Two-Year Payout For Evicted Tenants Ruled Unconstitutional

San Francisco’s recently adopted law which requires landlords in San Francisco who invoke the Ellis Act to pay their evicted tenants an upfront sum equal to the difference between their current rent and a similar market-rate unit over the course of two years has been ruled unconstitutional and struck down... Read More »

Tech Couple Working On First Eight-Figure Noe Valley Estate

Tech Couple Working On First Eight-Figure Noe Valley Estate

When the young tech couple “who like to entertain” purchased the 6,000-square-foot home at 625 Duncan Street for $7 million earlier this year, it became the most expensive home to have ever traded hands in Noe Valley.  And that was just their starting point. Hidden behind an LLC, the couple has also quietly acquired the adjacent Read More »

Looking For A Brick And Timber SoMa Warehouse To Call Home?

Looking For A Brick And Timber SoMa Warehouse To Call Home?

While currently only permitted for office use, the 2,760-square-foot brick and timber SoMa warehouse at 32 Heron Street has been seismically retrofitted and outfitted with two bedrooms, a designer kitchen, hardwood floors and a two-car garage behind the roll-up door which is just down the street from the LEVYdance studio. On the market for $1,495,000 Read More »

Pace Of Existing-Home Sales Hits 2014 High

Following a slight decline in August, the seasonally adjusted pace of existing-home sales across the U.S. ticked up 2.4 percent in September to its highest pace of the year but remains 1.7 percent lower one a year-over-year basis while the inventory of unsold homes on the market is running 6 percent higher versus the same Read More »

Is $5 Million The New $3 Million Near Mission Dolores Park?

Is $5 Million The New $3 Million Near Mission Dolores Park?

Following a down to the studs renovation, expansion and opening up, the five-bedroom home at 41 Cumberland Street sold for $3.15 million in February of 2010 having been listed for $3.395 million at the time. While there have been a couple of changes to the interior design of the home since 2010, such as those Read More »

Platinum Rated Home Fails To Attract The Green

Platinum Rated Home Fails To Attract The Green

Purchased as a “fixer” for $3,100,000 in 2010, the Cow Hollow home at 2680 Green Street was gutted and renovated as a masterwork in sustainability and design and then hit the market listed for $13,000,000 this past June. And after 132 days on the market without a reported sale or reduction, the listing for the LEED Platinum Read More »

Prop G Fears Appear To Be In Effect In San Francisco

Since the proposed “anti-speculation tax” on multi-unit buildings in San Francisco qualified for the November ballot in June, the number of buildings with more than one unit listed for sale on the MLS has increased by 68 percent to 151.  While that’s not an overwhelming number of listings in the absolute, it is the most Read More »

New Heights In Fireplace Creep

New Heights In Fireplace Creep

We’ve seen plenty of examples of creep with respect to the number of new fireplaces and even fire pits, but we’re now starting to see it in terms of placement. And as the fireplaces get higher, outlets for hanging televisions are creeping up the wall as well. In addition to the two above, the classic treatment of Read More »

A Tipping Point For Oakland’s Office Market?

Between 70 and 80 percent of the recent demand for office space across the Bay Area has been driven by tech companies, according to Cassidy Turley. In San Francisco, the demand for office space is at an all-time high and office rents have increased 15 percent over the past year and nearly doubled since the Read More »

A Contemporary Home Within An Iconic Beaux-Arts Building

A Contemporary Home Within An Iconic Beaux-Arts Building

One of two multi-level condos which replaced the perennially plagued restaurant space at the base of the iconic Beaux-Arts Building at 1001 California Street, the building from which Vincent Friia once ruled over real estate in San Francisco, “Townhouse No. 2″ has been on the market, but unlisted, seeking $4,750,000. Last week, the 4,318 square Read More »

Grand Plans For Geneva Car Barn And Powerhouse Rebirth

Grand Plans For Geneva Car Barn And Powerhouse Rebirth

Designed by the Reid Brothers and built in 1901 at the corner of San Jose and Geneva Avenues for the San Mateo Electric Railway Company, the landmark Geneva Car Barn and Powerhouse complex has sat abandoned since 1989 when damaged in the Loma Prieta Earthquake, twenty-five years ago today. Slated to be demolished by the Read More »

Largest Development In The History Of SF’s Inner Sunset Proposed

Largest Development In The History Of SF’s Inner Sunset Proposed

The owners of the 86-unit Kirkham Heights apartment complex at Fifth Avenue and Kirkham have filed a proposal to demolish the existing complex and redevelop the 6-acre site at the base of Mount Sutro with up to 460 new units in a series of buildings rising up to 40-feet in height. The development would be Read More »

Defaults Are Down In Every Bay Area County, Except One

Notices of default and formal foreclosure proceedings for homeowners across the nine-county Bay Area have dropped to their lowest level in over eight years.  But there’s one Bay Area country in which default activity has been ticking up over the past year. Having dropped by an average of 19.5 percent across the Bay Area, and Read More »

Employment In San Francisco Hits Another All-Time High

Employment In San Francisco Hits Another All-Time High

Employment in San Francisco has reached another all-time high as the number of residents with a paycheck increased by 1,300 last month and now totals 477,600 with an unemployment rate of 4.4 percent, the second lowest rate since 2008, according to California’s Employment Development Department. That’s 17,600 more people employed in San Francisco than at the Read More »

Law To Regulate Tenant Buyouts In SF: Seven Key Things To Know

With tenants in rent controlled apartments reporting offers of up to $80,000 to vacate, and unreported offers of even more, a proposed law which would require the public disclosure and tracking of all tenant buyout agreements in San Francisco, and prohibit buildings which are emptied by way of a buyout from being condo converted, could be Read More »