Plans For Another Twelve-Story Mid-Market/Tenderloin Tower

Plans For Another Twelve-Story Mid-Market/Tenderloin Tower

Shorenstein Properties has filed preliminary plans to build a 12-story residential building designed by Bernardo Fort-Brescia of Arquitectonica on a parcel which fronts Market Street between Jones and Taylor but is primarily the parking lot on the southeast corner of Jones and Golden Gate Ave. The proposed 1066 Market... Read More »

33 Brand New Mid-Market Apartments For Around A Grand A Month

33 Brand New Mid-Market Apartments For Around A Grand A Month

While the going price for a new studio apartment in San Francisco is averaging over $2,400 a month and Mid-Market one-bedrooms are running closer to $3,500 for 700 square feet of space, eleven (11) of the new one-bedrooms in the 273 unit building nearing completion at 55 Ninth Street... Read More »

San Francisco Home Price Index Slips, Condos Values Hold

San Francisco Home Price Index Slips, Condos Values Hold

Having been slowing for five months following the record setting gains recorded in April and May, single-family home values in San Francisco ticked down in October according to the S&P/Case-Shiller Home Price Index, the first decline since February of 2012. At the same time, San Francisco condo values were... Read More »

Demo Approved But Permit To Build 40-Story Tower Suspended

Demo Approved But Permit To Build 40-Story Tower Suspended

As we reported in September, “with the one-year extension to start work on the 40-story residential building approved to rise at 340 Fremont Street set to expire in two months, the building permit for the 348-unit development has yet to be approved but it is making its way through... Read More »

A Big End Of Year Sale In Premiere Pacific Heights

A Big End Of Year Sale In Premiere Pacific Heights

Listed for $11,250,000 this past March and reduced to $10,250,000 in September, the sale of the Pacific Heights home at 2666 Broadway “with Distinctive Artisan Finishes” closed escrow today with a reported contract price of $8,650,000 or roughly $1,750 a square foot. Originally designed by William Wurster and purchased... Read More »

While Still Cheap, Higher Mortgage Rates Are Slowing Home Sales

The National Association of Realtors Pending Home Sales Index inched up a nominal 0.2 percent in November, the second lowest level for the seasonally adjusted index in 2013 and down 1.6 percent on a year-over-year basis, the third year-over-year decline in as many months. As we wrote in August:... Read More »

Plans For 12-Story Building Could Transform A Tenderloin Block

Plans For 12-Story Building Could Transform A Tenderloin Block

Having been banned from the church for being disruptive, a protester has been stationed outside the Fifth Church of Christ, Scientist’s building at 450 O’Farrell Street on a near daily basis for over a year, accusing the Church of having turned a blind eye to the boarded-up property it... Read More »

Remodeling Permit Suspended, Emergency Stabilization Approved

Remodeling Permit Suspended, Emergency Stabilization Approved

Two days after our piece about the “remodeling” in progress at 2178 Pine Street, the permit for the approved project was suspended and a notice of violation was sent. Three days after the permit for 2178 Pine Street was suspended, 125 Crown Terrace collapsed, another approved “remodeling” which had... Read More »

SoMa Rising: Plans For Up To Fifty New Units On Folsom Street

SoMa Rising: Plans For Up To Fifty New Units On Folsom Street

Plans to largely demolish the auto repair shop at 1465 Folsom Street and construct a five-story vertical addition with between forty (40) and fifty (50) new dwelling units have been submitted to San Francisco’s Planning Department for their preliminary review and reaction. As proposed, the five-story addition would be... Read More »

Rolling Out The Rolls To Move A Mansion By The End Of The Year

Rolling Out The Rolls To Move A Mansion By The End Of The Year

Positioned as “a glamorous and fun incentive” for agents to move the Herbst Manor over the next couple of weeks, a plugged-in tipster reports that a restored 1962 Rolls Royce Silver Cloud II valued at $50,000 will be included as part of the sale if you’re in contract to... Read More »

Another Year On The Market For The Madeover Herbst Manor

Another Year On The Market For The Madeover Herbst Manor

A wealthy art collector from Philadelphia purchased the Pacific Heights lot at 2800 Pacific Avenue for $10 in 1899 and commissioned Ernest Coxhead to build a Georgian mansion upon the site for $12,854. In 1967, the 8,120-square-foot home was purchased by the late Adrian and Lee Herbst Gruhn and... Read More »

The Economics Of Urban Trees

The Economics Of Urban Trees

As part of the due diligence for San Francisco’s Urban Forest Plan, an inventory and accounting for 24,858 publicly managed “street trees” was conducted. And while the math is a little fuzzy, especially when it comes to the socioeconomic benefits, each tree was estimated to contribute just under $160... Read More »

San Francisco Officially Bids For Another America’s Cup

In a letter to sent to Oracle Team USA’s CEO yesterday, Mayor Ed Lee has officially expressed San Francisco’s interest in hosting the 35th America’s Cup in 2017, but with a few changes. As proposed, the America’s Cup Park and Pavilion would return to Pier 27-29 and the teams... Read More »

Presentation Of Proposals For Presidio Redevelopment Set

Presentation Of Proposals For Presidio Redevelopment Set

With the National Park Service having expressed their serious concerns about George Lucas’ proposed Cultural Arts Museum and strongly recommending that the Presidio Trust defer any decisions with respect to redeveloping the Presidio’s former Commissary and current Sports Basement site for several years, the Presidio Trust Board of Directors... Read More »

Having Peaked In 2012, Foreclosures Plummeted In 2013

As we first reported last December, with over 500 homes being taken back by the bank or sold to a third party on the courthouse steps, 2012 was the peak for homes being foreclosed upon in San Francisco and we expected foreclosure activity to dry up in 2013. Having... Read More »