Articles Filed Under: Industry Stuff

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Price Reductions, and Increases, on the Rise in San Francisco

With new listing activity and inventory levels having plummeted, and the pace of home sales having sharply dropped, the percentage of homes on the market in San Francisco with at least one official price cut – which doesn’t include properties that were withdrawn from the MLS and then re-listed... Read More »

Prominent Penthouse Fetches at $4.85 Million Price

Prominent Penthouse Fetches at $4.85 Million Price

As we outlined last month: The signature penthouse unit atop the historic Clock Tower Lofts Building at 461 2nd Street hit the market in the second quarter of 2016 with a bit of fanfare and an $8.5 million price tag. Positioned as the “ultimate San Francisco trophy property,” the... Read More »

Co-Living Portfolio on the Market in San Francisco

Co-Living Portfolio on the Market in San Francisco

A portfolio of five “trophy” buildings which have been remodeled and reconfigured by Starcity to yield 72 individually rentable rooms, with shared kitchens and living spaces for the residents, are on the market in San Francisco. According to the offering memorandum, which was prepared prior to the impact of... Read More »

Muted Plans for Proposed Fisherman’s Wharf Hotel

Muted Plans for Proposed Fisherman’s Wharf Hotel

Having faced some pushback from the City’s Planning Department with respect to their proposed approach, as originally rendered above, the plans for a five-level hotel to rise up to 40 feet in height upon on the Northwest corner of North Point and Taylor, upon which the two-story Fisherman’s Wharf... Read More »

Million Dollar Reduction Moves Updated Mission Home

Million Dollar Reduction Moves Updated Mission Home

As we outlined last week: Purchased as a 2,000-square-foot property, “in need upgrading,” for $1.31 million in May of 2018, the single-family home at 1160 Florida Street has since been redesigned by Martinkovic Milford Architects, completely renovated (“no stone has been left unturned”) and expanded to 2,800 square feet... Read More »

The Plans for a Residential Addition Atop This Historic Garage

The Plans for a Residential Addition Atop This Historic Garage

Plans for a 4-story addition to rise atop the historic two-story garage at 1650 Pacific Avenue, which was designed by the O’Brien Brothers and built in 1921, adjacent to Harris’ (which was built in 1919), are in the works. And as envisioned by Feldman Architecture, a “contrasting and muted... Read More »

Charges Against Former Building Commission President Grow

Charges Against Former Building Commission President Grow

As we first reported back in 2018: San Francisco’s City Attorney, Dennis Herrera, has just filed suit against construction engineering firm Santos & Urrutia Associates, its principals and several clients and contractors over “an elaborate scheme” to excavate and expand under multiple San Francisco homes without securing proper permits... Read More »

Mid-Market Infill Tower Closer to Being Entitled, But…

Mid-Market Infill Tower Closer to Being Entitled, But…

The Draft Environmental Impact Report (EIR) for the proposed 27-story infill tower to rise on Nordstrom’s underdeveloped parking lot parcel at 469 Stevenson Street has just been released by Planning and hasn’t raised any extraordinary red flags (other than with respect to a further shadowing of Mint Plaza). While... Read More »

Reports of Illegal Airbnb-ing Back on the Rise in San Francisco

Reports of Illegal Airbnb-ing Back on the Rise in San Francisco

While the number of formal complaints related to illegal short-term rental activity in San Francisco had been on the decline since the second quarter of 2016, following the passage (and eventual enforcement) of San Francisco’s short-term rental law, said decline came to end in the second quarter of last... Read More »

Now Listed for a Million Less in the Mission

Now Listed for a Million Less in the Mission

Purchased as a 2,000-square-foot property, “in need upgrading,” for $1.31 million in May of 2018, the single-family home at 1160 Florida Street has since been redesigned by Martinkovic Milford Architects, completely renovated (“no stone has been left unturned”) and expanded to 2,800 square feet of habitable space, featuring a... Read More »