San Francisco’s One Thumb Up

San Francisco’s One Thumb Up

BusinessWeek gives San Francisco real estate a “thumbs up” in terms of “Value for the Long Run.” And while we agree, the jury is still out with regard to the near term. From BusinessWeek: Housing has gone from a sure thing to a complete muddle. Median prices fell nationwide... Read More »

We’re Thinking Gehry (No, Not Geary)

We’re Thinking Gehry (No, Not Geary)

As if right on cue, the day after we publish an overview of the Transbay Redevelopment, the Transbay Joint Powers Authority ratifies an international design competition for the Transbay Terminal and an adjacent skyscraper. Not just any skyscraper, but a “1,000-foot high-rise that would include a hotel, as well as residential and commercial units” and Read More »

It’s All Relative

It’s All Relative

There are a number of things we find attractive about 161 Elsie (listed at $1,349,000), but we have to admit that being billed as an “Affordible Noe Alternative” really isn’t one of them. ∙ Listing: 161 Elsie Street (3/2.5) – $1,349,000 Read More »

Booming In Bernal?

Booming In Bernal?

We can’t help but notice a mini-boom of extensively renovated (or newly constructed) Bernal Heights homes hitting the market over the past couple of months. The latest example: 115 Wool Street (advertising “all new electrical, plumbing, windows, skylights” along with a “gourmet” kitchen, concrete counters, and an underground wine cellar). And while the description Read More »

New Developments: The Montgomery (74 New Montgomery)

New Developments: The Montgomery (74 New Montgomery)

Work continues on the conversion of 74 New Montgomery (a “historic high-rise office building” built in 1914 and listed on San Francisco’s historical register) into 107 condominium residences (“The Montgomery“). The development is being led by New Urban Properties with architectural design by Huntsman Architectural Group. Sales and occupancy are expected to commence in early Read More »

SocketSite’s San Francisco Inventory Update: 10/30/06

SocketSite’s San Francisco Inventory Update: 10/30/06

Inventory of Active listed single family homes, condos, and TICs declined in San Francisco last week (down 2.9% since 10/16/06). The decrease marks the first such decline since Labor Day, and appears to be the result of both an uptick in new contracts (and withdrawn listings) combined with fewer new replacement listings (~156). At the Read More »

A Big 450 Square Feet

A Big 450 Square Feet

It’s listed at only 450 square feet, but we’re getting the feeling that 1001 Pine Street #608 just might be a textbook example of how a well designed small space can not only feel, but act, much larger. And while we’re only working from pictures at this point, we’re going out on a limb and Read More »

888 Seventh Street: BMR Deadline (11/17/06)

888 Seventh Street: BMR Deadline (11/17/06)

While the sales office for market rate condominiums at 888 Seventh Street is not scheduled to open its doors until spring 2007, applications for the Below Market Rate (BMR) units are due by November 17, 2006. ∙ 888 Seventh Street (f.k.a. 601 King) ∙ 888 Seventh Street: BMR Application Read More »

The Transbay Redevelopment

The Transbay Redevelopment

A tipster forwards a response from the Transbay Joint Powers Authority in response to an inquiry concerning the “disgusting bus ramps” that currently seem to define the Transbay area. The new Transbay Transit Center, when completed, will include one elevated ramp coming in on the west side of the building, for the buses coming and Read More »

New In North Beach: 520 Chestnut

New In North Beach: 520 Chestnut

A new development in North Beach, 520 Chestnut consists of 20 one and two bedroom condominiums that are being advertised as “starting in the $700,000s” (yes, that’s most likely $789,000). And as is the norm, only three of the 20 units are currently listed (#406 – $789,000; #403 – $859,000; and #402 – $1,299,000). And Read More »

631 Folsom: 120 Condos In 2008

631 Folsom: 120 Condos In 2008

Construction is underway on 631 Folsom, a 21-story, 120-unit residential tower with a story of retail at its base. Malcolm Properties is leading the development of the Handel Architects design. The design for 631 Folsom Street incorporates goals established in the Rincon Place, the Transbay Plan, and the General Plan for downtown San Francisco by Read More »

The Odeon (181 O’Farrell): First Impressions And Pricing

The Odeon (181 O’Farrell): First Impressions And Pricing

Odeon, a collection of 29 two-story loft style homes opened their doors to the general public this weekend. We took a tour and were relatively impressed by the finish of the kitchens and living/dining areas, the closet/storage space, and the character of the building and windows/light. At the same time, we were a bit underwhelmed Read More »

Just Quotes: Et Tu David?

David Lereah, the senior vice president and chief economist of the National Association of Realtors, “expects real estate prices to continue to fall in most U.S. markets. In areas that experienced the largest price appreciation in recent years, a correction is needed, he said, this time citing San Francisco as the best example.” (Realtors’ chief Read More »

Will We See Six?

Will We See Six?

65 St. Germain was originally listed for $6,750,000 at the end of last year. On Friday, the price was reduced for the fifth time and it’s now listed for $3,950,000 (41.5% under the original asking). UPDATE: Curbed adds some additional color with a mini run-down of a couple of other houses on the block. ∙ Read More »

Narrow Footprint, Big Impression (110 Chattanooga St #B)

Narrow Footprint, Big Impression (110 Chattanooga St #B)

Designed and built by Zack | de Vito Architecture in 2004 (and with a working title of “2-unit building on narrow lot”), we offer up 110 Chattanooga Street #B as inspiration for anyone eyeing one those 18.25′ wide lots in Hayes Valley (the original budget was $1,300,000 for both units). Or simply an offering to Read More »