Big SoMa Project Slated for Approval (And to Break Ground)

Big SoMa Project Slated for Approval (And to Break Ground)

The newly refined plans for a 371-unit development to rise up to seven stories in height on Harrison Street, upon the Western SoMa parcel currently occupied by the German Motors Collision Center building, between Langton and Berwick Place, are slated to be presented to San Francisco’s Planning Commission next... Read More »

Mortgage Rates Tick Up, Probability of a Rate Hike Hits 100 Percent

Mortgage Rates Tick Up, Probability of a Rate Hike Hits 100 Percent

The average rate for a benchmark 30-year mortgage has ticked up 7 basis points over the past two weeks to 4.47 percent, which is the highest rate so far this year, 50 basis points higher than at the same time last year (3.97 percent), and within 11 basis points... Read More »

Price Cut for a Prominent Chunk of Telegraph Hill

Price Cut for a Prominent Chunk of Telegraph Hill

Having hit the market priced at $1.4 million in December of 2016, and briefly in contract early last year, the list price for the 120-foot-wide chunk of Telegraph Hill’s hillside which fronts Sansome Street, below the homes at the end of Alta Street above, has just been dropped to... Read More »

Location for First Shake Shack in San Francisco Confirmed

Location for First Shake Shack in San Francisco Confirmed

As we first reported at the beginning of the year, the owners of the shuttered Real Food Company building on the southeast corner of Fillmore and Filbert had quietly met with the City to discuss a conversion of the nearly 12,000-square-foot structure into a “luxury fine casual restaurant and... Read More »

State Senate Committee Kills Controversial Housing Bill SB 827

With only four (4) of the thirteen (13) members of the State Senate’s Transportation and Housing Committee voting in favor of advancing Senator Scott Wiener’s “transit-rich housing bonus” bill, the controversial SB 827 is DOA this legislative year but is expected to be rewritten and reappear in 2019. The... Read More »

Big Plans for Club Zone Parcels Have Been Drawn

Big Plans for Club Zone Parcels Have Been Drawn

As we first reported last year: The Action Rentals building at 1526-1530 Folsom Street is on the market in Western SoMa, along with its parking lot at 1560 Folsom and two adjacent parcels which extend to (135) Kissling and (276) 11th Streets. Zoned for building up to 55 feet... Read More »

Contemporary Glen Park Home Catches the Neighborhood Wave

Contemporary Glen Park Home Catches the Neighborhood Wave

Remodeled and rebuilt in 2015, the now 3,190-square-foot home at 300 Sussex Street, which sits on an over-sized Glen Park lot with views, hit the market listed for $3.725 million in April of 2016 and sold for $3.365 million ($1,055 per square foot) that September. And having returned to... Read More »

Initiative to Establish a Community Housing Program (and Tax) in SF

Initiative to Establish a Community Housing Program (and Tax) in SF

The paperwork for a proposed ballot measure to establish a new “Community Housing Program” and parcel tax in San Francisco has just been filed with the Department of Elections. If qualified for a future election and approved by voters, the “SF Community Housing Act of 2018” would require the... Read More »

More Density for 520-Foot-Tall Hub District Tower as Envisioned

More Density for 520-Foot-Tall Hub District Tower as Envisioned

The preliminary plans for a 520-foot-tall tower to rise on the Hub District parcel at 30 Van Ness Avenue have been newly refined. And while an additional story of office space has been added to the proposed development’s 120-foot-tall podium, which would include the partial retention of the existing... Read More »

New Life and Passage for a Market Street Plaza as Proposed

New Life and Passage for a Market Street Plaza as Proposed

While technically a 13,000-square-foot “plaza,” the area between the two downtown buildings at 555 and 575 Market Street was effectively privatized and turned into an elevated walkway and entrance to its two adjacent towers back in the 1990s when the Market Center complex was owned by Chevron. But as... Read More »