San Francisco Mayor Ed Lee Has Died at the Age of 65

San Francisco Mayor Ed Lee Has Died at the Age of 65

San Francisco Mayor Ed Lee died from a heart attack early this morning at the age of 65. As such, Board of Supervisors President London Breed is now the acting mayor and will remain in the role until a special election is held in June 2018 unless the Board... Read More »

Bonus Plans for Building Up Broadway

Bonus Plans for Building Up Broadway

Plans for a mixed-use building to rise up to six stories in height upon on the parking lot parcel at 425 Broadway, which actually wraps around the three-story Crowbar and residential hotel building on the corner of Broadway and Montgomery, have been drafted by Ian Birchall and Associates. Dubbed... Read More »

Waylaid Mission District Development Slated for Approval

Waylaid Mission District Development Slated for Approval

In the works since 2014 but waylaid by the adoption and subsequent extension of ‘Interim Controls’ to limit new market-rate housing, office and retail developments in the Mission, plans to raze the single-story Alpha Bay Builders structure at 3314 Cesar Chavez Street and develop a new six-story building upon... Read More »

Sales and Pricing Index for New Condos in SF Tick Up

Sales and Pricing Index for New Condos in SF Tick Up

With sales offices for two new developments in San Francisco having opened their doors in October, the number of purchase contracts signed for new construction condos in the city ticked up from 55 in October to 61 in November, nearly doubling the number of contracts signed in November 2016... Read More »

An Uber Sale in the Works

An Uber Sale in the Works

Purchased for $7.995 million in early 2015, at which point the home’s total square footage measured around 6,200 square feet, including its lower level and three-car garage, the Pacific Heights home at 3090 Pacific Avenue has undergone a major renovation and remodel over the past two years. And while... Read More »

Contemporary Cow Hollow Development Slated for Approval

Contemporary Cow Hollow Development Slated for Approval

In the works since 2015, plans to level the long-shuttered Chevron service station site at the corner of Van Ness and Union and construct a contemporary seven-story building upon the Cow Hollow site are slated to be approved by San Francisco’s Planning Commission next week. As designed by Handel... Read More »

Best Priced Two-Bedroom in Premier High-Rise Fetches Even Less

Best Priced Two-Bedroom in Premier High-Rise Fetches Even Less

Purchased for $1.495 million in September 2015, the 1,418-square-foot Lumina unit #2A, above Woodlands Market at 318 Main Street, returned to the market this past June listed for $1.649 million, touting: “Best priced 2bed/2bath home in San Francisco’s premier luxury high rise condo!” Relisted anew for $1.588 million in... Read More »

Quiet Million Dollar Cut for a Rocker’s Sea Cliff Home

Quiet Million Dollar Cut for a Rocker’s Sea Cliff Home

Having been reduced from $16 million to $14 million in one fell swoop earlier this year, the listing Kirk Hammett’s 4,200-square-foot home at 308 Sea Cliff Avenue was officially withdrawn from the MLS a few months ago without a reported sale. And this afternoon, 308 Sea Cliff Avenue was... Read More »

Refined Designs for Affordable Housing to Rise at Candlestick Point

Refined Designs for Affordable Housing to Rise at Candlestick Point

With the first two blocks of the new Candlestick Point neighborhood slated to start rising next fall, the design for one of the first 100 percent below market rate (BMR) buildings to follow has been refined by Herman Coliver Locus Architects for the Tenderloin Neighborhood Development Corporation (TNDC) and... Read More »

Benchmark Mortgage Rate Holding Under 4 Percent

Benchmark Mortgage Rate Holding Under 4 Percent

The average rate for a benchmark 30-year mortgage has held relatively firm over the past three weeks, slipping a single (1) basis points in the aggregate to 3.94 percent, which is 19 basis points below the 4.13 percent rate in place at the same time last year but 53... Read More »