Disguised Buyers Who Incite Friends of Parnassus Heights Revealed

Disguised Buyers Who Incite Friends of Parnassus Heights Revealed

As a plugged-in reader wrote about 226 Edgewood after touring the property back in 2010: Original portion by Louis Christian Mullgardt, 1911…and addition by Eden and Eden, 1970s, according to listing agent. Original portion a fine Arts and Crafts house, and addition strongly influenced by Frank Lloyd Wright’s Taliesin... Read More »

Case-Shiller San Francisco: First Year-Over-Year Gain In 18 Months

Case-Shiller San Francisco: First Year-Over-Year Gain In 18 Months

According to the May 2012 S&P/Case-Shiller Home Price Index, single-family home prices in the San Francisco MSA rose 3.9% from April to May 2012, down 38.1% from a May 2006 peak but up 0.6% year-over-year, the first year-over-year gain in eighteen (18) months. For the broader 10-City composite (CSXR),... Read More »

The State Of San Francisco’s Downtown: Property, People And Parking

The State Of San Francisco’s Downtown: Property, People And Parking

A few highlights from the Planning Department’s latest Monitoring Report for San Francisco’s Downtown which will be presented to the Planning Commission this week: Downtown vacancy rates in San Francisco declined in 2011 and are now at 11% for office and 6.7% for retail as average downtown office rents... Read More »

Raising The Threshold For Requiring Below Market Rate (BMR) Units

On the agenda for San Francisco’s Land Use and Economic Development Committee this afternoon, a proposed Planning Code amendment changing the threshold for new developments that must adhere to San Francisco’s Inclusionary Affordable Housing Program (i.e. provide BMR’s) from any project of five (5) or more units back to... Read More »

376 Castro Rendered, Re-Cladded And Ready For Commission Vote

376 Castro Rendered, Re-Cladded And Ready For Commission Vote

While not reflected in the rendering above, we believe the latest design for the proposed 65-foot building to rise at the corner of Castro and Market now calls for the building to be clad in a “more modernist” lattice of terra cotta tiles (click the image below to enlarge): Read More »

Not Dueling But Dual Stoves (And Pot Fillers To Boot)

Not Dueling But Dual Stoves (And Pot Fillers To Boot)

Forget the duel between gas and electric ranges, the dual stoves at 1703 Octavia are back. And yes, there are dual pot fillers, sinks and dishwashers as well. Purchased for $1,870,000 in 2007 but then remodeled and expanded by enclosing an existing porch, the Lower Pacific Heights property is... Read More »

Designs For A Market Rate Tenderloin High-Rise At Mason And Turk

Designs For A Market Rate Tenderloin High-Rise At Mason And Turk

Speaking of market rate development in the Tenderloin, and the demise of surface area parking lots, a plugged-in tipster reports that Heller Manus has been working on plans for a twelve-story high-rise with 110 residential units over ground floor retail and a 23-space garage to be built on the... Read More »

Fill ‘Er Up In Portola Along San Bruno Avenue

Fill ‘Er Up In Portola Along San Bruno Avenue

The site of a former gas station that was demolished in 2009 and has sat vacant, unpaved and fenced in by a chain-link fence since, the 11,250 square foot lot on the northeast corner of San Bruno Avenue and Woolsey Street in Portola will be subdivided into five lots... Read More »

399 Fremont Scoop: Redesigned And Pursuing Construction Permits

399 Fremont Scoop: Redesigned And Pursuing Construction Permits

The proposed 400-foot tower to rise at 399 Fremont has been redesigned, and while the project sponsors are now seeking another extension to start building, according to a plugged-in source, financing has been arranged, they are in the process of pursuing construction permits, and they expect to break ground... Read More »

Will Zynga Be A One House Wonder?

As we wrote three weeks ago when we broke the news of Pincus’ Pacific Heights purchase: While Zynga is currently trading at $5.57 per share, 44 percent under its IPO price of $10 per share, a few insiders including CEO Mark Pincus managed to dump over $500 million worth... Read More »

Full Disclosure Or Poisoning The Well?

Full Disclosure Or Poisoning The Well?

The two-unit building at 446-448 Missouri Street is on the market in Potrero and asking $1,199,000 for the whole shebang. According to the listing, however, while “both units enjoy classic details,” it’s only the upper unit that “enjoy panoramic City views!” Unfortunately, while the lower two-bedroom unit is vacant,... Read More »

U.S. New Home Sales: Up 15.1% YOY In June But Drop From May

The seasonally adjusted annual pace of new single-family home sales in the U.S. fell to 350,000 in June, down 8.4 percent from a revised rate of 382,000 in May but 15.1 percent above the 304,000 pace recorded in June 2011. Preliminary U.S. new home sales (versus pace) in June... Read More »

An “Ultra Modern” Mission Noe Apple On Ames

An “Ultra Modern” Mission Noe Apple On Ames

Having hit the market in early 2010 as new construction listed for $1,495,000, the list price for 155 Ames was reduced to $1,395,000 that June and it sold for $1,360,000 that July. With three-bedrooms and two and one-half baths across four levels and 2,190 “ultra modern” square feet, the... Read More »

Designs For The $8 Million “Teardown” On Billionaires Row

Designs For The $8 Million “Teardown” On Billionaires Row

It was back in 2009 that we first told you the tale of eight twentysomethings moving to an $8 million rental up on San Francisco’s Billionaires Row. As we wrote about 2712 Broadway which traded for $7,800,000 that April then landed on Craigslist asking $14,000 a month: Read More »

Approved Fox Plaza Expansion Seeks Extension To Break Ground

Approved Fox Plaza Expansion Seeks Extension To Break Ground

Approved for development in 2009 with a three-year window in which to start building, the developers of the 120-foot-tall, 11-story building with up to 250 residential units over ground floor retail to rise adjacent to Fox Plaza are seeking a two-year extension to break ground “pending future improvements in... Read More »