Articles Filed Under: Rentals

(248 posts)
Lennar Planning Major Development In The Mission

Lennar Planning Major Development In The Mission

Not to be confused with the modern 40-unit building which has already risen at 1515 15th Street, Lennar Urban has filed a proposal to raze the McMillan Electric building at 1515 South Van Ness Avenue, between 26 th and Cesar Chavez, with plans to construct a 160-unit apartment building on the Inner Mission site which stretches Read More »

Framework To Legalize, But Limit, Airbnb-ing In SF Approved

Supervisor Chiu’s proposed framework to legalize, but limit, short-term rentals in San Francisco has been amended and approved by San Francisco’s Planning Commission.  The framework will now head to San Francisco’s Board of Supervisors to review. While the proposed limit of allowing a unit to be rented for no more than 90 days per year Read More »

Public Registry Of All Short-Term Rentals And Strict Limits Proposed

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

Inevitable Slowdown For S.F. Rents, Acceleration For The East Bay

While the average asking rent for an apartment in San Francisco rose to $3,229 in the second quarter of 2014, up a little over 9 percent since the second quarter of 2013 and 45 percent over the past four years, the vacancy rate for large apartment buildings in San Francisco has increased from 3.8 percent Read More »

Proposal To Regulate Tenant Buyouts, Penalize Those Who Do

As expected, the language for an ordinance which would require the public disclosure of all tenant buyout agreements in San Francisco, and prohibit buildings which are emptied by way of a buyout from being condo converted, has been drafted and proposed. Sponsored by Supervisors Campos and Avalos, if adopted, the “Tenant Buy-Out Agreements” ordinance would: Require landlords Read More »

Tenant Buyouts Are On The Rise In S.F., As Are The Dollars Involved

Tenant Buyouts Are On The Rise In S.F., As Are The Dollars Involved

The number of tenants in rent controlled apartments who received a buyout offer to vacate and sought counseling from the San Francisco Tenants Union has increased from 90 in 2007 to 175 in 2013. While the maximum offer reported to the Tenants Union was $80,000, the average offer was closer to $21,000 with a median Read More »

First Peek At The Plans For Big Mission And Van Ness Development

First Peek At The Plans For Big Mission And Van Ness Development

With San Francisco’s Mayor’s Office of Housing seeking to issue up to $375 million of mortgage revenue bonds to finance Related California’s proposed 1500 Mission Street development which could rise up to 320 feet on the northeast corner of Mission and South Van Ness, the half-block parcel upon which Goodwill currently resides, we get our Read More »

Landlords Suing To Overturn Payout For Evicted Tenants In S.F.

The San Francisco Apartment Association and Coalition for Better Housing are preparing to file a federal lawsuit today which seeks to overturn the newly adopted and accelerated city law which requires landlords in San Francisco who invoke the Ellis Act to pay evicted tenants an upfront sum equal to the difference between their current rent Read More »

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 »