Articles Filed Under: Tech

(52 posts)
Office Rents Hit a Record High in SF but Barely Budged Last Year

Office Rents Hit a Record High in SF but Barely Budged Last Year

Having slipped for the first time since 2010 in the third quarter of last year, the average asking rent for office space in San Francisco inched up 0.8 percent in the fourth quarter and ended 2016 at a record high of $69.77 per square foot per year, up a... Read More »

How Not to Hide a Hacker Hostel in SF

How Not to Hide a Hacker Hostel in SF

Speaking of illegal group housing setups in San Francisco, if you’re arguing that your property isn’t actually being used as an un-permitted “hacker hostel,” the second complaint for which was filed last month, you might not want to prominently feature the property on your HacknSleep website (cheesy muzak alert),... Read More »

Judge Backs Law That Could Ban Majority of Airbnb Rentals in SF

Judge Backs Law That Could Ban Majority of Airbnb Rentals in SF

A federal judge has rejected the arguments of Airbnb and HomeAway that their online listings and subsequent transactions are protected by the First Amendment and Federal Communications Decency Act, upholding San Francisco’s amended Short-Term rentals law which now requires hosting platforms to verify that the units they offer for rent... Read More »

Twitter Shedding Space for 1,400 Employees

Twitter Shedding Space for 1,400 Employees

Twitter is seeking to “immediately” sublease the entire seventh floor of its Mid-Market headquarters at 1355 Market Street, along with the entire fourth, fifth and sixth floors in the adjacent One 10th Street building. The four Market Square floors total over 180,000 square feet of space and represent nearly... Read More »

Vast Majority of Hometown Airbnb Hosts Remain Scofflaws

According to Airbnb, there are nearly 9,500 listings for short-term rentals in San Francisco on Airbnb alone, listed by 7,046 unique hosts. According to the City, it has received a total of 1,647 applications to register as a legal host. And as such, it would appear that roughly 77... Read More »

San Francisco Office Rents at All-Time High but Acceleration Slows

San Francisco Office Rents at All-Time High but Acceleration Slows

The average asking rent for office space in San Francisco hit a record high of $68.14 per square foot at the end of 2015, surpassing the dot-com record of $66.00 per square foot set in the fourth quarter of 2000 by 3.2 percent. And at 5.9 percent, the current... Read More »

LinkedIn’s Tumble Could Roil the Market in San Francisco

Back in 2014, when LinkedIn pre-leased the entire 450,000-square-foot building at 222 Second Street that’s slated to open its doors later this year with room for up to 2,500 employees, its stock was trading around $175 per share. As a plugged-in reader wrote at the time: “For tech companies... Read More »

Plans to Expand Former Liquor Warehouse to Serve More Tech

Plans to Expand Former Liquor Warehouse to Serve More Tech

Recently renovated along with the adjoining three-story warehouse building which is currently home to Weebly, Sierra Maestra Properties has quietly drafted plans to add five new floors of office space atop the single-story portion of the building at 462 Bryant Street. As proposed, the existing 3,500 square-foot mezzanine within... Read More »

Multi-Million Dollar Price Cut For Luxury Faraday Cage With Views

Multi-Million Dollar Price Cut For Luxury Faraday Cage With Views

Listed for $8.6 million in May and reduced to $7.6 million in early October, the asking price for the full-floor Pacific Heights cooperative apartment which was taken down to the studs and turned into a luxury Faraday cage with views has just been reduced by another $1.9 million (25... Read More »

Square Prices at 42 Percent Below Last Private Round

In an attempt to engineer a big post-offering pop, and avoid an infectious fizzle, Square (SQ) priced its shares, which will start trading Thursday, at $9 apiece. The $9 price is 18 percent below the low-end of the expected range and 42 percent below the $15.46 price at which... Read More »