Articles Filed Under: Breaking News

(566 posts)
Pushback on Plans for a Conservatory of Music Tower

Pushback on Plans for a Conservatory of Music Tower

Speaking of development along the Van Ness Corridor, the City has just finished its preliminary review of a proposed 150-foot-tall building to rise at 200-214 Van Ness Avenue, fronting Van Ness between Hayes Street and Tom Waddell Place. And it’s pushing back on the height. As proposed, the existing... Read More »

Mortgage Rate Drops to Nine-Month Low, Odds of a Hike Near Nil

Mortgage Rate Drops to Nine-Month Low, Odds of a Hike Near Nil

Having slipped below 4 percent four weeks ago, the average rate for the benchmark 30-year mortgage dropped to 3.72 percent over the past week as concern about a global slowdown remains and the resultant flight-to-quality continues to drive the 10-year Treasury yield down to its lowest point in nearly... Read More »

Did Unpermitted Work Doom this Home?

Did Unpermitted Work Doom this Home?

As we first reported yesterday, the Sherwood Forest home at 256 Casitas Avenue which is undergoing an emergency demolition to prevent it from tumbling downhill was purchased as “totally renovated” for $2.2 million three months ago, but there do not appear to be any permits for said renovation which... Read More »

Emergency Demolition of a Newly Renovated $2.2M Home

Emergency Demolition of a Newly Renovated $2.2M Home

Flipped for $2.2 million three months ago, an emergency demolition of the “totally renovated” Sherwood Forest home at 256 Casitas Avenue is underway in order to keep it from sliding down the hillside on which it’s perched and crushing the home below. A neighbor first noticed signs of a... Read More »

Contested Waterfront Development Survives Challenges

Contested Waterfront Development Survives Challenges

The multiple appeals which aimed to overturn the City’s approval of a 220-foot building to rise at 75 Howard Street, with 133 luxury condos over a restaurant, café and underground ‘parking vault’ for 100 cars, were all denied by San Francisco’s Board of Appeals last night. While the Board... Read More »

Appeal of Transit Impact Fee for Mission Bay Development Denied

Appeal of Transit Impact Fee for Mission Bay Development Denied

Kilroy Realty’s appeal of the $6.4 million Transit Impact Development Fee (TIDF) which the City has imposed on the 680,000-square-foot Exchange on Sixteenth Street project was denied by San Francisco’s Board of Appeals last night in a 3-2 vote, but a rehearing could be requested. Kilroy’s 3.1-acre development, which... Read More »

Warriors Arena Dubbed Chase Center and Now Too Big to Fail?

Warriors Arena Dubbed Chase Center and Now Too Big to Fail?

While the target opening date has been moved back to 2019 and a pair of lawsuits remain unresolved, the Golden State Warriors have sold the naming-rights for their proposed Mission Bay Arena to JPMorgan Chase which plans to dub the arena Chase Center. And while the pre-construction deal “should... Read More »

Bay Area House Values Hit Record High, Condos Slip

Bay Area House Values Hit Record High, Condos Slip

Having ticked up 0.3 percent in November, the Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area is back to the all-time high set in early 2006. The index has gained 61 percent since January 2010 and is now running 11 percent higher versus the same... Read More »

Employment in San Francisco Slips Again While East Bay Gains

Employment in San Francisco Slips Again While East Bay Gains

For the second month in a row, the number of people living in San Francisco with a job slipped. And while it was a nominal drop of a hundred, from 534,700 to 534,600, it was the first December without a gain since 2009 and versus an average December increase... Read More »

Benchmark Mortgage Rate Drops to Three-Month Low

Benchmark Mortgage Rate Drops to Three-Month Low

Having slipped below 4 percent two weeks ago, the average rate for the benchmark 30-year mortgage dropped to 3.81 percent over the past week “as concern about a global slowdown grows and the resultant flight-to-quality continues to drive the 10-year Treasury yield down,” as we wrote a week ago... Read More »