Articles Filed Under: Breaking News

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Employment in San Francisco Dropped in Q1

Employment in San Francisco Dropped in Q1

With the number of people living in San Francisco with a job pegged at 543,900 last month, a nominal 200 higher than the month before, employment in the city has dropped by 3,300 in the first quarter of the year versus gaining 6,900 in the first quarter of 2016,... Read More »

Recommendation for Affordable Housing Requirements Revealed

Recommendation for Affordable Housing Requirements Revealed

With San Francisco Supervisors having drafted two competing proposals for overhauling the percentage and mix of below market rate (BMR or “affordable”) units that developers of market rate projects are required to provide on-site or fund elsewhere in the city, in response to the passage of Proposition C and... Read More »

Complaints Related to Airbnb-ing in S.F. Have Doubled Again

Complaints Related to Airbnb-ing in S.F. Have Doubled Again

Having more than doubled from around 250 in 2015 to over 600 in 2016, the number of formal complaints related to illegal short-term rentals in San Francisco is on pace to double again in 2017, with roughly 200 complaints filed in the first quarter of the year, which is... Read More »

Plans to Raise the Roof and New Rentals on Mission Closer to Reality

Plans to Raise the Roof and New Rentals on Mission Closer to Reality

With the master tenant of the former Anna’s Linens shop at 2610 Mission Street having been paid to forfeit the remaining 30 years on a 99-year lease, plans to renovate the existing 12,000-square-foot structure and add four residential floors – with eight two-bedroom apartments above 8,000 square feet of... Read More »

Court of Appeal Rules That Children Aren’t Tenants

Court of Appeal Rules That Children Aren’t Tenants

Reversing a lower court decision, California’s First District Court of Appeal has ruled that minors living in a rental unit with a guardian are “occupants” but not “tenants,” an important distinction with respect to how San Francisco’s Rent Ordinance is written and the calculation of relocation payments due when... Read More »

Future Bayfront Park Newly Rendered, Detailed and Timed

Future Bayfront Park Newly Rendered, Detailed and Timed

San Francisco’s future 5.5-acre Bayfront Park, which will be bounded by a realigned Terry A. Francois Boulevard and the San Francisco Bay, between 16th Street and Nelson Rising Lane, across from the Warriors’ future Chase Center arena in Mission Bay, has been newly rendered and detailed. As conceptualized by... Read More »

Rents Tick Up in San Francisco, Drop in Oakland

Recent reports of a sharp drop in apartment rents in both San Francisco and Oakland shouldn’t catch any plugged-in readers by surprise, as it’s a trend we first noticed forming last year. And as we first reported a couple of months ago, asking rents in the two cities had... Read More »

NFL Approves Raiders’ Move to Las Vegas

NFL Approves Raiders’ Move to Las Vegas

In a near unanimous vote of 31-1, the NFL owners have approved the Oakland Raiders proposed move to Las Vegas, an outcome which shouldn’t catch any plugged-in readers by surprise. As we wrote when other “credible sources” saw the loss of Sheldon Adelson’s support for the proposed $1.9 Las... Read More »

San Francisco Home Sales Drop to a Five-Year Low

San Francisco Home Sales Drop to a Five-Year Low

The number of single-family homes and condos that traded hands in San Francisco dropped to a five-year low of 308 in February. That’s down 4 percent from a downwardly revised 322 sales in January (versus a typical 12 percent seasonal bump). And on a year-over-year basis, home sales in... Read More »

The Fed Institutes a Rate Hike, Signals Two More This Year

As predicted, the Federal Reserve has just raised its benchmark Federal Funds rate, upping its target by 0.25 percent (25 basis points) and signaling expectations for another two quarter-point increases by the end of the year. The Fed dropped the benchmark rate 5 percentage points between August of 2007... Read More »