Another Major Mission District Development at Risk

Another Major Mission District Development at Risk

While the proposed 117-unit apartment building to rise up to 40-feet in height at 2675 Folsom Street, behind Parque Ninos Unidos at 23rd and Treat in the Mission, was approved by San Francisco’s Planning Commission in September, the approval has been appealed. In addition, the project’s exemption from having... Read More »

Liquor before Condos, the Intent Is Clear

Liquor before Condos, the Intent Is Clear

The State Market Liquor store at 707 Willow Street in the Lower Bottoms neighborhood of West Oakland is hitting the market with a $2.25 million asking price. And while the sale doesn’t include the inventory inside, it does include the building, which is technically 1716 7th Street, along with... Read More »

Plans to Raze a Few Restaurants and Clubs for Housing to Rise

Plans to Raze a Few Restaurants and Clubs for Housing to Rise

Plans to raze four buildings on the northwest corner of Folsom and Russ, including the current homes of Deli Board, Fondue Cowboy and Alchemy/Catalyst at 1060 Folsom, have been granted priority processing and are working their way through Planning. And as proposed, a new six-story building designed by Goldman... Read More »

Mayor Vetoes Strict New Limits on Airbnb-ing in San Francisco

San Francisco Mayor Ed Lee has vetoed the short-term rental law approved by the Board of Supervisors in November. The legislation would have limited the number of days any room, apartment or house that hadn’t already been registered with the City could have been rented on a short-term basis... Read More »

How Not to Hide a Hacker Hostel in SF

How Not to Hide a Hacker Hostel in SF

Speaking of illegal group housing setups in San Francisco, if you’re arguing that your property isn’t actually being used as an un-permitted “hacker hostel,” the second complaint for which was filed last month, you might not want to prominently feature the property on your HacknSleep website (cheesy muzak alert),... Read More »

New Van Ness Corridor Project Proposed

New Van Ness Corridor Project Proposed

Plans to completely level two of the three buildings on the Van Ness Corridor Parcel between Golden Gate Avenue and Redwood Alley, including the US Bank and H&R Block structures, have been drawn and submitted to the City for review. And as proposed, a 110-foot-tall building with 103 condos... Read More »

Mortgage Rates Hit Two-Year High, Probability of a Hike: 97%

Mortgage Rates Hit Two-Year High, Probability of a Hike: 97%

The average rate for a benchmark 30-year mortgage ticked up another 5 basis points over the past week to 4.13 percent, the highest average rate in over two years and 18 basis points higher than the 3.95 percent rate in place at the same time last year. The average... Read More »

SF Warehouse Flagged for Conversion into Illegal Housing

SF Warehouse Flagged for Conversion into Illegal Housing

With the tragic Ghost Ship fire leading to heightened concerns about the underground conversion of industrial buildings into un-permitted dwelling units, a formal complaint has been filed with the city alleging that the 14,000-square-foot warehouse at 1660 Jerrold Avenue, adjacent to Flora Grubb Gardens in San Francisco’s Bayview neighborhood,... Read More »

West SoMa Building on the Market, Touting Hope for a High-Rise

West SoMa Building on the Market, Touting Hope for a High-Rise

Built in 1942, the former Leemah Electronics building at 1301 Folsom Street, on the southeast corner of Ninth, traded hands for $8.5 million in early 2014. And earlier this year, plans to completely renovate and convert the 36,000-square-foot structure into a LEED Platinum, Net-Zero Energy office building, at an... Read More »

San Francisco Rents Down, Oakland Rents Up

San Francisco Rents Down, Oakland Rents Up

According to a query of over 1,700 active listings for apartments in San Francisco and Oakland, including one-off rentals and units in larger developments, while the weighted average asking rent for an apartment in Oakland (around $2,700 a month) is running 3 percent higher versus the same time last... Read More »