Prepare for Multiple Rate Hikes in 2022
With “supply and demand imbalances related to the pandemic and the reopening of the economy” having “continued to contribute to elevated levels of inflation,” which has been rattling the market,…
Common Sense Prevails, Upscale Nob Hill Project Approved
As we outlined back in October, the refined plans for razing the two-story parking garage at 1320 Washington Street and building a six-story, 25-unit building upon the Nob Hill site…
Problems for the Bold New Irish Cultural Center as Proposed
San Francisco’s Planning Department has just completed its preliminary review of the bold plans for an all-new United Irish Cultural Center to rise up to 96 feet in height on…
Inflation in the Excelsior and on the Boards
While plans to raze the 20-foot-tall discount store building at 4550 Mission Street were first drafted back in 2006, the ground has yet to be broken. And the former Woolworth’s…
Asking Rents in Oakland Inch Up
Having held at around $2,400 over the past three months, the weighted average asking rent for an apartment in Oakland has inched up a (1) percent over the past few…
Pace of Home Sales in S.F. Drops, Down Over 20 Percent YOY
The number of homes on the market in San Francisco dropped 11 percent over the past week to 730, which is 42 percent lower than at the same time last…
Historic Addition Further Refined, Recommended for Approval
Having undergone another round of refinements, as newly rendered by Leavitt Architecture below, the plans for a five floor addition atop the historic Key Klub building at 850 Bush Street,…
Bay Area Unemployment Claims Drop to a Pandemic-Era Low
The number of new unemployment claims filed across the Bay Area dropped to 51,484 in October, which was down from 138,831 in September, the fewest new claims since the pandemic…
Haas Penthouse Fetches Less Than 50 Percent of Original List
The 5,180-square-foot “Haas Penthouse” atop 2100 Pacific Avenue, “one of the most important penthouse apartments in San Francisco,” according to its sales agents, with extensive wall space that was positioned…
Parkside Church to Be Razed, Condos to Rise
Purchased for $1.9 million in July of 2019, a permit to raze the one-story Living Water Fellowship building at 2308-2016 Vicente Street has been requested. And as proposed, the Parkside…