Long-Term Effect Of Mission Moratorium: None
Despite what you might have read elsewhere, according to the City’s Office of Economic Analysis, “a temporary moratorium on market-rate housing would not affect the supply or price of housing in San...
View ArticleUber’s Worldwide Headquarters Ready To Rise
The general contractor in charge of building Uber’s worldwide headquarters in Mission Bay is now soliciting bids from subcontractors to start driving the piles upon which the development will rest and...
View ArticleSupes Approve Stricter Eviction Rules, Allow For New Roommates
San Francisco’s Supervisors have unanimously approved legislation which will prohibit rent increases or evictions based on adding new roommates to an existing tenancy, will give tenants a chance to...
View ArticleSupervisor Fanning North Beach Subway Site Flames
The City isn’t about to lose a key Central Subway site to condos as the Examiner recently reported, for those plans were proposed and approved years ago. Or as we reported in 2013: “The demolition of...
View ArticleUber Paid $123.5 Million For Uptown Oakland HQ
According to Alameda County records, Uber paid $123.5 million to acquire its future East Bay headquarters in Oakland’s Uptown. At 380,000 square feet, that’s $325 per square foot and exactly half the...
View ArticleWhat’s It Worth To Get Rid Of Elderly Tenants In S.F.?
Five months ago, the two-unit Mission District building with an unwarranted in-law at 867-869 South Van Ness was purchased for $1.625 million. At the time of the sale, the in-law and lower unit were...
View ArticleLegislation To Allow Building Up To Three Stories Higher
Proposed legislation which would allow developers in San Francisco to build up to three stories higher than currently zoned, depending upon the percentage of ‘affordable’ units included on-site, has...
View ArticleRefined Designs For Lower Pac Heights Development
With Brand + Allen Architects having closed its doors in the four years since their design for the ‘out-of-scale’ redevelopment of the Booker T. Washington Community Services Center at 800 Presidio...
View ArticleSan Francisco Landlord Tops List Of Bay Area Tax Delinquents
Of the top 500 tax delinquents in California, former CitiApartments Managing Partner and cousin of the late Walter Lembi, David M. Raynal, is number six with $2.59 million owed, the top Bay Area tax...
View ArticleSo, You Think This Site Is Simply Too Small For A Tower?
As we noted yesterday and a few years ago as well, the 220 Battery Street site upon which a two-story office building current sits, and upon which a modern three-story residential addition is now...
View ArticleCommercial Investment In Bay Area Real Estate Slipped In Q3
$6.49 billion of Bay Area commercial real estate, defined as properties valued at over $5 million apiece, traded hands in the third quarter of 2015, down 5.7 percent from $6.88 billion in the third...
View Article40-Story Rincon Hill Tower Rising Ahead Of Schedule
Construction of the 40-story Rincon Hill tower rising up to 400-feet at 340 Fremont Street has topped out ahead of schedule (i.e., it’s not rising any higher). And the 348 apartments within should be...
View ArticleIn For A Penny…
The single-family Sunnyside home at 698 Joost Avenue was purchased for $705,000 without a garage or off-street parking space in January of last year. Last month, the buyer of the home met with San...
View ArticleActivity In The Mega Million Dollar Market Down South
In contract for the past two weeks, the $39.9 million de Guigne estate, which includes a 16,000-square-foot, old-school mansion on 47.5 acres in Hillsborough, has just fallen out of escrow and is once...
View ArticleAn Uptick In Listings, And Reductions, For Unfinished Flips
The Cole Valley Victorian at 164 Belvedere Street, which was purchased for $1.995 million last year, has been gutted, the lot excavated to expand the home, and a new foundation has been poured. And...
View ArticleThe Potential Impact Of SF’s Bonus Height Program
San Francisco’s proposed Affordable Housing Bonus Program would allow developers in the city to build up to three stories higher than currently zoned, depending upon the percentage of ‘affordable’...
View ArticleNew Condo Pricing Continues to Drop in San Francisco
While the number of purchase contracts signed for new condominiums in San Francisco quintupled from 18 in January to 95 in February with plenty of seasonality in play, the sales volume was down 25...
View ArticleUPDATED: Application for Bigger Market Street Building Filed
The formal application for a 96-unit building to rise up to 85 feet in height at the intersection of Market and Duboce, behind the historic façade of the former Gantner Brothers’ Funeral Home building...
View ArticleUber Slows its Roll in Oakland, Doubles Down in San Francisco
With Uptown Station’s opening already pushed back to the second quarter of 2018 due to design changes, Uber is now looking to sublet up to half of the 300,000 square feet of future office space at the...
View ArticleNew Timing for Twisty Transbay Tower
While the Transbay District site for the twisty 400-foot-tall “Bay Tower” designed by Jeanne Gang to rise at 160 Folsom Street, on the northwest corner of Folsom and Spear, has been cleared and...
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