April 17, 2009
QuickLinks: South Mission Bay Living By The BT Headlines
∙ Recession slows arrival of shopping, eating venues [Business Times]
∙ Creating nightlife a challenge for businesses, neighborhood [Business Times]
First Published: April 17, 2009 12:15 PM
Comments from "Plugged In" Readers
I live in "The Towers" - 88 King St. List price of 2 bed/2 baths have dropped from $800k+ to $650k in the course of the last 6 months. But they are still not selling...
Posted by: Jay at April 17, 2009 1:49 PM
Jay - that one sold. It was only one unit listed at 650k. The seller already bought a different unit for a substantial discount elsewhere and just needed to unload the one at 88 King.
I believe, don't quote me on this, but it received multiple offers and is in escrow.
The rest of 88 King looks pretty healthy (not like I have a stake in this)
Posted by: Rincon Hill Billy at April 17, 2009 1:56 PM
Still on MLS with open house on Sunday - are you sure it sold? Will find out Sunday.
http://www.redfin.com/CA/San-Francisco/88-King-St-94107/unit-519/home/1977984
Jay
Posted by: Jay at April 17, 2009 2:43 PM
"The rest of 88 King looks pretty healthy (not like I have a stake in this)"
Doesn't look very healthy to me. 6 units on sales...every single one with reductions...every single below their previous sales prices going back to 2003 and as far back as 12/2000.
Posted by: chuckie at April 17, 2009 10:15 PM
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