Say Goodbye To Sinbad’s And The Lagoon
The operators of Sinbad’s Restaurant have lost their lawsuit intended to extend their four decade stay on Pier 2, a move which they’ve known about for years and a site…
A Million More In Bernal Over The Past Four Years
Purchased for $1,605,000 in October 2012, having first sold for $1,375,000 in January of 2011, the contemporary Bernal Heights home at 1755 Alabama Street returned to the market last month…
Refined Designs And Timing For Development Fronting Fourth
The designs for the mixed-use development to rise at 1300 Fourth Street (a.k.a. Mission Bay Block 6 East), with 142 affordable apartments and a managers unit over up to seven…
Average 30-Year Mortgage Rate Drops Back Below 4 Percent
Having ticked up to 4.09 percent two weeks ago, the highest rate so far this year, the average rate for a 30-year mortgage has dropped to 3.98 percent, versus 4.12…
Legislation Could Prohibit Evictions, Freeze Rents For Vacant Units
In addition to prohibiting rent increases or evictions based on adding new roommates to an existing tenancy, even when an existing lease specifically disallows new occupants or specifies an associated…
Bank Aims To Double Its Money On Tenderloin Foreclosure
Purchased for $308,000 in 2005, the 520-square-foot studio #1006 at The Hamilton (631 O’Farrell) in the Tenderloin was remodeled with marble counters and new cabinetry in the kitchen. And in…
Purchase Of Land To Build $889K Affordable Apartments Approved
San Francisco’s Board of Supervisors has unanimously approved the City’s $18.5 million purchase of the corner parcel at 490 South Van Ness Avenue and 16th Street in the Mission, a…
Pending U.S. Home Sales Index Slips From Nine-Year High
Having hit a nine-year high in May, the National Association of Realtors Pending Home Sales Index slipped 1.6 percent in June. The index, for which 100 denotes an average level…
Church Sues To Block Sale Of Low-Income Housing To A Developer
A request for a court order to prevent the sale, and possible redevelopment, of Fredrick Douglas Haynes Gardens, a 104-unit complex for low-income residents which spans half a block bordering…
Evictions Are Up In San Francisco, As Are Reported Buyout Amounts
Over the past four months, tenants of 47 rent-controlled apartments in San Francisco have negotiated buyouts to vacate their units, with an average payout of $43,000. The highest buyout was…