Articles Filed Under: Breaking News

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Bay Area Home Sales Slip, Slowest April in Six Years

Bay Area Home Sales Slip, Slowest April in Six Years

At a time of the year when sales typical rise around 5 percent, the number of single-family homes and condos that traded hands in San Francisco last month dropped 7 percent, from an upwardly revised 514 in March to 478 April, which is 12.3 percent lower versus the same... Read More »

Another Oakland Development Is Redesigned

Another Oakland Development Is Redesigned

As we first reported last week, the Strada Investment Group is seeking permission to increase the density of the approved development to rise at 1100 Clay Street, between 11th and 12th Streets in Oakland’s City Center, from 262 apartments as approved to 288 as envisioned. And once again, the... Read More »

Plans for a Tower to Rise over This Historic Building

Plans for a Tower to Rise over This Historic Building

Ellis Partners is abandoning the previously approved plans for a 20-story tower to rise at 1100 Broadway in Downtown Oakland. And instead, they’re proposing to develop an 18-story building, the top eight floors of which would be cantilevered over the historic Key System Building on the site. As designed... Read More »

The Most Expensive Home Sale in San Francisco So Far This Year

The Most Expensive Home Sale in San Francisco So Far This Year

Hidden behind the rather unassuming façade of the Presidio Heights home at 3540 Jackson Street is over 7,000 square feet of finished living space, with seven bedrooms and six baths, a four car garage, and panoramic views across the Presidio and San Francisco Bay. Long-owned by the Zellerbach family,... Read More »

A Record-Smashing Deal on San Francisco’s Waterfront

A Record-Smashing Deal on San Francisco’s Waterfront

The Hong Kong-based SRE Group has purchased an 80 percent stake in the eight-story parking garage at 75 Howard Street, a waterfront site which is fully approved and permitted for a 20-story, 120-unit condominium tower to rise. And according to the Business Times, the price for the majority stake... Read More »

San Francisco Files Suit Against Affordable Housing Scofflaws

San Francisco Files Suit Against Affordable Housing Scofflaws

Catherine Bailey bought a below market rate (BMR) condominium at 888 7th Street for $270,500 back in 2008. And at the time of her purchase, Bailey signed an affidavit acknowledging that she could not rent the unit “in part or whole without written approval from the Mayor’s Office of... Read More »

The Impact of a Transformative Market Street Project and New Park

The Impact of a Transformative Market Street Project and New Park

The Draft Environmental Impact Report (DEIR) 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 Lesser Brothers Building (1629‐1637 Market) currently... Read More »

City Survey Says: San Franciscans Are Feeling Less Safe

City Survey Says: San Franciscans Are Feeling Less Safe

According to the City’s biennial survey of over 2,000 residents, which was just released, while the perceived performance of San Francisco’s local government has maintained a  “B-” rating overall, the percentage of respondents providing a mark of “A” or “B” has slipped from 59% in 2015 to 57% in... Read More »

Opposition to 117-Unit Development in the Mission Paid Off

Opposition to 117-Unit Development in the Mission Paid Off

While approved for the development of 117 apartments last year, including 23 units which are to be provided at below market rates (BMRs), the 2675 Folsom Street project has been waylaid by appeals championed by Calle 24 Latino Cultural District and the Mission Economic Development Agency (MEDA). But with... Read More »

Transbay Related Lawsuits are Piling Up

Transbay Related Lawsuits are Piling Up

The Board of Directors for the Transbay Joint Powers Authority (TJPA) is slated to conference with legal counsel on Thursday, behind closed doors. In addition to nine (9) lawsuits related to the sinking Millennium Tower which have already been filed in San Francisco Superior Court, all of which include... Read More »