Expansion of San Francisco’s Ferry Terminal About to Get Underway

Expansion of San Francisco’s Ferry Terminal About to Get Underway

With Sinbad’s having been razed to make room for the San Francisco’s Ferry Terminal Expansion project, which includes the construction of two new berthing facilities (Gates F and G) and a new Bayside promenade with covered passenger queuing areas on the south side of the Ferry Building, the groundbreaking... Read More »

Employment in San Francisco Dropped in Q1

Employment in San Francisco Dropped in Q1

With the number of people living in San Francisco with a job pegged at 543,900 last month, a nominal 200 higher than the month before, employment in the city has dropped by 3,300 in the first quarter of the year versus gaining 6,900 in the first quarter of 2016,... Read More »

Plans to Build Higher on Harrison

Plans to Build Higher on Harrison

Plans to raze the two-story Fast Signs Building on the northwest corner of Harrison and Hawthorne Streets are in the works. And as proposed, a 14-story building, with 118 residential units over a garage for 26 cars, will rise up to 130 feet in height upon the 650 Harrison... Read More »

Pace of Existing Home Sales Hits a Ten-Year High in the U.S.

Having slipped 3.7 percent in February, the pace of existing-home sales in the U.S. ticked up 4.4 percent in March to a seasonally adjusted annual rate of 5.71 million transactions, the highest pace since the 5.79 million sale pace recorded in February 2007 and 5.9 percent above the pace... Read More »

Initiative to Establish a Good Neighbor Commission in San Francisco

Initiative to Establish a Good Neighbor Commission in San Francisco

The paperwork for a proposed ballot measure to establish a “Good Neighbor Commission” has been submitted to San Francisco’s Department of Elections. As envisioned, San Francisco’s existing seven-member Entertainment Commission would be renamed the “San Francisco Entertainment and Good Neighbor Commission;” an additional four commissioners would be added; and... Read More »

New S.F. Condo Sales Slipped in March but Jumped Year-Over-Year

While the number of purchase contracts signed for new condominiums in San Francisco slipped 4 percent from February to March, the sales volume in March (91) was more than twice the volume at the same time last year (39) but with a number of new sales offices having opened... Read More »

Mid-Century Modern Mill Valley Gem Fetches $2.8 Million

Mid-Century Modern Mill Valley Gem Fetches $2.8 Million

Designed by Daniel Liebermann and built out of old-growth redwood, glass and brick back in 1962, the Mid-Century Modern Mill Valley home at 861 Lovell Avenue, which was listed for $2.795 million, has sold for $2.8 million. The main two-bedroom home sits on a 1.25-acre wooded lot, with a... Read More »

Former Cal Coach Scores on Fast Break from East Bay Home

Former Cal Coach Scores on Fast Break from East Bay Home

Purchased by Cuonzo Martin for $2.5 million in mid-2014, two months after Cuonzo was named head coach of Cal’s men’s basketball team, the 4,123-square-foot Piedmont home at 88 Sandringham Road hit the market listed for “$2.495 million” last month, two weeks after Cuonzo resigned from Cal and accepted a... Read More »

Benchmark Mortgage Rate Drops Below 4 Percent

Benchmark Mortgage Rate Drops Below 4 Percent

The average rate for a benchmark 30-year mortgage has dropped below 4 percent for the first time since November, shedding 11 basis points over the past week and 33 basis points since the the Fed’s second rate hike last month. At the same time, the current 30-year average rate... Read More »

Timeline to Adopt San Francisco’s Central SoMa Plan Slips

Timeline to Adopt San Francisco’s Central SoMa Plan Slips

Originally expected to occur this “Spring,” the formal process to adopt San Francisco’s revised Central SoMa Plan is now expected to be initiated in July, a shift which could push the timeline for the plan’s expected adoption back from the “Summer/Fall” of 2017 as well. As proposed, the revised... Read More »