October 11, 2007

The Latest Reminder That Your Neighbor Got A Deal: That Damn Vespa

Vespa

While the free cars of 767 Bryant didn't seem to get results (or even much reader respect), the sales team at 733 Front street is rolling out the Vespas. From a plugged-in tipster:

"There is no better way to enjoy Jackson Square than on the back of a Vespa. Zipping to the Ferry Building for the Farmer's Market or meeting a friend at a nearby café is now even easier. 733 Front is offering a complimentary Vespa scooter and a parking space with its remaining collection of luxury junior- and one-bedroom residences.*"

And sorry, according to the asterisk: “Parking spot is for Vespas only in the building garage...on select residences and cannot be combined with any other offers or promotions.” And no, we don't know what happens to your space when it comes time to sell (either the condo or the Vespa).

New Incentives (And Effective Reductions) At 733 Front Street [SocketSite]
Buy A Condo Get A Car At 767 Bryant [SocketSite]

First Published: October 11, 2007 1:42 PM

Comments from "Plugged In" Readers

Do I have to park a Vespa? Can it be a Honda? Is the space deeded? That would be interesting. Anyone know?

Posted by: Beet Streaks at October 11, 2007 2:02 PM

that is hilarious! i'll wait till they throw in the 'furniture' from soylent green.

;)

Posted by: james at October 11, 2007 2:10 PM

ROFL!

"soylent green is people!"

That said, the Vespa is clearly Soylent Red

I have to admit though, a Vespa is one of the best transportation modalities in all of SF.

SF is always trying to kill the car... and the Muni sucks... perhaps we should make it a Vespa city?

Posted by: ex SF-er at October 11, 2007 2:15 PM

Ha, Ha, Ha. I can buy my own Vespa. Don't worry about my Vespa. Just lower the price a few 100Ks and keep your Vespa. Hilarious........

Posted by: anon at October 11, 2007 2:53 PM

ya, it is humorous that a Vespa costs $5k (I'm guessing?), and these units are overpriced by at least $100k. I wonder how many people would actually be inticed by this? My guess is Zero.

Posted by: smarty at October 11, 2007 3:19 PM

Did this remind anyone else of Kozmo.com?

the dotcom:
http://en.wikipedia.org/wiki/Kozmo.com

and the scooter:
http://toxin.org/w/index.php/Kozmo_Scooter

[Editor's Note: What a horrible business (and we miss it terribly).]


Posted by: emmett_brown at October 11, 2007 3:31 PM

If you wait a few weeks, maybe they'll throw in a set of Ginsu knives...

Posted by: pica1986 at October 11, 2007 3:52 PM

What's funnier is how every property featured on socketsite is "overpriced by AT LEAST 100k", and it’s always "100k". All the bears must be using the same database and processing tools to conduct their analysis. Fascinating propinquity...

[Editor’s Note: And with that “tit for tat” we’ll now steer this conversation back to 733 Front in specific. Or incentives in general. Or even those damn scooters. But any comments that even hint at starting another bull versus bear “debate” will be met with a swift and unapologetic demise (i.e., the delete key).]

Posted by: blahhh at October 11, 2007 4:25 PM

At last I have plenty of room for the brief case, grocery store material, and my spouse..

Posted by: Michael L. at October 11, 2007 4:35 PM

I'd be more intrigued if it were a proper Italian motorcycle instead...or maybe even a Maserati. But that's just me.

Posted by: anon at October 11, 2007 4:57 PM

Ah, the haters. what's wrong w/ keeping cars off the road? A bicycle person myself, I'd much rather see them give away Vespas than Hummers.

Posted by: Sandman at October 11, 2007 5:17 PM

Not every vehicle in the garage at 733 Front Street will be a Vespa. There may be a Ferrari or two. The two top floor units sold from $1.9M to $3.45M.

Frederick

Posted by: Frederick at October 11, 2007 10:23 PM

Maybe this is one of those Nostradamus signs.


Impending Economic Doom will be signaled by the Lone Scooter Of The Apocalypse.


I miss Webvan more than Kozmo. I think both companies sold off their gear in dotcom/dotbomb auctions.


This location on Front st looks like a perfect place to walk to everything, neither Ferrari or Vespa needed. Whatever happened to Lambretta?

Posted by: emmett_brown at October 12, 2007 9:50 AM

Meanwhile, regular condo flats in normal neighborhoods continue to fly off the shelves. Look at 932 Kirkham. Maybe there are simply too many new South Beach lofts for the buying demographic? Lots of us want to live in "San Francisco" type places, don't we? I dunno. I could be wrong. Seems like normal (and I don't mean that pejoratively) stuff is doing better.

Posted by: fluj at October 13, 2007 2:29 PM

fluj - these are regular condos not lofts and not in south beach. if you think there are already too many of these types of condos what happens when a few thousand more come on the market next year?

"regular condo flats in normal neighborhoods continue to fly off the shelves"

and these two in the marina?

http://www.socketsite.com/archives/2007/10/a_case_of_premature_reduction_in_the_marina.html
http://www.socketsite.com/archives/2007/09/damn_those_direct_comps_in_the_marina_1307_bay_street.html

both seem very "san francisco" and normal to me.

Posted by: nonanon at October 13, 2007 4:22 PM

HOA was too much for small units. Like the pyramid scheme, the little guys pay more so top units can pay less. If I had to live there I would hate the people on the top, life too short to hate your neighbors. I bought gold stocks 2 yrs ago, by the time these prices correct with my stocks I could pay all cash!
Better to rent a nice place and keep my investment going.

Posted by: RMS at November 18, 2007 7:19 PM

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