Articles Filed Under: Breaking News

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750-Foot Tower Site Auction Abruptly Cancelled

750-Foot Tower Site Auction Abruptly Cancelled

The scheduled auction for Transbay Parcel F was abruptly cancelled and the Transbay Joint Powers Authority will now attempt to negotiate directly with the intended bidders to secure the “best price and most complementary land use” for the site. As we first reported last month, the auction for the... Read More »

Development Granted Key Exemption, Ditching Sixth Street Address

Development Granted Key Exemption, Ditching Sixth Street Address

The proposed plans for an 8‐story building with 112 residential units to rise on the northeast corner of Sixth and Harrison, on the Eastern SoMa site of a long-shuttered service station across from The EndUp, have just been granted a key exemption from having to complete a lengthy environmental review.... Read More »

The Infamous “G” Slashes Infinity Penthouse Price By 27 Percent

The Infamous “G” Slashes Infinity Penthouse Price By 27 Percent

While it was never officially listed on the MLS, the infamous Gurbaksh Chahal (a.k.a. “G”) has been trying to unload his 3,355 square foot penthouse unit #37B atop the Infinity at 301 Main Street for $12 million, as we first reported in April. And last night, the penthouse was... Read More »

City Suing Prolific Tagger For $54K

City Suing Prolific Tagger For $54K

City Attorney Dennis Herrera has filed suit against Cozy Terry, “a prolific and unrepentant graffiti vandal,” who is alleged to have caused nearly $90,000 in damage to public property over the past few years with her Coze, Coz and similar tags you’ve likely seen around town. Herrera’s office will... Read More »

331-Unit ‘Monster In The Mission’ Embroiled In New Legal Battle

331-Unit ‘Monster In The Mission’ Embroiled In New Legal Battle

Maximus Real Estate Partners, the development team which has already invested an estimated $8 million to design and entitle the proposed development of 331 residential units at 1979 Mission Street, the so-called “Monster in the Mission,” has now filed suit against the family which still owns all the land... Read More »

Pinterest Signs Pre-Lease For Entire SoMa Development

Pinterest Signs Pre-Lease For Entire SoMa Development

Pinterest has just inked a pre-lease for the entire 140,000-square-foot building to rise at 505 Brannan, a Central SoMa development which is slated to break ground early next year and be ready for occupancy in 2017. Designed by Heller Manus for TMG Partners, the 505 Brannan Street building will... Read More »

Bank Will No Longer Knowingly Finance Ellis Actors

Facing protests over their role in providing “displacement mortgages” to those who buy tenant-occupied buildings and then invoke the Ellis Act in order to flip the property or occupy it themselves sans tenants, First Republic Bank will now ask mortgage applicants if they intend to repurpose their target property... Read More »

Five Teams Qualified To Bid For 750-Foot Transbay Tower Site

Five Teams Qualified To Bid For 750-Foot Transbay Tower Site

Five teams have been pre-qualified to bid a minimum of $160 million for Transbay Parcel F which is located mid-block between First, Second, Howard and Natoma Streets and zoned for the development of a tower up to 750-feet in height. Sealed written bids from the teams are due on... Read More »

Sierra Club To Oppose Mission Rock, Feinstein Pro Limiting Airbnb

The Sierra Club will pen the official argument opposing the ballot measure which would allow the Giants’ massive Mission Rock development to move forward, while Senator Dianne Feinstein will pen the argument in favor of the measure to further restrict short-term residential rentals in San Francisco, the so-called Airbnb... Read More »

Judge Rules In Epic Battle Over Prominent Market And Castro Site

Judge Rules In Epic Battle Over Prominent Market And Castro Site

Approved for the development of a six-story building back in 2013, with 24 residential units over ground floor retail and a 14-car garage to rise, the prominent gas station site on the northwest corner of Castro and Market has been locked in an epic legal battle ever since. And after two years... Read More »