Articles Filed Under: Breaking News

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Knock-On Effects of Governor’s Pledge to Slow CA’s High Speed Roll

Knock-On Effects of Governor’s Pledge to Slow CA’s High Speed Roll

With Governor Gavin Newsom’s apparent pledge to significantly reduce the scope of California’s high-speed rail (HSR) project, dismissing the current feasibility of connecting San Francisco to Los Angles while touting a limited run between Bakersfield and Merced to avoid an abandonment of the project overall, the potential knock-on effects... Read More »

The Fed Signals Future Rate Hikes Are on Hold

In a move which shouldn’t catch any plugged-in readers by surprise, the Federal Reserve not only failed to raise interest rates today but signaled a more “patient” approach in its adoption of any future hikes. Despite the Fed having previously signaled expectations for two rate hikes this year, traders... Read More »

Mission District Institution Closing, Corner Buildings for Sale

Mission District Institution Closing, Corner Buildings for Sale

As we first reported last year, Lucca Ravioli’s detached parking lot parcel at 1120 Valencia Street was on the market in the Mission and has since sold to a developer with plans for a five-story development to rise on its mid-block site. As we noted at the time, “yes,... Read More »

The Grand Plan for the Development of Oakland’s Downtown

The Grand Plan for the Development of Oakland’s Downtown

While San Francisco is now engaged in a legal battle over its recently approved, and rather significant, plan for reshaping and densifying the San Francisco’s downtown-adjacent district known as Central SoMa, the City of Oakland has just released the “preliminary draft” of its Downtown Oakland Specific Plan (DOSP), a... Read More »

Multiple Lawsuits Target San Francisco’s Central SoMa Plan

Multiple Lawsuits Target San Francisco’s Central SoMa Plan

As expected, a couple of lawsuits challenging San Francisco’s recently approved Central SoMa Plan have just been filed in San Francisco’s Superior Court and more could soon follow. The first two suits, one of which was filed by the Yerba Buena Neighborhood Consortium (Todco) and another by a local... Read More »

The Fed Raises Rates, Signals Two More Hikes in 2019

As projected, the Federal Reserve has just raised its benchmark Federal Funds rate, upping its target range by another 25 basis points to between 2.25 and 2.5 percent, while signaling expectations for two more quarter-point increases in 2019, down from a previously expected three. The Fed dropped the benchmark... Read More »

Cause of Transit Center’s Cracks and Proposed Fix Revealed

Cause of Transit Center’s Cracks and Proposed Fix Revealed

The forensic engineering team (LPI) engaged to identify the root cause of the two fissures/fractures which caused the emergency closure of San Francisco’s new Salesforce Transit Center, a month after it opened, has reached a preliminary conclusion and a possible fix has been drafted. According to the team, the... Read More »

City Attorney Intends to Tag Couple for Affordable Housing Fraud

City Attorney Intends to Tag Couple for Affordable Housing Fraud

Back in 1999, Caroline Novak appears to have fraudulently purchased a below market rate (BMR) condo at 300 Beale Street, having failed to disclose that she already co-owned property in San Mateo which would have disqualified her from participating in San Francisco’s BMR program. Having paid $178,500 for the... Read More »

Oakland A’s Reveal BIG Plans for Waterfront Ballpark and More

Oakland A’s Reveal BIG Plans for Waterfront Ballpark and More

The Oakland A’s have just released their detailed plans for building a new 34,000-seat baseball stadium on the city’s 55-acre Howard Terminal site, adjacent to Jack London Square. As designed by Bjarke Ingels Group (BIG), an elevated park would frame the ballpark’s bowl, “coming down to meet the waterfront”... Read More »

Mid-Term Election Turnout Will Be over 70 Percent in San Francisco

Mid-Term Election Turnout Will Be over 70 Percent in San Francisco

As of this afternoon, 252,845 of the ballots cast by San Francisco voters in this past Tuesday’s election have been tallied, which equates to 50.5 percent of the potential 500,516 votes, as newly mapped by precinct turnout above. But with around 124,000 vote-by-mail or provisional ballots that have yet... Read More »