Accusations of Fraud and New Mansion Fight

Accusations of Fraud and New Mansion Fight

Having hit the market listed as an “impeccable & elegant home” with “partial views and surrounding gardens” for $11.5 million in April of 2015, the remodeled 6,100-square-foot home at 2939 Vallejo Street, which is the four-story Pacific Heights home to the right of the outlined parcel above, sold for... Read More »

Record Employment in San Francisco and around the Bay

Record Employment in San Francisco and around the Bay

The number of people living in the city of San Francisco with a job jumped by 6,700 in September to a record 555,200, pushing the unemployment rate back down to 2.9 percent. As such, there are now 89,700 more people living in San Francisco with paychecks than there were... Read More »

Pace of Existing U.S. Home Sales Inches up but Median Price Drops

Having dropped 1.7 percent in August, the pace of existing-home sales in the U.S. inched up 0.7 percent in September to a seasonally adjusted annual rate of 5.39 million transactions but is now 1.5 percent lower than at the same time last year and the second lowest pace in... Read More »

Plans for Another Big Mid-Market Hotel and More

Plans for Another Big Mid-Market Hotel and More

Speaking of proposed Mid-Market hotels, plans for a 12-story building to rise upon the long-vacant lot at 1125 Market Street (upon which the former Bell/American/Embassy Theater once stood adjacent to the newly renovated Strand) have been newly drawn and submitted to Planning for approval. While MacFarlane Partners, which purchased... Read More »

First Neutra Designed Home in SF Illegally Demolished

First Neutra Designed Home in SF Illegally Demolished

Built in 1936 and known in architectural circles as the Largent House, the modernist home at 49 Hopkins Avenue hit the market listed for $1.475 million in 2013 and sold for $1.4 million that December. From the listing at the time: “One of a kind trophy home in Twin... Read More »

Clearing the Way for a 10-Story Hotel Right Here

Clearing the Way for a 10-Story Hotel Right Here

Back in 1908, a rather fine seven-story loft building designed by MacDonald & Applegarth was built upon the 1055 Market Street parcel which stretches from Market to Stevenson Street. A six-alarm fire started by an arsonist destroyed the Forrest Building in 1979. And in 1981, a not so fine... Read More »

Western SoMa Target, CVS and Starbucks Closer to Reality

Western SoMa Target, CVS and Starbucks Closer to Reality

The formal application to convert the former Sports Authority building at 1690 Folsom Street into a full-service Target has been filed with Planning. The conversion wouldn’t require an expansion of the 40,000-square-foot building nor a major change to the building’s façade, save new signage. And as proposed, a full-service... Read More »

Temporary Transbay Terminal to Become a Condo Showroom

Temporary Transbay Terminal to Become a Condo Showroom

While there are big plans to redevelop the Transbay District block bounded by Howard, Beale, Folsom and Main once San Francisco’s Temporary Transbay Terminal is shuttered after San Francisco’s new Transbay Transit Center opens sometime next year, the ground for around 240 affordable units to rise up to 165-feet... Read More »

Biggish Ocean Avenue Development Closer to Reality

Biggish Ocean Avenue Development Closer to Reality

The designs for a 125-unit development to rise up to five stories in height upon the former Crayon Box/Little Bear preschool site at 65 Ocean Avenue, between Cayuga Avenue and Alemany Boulevard, have been newly rendered by rg-architecture and the formal application to move forward with the development has... Read More »

$2.5 Million Cut for Landmark Presidio Heights Home

$2.5 Million Cut for Landmark Presidio Heights Home

Having hit the market in July priced at $16 million, as we first reported at the time, the asking price for the Landmark Presidio Heights home at 3500 Jackson Street which was designed by Bernard Maybeck and built in 1909 has just been reduced by $2.5 million (15.6 percent)... Read More »