Articles Filed Under: Breaking News

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New Condo Sales Drop to a Multi-Year Low in San Francisco

New Condo Sales Drop to a Multi-Year Low in San Francisco

At a time of the year when sales typically start ticking up, fewer than twenty contracts for new condominiums in San Francisco were signed last month, which is 67 percent fewer than the month before, 42 percent lower versus the same time last year, and the fewest in any... Read More »

Streamlined Review for Renzo Piano Tower Approved

Streamlined Review for Renzo Piano Tower Approved

As the proposed 36-story Renzo Piano tower to rise at 555 Howard Street is being designed to meet LEED Platinum standards, its processing has been fast-tracked by Planning as a “green” development. And as the 555 Howard Street site sits within the boundaries of San Francisco’s Transit Center District Plan,... Read More »

Affordable Development Challenged

Affordable Development Challenged

While plans for a nine-story building with 127 units of affordable housing to rise on the northern half of the parking lot parcel at the corner of Folsom and 17th Street, adjacent to the future Folsom and 17th Street park on the southern half of the lot, have been... Read More »

Contentious Bonus Height Program Rebranded

Contentious Bonus Height Program Rebranded

While legislation to streamline the approval process for developers of below-market-rate housing in San Francisco to build up to three stories higher than zoned was adopted last year, the biggest component of San Francisco’s proposed Affordable Housing Bonus Program, which would have allowed market-rate developers to build up to... Read More »

The City’s Affordable Housing Recommendations and Dissent

The City’s Affordable Housing Recommendations and Dissent

Voters in San Francisco passed Proposition C last year, a ballot measure which effectively doubled the percentage of below market rate (BMR or “affordable”) units that developers of larger market rate projects would be required to provide on-site or fund elsewhere in the city. Prior to the vote, San... Read More »

Zeitgeist Likely to Lose Literal NIMBY Challenge

Zeitgeist Likely to Lose Literal NIMBY Challenge

As proposed, a new five-story building with 28 condos over 6,300 square feet of new retail space and a 19-car garage will rise upon the Oil Changer site at 198 Valencia Street. In August, shortly after anti-tech flyers were posted in front of the bar, the owner of Zeitgeist... Read More »

Pipeline of Residential Development in San Francisco Slips

Pipeline of Residential Development in San Francisco Slips

With new proposals having been submitted to the City for roughly the same number of units that finished construction in the fourth quarter of 2016, the overall pipeline of apartments and condos under development in San Francisco has slipped by a hundred: from a record 63,700 in the third... Read More »

Timing for a Transformative Market Street Project and New Park

Timing for a Transformative Market Street Project and New Park

With the preparation of the required Environmental Impact Report (EIR) for the proposed 584-unit development to rise up to ten stories in height across the Market Street parcels upon which the Civic Center Hotel (1601 Market), Local 38 Plumbers and Pipefitters Union Hall (1621 Market), and two-story retail building... Read More »

Supersized North Oakland Development Recommended for Approval

Supersized North Oakland Development Recommended for Approval

The refined designs for a 25-story tower to rise up to 260 feet in height at 532 Turquoise Street, across from the MacArthur BART Station in North Oakland, were presented to Oakland’s Planning Commission last night.  And the Commission has formally recommended that Oakland’s City Council approve the project... Read More »

Bay Area Home Sales Dropped Nearly 10% in December, More in SF

Bay Area Home Sales Dropped Nearly 10% in December, More in SF

The estimated number of Bay Area single-family homes and condos that traded hands this past December (7,136) was 9.1 percent lower than in December 2015, having dropped 4.4 percent from the month before at a time of the year when sales typically rise. And in San Francisco, the year-over-year... Read More »