Articles Filed Under: Just Quotes (Emphasis Added)

(403 posts)

The Soul Of San Francisco And The Backlash By The Bay

“As the center of the technology industry has moved north from Silicon Valley to San Francisco and the largess from tech companies has flowed into the city — Twitter’s stock offering unleashed an estimated 1,600 new millionaires — income disparities have widened sharply, housing prices have soared and orange construction cranes dot the skyline. The Read More »

How To (Illegally) Turn A Powder Room Into A “Legal” Full Bath

From the comments regarding the right way to report unpermitted work in San Francisco: “I’ve seen plenty of rehab projects that were dressed up for inspection, and converted after sign off from – for example, a “powder room” with a disallowed shower stall hidden behind a wall of sheet rock. Read More »

Setting: Hotel SoMa’s Suspended Swimming Pool. And…Action!

“I can imagine an old 1970s disaster movie with an earthquake and a pin-up swimmer: close-up to her horrified eyes looking at the crack in the glass becoming longer and longer. Focus on the ground 50 feet lower. Zing! Splash!” ∙ Hotel SoMa (690 Fifth Street) Plans Back In The Pipeline And Pool Read More »

Expect An Exceptionally Low Federal Funds Rate Through Late 2014

“To support a stronger economic recovery and to help ensure that inflation, over time, is at levels consistent with dual mandate, the expects to maintain a highly accommodative stance for monetary policy. In particular, the Committee decided today to keep the target range for the federal funds rate at 0 Read More »

Following In The Footsteps Of A 52 Percent Drop At The Ritz-Carlton

Following In The Footsteps Of A 52 Percent Drop At The Ritz-Carlton

Purchased for $2,201,500 in March 2008 on the penultimate floor atop the Ritz-Carlton Residences in San Francisco, 690 Market Street #2301 returned to the market listed for $2,299,000 eight months later. Reduced to $2,099,000 in February 2009 and then to $1,999,999 that April, the 1,660 square foot two-bedroom was withdrawn from the market that June. Read More »

Feds Set To Seek Billions From Big Banks

“The federal agency that oversees the mortgage giants Fannie Mae and Freddie Mac is set to file suits against more than a dozen big banks , accusing them of misrepresenting the quality of mortgage securities they assembled and sold at the height of the housing bubble, and Read More »

Shadow Government Inventory (So To Speak)

“Government-run Fannie Mae, Freddie Mac and the Federal Housing Administration now own about a third of the country’s nearly 800,000 foreclosed properties. With that inventory predicted to grow, they are looking for new ways to cope. In a joint public appeal this month, the agencies invited the public to send in suggestions for managing the Read More »

Make That 75 Percent

From the New York Times today: Even with the sharp drop in stocks over the last week, the Dow Jones is up about 80 percent from its low in March 2009. And with the overall economy nowhere near its recession lows, buying nice, expensive things is back in vogue for people who can afford it. Read More »

Red Rover, Red Rover, Send The Economic Recovery Back Over

“Federal Reserve policy makers may start weighing additional steps to prop up the recovery after growth fell below 1 percent in the first half of this year and economists began cutting second-half growth forecasts.” ∙ Fed May Weigh More Stimulus on Slow Recovery ∙ Ben Drops The D Word (And Sets The Stage For Read More »

The Manhattanization Hotelization Of San Francisco

“We call it the ‘hotelization’ of San Francisco,” said. “Seniors, families and low-income tenants are being pushed out. We have to fight for every affordable unit.” ∙ Conversion of Apartments to Rentals for Tourists Is Surging Read More »

High-Speed High Jinks?

High-Speed High Jinks?

With the former chairman of the High Speed Rail Authority who has long opposed the proposed terminus setting the odds of high-speed rail ever reaching San Francisco’s Transbay Transit Center at 50-50, the “will it just be a bus station” talk has resumed. That being said, keep in mind the $400 million Transit Center train Read More »

Ben Drops The D Word (And Sets The Stage For More Stimulus)

“The possibility remains that the recent economic weakness may prove more persistent than expected and that deflationary risks might reemerge, implying a need for additional policy support,” Bernanke said in prepared testimony before the House Financial Services Committee in Washington today. “The Federal Reserve remains prepared to respond should economic developments Read More »

Flight Of The San Francisco Families (Or At Least Kids)

“New census figures show that despite an intense focus by city and public school officials to curb family flight, San Francisco last year had 5,278 fewer kids than it did in 2000. The city actually has 3,000 more children under 5 than it did 10 years ago, but has lost more than 8,000 kids older Read More »

What’d You Expect?

“Americans’ views on the economy’s outlook soured in June, showing that unemployment, inflation and the slump in housing are concerning consumers. The Bloomberg gauge of economic expectations dropped to minus 31 this month, the lowest level since March 2009, from minus 16 in May. The Consumer Comfort Index, issued weekly, improved to minus 44 in Read More »

And Cha-Ching Says Mr. Ting…

“Jones Lang LaSalle Research Director Colin Yasukochi said he expects sales volume this year to surpass 2006, when $3.6 billion in office property changed hands. More than $8 billion changed hands in 2007, over half of that a huge portfolio of properties which sold twice in six weeks.” ∙ San Francisco building Read More »