Tough at the top, tough at the bottom?

Is the Bay Area on the way up or down?

Office vacancy is still a thing and there's trouble at one of San Francisco's flagship buildings. Yet the city is on the road to recovery (according to the Fed president) and funding continues to flow into local companies.

Here are the biggest stories in another turbulent week in Bay Area business.

Shvo sued by elite lifestyle club

The group behind a proposed elite lifestyle club at Michael Shvo's Transamerica Pyramid has filed asked a New York court to rescind its lease at the iconic building . Core Club alleged building owner Shvo failed to deliver on promises to the members-only club. Some of the details in the lawsuit make for very interesting reading.

New director named at OAK

The airport formerly known as Oakland, San Francisco Bay Oakland International Airport, has confirmed its new director .

The airport's new name, the subject of legal challenges from the city and county of San Francisco , is one of the biggest in-tray items for the new boss. The alleged trademark infringement situation surrounding OAK's new name remains up in the air.

S.F. office vacancy hits a new high

The percentage of vacant office space in San Francisco hit a new high , but the vacancy rate may be slowing, according to new data. Is this a sign the city’s office market may be near stabilization?

"San Francisco usually has a very quick rebound economically in its real estate market , so we do expect to see that," a 世邦魏理仕 analyst said.

Top banker says no to S.F. doom loop narrative

San Francisco is on the way back. But there is work to be done to ensure the local economy returns to full health, according to the president of the S.F. Fed . “The city will not change until we change the city,” Mary Daly, president of the San Francisco Fed said. And she thinks AI companies could play a part in the recovery.

Could this Bay Area ballot measure build 90,000 more affordable homes?

A $20 billion ballot measure made it onto the November ballot after a Bay Area Housing Finance Authority vote. Could it do the seemingly impossible, and get 90,000 affordable homes built in the Bay Area?

Nutrition app snaps up $200 million and celebrity investors

Bono was part of a bumper Series D funding round at a Bay Area nutrition app that offers telehealth, counseling and "foodscripts" for users.

Kids are riding this electric unicorn to school

Zūm has earned a $1.3 billion valuation from the school run. CEO and founder, Ritu Narayan, told us about her journey and how the company could help solve problems much bigger than getting to school on time .

It's voting time!

Do you know a woman leader making a difference in the Bay Area? Help us celebrate them.

Past honorees in this annual awards program include Nobel laureates, Fortune 500 CEOs, nonprofit leaders, entrepreneurs, athletes and artists. Whatever the sector, if you know someone doing amazing things make your nomination here.

Nominations are open through July 14 .

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Have a great week.