Articles Recently Tagged: Twitter

(13 posts)
Twitter Won’t Be Expanding Into “1 Tenth”

Twitter Won’t Be Expanding Into “1 Tenth”

The ten-story building at 875 Stevenson Street was constructed as an expansion of the San Francisco Mart and Western Merchandise Exchange building at 1355 Market Street in 1975. Recently re-skinned and redeveloped as part of Shorenstein’s Market Square development, and with plans for a 35-foot skybridge to be built... Read More »

Google Expands San Francisco Footprint By Over Fifty Percent

Google Expands San Francisco Footprint By Over Fifty Percent

With an estimated 2,500 employees in the city, behind Salesforce with an estimated 4,000 and ahead of Twitter with an estimated 1,500, Google is the second largest tech employer in San Francisco. And while rumors of Google’s move to secure either the Transbay Tower (now Salesforce Tower) or Salesforce’s... Read More »

Twitter Drops 18 Percent As Lockup Expires And Selling Spikes

Priced at $26 a share, Twitter stock started trading around $45 in November and closed its first day of trading at $41.65. Having reached a high of $73.31 in December, Twitter opened today at $35.61 and closed at $31.85, down nearly 18 percent as the lockup period for insiders... Read More »

San Francisco’s “Twitter Tax Break” Zone

San Francisco’s “Twitter Tax Break” Zone

While the so-called “Twitter Tax Break” was created with Twitter specifically in mind, and the impact of which Supervisor Campos is formally calling into question, the defined area within which businesses can claim the payroll tax exclusion extends well beyond the Market Square building between Ninth and Tenth in... Read More »

Supervisor Calls For Formal Review Of The “Twitter Tax Break”

Supervisor Calls For Formal Review Of The “Twitter Tax Break”

With chants of “Twitter you’re no good, pay your taxes like you should” emanating from the lips of protesters in front of San Francisco’s City Hall this week, Supervisor David Campos has requested a formal hearing to review the impact that the 2011 legislation which created the Mid-Market tax... Read More »

A Giant Elk Paid $5,550,000 For The Noe Valley Firehouse No. 44

A Giant Elk Paid $5,550,000 For The Noe Valley Firehouse No. 44

Briefly on the market for $5,250,000 this past September, the converted Noe Valley Firehouse at 3816 22nd Street quickly sold for $5,550,000 or $955 per square foot and the buyer was an extinct giant elk. Okay, so the buyer wasn’t actually an extinct giant elk but rather the “Megaloceros,... Read More »

Price For Potrero Hill Compound Cut Another 13% After Twitter IPO

Price For Potrero Hill Compound Cut Another 13% After Twitter IPO

Listed for $5,995,000 this past June, the price tag for the Potrero Hill compound on the corner of Mariposa and Utah was cut to $4,995,000 in September. Last night, the list price for the 6,645 square foot former art school building at 2255 Mariposa Street which was remodeled and... Read More »

The Buyer Who Swiped 830 El Camino Del Mar For $9,990,000

The Buyer Who Swiped 830 El Camino Del Mar For $9,990,000

As we first reported in March: It would appear as though 830 El Camino Del Mar quietly sold for $9,990,000 last month with a listing that was “withdrawn” a week its before closing and unreported on the MLS. As plugged-in people know, the Sea Cliff home had been listed... Read More »

Mid-Market’s Newest Secret Garden

Mid-Market’s Newest Secret Garden

Speaking of the reincarnation of 1355 Market Street, a plugged-in tipster captures Twitter’s rooftop garden which has been rising atop the building. In the words of our tipster who lives across the street in Fox Plaza, “I can tell you that the wind can be fierce, so I don’t... Read More »

The Tweet Reincarnation Of 1355 Market Street

The Tweet Reincarnation Of 1355 Market Street

With Twitter having signed on as the anchor tenant, Shorenstein is moving forward with their makeover of the Western Furniture Exchange & Merchandise Mart at 1355 Market Street, the 11-story Mid-Market building they’re re-branding along with 875 Stevenson Street as “Market Square.” Proposed exterior renovations to be presented to... Read More »

Twitter Central Market/Tenderloin Tax Break Vote This Afternoon

The proposed ordinance “amending Article 12-A of the Business and Tax Regulations Code by adding Section 906.3 to establish a payroll expense tax exclusion for businesses located in the Central Market Street and Tenderloin Area,” unfortunately better known as the Twitter Tax Break, is on the agenda for San... Read More »

It’s Game On With A Hand Out As Zynga Demands Tax Breaks As Well

It’s game on with one hand out and another in a fist as Zynga follows Twitter’s lead and threatens to move its highly paid employees to Silicon Valley unless San Francisco grants the company a payroll tax waiver on employee stock option gains. In a meeting last week that... Read More »

Twitter Intent On Moving To Market Square Assuming Tax Break

Twitter Intent On Moving To Market Square Assuming Tax Break

While the CityPlace parcels are in default, Twitter has signed a Letter of Intent to move to Market Square, the million square foot former wholesale furniture mart at 1355 Market Street which Shorenstein Properties acquired for roughly $110 million earlier this month. Twitter’s lease is contingent on San Francisco’s... Read More »