Articles Filed Under: Breaking News

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Airbnb Sues San Francisco

Arguing that its listings are protected by the First Amendment and a couple of Federal Communications Acts, regardless of whether or not said listings are for offerings which are illegal, Airbnb has filed suit in District Court seeking an injunction to block the recently adopted amendment to San Francisco’s... Read More »

Price Reductions for Homes in San Francisco Hit a Four-Year High

In a trend we first noticed forming a year ago, the share of active listings for single-family homes and condos in San Francisco for which the original list price has been reduced at least once has ticked up to 20 percent versus 15 percent at the same time last... Read More »

Lucas Abandons Chicago Museum Plan, It’s Headed Back to California

Lucas Abandons Chicago Museum Plan, It’s Headed Back to California

George Lucas and his museum Board have officially abandoned their plans to build the $700 million Lucas Museum of Narrative Art in Chicago and declared that the museum will be built in California, but without a specific city being named. Mayor Ed Lee has been lobbying for Lucas to... Read More »

San Francisco Home Sales and Median Price Drop

San Francisco Home Sales and Median Price Drop

At a time of the year when sales typically increase by 10 percent versus the month before, the recorded sales volume of single-family homes and condos in San Francisco dropped 4.2 percent from April to May and was 7.6 percent lower versus the same time last year. At the... Read More »

Bonus Height Fight Headed to the Ballot Box

Bonus Height Fight Headed to the Ballot Box

With San Francisco’s proposed Affordable Housing Bonus Program, which would allow market-rate developers to build up to two stories higher than currently zoned in exchange for pricing 30 percent of the development at below market rates, appearing to be DOA, and a pared-down program which would only apply to... Read More »

Even Bigger Plans for More Housing and Height in the Mission

Even Bigger Plans for More Housing and Height in the Mission

While currently only zoned for building up to 55-feet in height, the two players picked by the Mayor’s Office of Housing and Community Development to redevelop the Mission District parking lot at 2060 Folsom Street were planning to invoke the City’s proposed density bonus to build up to 101... Read More »

Employment in San Francisco Drops Along with its Labor Force

Employment in San Francisco Drops Along with its Labor Force

While the unemployment rate in San Francisco dropped to 2.9 percent last month, the lowest unemployment rate since the dot-com boom when it hit 2.4 percent, the drop from 3.1 percent in April was driven by a reduction in the labor force (-2,700) and employment in the city actually... Read More »

Over 100,000 More Employed in Alameda County Since 2010

Over 100,000 More Employed in Alameda County Since 2010

For the first time since early 2001, the unemployment rate in the East Bay has dropped below 4 percent, dropping from 4.1 percent in April to 3.9 percent in May as the number of employed residents ticked up by 2,400 to 1,372,600. Alameda County, which includes Oakland, accounted for... Read More »

Opponents of Warriors Mission Bay Arena Add a Transit Ally

Opponents of Warriors Mission Bay Arena Add a Transit Ally

The lawsuit aimed at derailing the Golden State Warriors’ plans to build a new arena in Mission Bay will go to trial this Friday with the transit activist group, SaveMuni, having officially joined as a plaintiff. Filed by the Mission Bay Alliance in Superior Court last year, the suit... Read More »

Waylaid Mission Bay Park Should Open next Month

Waylaid Mission Bay Park Should Open next Month

Construction complete and originally scheduled to open in May, the fenced-off Mission Bay park at the intersection of Long Bridge and China Basin Streets, which has been taunting neighborhood kids and other residents for months, is now positioned to open in July. Following our report that the Mission Bay... Read More »