Art Gallery Shuttered, Parcel on the Market as a Development Site

Art Gallery Shuttered, Parcel on the Market as a Development Site

The recently shuttered John Pence Gallery at 750 Post Street, three blocks from Union Square in Lower Nob Hill, is now on the market with a $7.9 million price tag and being positioned as a development site. The two-story building, which was built as a garage back in 1914,... Read More »

Potential Fix to Right the Sinking 58-Story Millennium Tower Identified

Potential Fix to Right the Sinking 58-Story Millennium Tower Identified

A potential solution to right the sinking Millennium Tower, which has now settled a total of 17 inches with lean of nearly 14 inches as measured from its roof, has been identified. According to the Chronicle, the conceptual plan includes “drilling 50 to 100 new piles down to bedrock... Read More »

Pricing Index for New Condos in San Francisco Hits a 3-Year Low

Pricing Index for New Condos in San Francisco Hits a 3-Year Low

While sales activity for new condos in San Francisco dropped 27 percent from May to June with the start of a typical summer slowdown in play, the number of purchase contracts signed last month (53) was 66 percent higher on a year-over-year basis, according to sales data from The... Read More »

Controls to Limit Legal Grow Houses in S.F. to Be Extended

Controls to Limit Legal Grow Houses in S.F. to Be Extended

As we first reported last year: Fearing a proliferation of indoor grow houses following the passage of California’s Adult Use Marijuana Act (a.k.a. Proposition 64) last week, Mayor Ed Lee has…introduced proposed legislation which would require conditional use authorization for new “indoor agriculture uses” in buildings zoned for Production,... Read More »

Hayes Valley Development Slated for Approval with Refined Design

Hayes Valley Development Slated for Approval with Refined Design

A neighbor’s challenge of the proposed five-story building to rise on the slender Hayes Valley parcel known as Central Freeway Parcel T (a.k.a. 188 Octavia Boulevard, between Page and Rose) is slated to be heard by San Francisco’s Planning Commission on Thursday afternoon. In addition to 27 residential units... Read More »

Developer Spikes Plans for Massive Inner Sunset Project

Developer Spikes Plans for Massive Inner Sunset Project

While the development team had been planning to break ground on the massive 445-unit Kirkham Heights project next year and the Environmental Review for what would have been the largest development in the history of the Inner Sunset was underway, Westlake Urban has formally withdrawn its application to move... Read More »

Landmark Presidio Heights Home Priced at $16 Million

Landmark Presidio Heights Home Priced at $16 Million

Designed by Bernard Maybeck and built in 1909, the Landmark “Roos House” at 3500 Jackson Street, in San Francisco’s Presidio Heights, is about to hit the market with a $16 million price tag. Commissioned by Morris Meyerfeld as a gift to his daughter and new son-in-law, Leon Roos of... Read More »

Benchmark Mortgage Rate Back over 4 Percent

Benchmark Mortgage Rate Back over 4 Percent

The average rate for a benchmark 30-year mortgage ticked up another 7 basis points over the past week to 4.03 percent and is currently running 61 basis points above the 3.42 percent average rate in place at the same time last year and 12 basis points above the average... Read More »

Big Plans for a Dogpatch Warehouse and Penthouse Perch

Big Plans for a Dogpatch Warehouse and Penthouse Perch

Purchased along with the adjacent two-story Dogptach Victorian at 694 Tennessee Street for $3.25 million two years ago, plans to convert the 1,875-square-foot warehouse/garage at 690 Tennessee Street into a five-floor, 6,111-square-foot residential building are in the works. As designed by Natoma Architects, the proposed development features a “capsule-shaped... Read More »

Proposed North Beach Hotel Closer to Reality

Proposed North Beach Hotel Closer to Reality

As we first reported last month, plans to raze the former Tower Records Annex turned bike rental shop at 1196 Columbus Avenue and develop a 75-room Moxy Hotel upon the site were back in play. This morning, San Francisco’s Environmental Review Officer signed the Mitigated Negative Declaration for the... Read More »