San Francisco real estate tips, trends and the local scoop: "Plug In" to SocketSite™
“Supervisor Ross Mirkarimi introduced legislation that would require the one-for-one replacement of any demolished housing units. The proposed law, introduced Tuesday, was inspired by the recently approved Drew School expansion.”…
From the Chronicle with respect to Mirant’s potrero hill power plant between 22nd and 23rd Streets off of Third: San Francisco’s dirty power plant on the eastern waterfront would shut…
“Commercial property is “certainly going to be a significant drag” on growth, said Dean Maki, a former Fed researcher who is now chief U.S. economist in New York at Barclays…
“The old Ortega Branch Library in the Sunset district is coming down, after an appeal to save the building failed.” (That’s the new design above and below.) ∙ Library appeal…
“The Obama administration is considering an overhaul of Fannie Mae and Freddie Mac that would strip the mortgage finance giants of hundreds of billions of dollars in troubled loans and…
“A committee hearing into the planned construction of a $190 million super-green San Francisco Public Utilities Commission headquarters will be postponed, after officials decided to add $47.4 million in additional…
“ is emblematic of a major force currently propelling the real estate market: investors and speculators snapping up foreclosed homes. Along with first-time buyers, they are a primary source of…
“Rental security deposits held by were funneled into an array of bank accounts and plundered, potentially affecting thousands of tenants, according to lawsuits.” ∙ Lawsuit alleges CitiApartments drained tenant deposit…
“Very hush-hush talks going on for the Museum of Modern Art to expand into San Francisco’s Fire Station No. 1 on Howard Street – with speculation that SFMOMA would use…
“Hines and Sterling American Property will give 333 Bush St. back to lenders Brookfield Real Estate Finance and Munich Hypo Bank, according to a statement from Hines executives.” (Hines, Sterling…