Update: Hotel Condo Conversions
Instead of an outright ban on condo conversions for hotels with over 50 rooms, Supervisor Peskin has agreed to amend his legislative proposal to create an 18-month ban on condo…
SocketSite’s Bay Area Agent Pageant
Damn it! We weren’t planning on announcing this until next week, but those type-a innovative New Yorkers at Curbed just forced our hand… Have you ever noticed how often property…
Here We Go Again
Remember last May when we first suggested you take a look at the Spring PMI Risk Index? And then how two months later Kiplinger’s finally gets around to publishing a…
Sales Activity: National Versus Local
According to the National Association of Realtors, national existing home sales came in at a record setting annual pace of 7.33 million homes as measured in June. And according to…
Home Depot Almost Home?
Next week Home Depot is headed back in front of the Planning Commission. Having signed a lease for the old Goodman Lumber location at 491 Bayshore Blvd. over five years…
Fairmont Furor
Apparently the owners of the 591-room Fairmont Hotel are considering a condo conversion of 226 rooms in the tower annex into 60 housing units. According to the owners group, “The…
199 New Montgomery: Update
It’s been six days since we last reported on 199 New Montgomery unit #1501 and once again the price has been “Reduced!!”. Somehow that original 1.2% reduction failed to generate…
Flipping The Bank Of America Building
Last year, San Francisco’s Bank of America Center was sold to a group of New York investors for $825 million. Now, according to the New York Times, “the 52-story reddish-brown…
San Francisco Population Drops 4.2%
According to a report just released by the Census Bureau, the population of San Francisco declined 4.2% (or 32,000 people) from April 2000 to July 2004. According to CNN, “Hurt…
Mid-Market Development “Breaking” News
A city plan to redevelop Market Street between Fifth and 11th is in front of the Planning Commission for approval this evening (6pm). Apparently it’s been in the works for…