Major Price Cut for a Former Consulate in San Francisco

Major Price Cut for a Former Consulate in San Francisco

Designed by Bliss & Faville and built following the Great Quake of 1906, the nearly 14,000-square-foot Pacific Heights mansion at 3001 Pacific Avenue was purchased by the Egyptian government in 1960 and served as its Consulate up until around 2010 when it was last renovated and reinforced. And having... Read More »

Timing and Cost for Affordable Studios to Rise in Mission Bay

Timing and Cost for Affordable Studios to Rise in Mission Bay

While the development rights for Mission Bay South Block 9 have been awarded to BRIDGE Housing and Community Housing Partnership (which will manage the proposed 141 studios for currently homeless and extremely low-income households (below 30 percent of the area median) to rise up to four stories in height... Read More »

Mortgage Rates Continue to Rise, Short-Term nearing 7-Year Highs

Mortgage Rates Continue to Rise, Short-Term nearing 7-Year Highs

Continuing a trend that shouldn’t catch any plugged-in readers by surprise, the average rate for a benchmark 30-year mortgage ticked up another 6 basis points over the past week to 4.38 percent, which is now 43 basis points higher than at the beginning of the year, 23 basis points... Read More »

New Condo Sales and Pricing Tick Up in SF as Inventory Drops

New Condo Sales and Pricing Tick Up in SF as Inventory Drops

Boosted by the official opening of the sales office for the new Mission District development at 1188 Valencia Street (a.k.a. 1198 Valencia), the number of purchase contracts signed for new construction condos in San Francisco totaled 80 in January versus 18 in January of 2017, according to sales office data... Read More »

Mercedes of SF Planning Big Development in the Mission

Mercedes of SF Planning Big Development in the Mission

Plans to level the three Bartfeld Sales Co. warehouse buildings which stretch from 114 to 150 14th Street, as well as two adjacent industrial buildings on Erie (numbers 55 and 73), are in the works on the northern edge of the Mission across from the Foods Co. And as... Read More »

Stunning Home, Views and $7.7 Million Price Tag Coming Soon

Stunning Home, Views and $7.7 Million Price Tag Coming Soon

Having survived a challenge by neighbors on the northern edge of Glen Park, the old 875-square-foot cottage at 1783 Noe Street – which was purchased for $1.7 million in 2014 having sat on a prime 4,000-square-foot lot with panoramic views – was razed and the construction of a contemporary... Read More »

Plans for 250-Foot-Tall Ballet School Tower and Plaza Moving Ahead

Plans for 250-Foot-Tall Ballet School Tower and Plaza Moving Ahead

The plans for a 27-story tower to rise up to 250 feet in height at the intersection of Otis, South Van Ness Avenue and 12th Street are being refined and the environmental impact report (EIR) for the proposed project, which includes a 10-story podium across the site, is about... Read More »

More Tourists, Fewer Residents as Proposed

More Tourists, Fewer Residents as Proposed

Built in 1913 and opened as the Keystone Hotel, roughly half (81) of the 168 hotel rooms at 54 Fourth Street, which is now ‘The Mosser,’ were subsequently reclassified and rented as residential units without kitchens (i.e., SRO units) which average 142 square feet in size, thirteen (13) of... Read More »

Giants’ Development Slated for Approval sans Anchor

Giants’ Development Slated for Approval sans Anchor

In the works for over a decade, the official development agreement and approvals necessary for the San Francisco Giants to move forward with their massive (yes, massive) redevelopment of A&T Park’s Parking Lot A into “Mission Rock,” the plans for which include over 1.4 million square feet of office,... Read More »

Timing and New Details for Massive Balboa Reservoir Redevelopment

Timing and New Details for Massive Balboa Reservoir Redevelopment

According to a draft Fiscal Responsibility report for the massive Balboa Reservoir project, the projected $560 million development, a total which doesn’t include the price of the land or community benefits which have yet to be negotiated, could break ground “as early as 2021,” which is right in line... Read More »