Articles Filed Under: Industry Stuff

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Approved Development Downsized, Back in Play

Approved Development Downsized, Back in Play

Purchased for $1.528 million in August of 2016, the rent for the Unique Cleaners building at 820 Post Street was then raised, the business was forced to shutter, and plans to level the building and redevelop its Tenderloin parcel were drafted, refined to include traditional bay windows and a... Read More »

Small Business Eviction Can Kicked Down the Road

With Governor Gavin Newsom having inked an extension of Executive Order N-28-20 last week, which will allow local jurisdictions in California to continue banning the eviction of commercial tenants impacted by the COVID-19 pandemic through March 31 of next year (2021), Mayor London Breed has just authorized a modified... Read More »

Sub-Million Dollar Listing Levels Tick Up in San Francisco

Having hit a 9-year high earlier this month, the number of homes on the market which have been listed for under a million dollars has since ticked up another 15 percent to 640, representing 34 percent of all listed inventory versus 26 percent of the inventory on the market... Read More »

Refined Plans for Building Up Central SoMa

Refined Plans for Building Up Central SoMa

While plans to construct a new six-story building rising up to 65 feet in height behind the brick façade of the two-story building at 531-535 Bryant Street, which was built in 1918 and flagged as a potential historic resource, were drafted and submitted to the City back in 2016,... Read More »

New San Francisco Flower Mart Closer to Reality

New San Francisco Flower Mart Closer to Reality

With the San Francisco Flower Mart Tenants Association having opted to permanently relocate rather than return to a new and improved Flower Mart at 6th and Brannan, once the existing Flower Mart site is completely redeveloped, the refined plans for the new San Francisco Flower Market, between 16th and... Read More »

No Red Flags for Bigger North Beach Project as Envisioned

No Red Flags for Bigger North Beach Project as Envisioned

As we revealed earlier this year: Having never recovered from stated concerns that a proposed four-story hotel to rise on the former Tower Records Annex turned bike rental parcel at 1196 Columbus Avenue, a development which was originally branded and designed to specifically target millennial travelers, would attract “late-night... Read More »

Number of Homes for Sale in San Francisco Jumps

Number of Homes for Sale in San Francisco Jumps

Having ticked up another 8 percent over the past week, the number of homes on the market in San Francisco, net of new sales and contract activity, has jumped over 15 percent since the end of August and crossed over the 1,800 mark for the first time in a... Read More »

Plans to Expand and Convert the Bro’s Building on Stockton

Plans to Expand and Convert the Bro’s Building on Stockton

Designed by Albert Pissis and built to house the Roos Bro’s clothing and gent’s furnishings business back in 1907, the four-story building at 2 Stockton Street, which was most recently occupied by Forever 21 and was once home to Grodins as well, was “streamlined” in the 1930’s and then... Read More »

Number of Reduced Listings Nearing a 10-Year High in S.F.

With the gap between the average list price per square foot of the homes on the market in San Francisco and those which are in contract having doubled over the past month, the percentage of homes on the market with a list price that has been reduced at least... Read More »

Rents in San Francisco Drop Even More, But…

Rents in San Francisco Drop Even More, But…

Having slipped to just under $3,600 last month, the weighted average asking rent for an apartment in San Francisco has since dropped another 5 percent to $3,425, which is now down 20 percent on a year-over-year basis and 23 percent below a 2015-era peak, driven by a sharp increase... Read More »