Jobs are the latest casualty in the wave of luxury housing developments in San Francisco.
Several businesses in the Mission District are closing as a developer seeks approval for demolition -- a proposal neighbors plan to fight.
The American Conservatory Theater Prop and Scene shop is one of the businesses set to close to make way for luxury living developments.
"The building has been sold to a developer for condos," said Mark Luevano of American Conservatory Theater Prop and Scene. "Thirty-eight years of tradition and history is being shut down for lack of space and money."
The shop's closure also cost eight employees their jobs.
The 274-unit housing proposal at 18th and Bryant streets would demolish most of an entire block.
San Francisco supervisors late Tuesday voted down a temporary building moratorium in the Mission.
Spike Kahn was one of many residents who spoke at the emotional meeting. He, along with others who oppose the luxury housing developments, will fight the plan.
Calls and e-mails to the developer, Nick Podell, seeking comment on this story were not returned late Wednesday.
Residents are expected to speak out against the proposal at the planning commission meeting on June 18.