No decision from San Diego City Council on Ash Street litigation

Confidential discussions of three lawsuits over the city’s lease-to-own deal for the 101 Ash St. high-rise stretched for more than 4½ hours Tuesday, but the San Diego City Council said it took no action on the litigation.

Public documents released in recent weeks show Mayor Todd Gloria and City Attorney Mara Elliott have been promoting a resolution of the lawsuits filed since the city acquired the building more than five years ago.The 20-year lease-to-own arrangement has cost the city at least $60 million even though the building is unsafe to occupy.

A consultant said it would take $115 million to repair the building, which was appraised at $67 million before the council approved the agreement. Another case was filed by the city against an LLC created by Cisterra Development, a San Diego company that acted as the landlord in the 2016 Ash Street deal, as well as its lender.

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