Proposed Hub Heights Raised, Impact Report about to Be Drafted

Proposed Hub Heights Raised, Impact Report about to Be Drafted

With San Francisco’s ambitious Central SoMa Plan nearing adoption, the city’s Planning Department is about to start drafting the Environmental Impact Report (EIR) for the equally ambitious Hub District Plan. In addition to improving and activating the area’s streets, alleys and public realm, the Market Street Hub plan would... Read More »

Contemporary Dogpatch Development Slated for Approval

Contemporary Dogpatch Development Slated for Approval

Plans to raze the two-story Dogpatch building on the northwest corner of 20th and Illinois, which is currently home to Jim’s Smoke Shop and Deli, could be approved next month. And as proposed by Workshop1, a six-story building could rise up to 68 feet in height across the 600... Read More »

More Height for Hayes Valley Tower as Newly Rendered

More Height for Hayes Valley Tower as Newly Rendered

As we first reported early last year: “San Francisco’s Planning Department has completed its preliminary review of the French American International School’s proposed 320-foot tower to rise on its parking lot site at 98 Franklin Street in Hayes Valley. And beyond the proposed height, for which the school has... Read More »

Price Cut for Approved SoMa Development and Land

Price Cut for Approved SoMa Development and Land

Approved by the City last year, the plans for a 24-unit development to rise up to six stories in height upon the former CrossFit site at 1228 Folsom Street and its underlying Western SoMa parcel hit the market earlier this year priced at $6.95 million or roughly $290,000 per... Read More »

Mortgage Rates Move Higher, Odds of a Rate Hike Slip

Mortgage Rates Move Higher, Odds of a Rate Hike Slip

Having hit a 7-year high last week, the average rate for a benchmark 30-year mortgage has ticked up another 5 basis points to 4.66 percent, which is 71 basis points above its mark of 3.95 percent at the same time last year and the highest average rate since May... Read More »

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

Having ticked up 1.1 percent in March but slipped on a year-over-year basis, the pace of existing-home sales in the U.S. dropped 2.5 percent in April to a seasonally adjusted annual rate of 5.46 million sales which is 1.4 percent lower versus the same time last year. At the... Read More »

Plans for Another Transbay District Tower

Plans for Another Transbay District Tower

Having failed to be assembled into the bigger plans for an 800-foot tower to rise on Transbay Parcel F, plans for a skinny 44-story tower to rise up to 450 feet in height upon the adjacent 10,350-square-foot Temple nightclub parcel at 540 Howard Street, which is 15 percent smaller... Read More »

Eight-Story Development in the Tenderloin Closer to Reality

Eight-Story Development in the Tenderloin Closer to Reality

Purchased for $1.528 million in August of 2016, the rent for the Unique Cleaners building at 820 Post Street was soon raised, the business subsequently shuttered, and plans to raze the building and redevelop its Tenderloin parcel were drafted, as we first reported at the time. And having since... Read More »

Pace of New Home Sales in the U.S. Slips, Inventory Inches Up

Pace of New Home Sales in the U.S. Slips, Inventory Inches Up

Having ticked up a downwardly revised 2.0 percent in March, the seasonally adjusted pace of new single-family home sales in the U.S. slipped 1.5 percent in April to annual pace of 662,000 sales but remains 11.6 percent higher on a year-over-year basis and 1.7 percent above the long-term average... Read More »

New Feng Shui Selling Points for that Modern $30 Million Mansion

New Feng Shui Selling Points for that Modern $30 Million Mansion

With a buyer yet to emerge for the modern Atherton mansion which sits on a 1.6-acre parcel at 96 Ridge View Drive, the marketing materials for the Stanley Saitowitz designed home, which currently sports a $29.8 million price tag, have just been updated to highlight nine “Feng Shui Features”... Read More »