Sold Together For $9M in ’07, Purchased Apart For $6,766,001 In ’09
As we wrote two weeks ago: Still listed on the San Francisco Association of Realtors’ MLS last week as an “active listing” despite a plugged-in reader’s report that it had…
A Rather Modern Listing (But Really Not So “New”)
Back on the MLS and on tour “as new,” the list price for 297 Cresta Vista Drive is down to $1,290,000. Asking $1,595,000 in June 2008 before being withdrawn that…
The “Unexpected” Drops Spread To U.S. Residential Construction
“Residential construction in the U.S. unexpectedly dropped in October amid concern a homebuyer tax credit would expire , illustrating the market’s dependence on government help to sustain a recovery as…
Modern Ito Design Falls Prey To Modern Berkeley Economics
“A shortage of funds has prompted UC Berkeley to abandon its plan to construct a new Berkeley Art Museum and Pacific Film Archive downtown. The building, a distinctive and innovative…
Putting On The Ritz At 44% Under Original List (And $813 Per Square)
Asking $3,747,500 ($1,453/sqft) when it first hit the market two years ago, a plugged-in tipster notes that the three-bedroom and 2,580 square foot Ritz-Carlton Residences #1102 closed escrow on 11/3…
2342 Broadway Returns Anew, “Green,” And Asking $14,000,000
It’s not yet officially listed inventory, nor is the address even mentioned on the Sotheby’s site. But a few doors down from 2306 and 2310 Broadway, and across the street…
Rincon Center Towers $110M (And Possibly In Default) Debt For Sale
Two years ago the 320-unit Rincon Center Residential Towers (88 Howard) was sold to New York based Capital Properties for $143 million. The purchase was partially financed with a two-year…
The Belli Building NOD And Versus A Different B.A.R. (Builders)
“Perhaps the motivation for this statement was the filed on September 24. Ms. Belli recently (end of August) sold off two units at 481 Clementina. Evidently, she did not raise…
SocketSite’s San Francisco Listed Housing Inventory: 11/17/09
Inventory of Active listed single-family homes, condos, and TICs in San Francisco fell 4% over the past two weeks and is currently running 25% under 2008 levels on a year-over-year…
Plugged-In People Should Have Seen This One Coming A Year Away
“A report released Monday by the controller’s office shows that property tax revenues will likely be $35 million less than anticipated in the 2009-10 fiscal year that began July 1.…