Articles Filed Under: New Developments

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Revised Designs for Transforming Potrero’s East Slope

Revised Designs for Transforming Potrero’s East Slope

As a condition of its approval last December, the design of the proposed 251-unit market rate development to transform Potrero Hill’s East Slope known as 1395 22nd Street was to be revised, “to better address the topography of the surrounding neighborhood,” both at present and as relatively soon to... Read More »

Hayes Valley Development Grinds to a Halt, Here’s Why

Hayes Valley Development Grinds to a Halt, Here’s Why

Speaking of new developments in Hayes Valley, if it feels like construction on the 139 condos and grocery store space at 555 Fulton Street has ground to a halt, you’re not mistaken. But until the waylaid exterior glass panels for the building, a custom designed skin which features horizontally... Read More »

New Construction Price Cuts in Hayes Valley

New Construction Price Cuts in Hayes Valley

With the sales office having been open since March and contracts for roughly 60 percent of the 61 condominiums that are finishing up construction at 388 Fulton Street having been signed, prices for the unsold units have just been reduced by up to 6 percent. While the marketing copy... Read More »

San Francisco Rents Slip, East Bay Rents Climb

San Francisco Rents Slip, East Bay Rents Climb

Having inched up by $4 a month in the first quarter of 2016, the average asking rent for an apartment in a building with over 50 units in San Francisco slipped by $25 a month (0.7 percent) to $3,595 in the second quarter of the year, while the asking... Read More »

New Condo Sales in San Francisco down over 30 Percent in 2016

New Condo Sales in San Francisco down over 30 Percent in 2016

We’ve compiled the monthly sales data for new condominiums in San Francisco over the past two years. While it’s not an aggregate statistic which the sales and marketing companies release, total contract signings in the first half of 2016 totaled under 400, down over 30 percent versus the first... Read More »

Price Index for New Condos in San Francisco Turns Negative

Price Index for New Condos in San Francisco Turns Negative

Following a trend we first noticed emerging last year, the price index for new construction condominiums in San Francisco, as compiled by the Mark Company, dropped 3 percent in June and is now running 2 percent lower versus the same time last year, the first year-over-year drop for the... Read More »

Resurrected Plans for a 13-Story Tenderloin Development to Rise

Resurrected Plans for a 13-Story Tenderloin Development to Rise

Approved for a 13-story building with 41 condos to rise up to 130 feet in height on the central Tenderloin site back in 2004, the subsequently condemned three-story office building which had sat at 651 Geary Street since 1912 was finally demolished in 2013, at which point the required... Read More »

Development Deja Vu on Potrero Hill

Development Deja Vu on Potrero Hill

Speaking of Potrero Hill parcels which are approved for development but are on the market rather than preparing to break ground, the 1000 Mississippi Street site, which sits just below the massive public housing site to be redeveloped on the southeastern slope of Potrero Hill, is now being marketed... Read More »

The Rerefined Plans for Razing Home and 60 Rentals to Rise

The Rerefined Plans for Razing Home and 60 Rentals to Rise

The plans for razing the long-shuttered Home restaurant at the Corner of Market and Church and constructing a four to seven-story building on the 2100 Market Street site were approved earlier this year, but with a number of conditions which included a redesign of the previously redesigned project: The... Read More »

Twice as Many Condos on the Market in San Francisco

Twice as Many Condos on the Market in San Francisco

While home sales in San Francisco slowed to a five-year seasonal low last month, new listing activity has remained strong.  And as a result, there are now twice as many condos listed for sale in the city than there were at the same time last year and the most... Read More »