San Francisco Landmark on the Market Touting Opportunity

San Francisco Landmark on the Market Touting Opportunity

Designed by Albert Pissis and built in 1912, CPMC’s 20,000-square-foot Health Sciences Library Building at 2395 Sacramento Street was designated a San Francisco Historic Landmark 37 years ago. But with the library having since been digitized and its services gone virtual, the Sacramento Street building was recently emptied and... Read More »

Crown Jewel of Piedmont Now Listed for $2 Million Less

Crown Jewel of Piedmont Now Listed for $2 Million Less

Having hit the market listed as “the crown jewel of Piedmont” for $7.25 million last year, the asking price for the restored 5,700-square-foot Edwardian on a manicured half-acre lot at 117 Sheridan Avenue was reduced to $6.75 million this past March and then to $5.98 million in July. And yesterday,... Read More »

Mortgage Rates Tick Up and Odds of a Hike Jump

Mortgage Rates Tick Up and Odds of a Hike Jump

The average rate for a benchmark 30-year mortgage ticked up 5 basis points over the past week to 3.83 percent, the first real rise in rates since early July. The current average rate is now 35 basis points above the 3.48 percent rate in place at the same time... Read More »

Development Could End Historic Recording Studio’s 48-Year Run

Development Could End Historic Recording Studio’s 48-Year Run

Founded as Wally Heider Recording back in 1969 and now known as Hyde Street Studios, the Grateful Dead, Jefferson Airplane, Santana, CCR, Dead Kennedys, Green Day, Tupac, Cake, Chris Isaak and a long list of significant others have all laid down tracks at 245 Hyde Street in San Francisco’s... Read More »

Facebook Leases a Tower in San Francisco

Facebook Leases a Tower in San Francisco

Facebook has inked a lease for all 432,000 square feet of office space within the bottom two-thirds of the 54-story tower finishing up construction at 181 Fremont Street. The space can accommodate up to 3,000 workers, many, if not most, of which are likely to be current employees and... Read More »

Pace of Existing U.S. Home Sales and Median Price Slip Again

Having slipped 1.3 percent in July, the pace of existing-home sales in the U.S. dropped another 1.7 percent in August to a seasonally adjusted annual rate of 5.35 million transactions which is a nominal 0.2 percent higher on a year-over-year basis and the fourth monthly decline in the pace... Read More »

Inventory of Homes for Sale in San Francisco on the Rise

Inventory of Homes for Sale in San Francisco on the Rise

Having hit a seasonal peak in June, as expected, the number of single-family homes and condos listed for sale in San Francisco has jumped an above-average 67 percent since the end of August and totaled 801 at the beginning of this week. While 8 percent lower than at the... Read More »

Plans for Massive New Waterfront Development Revealed

Plans for Massive New Waterfront Development Revealed

With an extensive cleanup of the old Potrero Power Plant site and its shoreline underway, plans for over 5 million square feet of development to rise up to 300 feet in height upon the 29-acre Central Waterfront site at 1201 Illinois Street – which is bounded by Illinois, the... Read More »

Supermarket Could Become a Surgery Center as Proposed

Supermarket Could Become a Surgery Center as Proposed

Much to the chagrin of neighbors, the former Bell Market at 1336 Post Street has been shuttered for over a decade. And while a number of said neighbors have long been pushing for the market to be reflagged and revived, Golden Hills Realty is now taking another tack. And... Read More »

Plans to Raise the Roof and Housing above Oddjob

Plans to Raise the Roof and Housing above Oddjob

Tentative plans for a 40-room hotel to rise over the Oddjob building at 1337 Mission Street appear to have been abandoned, but plans for a major addition and conversion of the existing building’s top two floors have not. As newly proposed, the second and third floors of the bar’s... Read More »