Bay Area Employment Slips, San Francisco Nears Negative Growth

Bay Area Employment Slips, San Francisco Nears Negative Growth

The unemployment rate in San Francisco jumped from 2.1 to 2.7 percent in June as the number of people living in the city with a job dropped by 1,600 to 550,600 while the labor force increased by 1,600 to 565,600. And while there are still 113,900 more people living... Read More »

Menlo Park House of Light Fetches $5.5 Million

Menlo Park House of Light Fetches $5.5 Million

Designed by the late modernist architect John Thodos and built on a wooded Menlo Park lot eight years ago, the award-winning “House of Light” at 625 Hobart Street, which first hit the market in 2016 priced at $8.5 million, has sold for $5,537,500 or roughly $1,099 per square foot.... Read More »

Real Life Aviato Club in the City’s Crosshairs

Real Life Aviato Club in the City’s Crosshairs

Purchased for $855,000 in 2004, the single-family home at 166 Newton Street in Crocker Amazon has been operating as an illegal “hacker/co-living house for entrepreneurs, developers, digital nomads and students.” Unregistered with the City but still listed on Airbnb, the host of the “Aviato Club” on Newton, whom had... Read More »

Plans to Convert Historic Mini Dealership Building Progress

Plans to Convert Historic Mini Dealership Building Progress

As we first reported earlier this year: While currently leased to Mini of San Francisco, plans to renovate and repurpose the historic Willis Polk and Co. designed building on the southwest corner of Van Ness Avenue and Eddy are in the works. And as envisioned, the 45,000-square-foot building, which... Read More »

Plans to Permit Illegal Remodel of Scofflaw’s Property

Plans to Permit Illegal Remodel of Scofflaw’s Property

Having secured a permit to simply conduct an “exploratory demo to determine sheetrock and termite damage,” the new owner of the Bernal Heights home at 310 Moncalm Street, which was purchased for $925,000 in November of 2015, began a full remodel and expansion of the property. Flagged by neighbors... Read More »

Three Leading Proposals for the Redevelopment of Fort Scott

Three Leading Proposals for the Redevelopment of Fort Scott

The Presidio Trust has just completed their preliminary review of the nine (9) concept proposals for the redevelopment of the roughly two dozen buildings spread across 30 acres of the Presidio that comprise Fort Winfield Scott into a “Campus for Change” and has narrowed the field to three (3)... Read More »

Sidelined Excelsior District Development Closer to Reality

Sidelined Excelsior District Development Closer to Reality

Sidelined by the economy in 2006, not to mention ongoing concerns about the density of the proposed redevelopment and its impact on the neighborhood, the formal application to level the former Excelsior District Woolworth’s turned Dollar Store at 4550 Mission Street and construct a five-story building upon the site... Read More »

Price Cut for Beloved Bookstore and Former Theater Site

Price Cut for Beloved Bookstore and Former Theater Site

As we first reported last year: After nearly 40 years in business, the Castro’s (second to) last remaining bookstore, Aardvark Books, appears to be done as the one-story building it occupies at 227 Church Street has quietly hit the market with a $2.85 million price tag. Purchased by the... Read More »

50 Percent More Homes on the Market in San Francisco versus 2015

50 Percent More Homes on the Market in San Francisco versus 2015

While having slipped 6 percent over the past month with typical seasonality in play, the number of single-family homes and condos actively listed for sale in San Francisco has ticked up 9 percent over the past two weeks to 650, which is 3 percent higher on a year-over-year basis... Read More »

The Vulnerability and Consequences of Sea Level Rise in SF

The Vulnerability and Consequences of Sea Level Rise in SF

While a final assessment and consequences report isn’t slated to be finished until next year, a map of the San Francisco blocks most vulnerable to a projected sea level rise of between 36 and 66 inches by the end of this century has been drafted. And while recently approved... Read More »