Picking Up The Slack For Six Million Dollars On Sacramento

Picking Up The Slack For Six Million Dollars On Sacramento

Built on bedrock in 1891, the Slack Mansion at 2224 Sacramento Street survived the great quake of 1906. Commissioned by Judge Charles Slack, and having once served as a bed and breakfast, the eight thousand square foot home (not including a ground floor apartment), was purchased for $4,290,000 in... Read More »

Latest SF Skyscraper Scoop: 181 Fremont Redesigned And Rendered

Latest SF Skyscraper Scoop: 181 Fremont Redesigned And Rendered

Back in 2007, the proposed skyscraper to rise at 181 Fremont street which was designed by HellerManus reached 900 feet and would have yielded around 500,000 square feet of office space below 140 residential condominiums. Having been waylaid by the market, the project is now making its way back through planning, but the proposed steel Read More »

The Economic Value Of Being Labeled Green In California

The Economic Value Of Being Labeled Green In California

From San Francisco’s Assessor-Recorder’s office with respect to their new Green Labels for properties in San Francisco: “While no re-assessments will be triggered by earning an environmental distinction for your home, there is evidence that a Green Label enhances the re-sale value.” The aforementioned evidence was in the form of an academic study, The Value Read More »

Green Labels Migrate From Marketing Materials To Property Records

San Francisco’s Assessor-Recorder’s office has started recording and tracking “Green Labels” for individual properties as part of the official land records maintained by the City and County of San Francisco. The labels which are currently being recorded include the U.S. Green Building Council’s Leadership in Energy and Environmental Design (LEED), Build It Green’s Green Point Read More »

Great Pacific Heights “Appreciation” And Yet A Rather Poor ROI

Great Pacific Heights “Appreciation” And Yet A Rather Poor ROI

As we first wrote about the Pacific Heights home at 2209 Pacific last year: Purchased as a 4,960 square foot four-bedroom home for $5,150,000 in late 2005, and since remodeled to become a 5,900 square foot home with three bedrooms and seven baths, 2209 Pacific Avenue has returned to the market listed for $9,500,000 in Read More »

Trader Joe’s At California And Hyde Has Opened Its Doors

Trader Joe’s At California And Hyde Has Opened Its Doors

While the ribbon cutting ceremony isn’t until next week, the new Trader Joe’s at 1401 California and Hyde has opened its doors. A CVS Pharmacy will join the redevelopment of the former Cala Foods in early 2013. And there’s currently no queue for parking. Yet. ∙ 1401 California: Trader Joe’s And CVS Authorization This Week Read More »

The Next Big Housing Thing To Define The New Mission

The Next Big Housing Thing To Define The New Mission

Plugged-in people have long known about the plans to renovate the New Mission Theater and develop the adjacent lot at 2558 Mission Street, upon which the Giant Value building currently stands. And now, the latest scoop for the modern Kwan Henmi designed eight-story building that’s proposed to rise on the project site, clad in metal, Read More »

A Precedent Setting Decision And Objection For Development(s)

A Precedent Setting Decision And Objection For Development(s)

Fourteen years ago, the owner of the parcel at 70 Crestline Drive, upon which a 14-unit building and 6,300 square feet of undeveloped Vista Francisco land currently sits, proposed to subdivide the lot and build upon the undeveloped parcel. Hitting a wall of neighborhood opposition and facing a Zoning Administrator that intended to deny the Read More »

Calling All Warriors Willing To Bet On The Watermark And An Arena

Calling All Warriors Willing To Bet On The Watermark And An Arena

While a number of penthouses atop the Watermark at 501 Beale Street have gone back to the bank and sold for substantial discounts over the past couple of years, the 2,055 square foot Penthouse #1C on the 22nd floor at 501 Beale has just hit the market listed for $3,200,000 having been purchased as new Read More »

San Francisco Prestige Index Up 2.4% Last Quarter, Up 8.1% YOY

San Francisco Prestige Index Up 2.4% Last Quarter, Up 8.1% YOY

The First Republic Prestige Home Index for “San Francisco” homes valued at more than $1 million, and currently averaging $2.74 million, gained 2.4 percent from the second to third quarter of 2012, up 8.1 percent year-over-year. The index remains down 11.3 percent from a third quarter 2007 peak but is back to first quarter 2005 Read More »

Pace Of New Home Sales Slips In October, Remains Below Average

Pace Of New Home Sales Slips In October, Remains Below Average

The seasonally adjusted annual pace of new single-family home sales in the U.S. slipped to 368,000 in October, down a nominal 0.3 percent from a revised rate of 369,000 in September but remains 17.2 percent above the 314,000 pace recorded in October 2011, the second slowest October on record since 1963. Annual new home sales Read More »

160 Macro-Micro-Units Ready To Rise On Mission Next Year

160 Macro-Micro-Units Ready To Rise On Mission Next Year

Measuring an average of 291 square feet, the 120 studios proposed to rise at 1312 Mission Street might have been considered to be “micro-units” by some a week ago, but they’re now 30 percent larger than the soon to be legal minimum of 220 square feet. And at 646 square feet, the building’s 40 proposed Read More »

San Francisco Home And Condos Values Continue To Climb

San Francisco Home And Condos Values Continue To Climb

According to the September 2012 S&P/Case-Shiller Home Price Index, single-family home prices in the San Francisco MSA rose 0.5% from August to September and are up 7.5% year-over-year but remain down 34.4% from a May 2006 peak. For the broader 10-City composite (CSXR), home values rose 0.2% from August to September and are up 2.1% Read More »

Six Months And A Modern Makeover Later, A Noe Home Returns

Six Months And A Modern Makeover Later, A Noe Home Returns

Purchased as a two-bedroom “Art Deco gem” for $955,000 this past May, the Noe Valley home at 655 27th Street has been redesigned, remodeled and returned to the market as a “Mid Century Modern Envisoned” three-bedroom listed for $1,729,000. Inside, skylights now bathe the main floor and central staircase, a hot-rolled steel fireplace warms the Read More »

The Revised Design(s) And Timing For A Tower At 41 Tehama

The Revised Design(s) And Timing For A Tower At 41 Tehama

As we first reported a few weeks ago, the original plans for a 550-foot tower designed by SOM to rise at 41 Tehama have been shelved and Fritzi Realty is moving forward with new plans for a 342 foot tower designed by Arquitectonica to rise on the site. The proposed tower would be set back Read More »