Articles Filed Under: Rentals

(240 posts)

San Francisco Rents Rise, Oakland Rents Rocket

The average asking rent for an apartment in the Bay Area increased to $2,158 a month in the second quarter of 2014, up 10.3 percent versus the second quarter of 2013. While San Francisco remains the most expensive Bay Area market with an average asking rent of $3,229 per month, up 9.4 percent over the Read More »

Ballot Initiative To Restrict Airbnb Activity Withdrawn

The backers of a ballot initiative to restrict Airbnb’s operations in San Francisco have withdrawn their proposed measure despite having claimed to have gathered over six thousand more signatures than necessary to qualify their measure for this November’s ballot. The proposal’s backers “will instead work through the legislative process,” according to the Chronicle, and will likely Read More »

Mid-Market Fireworks: Rendering Flash And Rocketing Rents

Mid-Market Fireworks: Rendering Flash And Rocketing Rents

Shorenstein is pushing forward with the development of 1066 Market Street, a proposed 300-unit building designed by Arquitectonica to rise a narrow twelve stories along Market Street with the bulk of the building a floor or two higher along Jones and Golden Gate Avenue (as rendered above). The proposed development includes parking for roughly 100 Read More »

Plans For 174 Square-Foot Apartments, And The Price

Plans For 174 Square-Foot Apartments, And The Price

If approved, Build Inc.’s proposed “CoLiving” development to rise on a former Central Freeway parcel along Octavia Boulevard will consist of 34 residential suites averaging 174 square feet (273 square feet for the 6 handicap units) over four micro retail spaces along the street. Intended to be constructed off-site in modules by Zeta Communities and Read More »

Bill To Freeze Ellis Act Evictions Rejected By Housing Committee

Senator Mark Leno’s proposed bill to curb speculative Ellis Act evictions in San Francisco has been rejected by the State Assembly’s Housing and Community Development Committee by a vote of 3 to 4. Drafted “to ensure that real estate speculators in San Francisco do not buy rent-controlled property and empty it of long-term tenants,” Senate Read More »

Airbnb By The Numbers In San Francisco

Airbnb By The Numbers In San Francisco

Based on data scraped from Airbnb’s site rather than the service itself, the analysis isn’t perfect and the article doesn’t fully live up to its headline, but the Chronicle’s “Window into Airbnb’s hidden impact on S.F.” piece does provide some interesting nuggets and numbers with respect to Airbnb’s business and growth in San Francisco: Number Read More »

Lease Prohibits Adding Roommates? Perhaps Not For Long

A proposed change to San Francisco’s Administrative Code would allow tenants to pack in more people into an apartment without the risk of an eviction or having to pay more. As proposed by Supervisor Avalos, an amendment to San Francisco’s Administrative Code would prohibit rent increases based on the addition of occupants, even where a pre-existing rental agreement Read More »

Bill To Freeze Ellis Act Evictions Amended, Key Exception Added

As promised, the language of Senator Mark Leno’s bill to curb speculative Ellis Act evictions in San Francisco has been amended.  And while the amendment might not be enough to get the bill passed into law, it would create a key exception for individuals if it does. Drafted “to ensure that real estate speculators in San Francisco do not Read More »

Ballot Measure To Clampdown On Airbnb-ing Moves Ahead

The backers of the proposed ballot measure which would clampdown on illegal short-term rentals and Airbnb’s business in San Francisco by instituting the “Neighborhood Preservation and Public Revenue Recovery Ordinance” have amended the ordinance to eliminate the explicit threat of criminal prosecution and incarceration for scofflaws. The amendment, however, simply removes a bit of duplicative language from Read More »

The Wilson Building Reborn

The Wilson Building Reborn

Built in 1904 and first occupied by the John Breuner Furniture Company, the Wilson building at 973 Market Street withstood the Great Quake in 1906 but was gutted by the accompanying fire. Having since housed various retailers, schools, manufacturers and a Taco Bell, the restoration and conversion of the building into 67 apartments and lofts is Read More »

Welcome to the Neighborhood Preservation and Public Revenue Recovery Ordinance

While Supervisor Chiu moves forward with a proposed amendment to regulate short-term rentals in San Francisco, a more onerous ballot measure designed to greatly limit the “illegal use of housing for tourist accommodations” in San Francisco has been filed with the Department of Elections. The preamble to the proposed measure which would establish the Neighborhood Preservation and Read More »

Law To Restrict Airbnb Rentals In San Francisco Filed

The language for San Francisco Supervisor David Chiu’s proposed law which would lift the outright ban on short-term rentals in San Francisco but establish a new set of rules by which hosts and “Hosting Platforms,” such as Airbnb, would have to adhere or be subject to a penalty of up to $1,000 a day has been drafted Read More »

Bill To Freeze Ellis Act Evictions In SF Headed To Senate Floor

Seeking “to ensure that real estate speculators in San Francisco do not buy rent-controlled property and empty it of long-term tenants” and written to freeze Ellis Act evictions in San Francisco until a landlord has owned a building for at least five years, Mark Leno’s Senate Bill 1439 cleared the Senate Judiciary Committee yesterday in Read More »

San Francisco Rents Hold Steady, Not Cheap But Down From Peak

The average asking rent for an apartment in San Francisco held steady at $3,057 a month in the first quarter of 2014, down 1 percent from a peak of $3,096 in the third quarter of 2013, but still 10 percent higher year-over-year and 38 percent higher than in 2010, according to Cassidy Turley. The average Read More »

Behind The Ballot Measure To Restrict Airbnb’s Business In SF

As we first reported yesterday, a proposed ballot measure to further restrict, or in some cases ban, short-term rentals in San Francisco is expected to be submitted to San Francisco’s Department of Elections today. The proposed initiative would prohibit short-term rentals in neighborhoods which are not zoned for commercial use, would create a public registry Read More »