Bill To Freeze Speculative Evictions In San Francisco, Take Three

Having fallen one vote short last year, and failed in 2007, Senator Mark Leno has once again introduced legislation to curb speculative Ellis Act evictions in San Francisco. Mirroring Leno’s previously proposed Senate Bill 1439, which was approved by the Senate but rejected by the Assembly Housing Committee, Senate... Read More »

Google’s BIG Plans For A High-Tech Canopied Campus

Google’s BIG Plans For A High-Tech Canopied Campus

Google’s plans for a new high-tech Mountain View campus total over 3.4 million square feet, with a series of canopied structures rising across 60 acres on four North Bayshore sites (the 18-acre Landings; a 7.5 acre parcel on Huff Avenue; a 22-acre block at Charleston and Joaquin; and 12.5... Read More »

New Mission Bay Park Slated For June Opening

New Mission Bay Park Slated For June Opening

Hot on the heels of Mission Bay’s only Children’s Park which is slated to open this May, the 2.4-acre “Mariposa Park” under construction on the southern most portion of Mission Bay, to the north of Mariposa Street, between Interstate 280 and UCSF’s new Medical Center, is slated to be... Read More »

Record-Setting Glen Park Sale Breaks The $4M Mark

Record-Setting Glen Park Sale Breaks The $4M Mark

While the sale of the newly remodeled home at 162 Randall for $3.995 million a few weeks ago came close, having closed escrow yesterday with a reported contract price of $4.2 million, or roughly $1,235 per square foot, the sale of 233 Laidley is the first Glen Park home... Read More »

Pending U.S. Home Sales Index Hits 18-Month High

The National Association of Realtors Pending Home Sales Index increased 1.7 percent from December to January.  The index is at its highest point since August 2013 and 8.4 percent higher than at the same time last year. The Pending Home Sales index for the West increased 2.2 percent in... Read More »

Mission Bay Children’s Park Coming soon

Mission Bay Children’s Park Coming soon

Mission Bay “Park P6″ is a triangular parcel of land measuring a little over an acre at the intersection of Long Bridge and China Basin Streets. The eastern two-thirds of the parcel is in the process of being transformed into a the only dedicated Children’s Playground planned for Mission... Read More »

Millennial Buyers Rule The  Roost At Emeryville Development

Millennial Buyers Rule The Roost At Emeryville Development

It took eight years, including a two-year hiatus from 2009 to 2011 when the unsold units were lost to foreclosure, but the 424-unit Bridgewater complex in Emeryville, a complex which was originally developed as a rental property in 1988, is now officially “sold out.” A few numbers to note:... Read More »

Another Parcel Near Parque Ninos With Plans For Development

Another Parcel Near Parque Ninos With Plans For Development

Speaking of a development which could be caught in the crosshairs of a threatened housing moratorium in the Mission, and another which borders the old Southern Pacific Railroad Right of Way, the parcel at 953 Treat, across the street from Parque Ninos Unidos between 22d and 23rd, is in contract... Read More »

Mortgage Rates On The Rise

Mortgage Rates On The Rise

Mortgage rates have ticked up for the third week in a row and the average rate for a conforming 30-year mortgage is currently averaging 3.8 percent, up from 3.59 percent at the beginning of the month. The 30-year rate was 4.37 percent at this time last year. Averaging 6.7... Read More »

Inner Mission Development Racing To Beat Building Moratorium

Inner Mission Development Racing To Beat Building Moratorium

A permit to raze the shuttered Western Plywood warehouse at Harrison and 22nd Streets in the Mission has been requested, and in its place, a four-story residential building is planned to rise, with the old Southern Pacific Railroad Right of Way right behind and Parque Ninos Unidos a block... Read More »

Google Rebooting Plans For New Mountain View Campus

Google Rebooting Plans For New Mountain View Campus

Having put their plans for a 1.1 million square foot Bayview Campus designed by NBBJ on hold back in 2013, Google is reportedly preparing to submit plans for a new campus, “a series of canopylike buildings” designed by Heatherwick Studio and Bjarke Ingels Group (BIG), to the city of... Read More »

Modern Mid-Market Development Downsized, Art Center Cut

Modern Mid-Market Development Downsized, Art Center Cut

Group I’s plans for a modern Mid-Market hotel, residential and retail complex to rise up to 200-feet in height at the corner of Market and Turk have been downsized, and the development’s proposed 75,000-square-foot Center for Arts & Education to rise at Turk and Taylor has been altogether cut.... Read More »

Pace Of New Home Sales In The U.S. Slips, Inventory Builds

Pace Of New Home Sales In The U.S. Slips, Inventory Builds

Having jumped 11.6 percent in December, the seasonally adjusted pace of new single-family home sales in the U.S. slipped 0.2 percent to an annual rate of 481,000 sales in January. And while new home sales in the U.S. are running at a pace which is 5.3 percent higher than... Read More »

Mega Condos Could Top Two San Francisco Towers, Set A Record

Mega Condos Could Top Two San Francisco Towers, Set A Record

Tishman Speyer is quietly exploring the possibility of merging up to twelve three-bedroom units atop the two towers rising at 201 Folsom Street (a.k.a. LUMINA). At the extreme, the eight three-bedroom units across the 41st and 42nd floors of LUMINA’s Tower B could be combined into one mega-duplex measuring... Read More »

400-Foot Tower Dubbed “Jasper,” Leasing This Spring

400-Foot Tower Dubbed “Jasper,” Leasing This Spring

The 400-foot tower rising at 45 Lansing has been dubbed “Jasper.” Originally intended to be developed as a 227-unit uberluxury condo building by Turnberry Associates, the project was redesigned by Crescent Heights, the developers of NEMA, to consist of 320 rental units, including nearly one hundred studios (up from 3... Read More »