Elbo Room At Risk Of Being Razed For Mission Housing Development

Elbo Room At Risk Of Being Razed For Mission Housing Development

The owners of the two-story Mission district building at the corner of Valencia and Sycamore which is currently occupied by the Elbo Room have quietly drafted plans to raze the bar and construct a new five-story building in its place. Early plans for the development include nine (9) residential... Read More »

East Bay Asking Rents Slip Overall, But Studios Set A New Record

The average asking rent for an apartment in the East Bay ticked down a few dollars from $1,686 to $1,674 a month in the fourth quarter of 2013 but remains 8 percent higher on a year-over-year basis, according to Cassidy Turley. The average asking rent for a studio in... Read More »

Redesigned Apple Store Renderings Redux

Redesigned Apple Store Renderings Redux

Another set of renderings of the redesigned Post Street façade for Apple’s proposed flagship store on Union Square which now features two full-height sliding glass doors, each measuring 23 feet wide and 44.5 feet tall, allowing the store to be opened to the street: Read More »

Bay Area Million Dollar Homes Sales Jump, East Bay Jumps The Most

The number of California homes that sold for a million dollars or more rose to 39,175 last year, the highest level since 2007 when the number totaled 42,505, but 28 percent fewer than the all-time high of 54,773 in 2005. A quarter of the sales were all-cash transactions. In... Read More »

The Odds Are Against The Warriors Moving To SF In 2017

The Odds Are Against The Warriors Moving To SF In 2017

The projected cost to rebuild San Francisco’s Pier 30-32 in order to support the development of the Warriors’ proposed waterfront arena is up to $180 million, $10 million more than the $170 million estimated last summer. While the extra $10 million is a relative drop in the bucket with... Read More »

The Recommendations For Accelerating Housing Production In SF

Responding to an executive directive from Mayor Lee last month, a working group co-chaired by the directors of San Francisco’s Planning Department and Department of Building Inspection has drafted a list of recommendations to accelerate the production of new housing in San Francisco and protect the city’s existing housing... Read More »

Façade For Apple’s Flagship Store Redesigned, Opens To The Street

Façade For Apple’s Flagship Store Redesigned, Opens To The Street

The Post Street façade for Apple’s proposed flagship store on Union Square has been redesigned by Foster + Partners to feature two full-height sliding glass doors, each measuring 23 feet wide and 44.5 feet tall, allowing the store to be opened to the street. When closed, the columns of... Read More »

Nob Hill Neighbors’ Appeal Denied, Development Clear To Commence

Nob Hill Neighbors’ Appeal Denied, Development Clear To Commence

A plugged-in tipster reports that the Nob Hill Neighbors’ appeal to block the development of 1601 Larkin Street was denied by a vote of 4-0 last night, clearing the way for the demolition the dilapidated First St. John’s United Methodist Church at the corner of Larkin and Clay and... Read More »

Mortgage Rates Dip On Weakness While The Fed Cuts On Strength

The average rate for a conforming 30-year mortgage ticked down from 4.39 to 4.32 percent over the past week, 26 basis points below the 4.58 percent two-year high rate recorded this past August but 1.01 percentage points higher than the all-time low of 3.31 percent in November 2012. The... Read More »

A Doubling Indeed

A Doubling Indeed

As we wrote about the Potrero Hill home at 1422 Rhode Island earlier this month: Purchased as a “classic” two-bedroom, one-bath home of 1,095 square feet with “separate living and dining rooms…and bonus room downstairs” for $820,000 four months ago, 1422 Rhode Island is already back on the... Read More »