Articles Filed Under: Rentals

(290 posts)
Historic ‘Steinhart Hotel’ Hits The Market Seeking $27M

Historic ‘Steinhart Hotel’ Hits The Market Seeking $27M

Looking to start a tech commune in San Francisco?  Well, the 57-unit ‘Steinhart Hotel‘ at 952 Sutter Street has just hit the market for $27 million. And according to the listing, 48 of the units could be delivered vacant at the close of escrow. While touting an opportunity to... Read More »

Land Deal For Controversial Oakland Tower Approved

Land Deal For Controversial Oakland Tower Approved

Oakland’s City Council has approved the sale of the East Lake development site at the corner of East 12th Street and 2nd Avenue which overlooks Lake Merritt and its estuary, clearing the way for a controversial 23-story building with 298 apartments to rise. UrbanCore will pay the city $5.1... 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 »

San Francisco’s Median Rent Is NOT $4,225.  Really, It’s Not

The SFGate’s recent report that the median rent in San Francisco has hit “a ridiculous $4,225″ is factually wrong and borderline reckless. From the report: “We already knew the rent was too damn high, even before we published a report this February showing not only that the median for a one... Read More »

Lightning Rod Oakland Tower Vote Postponed

Lightning Rod Oakland Tower Vote Postponed

Oakland’s City Council has postponed their vote which was expected to approve an upscale 23-story residential building to rise on a city-owned parcel at the corner of East 12th Street and 2nd Avenue, overlooking Lake Merritt and its estuary. As proposed by developer UrbanCore, the Lake Merritt Boulevard Apartments... Read More »

Major Mission District Development Racing To Beat A Moratorium

Major Mission District Development Racing To Beat A Moratorium

While the threat of both legislative and ballot-driven housing moratoriums loom, plans to raze the majority of the Mission District block bounded by Bryant, 18th, Florida and 19th Streets and build nearly 300 units of housing across the site could be approved by San Francisco’s Planning Commission in three weeks time. As we... Read More »

Ballot Measure Would Notify Neighbors Of Airbnb Activity

The proposed ballot measure which would limit the short-term rental of any residential unit in San Francisco to a maximum of 75 days a year would also prohibit any in-law unit from ever being offered as a short-term rental and would require the City to notify neighbors of all... Read More »

Legislation To Close Eviction ‘Loophole’ Drafted

The merger or absorption of a non-permitted apartment back into the square footage of an existing house, a tactic which has been employed to re-establish properties as single-family homes in order to circumvent rent control and effectively evict tenants by raising their rents to market rates (or more) in... Read More »

Two Competing ‘Airbnb’ Amendments And Their Impact Report

Two Competing ‘Airbnb’ Amendments And Their Impact Report

The analysis is thin, but the summary table of major differences between the two competing pieces of legislation to amend San Francisco’s new short-term rental law, as prepared by the City’s Office of Economic Analysis to examine the economic impact of each, provides a decent overview. The report’s ‘conclusions’... Read More »

Ballot Measure To Restrict Airbnb Activity In San Francisco Filed

With the battle over how to regulate short-term rentals and Airbnb activity in San Francisco heating up, the text for the threatened ballot measure to amend the law which legalized the practice in San Francisco has been filed with the City’s Department of Elections. The preamble for the measure:... Read More »

Analyst’s Airbnb Findings And Recommendations For San Francisco

Analyst’s Airbnb Findings And Recommendations For San Francisco

According to a new Legislative Analyst’s report, an estimated 25 to 50 percent of all Airbnb listings in San Francisco are for “commercially hosted” units, units which are continuously rented on a short-term basis and never occupied by their owners, “removing housing units that would otherwise be available for... Read More »

Short-Term Rental Scofflaws Hit With $276,000 Fine

Short-Term Rental Scofflaws Hit With $276,000 Fine

Two landlords who employed the Ellis Act to evict tenants from the rent-controlled units and then marketed the apartments as short-term rentals on Airbnb, Homeway and VRBO have been hit with $276,000 in penalties and fees to settle a lawsuit brought by San Francisco City Attorney Dennis Herrera last year.... Read More »

Less Height, More Affordable Housing For Giants’ Project Proposed

Less Height, More Affordable Housing For Giants’ Project Proposed

The San Francisco Giants have reduced the building heights and increased the percentage of affordable housing units for the proposed 28-acre Mission Rock development to rise on the Giants’ current parking Lot A. The revised plan still includes around 1,500 apartments, but 33 percent of the rentals are now... Read More »

Mission Bay Block 7 Update: Timeline And Occupants

Mission Bay Block 7 Update: Timeline And Occupants

The timeline for the groundbreaking of the 200-unit apartment building to rise on the western portion of Mission Bay Block 7, fronting Fourth Street between China Basin and Mission Bay Boulevard North, has slipped by about a month from April to May, but the development remains on-track to be... Read More »

Record High Rents In San Francisco, East Bay Rents Accelerating

The average asking rent for an apartment in San Francisco ticked up to a record-setting high of $3,458 per month in the first quarter of 2015, up 2 percent since the end of 2014 and 13 percent higher versus the same time last year. The average asking rent in... Read More »