Articles Filed Under: Breaking News

(909 posts)
Home Depot Almost Home?

Home Depot Almost Home?

Next week Home Depot is headed back in front of the Planning Commission. Having signed a lease for the old Goodman Lumber location at 491 Bayshore Blvd. over five years ago, the Depot is still seeking approval to begin development. Proponents point to desperately needed neighborhood jobs and a... Read More »

Fairmont Furor

Apparently the owners of the 591-room Fairmont Hotel are considering a condo conversion of 226 rooms in the tower annex into 60 housing units. According to the owners group, “The landmark portion of the hotel won’t be touched…hat will continue to operate as a hotel. All the ballrooms, all... Read More »

199 New Montgomery: Update

It’s been six days since we last reported on 199 New Montgomery unit #1501 and once again the price has been “Reduced!!”. Somehow that original 1.2% reduction failed to generate a ton of interest, so this time it’s down another 2.2% (asking $879k). Death by a thousand paper cuts…... Read More »

Flipping The Bank Of America Building

Last year, San Francisco’s Bank of America Center was sold to a group of New York investors for $825 million. Now, according to the New York Times, “the 52-story reddish-brown granite tower is said to be going on the market again. This time, the sellers are hoping that the... Read More »

San Francisco Population Drops 4.2%

According to a report just released by the Census Bureau, the population of San Francisco declined 4.2% (or 32,000 people) from April 2000 to July 2004. According to CNN, “Hurt by skyrocketing housing prices, people are leaving San Francisco, Boston and other large cities in droves.” “Droves” might be... Read More »

Mid-Market Development “Breaking” News

Mid-Market Development “Breaking” News

A city plan to redevelop Market Street between Fifth and 11th is in front of the Planning Commission for approval this evening (6pm). Apparently it’s been in the works for the past 11 years and yet we just heard about it. Nice. The plan would attempt to create a... Read More »

NoHousingBubble.com

No doubt you’ve heard that the HousingBubble.com domain name is up for auction. But what happens if a bubble fails to materialize? Well here’s your opportunity to put all those bubblemongers in their place. That’s right, the NoHousingBubble.com domain name is now up for auction! What better way for... Read More »

Section 1386 Update: Andy Sirkin Weighs In

It’s worth reading Andy Sirkin’s overview and perspective on the Board of Supervisors vote to block the condo conversion of a lottery-winning six-unit TIC. Yes, the owners won the condo lottery but were still denied conversion based on Section 1386 of the City’s Subdivision Code. Sirkin writes: Until the... Read More »

TIC Owners/Buyers Beware

Tenancy-in-common (TIC) units created through an Ellis Act eviction of previous building tenants may be denied eligibility for condo conversion in San Francisco. On Tuesday the San Francisco Board of Supervisors rejected the condo conversion application for the six-unit building at 400-410 Vallejo based on Section 1386 of the... Read More »