From S.F. Gate by Matier and Ross:
The proposed expansion of a private school in tony Presidio Heights is becoming an old-versus-new money showdown — complete with high-powered lawyers, big-time consultants and all against a backdrop of a red-hot real estate market.

At the center of the fight is the nearly century-old Presidio Hill School, whose 200 pre-kindergarten through eighth grade students occupy a three-story building shoehorned among the sizable mansions atop Washington Street.

The troubles started last May when a red brick house just around the corner from Presidio Hill School was sold to an undisclosed buyer for $7 million – about $1.6 million over asking.

When months passed without any signs of the new owners moving in, neighbors got suspicious.

Real estate records only revealed that the property was purchased by a law office as a limited liability company.

Eventually, after rumors surfaced that the house had something to do with the Presidio Hill School’s latest expansion plans, neighbors confronted headmaster Scott Duyan. He confirmed their fears, saying that a family had purchased the property for the school’s use.

To some neighbors, it was a betrayal of a deal they had negotiated with the school in 2000 to permit a small rear addition to Presidio Hill in exchange for the school agreeing not to buy any properties within 300 feet of its campus to be used for anything other than residences.

read more>>