Bonus Plans for Building Up Third Street

Bonus Plans for Building Up Third Street

Plans to raze the Philadelphia Church of God in Christ building at 5270/2 Third Street and level the adjacent vacant parcel are in the works. And as newly rendered by MWA Architects, plans for a 5-story building to rise on the merged site near the corner of Williams have... Read More »

Over Asking on Anderson Street (For Reals)

Over Asking on Anderson Street (For Reals)

As we highlighted last month: Having been taken “down to the studs,” completely remodeled and expanded to a little over 2,000 square feet (with four bedrooms, four baths and a panoramic roof deck to boot), the Bernal Heights home at 478 Anderson Street sold for $2.2 million in January... Read More »

Pace of Existing Home Sales in the U.S. Down, Inventory Up

Pace of Existing Home Sales in the U.S. Down, Inventory Up

Having dropped 4.9 percent in March, the seasonally adjusted pace of existing-home sales across the U.S. slipped another 0.4 percent in April to an annual rate of 5.19 million transactions, which is 4.4 percent below the pace as measured at the same time last year, according to the National... Read More »

Planning for Contentious Central SoMa Development Proceeds

Planning for Contentious Central SoMa Development Proceeds

In the works since 2012 and dependent upon the survival of San Francisco’s Central SoMa Plan, at least with respect to its new height limits, the application to proceed with the mass redevelopment of 12 contiguous parcels stretching from 400 Second to 665 Harrison Street has formally been submitted... Read More »

Pace of Home Sales in San Francisco Drops, Inventory Inches Up

While home sales in San Francisco totaled a ten-year low in the first quarter of 2019, the pace of sales turned up at the end of March and April sales will show a year-over-year increase, trends which shouldn’t catch any plugged-in readers by surprise. That being said, the pace... Read More »

Context for a Recent 25 Percent Over Asking Sale

Context for a Recent 25 Percent Over Asking Sale

We first took note of the well-designed unit #1 at 236 States Street back in 2008, a few years before it was marketed as a short-sale near the bottom of the Great Recession, foreclosed upon, and then sold by the bank for $600,000 in early 2012. Having since been remodeled,... Read More »

Major NoPa Redevelopment Slated for Approval

Major NoPa Redevelopment Slated for Approval

In the works since mid-2015, plans to level the Divisadero Touchless Carwash and Roy’s Shell station on the corner of Divisadero and Oak and develop a six-story building upon the 41,000-square-foot site could be approved by San Francisco’s Planning Commission next week. In addition to leveling the corner Shell... Read More »

Bay Area Employment Really Drops, Unemployment Rate as Well

Bay Area Employment Really Drops, Unemployment Rate as Well

While the unemployment rate in San Francisco returned to a record low 2.1 percent last month, the drop was driven by a reduction in the size of the labor force and the number of people living in San Francisco with a paycheck actually decreased by 5,700 to 566,200, which... Read More »

Wiener’s Big Housing Bill (SB 50) Shelved Anew

Wiener’s Big Housing Bill (SB 50) Shelved Anew

Following in the footsteps of Senator Scott Wiener’s original “transit-rich housing bonus” Bill 827 which was killed last year, Wiener’s follow-up bill, Senate Bill 50 (SB 50), which would allow for taller residential buildings to rise near transit and job-rich areas across California, has effectively been shelved by the... Read More »

Another Mission District Addition on the Boards

Another Mission District Addition on the Boards

Technically zoned for Production, Distribution and Repair (PDR) uses, special permission for Gus’s Community Market to open on the corner of Harrison and 17th Street, on the first floor of what is technically the 400 Alabama Street building, was granted back in 2015, as we first reported at the... Read More »