Articles Filed Under: Breaking News

(918 posts)
Inventory of Homes for Sale in San Francisco Hits 7-Year High

Inventory of Homes for Sale in San Francisco Hits 7-Year High

Following a trend which shouldn’t catch any plugged-in readers by surprise, the number of homes actively listed for sale in the San Francisco (900) has just hit a 7-year high and is now running 12 percent higher on a year-over-year basis and 30 percent above its mark at the... Read More »

Path for Trains to Reach SF’s New Transit Center Has Been Picked

Path for Trains to Reach SF’s New Transit Center Has Been Picked

As we expected and first foreshadowed earlier this year, the San Francisco County Transportation Authority has officially adopted the Pennsylvania Avenue Alignment as the preferred path by which trains should reach San Francisco’s new Salesforce Transit Center, with the rail lines into the city now expected to be completely undergrounded... Read More »

Inventory of Homes for Sale in San Francisco Jumps

In a move which shouldn’t catch any plugged-in readers by surprise, the number of homes actively listed for sale in the San Francisco (765) jumped 39 percent over the past two weeks and is now running 9 percent higher versus the same time last year (700) and 25 percent... Read More »

Port Soliciting Concepts for Thirteen of San Francisco’s Historic Piers

Port Soliciting Concepts for Thirteen of San Francisco’s Historic Piers

The Port of San Francisco has just issued a formal solicitation of developers and tenants interested in redeveloping thirteen of San Francisco’s historic piers, along with the Agriculture Building adjacent to San Francisco’s Ferry Building, stretching from, and including, Pier 35 to Pier 48 (yes, that’s the one that... Read More »

Bay Area Employment Slips, San Francisco Nears Negative Growth

Bay Area Employment Slips, San Francisco Nears Negative Growth

The unemployment rate in San Francisco jumped from 2.1 to 2.7 percent in June as the number of people living in the city with a job dropped by 1,600 to 550,600 while the labor force increased by 1,600 to 565,600. And while there are still 113,900 more people living... Read More »

Three Leading Proposals for the Redevelopment of Fort Scott

Three Leading Proposals for the Redevelopment of Fort Scott

The Presidio Trust has just completed their preliminary review of the nine (9) concept proposals for the redevelopment of the roughly two dozen buildings spread across 30 acres of the Presidio that comprise Fort Winfield Scott into a “Campus for Change” and has narrowed the field to three (3)... Read More »

First Tenants of SF’s Transbay / Salesforce Transit Center Identified

First Tenants of SF’s Transbay / Salesforce Transit Center Identified

With San Francisco’s new Transbay/Salesforce Transit Center and rooftop park slated to open on August 12, the first four (4) leases for the center’s thirty-five (35) potential retail/restaurant/commercial spaces have been negotiated and could be approved this week. Eddie Rickenbacker’s is slated to sign a 15-year lease for a... Read More »

Battle over Newly Approved Rincon Hill Development Rages On

Battle over Newly Approved Rincon Hill Development Rages On

The waylaid plans for a modern residential building to rise up to 84 feet in height at 430 Main/429 Beale Street were, in fact, approved by San Francisco’s Planning Commission at the end of May. The Commission’s approval, however, was conditioned upon a the inclusion of a 45-foot-wide, mid-block... Read More »

San Francisco Sues Developer with History of Under-Permitted Work

San Francisco Sues Developer with History of Under-Permitted Work

City Attorney Dennis Herrera has just filed suit in San Francisco Superior Court against Ashok Gujral, a local real estate developer and investor accused of routinely engaging in under-permitted construction on residential properties throughout San Francisco. According to the complaint, Gujral would seek permits for simple and uncomplicated projects... Read More »

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

As predicted, the Federal Reserve has just raised its benchmark Federal Funds rate, upping its target range by another 0.25 percent (25 basis points) and signaling accelerated expectations for two more quarter-point increases by the end of this year, which is one more than previously expected. The Fed dropped... Read More »