Only in San Francisco, Take Two

Only in San Francisco, Take Two

If the whitewashing of ornate detailing and original woodwork in the name of modernizing drives you crazy, now’s the time to look away. Purchased for $2.55 million last year, the “Exceptional Eureka Valley Home” at 3751-3753 17th Street, which had been “lovingly curated” by the same owner for over... Read More »

Oakland Tower Project Redesigned, Sixth Extension Requested

Oakland Tower Project Redesigned, Sixth Extension Requested

Plans for a pair of residential towers to rise up to 275 feet in height at 325 Seventh Street, on the edge of Oakland’s Chinatown, were first approved by the city seven years ago, the ground for which has yet to be broken. Two years ago, the project team... Read More »

Pricing Index for New Condos in S.F. Inches Up, Sales Slip

Pricing Index for New Condos in S.F. Inches Up, Sales Slip

Having ticked up 4.5 percent in April, the Mark Company’s pricing index for new condos in San Francisco inched up another 0.4 percent in May and is now running 1.7 percent higher versus the same time last year but remains 11.9 percent below its peak in the third quarter... Read More »

San Francisco Sues Developer with History of Under-Permitted Work

San Francisco Sues Developer with History of Under-Permitted Work

City Attorney Dennis Herrera has just filed suit in San Francisco Superior Court against Ashok Gujral, a local real estate developer and investor accused of routinely engaging in under-permitted construction on residential properties throughout San Francisco. According to the complaint, Gujral would seek permits for simple and uncomplicated projects... Read More »

Benchmark Mortgage Rate Slips Post Hike

Benchmark Mortgage Rate Slips Post Hike

With last week’s expected rate hike already priced in, and the 10-year Treasury having dipped following said hike, the average rate for a benchmark 30-year mortgage slipped 5 basis points over the past week to 4.57 percent but remains 67 basis points higher on a year-over-year basis and within... Read More »

Plans for Infilling Another Central SoMa Parking Lot

Plans for Infilling Another Central SoMa Parking Lot

Plans for a new mixed-use office building to rise on the southwest corner of 3rd and Harrison are in the works. While the 50-car parking lot site is slated to be upzoned for building up to 130 feet in height, per San Francisco’s pending Central SoMa Plan, the project... Read More »

Pace of Existing Home Sales in the U.S. Slips, Inventory Ticks Up

Having dropped 2.5 percent in April, the pace of existing-home sales across the U.S. slipped another 0.4 percent in May to a seasonally adjusted annual rate of 5.45 million sales which is now 3.0 percent lower versus the same time last year. At the same time, the inventory of... Read More »

Mission Bay Ferry Clears Environmental Hurdle

Mission Bay Ferry Clears Environmental Hurdle

As we first reported earlier this year: If the Port’s plans are approved as proposed, and dredging commences in mid-2019 as currently envisioned, San Francisco’s future Mission Bay Ferry Landing near the intersection of Terry A. Francois Boulevard and 16th Street, cater-corner to Chase Center and adjacent to the... Read More »

Planning for the Population Doubling and Public Realm of Dogpatch

Planning for the Population Doubling and Public Realm of Dogpatch

With around 3,000 units of housing expected to be built in Dogpatch over the next decade, not including another 2,700 units which could eventually rise on the Potrero Power Plant site, the population of the neighborhood is expected to soon double, if not triple. And with that in mind,... Read More »

More Height, Less Parking, New Design for Approved Oakland Tower

More Height, Less Parking, New Design for Approved Oakland Tower

Plans for a 33-story building with 345 apartments to rise up to 330 feet in height at 1900 Broadway, adjacent to the historic Tapscott Building in Uptown Oakland, which is to be remodeled and incorporated into the project, were approved back in 2015. An increase to allow for 36... Read More »