Why is Chris Daly excited?

Supervisor Chris Daly in BeyondChron: 

I’ve got very exciting news. As of about one hour ago, individuals with development interests in Rincon Hill and community members came to agreement on a package for development and associated mitigations [in the area].

Daly is "excited" after extracting higher fees from developers who want to put five high-rise residential towers for rich people in his district. Now the only issue for our progressive Board of Supervisors is how to spend the loot, not whether luxury condos in 50-story residential highrises should be built in the city in the first place. 

The city has waived height and density regulations to allow this atrocity. You can't "mitigate" a massive development like this; Daly should have opposed it from the start. 

Mayor Newsom praised Daly for being "a very strong advocate for his district," even though the Rincon Towers will completely trash that part of his district.

Community "activist" April Veneracion of the South of Market Community Action Network: "It's a recognition that we live here, we're a community and you can't just steamroll over us." (SF Examiner, July 22-24) 

This just in to April: You were just steamrolled. Whatever community that now exists in the area will be obliterated by luxury highrise condos for thousands of rich people.