] connect all your wi-fi-enabled devices with u-verse high speed internet. rethink possible. >> three people are dead after a gunman opened fire inside a gross restore in indiana. the gunman walked into the store last night, shooting and killing two women. police then killed him. barbara star reports, residents in the area said that the s

horton and lennar. the group is doing pretty well here. they're citing improved market conditions.me gave out some reports and reporting their numbers as well. pulte homes said they will be acquiring more land to build on in 2014. so you are seeing that they are reporting average selling price that is are higher. let's take a look also at how the major market averages are doing. we know there has been a lot of red. there is still red. the dow down 117 points but certainly up off the earlier lows for the day. concerns about emerging market and earnings and the like. back to you. lori: nicole, thanks for that. stocks are selling off as you just heard. in reaction bonds are rallying. yields on the 10-year down to 12-week lowdown to 2.66% as investors snap up perceived security of u.s. government debt. interesting to note here the fed's taper is benefiting treasurys at the long end as investors pull out, especially of long end of emerging market trades. there is the 10-year. swings are not just confined to the equity markets, gold is in negative territory. fox's phil flynn from the pri

lennar pulte, d.r.e catching a bid today being helped along by a drop in interest rates. there are some bright spots. maybe some of the reason that we aren't at session lows but still a very interesting market for this last day of january overall, kelly. >> all right. we'll see if february changes the picture with the janet yellen sitting in at the fed. thank you, dom. we've got about 13 minutes to go before the close, and markets are heading a little lower again. the dow is off almost 150 points. down 147, in fact. the s&p 500 sitting at about 1782. how are you playing the market? tweet us your answer to our question of the day. are you ready to buy on this dip? maybe you already did. your best tweets @cnbcclosingbell coming up in a bit. in today's market, a lot can happen in a second. with fidelity's guaranteed one-second trade execution we route your order to up to 75 market centers to look for the best possible price, maybe even better than you expected. it's all part of our goal to execute your tra

lennar, kb home, pulte. home affordability becomes that much better.ic chu. last hour he broke down a brick wall. find out what he's breaking down this hour. santelli returns in moments. >>> and even though it's the middle of winter it is peak booking season for the cruise industry. our own simon hobbs is getting an inside look at the state of the cruise business live aboard a royal caribbean cruise ship in ft. lauderdale, florida. ahoy, simon. >> 78 degrees. let me tell you, i a head on the program, you know, this is an industry that really has changed a lot over the last 12 months. has reponded to the crises. we're going to highlight with that a remarkable honest interview with a ceo of royal caribbean international. that's next, live from florida on "squawk on the street." 06 35t the old dining table at 25th and hoffman. ...and the little room above the strip mall off roble avenue. ♪ this magic moment it is the story of where every great idea begins. and of those who believed they had the power to do more. dell is honored to be part of some of the w