A $10 Million Two-Bedroom And Story Of Spite

A $10 Million Two-Bedroom And Story Of Spite

Purchased as a three-bedroom for $4.98 million in 2012, the full-floor Russian Hill unit #3 at 945 Green Street has been rebuilt as a two-bedroom and has just returned to the market listed for $9.95 million, “showcasing complementary elements of gracious scale & simplicity.” And while the website for... Read More »

New Designs For Market-Rate Tenderloin High-Rise

New Designs For Market-Rate Tenderloin High-Rise

While the Tenderloin Neighborhood Development Corporation has downsized their plans for an affordable development at Eddy and Taylor, the developers of the proposed market-rate building to rise up to 12-stories on either side of the Metropolis Hotel at the corner of Mason and Turk have increased the density of their... Read More »

Eviction Notices For Families In Chinatown Hotel Withdrawn, For Now

Eviction Notices For Families In Chinatown Hotel Withdrawn, For Now

The eviction notices signed by a vice president at Paragon Real Estate and served to two dozen families living in a single-room-occupancy hotel at 2 Emery Lane in Chinatown are being withdrawn.  And according the Mayor’s Office, the owners of the building have pledged not to issue any new... Read More »

Downsized Development And Grocery Approved For Tenderloin Site

Downsized Development And Grocery Approved For Tenderloin Site

Approved for the development of a 14-story building with 153 affordable apartments back in 2009, and with a 14,250-square-foot commercial space which was slated to become the Tenderloin’s first full-service grocery store, the Tenderloin Neighborhood Development Corp’s 168-186 Eddy Street project to rise on the northeast corner of Eddy... Read More »

Iconic Mission Bar’s Building On The Market, Zoned For More Height

Iconic Mission Bar’s Building On The Market, Zoned For More Height

The three-story building which Blondie’s Bar currently occupies at 540 Valencia Street in the Mission is on the market and listed for $2.1 million. In addition to the ground-floor bar space for which Blondie’s is currently paying $6,363 per month in rent, the term for which has not been... Read More »

Mortgage Rates Drop, Nearing 22-Month Lows

Mortgage Rates Drop, Nearing 22-Month Lows

Mortgage rates have dropped for the second week in a row and the average rate for a conforming 30-year mortgage is down to 3.69 percent, within 10 basis point of its 22-month low (3.59 percent) recorded last month.  At this time last year, the 30-year rate averaged 4.40 percent.... Read More »

420-Unit Building At Hayes And Van Ness Ready For Review/Vote

420-Unit Building At Hayes And Van Ness Ready For Review/Vote

The Emerald Fund’s proposed 420-unit building to rise up to 13-stories along Hayes, stretching from Van Ness Avenue to Polk Street, shouldn’t come as a surprise to any plugged-in readers as we first broke the news about the plans for the 150 Van Ness Avenue development back in 2013.... Read More »

Challenge Of Waterfront Height Limit Measure Survives First Ruling

The State’s legal challenge of San Francisco’s Proposition B, the voter-approved “No Wall on the Waterfront” measure which maintains existing height limits for waterfront property under the control of the Port of San Francisco unless a project specific up-zoning is approved in a public vote, has survived the City’s... Read More »

Zynga Founder Delists Mansion, Plans To Gut And Expand

Zynga Founder Delists Mansion, Plans To Gut And Expand

The listing for the nearly 12,000-square-foot Pacific Heights pad at 2950 Pacific Avenue, which Mark and Alison Pincus, the respective co-founders of Zynga and One Kings Lane, purchased for $16 million in 2012 and re-listed for $18 million six months ago, has been withdrawn from the MLS and scrubbed from... Read More »

Long-Shuttered Gas Station Site Plan: Condos And Lots Of Parking

Long-Shuttered Gas Station Site Plan: Condos And Lots Of Parking

Pacific Coast Homes, a subsidiary of Chevron Land & Development, has secured an option to purchase the long-shuttered Chevron station at the corner of Bay and Buchanan from Chevron U.S.A. and has drafted plans for a four-story building to rise on the 1598 Bay Street site. As proposed, the... Read More »

More Inner Mission Infill: The 1863 Mission Street Project

More Inner Mission Infill: The 1863 Mission Street Project

A sister project to the proposed development on the southeast corner of Mission and 14th Streets, the plans for a 37-unit building to rise on the undeveloped through lot at 1863 Mission, adjacent to the recent “M@1875″ project, have been granted an exemption from additional Environmental Review and are... Read More »

Inventory Of Homes For Sale In San Francisco Ticking Up

With new listings in San Francisco having outpaced sales over the past six weeks, the overall inventory of homes for sale in San Francisco is currently running 8 percent higher versus the same time last year, with the number of single-family homes on the market 22 percent higher, 2... Read More »

Unexpected Architecture And Now Listed For $2.5M Less

Unexpected Architecture And Now Listed For $2.5M Less

Described as “farm contemporary architecture” by the agent, but with modernist and organic elements throughout, the 8,660-square-foot home at 6 Quail Meadow Drive in Woodside has just been listed for $17.5 million. Built in 1989, the five-bedroom home sits on three and a third landscaped acres, with a pool,... Read More »

Big Vote For Beer Store Adjacent Micro-Units This Week

Big Vote For Beer Store Adjacent Micro-Units This Week

The proposed David Baker + Partners designed “micro-unit” building to rise up to six stories at 1178 Folsom Street, adjacent to the City Beer Store building at 1168 Folsom, is slated to be approved by San Francisco’s Planning Commission this week. As designed, the Western SoMa development would rise... Read More »

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

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

Having slipped a nominal 0.2 percent in January, the seasonally adjusted pace of new single-family home sales in the U.S. jumped 7.8 percent in February to an annual rate of 539,000. New home sales in the U.S. are now running at a pace which is nearly 25 percent higher... Read More »