Articles Filed Under: East Bay

(361 posts)
Oakland’s Brooklyn Basin Development Secures $1.5B To Build

Oakland’s Brooklyn Basin Development Secures $1.5B To Build

In the works for over a decade, Signature Development Group’s 66-acre Brooklyn Basin development on Oakland’s waterfront has been funded by way of a $1.5 billion investment from China’s Zarsion Holdings Group and is slated to break ground next year. The development of the former industrial site adjacent to... Read More »

555YVR Scoop: Half Sold And Now Going Rental With The Rest

555YVR Scoop: Half Sold And Now Going Rental With The Rest

On the market since 2009, and with only half of its 87 condos having sold and one in contract, according to a plugged-in tipster, 555YVR (Ygnacio Valley Road) over in Walnut Creek will be going the rental route with its unsold inventory starting June first. In the words of... Read More »

The Margarido House Sells “At Asking” (And 38% Below Original List)

The Margarido House Sells “At Asking” (And 38% Below Original List)

Two weeks shy of a year on the market, the sale of the “Margarido House” over at 5950 Margarido Drive in Oakland appears to have closed escrow on October 12 with an MLS reported contract price of $3,395,000. Interestingly enough, the brokerage represent both buyer and seller is advertising... Read More »

Mmmm…Margarido Even More Happy Hour Pricing (If You’re Buying)

Mmmm…Margarido Even More Happy Hour Pricing (If You’re Buying)

As we wrote last month: In contract this past March after reducing its list price from $5,500,000 to $4,795,000, as plugged-in people know 5950 Margarido over in Rockridge fell out of contract when the sale of the buyer’s house fell out of contract as well. Relisted for $4,300,000 in... Read More »

The (5950) Margarido Happy Hour Now Starts At (Just Under) Four

The (5950) Margarido Happy Hour Now Starts At (Just Under) Four

In contract this past March after reducing its list price from $5,500,000 to $4,795,000, as plugged-in people know 5950 Margarido over in Rockridge fell out of contract when the sale of the buyer’s house fell out of contract as well. Relisted for $4,300,000 in June, on Friday its list... Read More »

Ideas And Concepts For (A) Gateway Park Across The Bay

Ideas And Concepts For (A) Gateway Park Across The Bay

“As officials from nine governmental bodies explore the idea of adding a park along the south edge of where the will touch down, this much is clear: The only way to make such a space fulfill its potential – or be worth pursuing – is to approach... Read More »

March Madness For 5950 Margarido (Coincidence?)

March Madness For 5950 Margarido (Coincidence?)

While we typically wait until a property has closed escrow, or at the very least until all contingencies have been waived, a plugged-in tipster notes that 5950 Margarido just went into contract. And we never get tired of looking at that house (click image to enlarge). Keep in mind... Read More »

No Exemption (And Little Love) For Alameda Point Development

No Exemption (And Little Love) For Alameda Point Development

“With all precincts reporting, Measure B in Alameda lost, 85 percent to 15 percent. It would have allowed a one-time exemption to Measure A, a 1973 ordinance that bans anything larger than a duplex on the island.” “If it had passed, Measure B would have allowed a development at... Read More »

A Strong Second Sale But Not Quite The Real(tor) Facts

A Strong Second Sale But Not Quite The Real(tor) Facts

Last week the press release went out for the sale of 222 Broadway #1505 across the bay at $1,100,000 touting the “First Oakland Million Dollar Condo Since October 2008” and including the following line: “The last time more than one million dollars was paid for an Oakland condominium was... Read More »

Will Golden Gate Fields Follow In Bay Meadows’ Footsteps?

Will Golden Gate Fields Follow In Bay Meadows’ Footsteps?

The bankruptcy related auction of Golden Gate Fields over in the East Bay has been scheduled for February 25, 2010. The 130-acre property has been unsuccessfully targeted for development a number of times. Residents in Albany, a city of 17,000, have resisted previous development proposals and in 1990 approved... Read More »