Articles Filed Under: Industry Stuff

(362 posts)

One Rincon’s Second Tower In Contract, Likely Going Condo

With less than half the tower’s 298 units currently occupied despite having started leasing in early 2014, One Rincon Hill’s northwest tower is reportedly in contract to be sold for $400 million.  And while currently operating as an apartment building, the application to clear the way for the individual... Read More »

Flower Mart Tenants And Developer Agree, But The Battle Isn’t Over

Flower Mart Tenants And Developer Agree, But The Battle Isn’t Over

The ceremonial signing of the final agreement between the San Francisco Flower Mart Tenants’ Association, Kilroy Realty and the San Francisco Flower Mart LLC which will end the tenants’ threatened ballot measure to block the proposed redevelopment of the Mart is about to occur. While the agreement aligns the... Read More »

Developer Suddenly Selling A Pair Of ‘Unparalleled’ Opportunities

Developer Suddenly Selling A Pair Of ‘Unparalleled’ Opportunities

While Artthaus made headlines earlier this month for filing plans to construct a seven-story building with 131 Group Housing Units and shared kitchens at 1798 Bryant Street in the Mission, and another 36 Group Housing Units at 45 Dore in SoMa, it doesn’t appear that the developer actually plans... Read More »

Planning Balks At Proposed Height For Central SoMa Tower(s)

Planning Balks At Proposed Height For Central SoMa Tower(s)

San Francisco’s Planning Department has just finished its review of the preliminary plans for a 37-story tower to rise at 636 4th Street.  And it doesn’t support what has been proposed and rendered below. As proposed, the current K&L Wine Merchants building and adjacent Latte Express would be razed... Read More »

Frozen Valencia Street Development Cleared To Recommence, But…

Frozen Valencia Street Development Cleared To Recommence, But…

Frozen mid-construction by a Superior Court Judge who ruled that San Francisco’s Board of Appeals had abused its discretion and “failed to set forth the analytic route it traveled” when the Board reversed an earlier vote which would have limited the Mission District development at 1050 Valencia Street to... Read More »

An End To ‘Confidential’ Sales In San Francisco

An End To ‘Confidential’ Sales In San Francisco

In an attempt to hide the sale price for a property in San Francisco, sellers or their agents have been able to request that the computed transfer tax to be paid for a property, from which the sale price could be calculated, be recorded separately from the deed and... Read More »

Massive SoMa Tennis Club In Contract, Site To Be Seriously Upzoned

Massive SoMa Tennis Club In Contract, Site To Be Seriously Upzoned

As we first wrote and ruffled some feathers with respect to the half-block San Francisco Tennis Club at 645 Fifth and Brannan when the (Bay) Club was sold to York Capital Management and San Francisco-based JMA Ventures last year: While plans for the Bay Club’s clubs have yet to... Read More »

Affordable Housing Law(s) In California Upheld As Constitutional

The legal challenge of San Jose’s affordable housing law which was passed five years ago but blocked by the building industry in a lawsuit contending that the ordinance was an unconstitutional ‘taking’ of private property has been unanimously rejected California’s Supreme Court. Similar to San Francisco’s Inclusionary Housing ordinance,... Read More »

275 Square Foot Room Without A View Fetches $465K

275 Square Foot Room Without A View Fetches $465K

The Book Concern Building condo #511 which measures a legal 275 square feet – that’s 16 square feet smaller than the “smallest condo in San Francisco” that made headlines when it fetched $415,000 in April – has sold for $465,000 or roughly $1,690 per square foot. Having originally been listed at $485,000, rather... Read More »

Minimum Bid For 750-Foot Transbay Tower Site: $160M

Minimum Bid For 750-Foot Transbay Tower Site: $160M

The minimum bid for Transbay Parcel F, which is located mid-block between First, Second, Howard and Natoma Streets and zoned for building a tower up to 750-feet in height, has been set at $160 million and the live auction has been scheduled for 10am on September 2, 2015. The... Read More »

Appeal Succeeds But Development Will Proceed As Proposed

Appeal Succeeds But Development Will Proceed As Proposed

The appeal to invalidate the Planning Commission’s exception to San Francisco’s Planning Code which was granted for the 420-unit development to rise at 150 Van Ness was technically a success. But rather than overturning the project’s approval and requiring a major redesign, as the appellants had sought, San Francisco’s... Read More »

Group Housing ‘Loopholes’ Could Soon Be Closed

Many of the recently proposed Group Housing developments in San Francisco, with shared kitchens and living areas, have been positioned as creative solutions to maximize density and minimize rents in response to the City’s current housing crisis. But with the addition of “kitchenettes,” which aren’t technically kitchens, a number... Read More »

420-Unit Development At Risk

420-Unit Development At Risk

The Planning Commission’s approval of the proposed 420-unit building to rise up to 13-stories at 150 Van Ness, stretching from Van Ness to Polk along Hayes, was appealed and could be overturned. As designed by Solomon Cordwell Buenz for the Emerald Fund, the first two floors of the 150... Read More »

Airbnb Showdown At City Hall

Airbnb Showdown At City Hall

The showdown between two competing pieces of legislation to further regulate ‘airbnb-ing’ in San Francisco is about to commence at City Hall. Without additional transparency and reporting from the hosting platforms which enable the practice, such as Airbnb, San Francisco will be hard-pressed to ever effectively enforce its short-term... Read More »

700 Square Foot Berkeley Four-Bedrooms Slated To Be Approved

700 Square Foot Berkeley Four-Bedrooms Slated To Be Approved

The revised designs for a student-oriented, but not necessarily student occupied, development to rise up to six-stories in height on Telegraph Avenue in Berkeley, with room(s) for around 150 residents over 5,461 square feet of ground-floor retail/restaurant space, could be approved by the City on Thursday. Dubbed ‘The Nexus,’... Read More »