Articles Recently Tagged: The Palms

(10 posts)
SoMa Penthouse Nearly Fetches Its 2007 Price

SoMa Penthouse Nearly Fetches Its 2007 Price

Purchased for $850,000 in January of 2012, the two-story, 1,245-square-foot penthouse unit #827 at The Palms returned to the market listed for $1.399 million this past June. Reduced to $1.299 million and alternatively offered for rent at $5,450 a month, the sale of 555 4th Street #827 has now... Read More »

Plans for a 12-Story, 300-Room Hotel Right Here

Plans for a 12-Story, 300-Room Hotel Right Here

The big plans for either 112 condos or 190,000 square feet of office space to rise up to 11 stories in height upon the auto shop parcels at 565-589 Bryant Street have been scrapped. Instead, even bigger plans for a 300-room hotel to rise up to 12 stories upon... Read More »

Foreclosed upon at the Palms and Back under $1K per Foot

Foreclosed upon at the Palms and Back under $1K per Foot

Purchased for $575,000 ($832 per square foot) in 2006, the buyer of the one-bedroom unit #533 at the Palms (555 4th Street) was in default with over $270,000 in past due payments and fees owed at the end of 2015. Listed for $785,000 ($1,136 per square foot) in May... Read More »

Apples-To-Apples in Central SoMa, including Interest Rates

Apples-To-Apples in Central SoMa, including Interest Rates

Speaking of list price reductions in San Francisco, the asking price for the “rarely available” corner one-bedroom unit #802 on a penthouse level of the Palms at 555 4th Street, a level which is outfitted with gas stoves and Sub-Zero refrigerators, has just been reduced for the fourth time.... Read More »

Looking for a One-Bedroom in SoMa with Parking for 116 Cars?

Looking for a One-Bedroom in SoMa with Parking for 116 Cars?

Car nuts take note, the 953-square-foot one-bedroom #303 at The Palms (555 4th Street) is on market, bundled together with 116 of the parking spaces in the building’s 300-car garage. A couple of things to keep in mind: 1. if you don’t happen to need all 116 spaces, they... Read More »

Plans for Building up Central SoMa behind an Existing Facade

Plans for Building up Central SoMa behind an Existing Facade

Plans to construct a new six-story building behind the existing brick façade of the two-story building at 531-535 Bryant Street, which was built in 1918 and has been flagged as a potential historic resource, have been drawn and submitted to the City for review. The proposed development would rise... Read More »

Bigger Plans For Bryant And Brannan Than Many Might Realize

Bigger Plans For Bryant And Brannan Than Many Might Realize

If you’re already concerned about the proposed eleven-story building to rise at 585 Bryant Street, we have some bad news to share, news which shouldn’t catch any plugged-in readers by surprise. Not only will San Francisco’s Central Corridor Plan likely raise the height limits for development along the entire... Read More »

Big Plans For An Eleven-Story Building To Redefine Bryant Street

Big Plans For An Eleven-Story Building To Redefine Bryant Street

Residents in north-facing condos at the Palms – or fans of the Marina Auto Body shop – take note: plans to raze the auto shops at 565-585 Bryant Street, between 3rd and 4th, have been submitted to planning for review.  And in their place, an eleven-story building is proposed... Read More »

The Palms (555 4th St.): Secondary Market Slowdown And Short Sale

The Palms (555 4th St.): Secondary Market Slowdown And Short Sale

Of the 300 condos at The Palms (555 4th Street), sixteen (16) are currently listed for sale with none currently in contract. Of those sixteen, four appear to be developer sales (through what’s left of the sales office), at least five have been reduced in price, and at least... Read More »

The Palms: Phase II Release

The Palms: Phase II Release

While the sales center at the nine-story, 300-unit Palms is open for business, the first model units are still a couple of weeks away from completion (only hardhat tours at the moment). Regardless, Phase I has sold out (80 units), and Phase II just hit the market (~100 units);... Read More »