Articles Filed Under: Rentals

(282 posts)
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 »

Evicted Tenants In S.F. Could Get $50K To Buy A Condo Or House

An amendment which would require landlords to pay Ellis Act evicted tenants in San Francisco a relocation payment of up to $50,000, an amount which would be calculated as the difference between the tenants’ current rent and the market-rate rent for a similar unit over the course of two... Read More »

Ellis Act Legislation, And Rejection, Déjà Vu

For the third time, Senator Mark Leno’s proposed legislation to curb speculative Ellis Act evictions in San Francisco appears headed for defeat, as the Senate’s Housing Committee rejected Senate Bill 364 yesterday in a 6-5 first vote. As we wrote when SB364 was introduced earlier this year: Having fallen... Read More »

Upscale 23-Story Development Approved To Rise Near Lake Merritt

Upscale 23-Story Development Approved To Rise Near Lake Merritt

The plans for an upscale 23-story apartment building to rise on a city-owned parcel overlooking Lake Merritt were approved by Oakland’s Planning Commission yesterday, helping clear the way for the site at the corner of East 12th Street and 2nd Avenue to be sold with a price tag that’s... Read More »

Should Roommates Benefit From A Master Tenant’s Buyout?

Mid five-figure offers for tenants to vacate rent-controlled apartments are not uncommon in San Francisco.  And even six-figure offers have been made (and accepted). A couple of questions from a reader with respect to said buyouts, questions which we’d be willing to bet are based on more than idle... Read More »

400-Foot Tower Dubbed “Jasper,” Leasing This Spring

400-Foot Tower Dubbed “Jasper,” Leasing This Spring

The 400-foot tower rising at 45 Lansing has been dubbed “Jasper.” Originally intended to be developed as a 227-unit uberluxury condo building by Turnberry Associates, the project was redesigned by Crescent Heights, the developers of NEMA, to consist of 320 rental units, including nearly one hundred studios (up from 3... Read More »

Battles Over EV Charging Stations Brewing

Battles Over EV Charging Stations Brewing

Powertree, a local electric vehicle (EV) charging station startup, has lined up over 100 apartment buildings in San Francisco, Berkeley and Emeryville into which it plans to install solar-powered charging stations for residents, the first installation of which is slated for testing in the Mission in about a week.... Read More »

Payouts Of Up To $50K Per Eviction Proposed

While San Francisco’s previously adopted law which required landlords who invoke the Ellis Act to pay evicted tenants an upfront sum equal to the difference between their current rent and a similar market-rate unit over the course of two years was ruled unconstitutional, Supervisors Campos, Kim and Avalos have... Read More »

Listings For Over 6,000 Illegal Rentals In S.F. On Airbnb Alone

As of noon today, there are roughly 6,500 listings for illegal short-term rentals in San Francisco on Airbnb alone. For as of February 1, 2015, unless a residential unit in San Francisco has been registered with the city and received a unique registration number from the Planning Department, it’s... Read More »