Cab Company Seeking Legacy Business Status in San Francisco
In a sign of the times with a side of irony, the Luxor Cab Company, which has operated in San Francisco since 1928, has applied for Legacy Business status and…
Infilling Western SoMa
Plans to level the two-story Auto Trust Services building at 255 Shipley Street have been drafted. And as proposed, a modern four-story building designed by Natoma Architects will rise across…
Ghirardelli Mansion Fetches $4.65 Million
Purchased for $4 million in late 2012, the 6,500-square-foot Piedmont mansion at 636 Highland Avenue, which was built for the Ghirardelli family in the early 1900’s, returned to the market…
Plans for First Major Excelsior District Development in Nearly 25 Years
Plans to raze the long-standing Valente Marini Perata & Co. funeral home at 4840 Mission Street have been drawn. And as proposed, a 134-unit development will rise up to six…
Benchmark Mortgage Rate Moves up along with Probability of a Hike
Having ticked down to within 11 basis points of an all-time low last week, the average rate for a 30-year mortgage moved up 5 basis points to 3.47 percent over…
New Condo Sales and Prices Continue to Slip in San Francisco
While the number of new condominium units on the market in San Francisco has ticked up to roughly 1,200, which is over 80 percent higher versus the same time last…
Spillover Demand from SF Slows but East Bay Office Rents Tick Up
Asking rents in Oakland’s Central Business District ticked up 1.2 percent in the third quarter and are now running 20 percent higher on a year-over-year basis while the asking rent…
Plans for Long-Vacant Lombard Street Site Now Closer to Reality
Speaking of former gas station sites and Handel Architects, the designs for a contemporary residential building to rise at the corner of Lombard and Pierce have been drawn. Having sat…
Landmark Firehouse 8 on the Market for $7.35 Million
Built in 1917 and landmarked in 1988, the Russian Hill firehouse at 1648 Pacific Avenue was sold in a city auction for $1.8 million in 2007. The buyers, Gavin Jefferies…
Plans for Another SoMa Hotel with Penthouse Units Above
With the designs for a slender eight-story residential building to rise on the western quarter of the Shell Station site at 300 Fifth Street having been drafted, the preliminary plans…