Fairmont San Francisco condo plan collapses

SAN FRANCISCO A proposal to convert a portion of The Fairmont San Francisco into condominium units has collapsed, leaving the future of the property in question.

The hotels’ owners, headed by Maritz, Wolff & Co., sought to replace the 50-year-old tower portion of the property with about 160 luxury condos. The plan, which was originally proposed six years ago, has formally been voted down by the hotel’s labor union, which worried the overhaul would result in a loss of jobs, San Francisco Chronicle reports.

Without the backing of city officials, who have declined to get involved in the situation, the proposal appears to be dead.

The landmark hotel hosted the summit in 1945 that saw the drafting of the United Nations charter.