Affordable Development Appealed by Neighbor in Telegraph Hill

Affordable Development Appealed by Neighbor in Telegraph Hill

While the proposed development of 178 affordable apartments to rise up to six stories in height across the half-block-plus parking lot parcel at 88 Broadway, a development which the Telegraph Hill Dwellers (THD) have been seeking to have “right-sized,” has yet to be approved, a formal appeal of the... Read More »

Infilling Cole Valley as Envisioned

Infilling Cole Valley as Envisioned

When the large Cole Valley Victorian at the corner of Carl and Stanyan, which is known as the Lange House, sold for $3.15 million in mid-2014, the sale included the adjoining and potentially sub-dividable lot fronting Stanyan Street, as we reported at the time. Plans for a four-story condominium... Read More »

Collective of Modern Condos Closer to Reality

Collective of Modern Condos Closer to Reality

As we first reported last year: Plans to level the two-story Auto Trust Services building at 255 Shipley Street have been drafted. And as proposed, a modern four-story building designed by Natoma Architects will rise across the Western SoMa site with 24 condos and parking for six cars. The... Read More »

Plans for Semi-Massive Presidio Heights Development Formalized

Plans for Semi-Massive Presidio Heights Development Formalized

The formal application to move forward with the semi-massive redevelopment of CPMC’s nearly 5-acre California Hospital Campus at 3700 California Street has just been submitted to San Francisco’s Planning Department. While the Planning Department’s review of TMG Partners’ preliminary plans for the site had “strongly encouraged” increasing the density... Read More »

Down on Nob Hill

Down on Nob Hill

Purchased for $1.2 million or roughly $1,136 per square foot in January 2016, the 1,056-square-foot one-bedroom condo #1212 within Gramercy Towers at 1177 California Street returned to the market priced at $1.275 million this past July, a sale at which would have represented total appreciation of 6.3 percent since... Read More »

Bay Area Home Sales Hold Despite Fires and SF’s Slip

Bay Area Home Sales Hold Despite Fires and SF’s Slip

Despite the marked impact of the recent wild fires in Sonoma and Napa counties, which resulted in an average 18.7 percent drop in sales activity versus the same time last year, the number of single-family homes and condos that traded hands across the greater Bay Area ticked up 1.9... Read More »

The Fed Institutes a Rate Hike, Signals Three More in 2018

As predicted, the Federal Reserve has just raised its benchmark Federal Funds rate, upping its target range by another 0.25 percent (25 basis points) and signaling expectations for three more quarter-point increases in 2018. The Fed dropped the benchmark rate five (5) percentage points between August of 2007 and... Read More »

Apples-To-Apples for a Central SoMa Penthouse Condo, Take Two

Apples-To-Apples for a Central SoMa Penthouse Condo, Take Two

As we wrote a year ago last month: “Speaking of list price reductions in San Francisco, the asking price for the “rarely available” corner one-bedroom unit #802 on a penthouse level of the Palms at 555 4th Street, a level which is outfitted with gas stoves and Sub-Zero refrigerators,... Read More »

Plans for Building up in the Excelsior Back in Play

Plans for Building up in the Excelsior Back in Play

Plans to level the former Excelsior District Woolworth’s turned Dollar Store at 4550 Mission Street and construct a four-story building, with 17 residential units over a ground floor retail space and parking for 23 cars, were proposed back in 2006 but subsequently squashed by the economy and ongoing concerns... Read More »

San Francisco Mayor Ed Lee Has Died at the Age of 65

San Francisco Mayor Ed Lee Has Died at the Age of 65

San Francisco Mayor Ed Lee died from a heart attack early this morning at the age of 65. As such, Board of Supervisors President London Breed is now the acting mayor and will remain in the role until a special election is held on June 5 of 2018 unless... Read More »