Articles Filed Under: Industry Stuff

(300 posts)
Plans For 76 Micro-Units And A Multi-Million Dollar Flip

Plans For 76 Micro-Units And A Multi-Million Dollar Flip

As we first reported last August: The long-standing 10th Street Car Wash at the corner of Harrison and 10th which has occupied the Western SoMa site since 1969 is in contract to be sold and plans to develop the parcel have just been submitted to Planning. As proposed, a five... Read More »

Has A Million Really “Vanished” From The SoMa Community Fund?

According to the city, $925,666 appears to have “vanished” from the South of Market Community Stabilization Fund, money which was earmarked to fund improvements to local parks and pedestrian safety. According to the Association of Bay Area Governments, however, the money was properly disbursed to the developer of One Rincon... Read More »

Little-Known Public Open Spaces Could Be Made Private

Little-Known Public Open Spaces Could Be Made Private

While not widely publicized, over 12,000 square feet of public open space was constructed in the form of two sunny terraces off the fourth and sixth floors of the 31-story Intercontinental Hotel at 888 Howard Street, a condition of the development’s approval and the result of a 1980s-era city... Read More »

Chinese Real Estate Giant Buys Site For Second-Tallest Tower In SF

Chinese Real Estate Giant Buys Site For Second-Tallest Tower In SF

Beijing-based Oceanwide Holdings has inked a deal to purchase the 50 First Street development site and plans for the second-tallest tower to rise over 900 feet in San Francisco for $296 million, nearly 150 percent more than the $122 million that local developer TMG Partners and Northwood Investors paid... Read More »

Legislation To Protect Clubs From Encroaching Condos

With noise complaints from residents in buildings that have recently risen or been converted in neighborhoods that were formerly commercial in character and have historically catered to clubs and other places of entertainment (POEs) on the rise, legislation to protect the POEs and require those buying or leasing residences... Read More »

Refined Designs And Timing For 400-Foot Transbay Block 9 Tower

Refined Designs And Timing For 400-Foot Transbay Block 9 Tower

The designs for the 400-foot tower and 85-foot podium to rise on Transbay Block 9, at the corner of Folsom and First, have been refined by SOM (tower) and Fougeron Architecture (podium), and the total number of residences and ratio of Below Market Rate (BMR) units within the development... Read More »

The Mayor’s Roadmap For Affordable Housing In San Francisco

The Mayor’s Roadmap For Affordable Housing In San Francisco

Speaking of the Mayor and housing, the findings and recommendations from a working group of “over 100 housing activists, advocates and experts,” which the Mayor assembled to address the state of affordable housing in San Francisco and aid the Mayor in achieving his goal of adding 10,000 units of affordable housing... Read More »

Rube Goldberg Building Poised To Be Landmarked, Tenants Evicted

Rube Goldberg Building Poised To Be Landmarked, Tenants Evicted

Against the wishes of the building’s owner, San Francisco’s Historic Preservation Commission is poised to recommend that the two-story R. L. Goldberg Building at 182-198 Gough Street be designated a historic landmark by San Francisco’s Board of Supervisors. Initiated by the residential tenants of the building who are fighting... Read More »

Noe Valley Compound Gains 43% In Four Years

Noe Valley Compound Gains 43% In Four Years

Purchased for $1,610,000 in 2011 following a down to the studs renovation and expansion, the seven-bedroom compound at 676 San Jose Avenue returned to the market this past September listed for $2,495,000. Reduced to $2,295,000 in October, the sale of 676 San Jose closed escrow yesterday with a reported contract... Read More »

Three Months Later And Flipped For $2.3 Million More

Three Months Later And Flipped For $2.3 Million More

Purchased as a three-unit building for $2.6 million three months ago and quickly remodeled as a “lavish” single-family home with gold fixtures, marble countertops and a La Cornue range in the kitchen; an outdoor living room complete with a television mounted over the new gas fireplace out back; and... Read More »

Foreclosed Upon SF Mansion Flipped For A Few Million More

Foreclosed Upon SF Mansion Flipped For A Few Million More

Purchased for $3,875,000 at the end of 2007, the nearly 8,000-square-foot Victorian at 21 Buena Vista Avenue East, which features 22 remodeled rooms, 1,700 square feet of private gallery space, and a cellar for 3,000 bottles of wine, returned to the market last year listed for $6,500,000, was reduced to $5,900,000 and briefly... Read More »

Glen Park Address, Noe Valley Price, And One Very Successful Flip

Glen Park Address, Noe Valley Price, And One Very Successful Flip

Purchased for $1,412,000 five months ago, the Glen Park home at 1750 Noe Street underwent a quick renovation, remodeling and re-positioning to “the outskirts of Noe Valley.” Listed in August for $2,698,000 with 2,300 square feet of living space, up from 1,913 square feet per its listing in May,... Read More »

Mayor Lee Signs San Francisco’s Airbnb Legislation Into Law

Mayor Ed Lee has signed San Francisco’s so-called “Airbnb ordinance” into law, officially legalizing but limiting short-term rentals in the city. As approved by San Francisco’s Board of Supervisors by a vote of 7-4 earlier this month, the new law allows a permanent resident of the city to rent... Read More »

“Hayes Valley” Home Joins The Million Dollar Price Cut Club

“Hayes Valley” Home Joins The Million Dollar Price Cut Club

Originally listed for $4,695,000 in May, then relisted anew for $3,995,000 last month, the asking price for the newly built home at 39 Lloyd Street – an address which is technically within Hayes Valley per the Realtors’ map, but sits between Duboce Triange and the Lower Haight – has just... Read More »

Supervisors Pass Law To Regulate Tenant Buyouts In San Francisco

The proposed law to regulate and restrict the buyouts of tenants from rent-controlled apartments in San Francisco has been passed by the Board of Supervisors in a vote of 7 to 4 with Supervisors Breed, Farrell, Tang and Wiener opposing. If you’re either a tenant or landlord in San... Read More »