Plans to Expand the Historic Mark Hopkins Hotel

Plans to Expand the Historic Mark Hopkins Hotel

Plans to expand the historic InterContinental Mark Hopkins Hotel atop Nob Hill at 999 California Street, which was sold to Leadwell Global Property for $206 million last year, are in the works. As envisioned, the single-story office addition to the south of the hotel’s landmark 19-story tower would be... Read More »

Delivery of New Development Driving the Office Market in SF

Delivery of New Development Driving the Office Market in SF

The average asking rent for office space in San Francisco inched up 0.5 percent in the first quarter of 2018 to an all-time high of $71.40 per square foot per year, which is 2.5 percent above the mark at the same time last year. And the net absorption of... Read More »

Certification of the Central SoMa Plan’s Impact Report Pushed Back

Certification of the Central SoMa Plan’s Impact Report Pushed Back

The public hearing at which San Francisco’s Planning Commission could certify the Environmental Impact Report (EIR) for the City’s ambitious Central SoMa Plan has been pushed back to May 10. The public hearing scheduled for this Thursday, April 12, has been converted into an “informational only” hearing with no... Read More »

Plans to Build Higher on Harrison Closer to Reality

Plans to Build Higher on Harrison Closer to Reality

As we first reported last year, plans to raze the two-story Fast Signs Building on the northwest corner of Harrison and Hawthorne Streets and develop a 14-story residential building, with 118 residential units over a garage for 26 cars, were in the works. And as newly rendered by Ankrom... Read More »

Sex Trafficking Likely Funded Eye-Popping Sale in Pacific Heights

Sex Trafficking Likely Funded Eye-Popping Sale in Pacific Heights

As we noted at the time, the buyer behind that eye-popping sale of 2755 Fillmore Street, which sold for $13.25 million or roughly $2,577 per finished square foot back in 2016, wasn’t a foreign national. In fact, the buyer was Michael Lacey, the co-founder of Backpage.com. This past Friday,... Read More »

Frustration Mounts as Timing for New Transit Center Slips Again

Frustration Mounts as Timing for New Transit Center Slips Again

As we reported last month: While the 5.4-acre rooftop park atop San Francisco’s future Transbay/Salesforce Transit Center is on track to be fully planted, landscaped and construction complete in June, the timing to complete the $2.3 billion building below has slipped anew. Originally expected to be substantially complete at... Read More »

Coveted LEED Condo Listed Below its 2015 Price

Coveted LEED Condo Listed Below its 2015 Price

Listed as “a coveted 1-bedroom + den/office/dining at the ARTERRA, San Francisco’s premiere LEED-Silver luxury residential high rise” in August of 2015, the 851-square-foot unit #604 at 300 Berry Street was in contract within a week and sold for $1.02 million that September. With the owner now moving out... Read More »

Fraudulent Plans, Fines and Penalties in San Francisco

Fraudulent Plans, Fines and Penalties in San Francisco

A special meeting between San Francisco’s Planning and Building Inspection Commissions is being convened this week. The topics of discussion: How demolitions in San Francisco are defined; the rise of fraudulent building plans designed to skirt San Francisco’s Planning Code and/or the Planning Department’s approval process; and the potential... Read More »

Foreshadowing an Eight-Story Development Right Here

Foreshadowing an Eight-Story Development Right Here

While the three storefronts at 1815-1819 Market Street are currently leased to Destino, Izakay Roku and Sushi Zone, Destino’s lease expires in August and the leases for the other two restaurants are set to end in the first quarter of 2020. The 4,480-square-foot parcel at the corner of Pearl,... Read More »

The Most Expensive Home Sale in San Francisco so Far This Year

The Most Expensive Home Sale in San Francisco so Far This Year

While never officially listed for sale on the MLS, the nine-bedroom Presidio Heights mansion at 34 Maple Street, which was designed by Hermann Barth and built for Mary A. Huntington in 1910, quietly hit the market at the end of last year with a $25 million price tag. The... Read More »