Articles Filed Under: Industry Stuff

(952 posts)

Raising The Threshold For Requiring Below Market Rate (BMR) Units

On the agenda for San Francisco’s Land Use and Economic Development Committee this afternoon, a proposed Planning Code amendment changing the threshold for new developments that must adhere to San Francisco’s Inclusionary Affordable Housing Program (i.e. provide BMR’s) from any project of five (5) or more units back to... Read More »

Full Disclosure Or Poisoning The Well?

Full Disclosure Or Poisoning The Well?

The two-unit building at 446-448 Missouri Street is on the market in Potrero and asking $1,199,000 for the whole shebang. According to the listing, however, while “both units enjoy classic details,” it’s only the upper unit that “enjoy panoramic City views!” Unfortunately, while the lower two-bedroom unit is vacant,... Read More »

Affordable Housing Headwinds And TNDC’s New Tack In San Francisco

Affordable Housing Headwinds And TNDC’s New Tack In San Francisco

From Don Falk, Executive Director at Tenderloin Neighborhood Development Corporation (TNDC), with respect to the challenges of financing affordable housing development in San Francisco and the development of 168-186 Eddy Street at the corner of Taylor: In a short time, we have seen dramatic changes in the world of... Read More »

SF Cribs: Coming Up Short (In More Ways Than One)

SF Cribs: Coming Up Short (In More Ways Than One)

Listed as a one-bedroom for $765,000 when The Hales Warehouse first hit the market in 2007, 410 Jessie #603 was purchased for $749,700 that July. Having been unsuccessfully listed for $815,000 in 2009 and $799,000 in 2010, the 1,130 square foot condo is back on the market and listed... Read More »

32 Percent More Or Less Efficient In San Francisco Part Two

As we first reported this past March: Per San Francisco Building Code Section 1208.4, the smallest legal dwelling unit in San Francisco must have living room of at least 220 square feet (20.4 m2) in addition to a separate closet and bathroom. As proposed and sponsored by Supervisor Wiener,... Read More »

Fear, Uncertainty, Doubt And An Eviction

With respect to whether or not a potential crackdown on illegal short-term rentals as facilitated by services such as Airbnb is simply FUD (“fear, uncertainty, and doubt”) or waiting in the wings, a plugged-in reader reports: There has been a case won by to oust... Read More »

Maher Muhawieh’s “Winning” Ways (And Federal Prison Sentence)

From the Grand Jury Indictment that a plugged-in reader delivered back in 2010: Beginning at a time unknown to the Grand Jury, but no later than January 2006, and continuing through at least March 2009, MAHER TALAL MUHAWIEH knowingly and intentionally devised a material scheme and artifice to defraud... Read More »

Will Wells Profit On This Condo’s Foreclosure?

Will Wells Profit On This Condo’s Foreclosure?

Purchased for $610,000 in 2004, the two-bedroom Pacific Heights condo #409 at 1945 Washington Street was refinanced in 2007 with a first mortgage for $615,000. Having fallen $13,274 behind on payments, seven months ago a notice of default was issued for the aforementioned first. And last month, the 924... Read More »

Airbnb Hit List Take Two (Months Later)

As we first reported two months ago: …Supervisor Chiu’s proposed amendment to Chapter 41 of San Francisco’s Administrative Code wouldn’t make it unlawful to rent an apartment, or room therein, for less than a 30-day term of tenancy in San Francisco, for that practice is already against the law... Read More »

Luke Feels the Foreclosure Force (as Do Lenders Number Two)

Luke Feels the Foreclosure Force (as Do Lenders Number Two)

While the 6,375 square foot home at 130 Sea Cliff Avenue has sold for a reported $13,000,000, down the street at 224 Sea Cliff Avenue the 5,552 square foot home is scheduled to hit the courthouse steps tomorrow with $7,983,898 owed on a 2007 era first mortgage for $6,000,000.... Read More »