Articles Filed Under: Industry Stuff

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San Francisco and East Bay Rents Little Changed Last Quarter

San Francisco and East Bay Rents Little Changed Last Quarter

Following a nominal slip at the end of last year, the average asking rent for an apartment in a building with over 50 units in San Francisco inched up $4 a month (0.1 percent) to $3,620 in the first quarter of 2016 and $16 a month (0.7 percent) to... Read More »

A Curious $4M Reduction for the Finest Residence in Ross

A Curious $4M Reduction for the Finest Residence in Ross

Marketed as “the finest residence in Ross,” the three-acre “Ross Estate” at 1 Upper Road has been on the market for over two years and listed for $20 million. Earlier this year, the listing for the estate was updated to note: “One of six luxury homes to be sold... Read More »

Price Reductions for Condos in San Francisco on the Rise

While the inventory of listed condos for sale in San Francisco only ticked up one percent over the past week, with new listings outnumbering new sales by just a few, the number of condos listed for sale on the MLS is now 57 percent higher versus the same time... Read More »

SF Preparing for Potential Litigation Re: CA’s Density Bonus Law

A closed-door conference between San Francisco’s Planning Commission and Legal Counsel is underway. And while the agenda for the specially scheduled hearing doesn’t offer a hint as to the topic of the meeting, other than to “discuss with legal counsel potential litigation with the City as defendant, where there... Read More »

Another Team Looking to Flip an Approved Development Site in SF

Another Team Looking to Flip an Approved Development Site in SF

As we first reported earlier this month, the 363 6th Street site which was approved for the development of 104 apartments last year is now on the market rather than having broken ground. And as a plugged-in tipster notes, the adjacent 988 Harrison Street site, which was approved for... Read More »

Hearing for Twisty Tower’s Proposed Height Increase Underway

Hearing for Twisty Tower’s Proposed Height Increase Underway

San Francisco’s Board of Supervisors has officially heard the public testimony for the proposed amendment to the City’s previously approved Transbay District Plan, an amendment which would raise the height limit for Transbay Block 1, a block which is currently only zoned for development up to 300 feet in... Read More »

Expanded Eviction Protection for Parents and Educators Adopted

The proposed ordinance to expand eviction protections for tenants with a resident child under 18 years of age and to extend said protections to tenants who are “educators,” defined as a person who works at a school in San Francisco as an employee or independent contractor of the school... Read More »

Initiative to Require Competitive Bidding for Affordable Housing in SF

In addition to a proposed ballot measure which would double the maximum income one could earn and still qualify for a Below Market Rate (BMR) apartment in San Francisco, the paperwork for an initiative which would implement a new competitive bidding process for all developers of publicly funded housing... Read More »

Million Dollar Listing Sells for a Million Dollars Less

Million Dollar Listing Sells for a Million Dollars Less

On the market as an unfinished spec home with 7,000 square feet of space in the Oakland Hills for $2.65 million in 2009, 13383 Campus Drive failed to sell and was subsequently foreclosed upon, trashed and sold for $800,000 in early 2014 in need of “some work.” Rebuilt and... Read More »

Unfinished Pac Heights Flip Fetches $4.7M

Unfinished Pac Heights Flip Fetches $4.7M

Purchased for $4.1 million in December of 2014 and relisted for $6.5 million the following September along with plans to transform the legal 3-unit building into a contemporary 7,000-square-foot home, “designed to be used as a single family residence,” the sale of 2620 Buchanan Street has closed escrow with... Read More »