Articles Filed Under: Bay Buildings

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Cause of Transit Center’s Cracks and Proposed Fix Revealed

Cause of Transit Center’s Cracks and Proposed Fix Revealed

The forensic engineering team (LPI) engaged to identify the root cause of the two fissures/fractures which caused the emergency closure of San Francisco’s new Salesforce Transit Center, a month after it opened, has reached a preliminary conclusion and a possible fix has been drafted. According to the team, the... Read More »

Puttin’ on the Ritz for $325K Less

Puttin’ on the Ritz for $325K Less

Purchased as new for $2.2 million in early 2008, right as the Great Recession was picking up steam, the two-bedroom, two-bath Ritz-Carlton Residences unit #2101 at 690 Market Street quietly resold at the end of 2014 with a $2.125 million contract price. Boasting “expansive windows to capture stunning city... Read More »

Up and Down in the Inner Mission Take Two

Up and Down in the Inner Mission Take Two

Purchased for $950,000 in June of 2015, the modern two-bedroom unit #411 at 1875 Mission Street (aka “M@1875”) returned to the market listed for $1,050,000 this past August, a sale at which would have represented total appreciation of 10.5 percent for the “luxurious, stylish and modern top floor [Mission... Read More »

Peter Thiel’s Former Mansion Quietly Sold for $7.4 Million

Peter Thiel’s Former Mansion Quietly Sold for $7.4 Million

While we missed it at the time, as correctly noted by a plugged-in reader last week, the Marina District mansion that PayPal co-founder turned iconic Silicon Valley venture capitalist and hedge manager, Peter Thiel, purchased for $6.5 million in 2010 and then spent a pretty penny to reconfigure and redecorate,... Read More »

New Timing for Salesforce Transit Center Testing, Findings and Fix

New Timing for Salesforce Transit Center Testing, Findings and Fix

The draft findings as to what caused the cracked beams which suddenly closed San Francisco’s brand new transit center are slated to be delivered to the Bay Area’s Metropolitan Transportation Commission (MTC) by December 17 along with a draft repair strategy and proposed fix. But with a peer review... Read More »

‘Ultra-Premium’ Condo in the Mission Resells at a $300K Loss

‘Ultra-Premium’ Condo in the Mission Resells at a $300K Loss

Purchased for $1.625 million in mid-2015, the two-bedroom Mission District condo #205 in the “V20” building at 3590 20th Street, at the corner of Valencia, was on the market for $1.549 million last year but failed to find a buyer despite the $76K (4.7 percent) discount. Having returned to... Read More »

Proposed Chestnut Street Infill Project Closer to Reality

Proposed Chestnut Street Infill Project Closer to Reality

As we first reported earlier this year, plans to level the long-standing Wells Fargo branch building at 2055 Chestnut Street and redevelop its Marina District parcel, which stretches from Chestnut to Lombard, are in the works and newly rendered below. And while the height of the proposed 40-foot-tall building... Read More »

North Waterfront Condo Fetches its 2014 Price

North Waterfront Condo Fetches its 2014 Price

Built as a two-bedroom but since converted into a 1,509-square-foot one-bedroom with a den/nursery/master suite and Bay Bridge views at the base of Telegraph Hill, unit #314E in the classic building at 101 Lombard Street was purchased for $1,398,000 in May of 2014. The corner unit returned to the... Read More »

New Tower Flagged a Four Seasons

New Tower Flagged a Four Seasons

The 45-story tower rising at 706 Mission Street will be flagged a Four Seasons development and its 146 Private Residences (condos) will be managed by Four Seasons staff, positioned to “complement the neighboring Four Seasons Hotel and Private Residences San Francisco,” although existing Residents, who fought to block the... Read More »

Coveted Two-Bedroom Nearly Fetches its 2016 Price

Coveted Two-Bedroom Nearly Fetches its 2016 Price

Measuring a 1,403 square feet and dubbed “one of the most coveted view homes at LUMINA,” the two-bedroom unit #16C in the tower at 201 Folsom Street was purchased for $2,178,808 in August of 2016. Featuring “floor-to-ceiling glass windows framing a panoramic view of the city skyline across the... Read More »