Office Rents Hit a Record High in SF but Barely Budged Last Year
Having slipped for the first time since 2010 in the third quarter of last year, the average asking rent for office space in San Francisco inched up 0.8 percent in…
How Not to Hide a Hacker Hostel in SF
Speaking of illegal group housing setups in San Francisco, if you’re arguing that your property isn’t actually being used as an un-permitted “hacker hostel,” the second complaint for which was…
Judge Backs Law That Could Ban Majority of Airbnb Rentals in SF
A federal judge has rejected the arguments of Airbnb and HomeAway that their online listings and subsequent transactions are protected by the First Amendment and Federal Communications Decency Act, upholding…
Twitter Shedding Space for 1,400 Employees
Twitter is seeking to “immediately” sublease the entire seventh floor of its Mid-Market headquarters at 1355 Market Street, along with the entire fourth, fifth and sixth floors in the adjacent…
Vast Majority of Hometown Airbnb Hosts Remain Scofflaws
According to Airbnb, there are nearly 9,500 listings for short-term rentals in San Francisco on Airbnb alone, listed by 7,046 unique hosts. According to the City, it has received a…
San Francisco Office Rents at All-Time High but Acceleration Slows
The average asking rent for office space in San Francisco hit a record high of $68.14 per square foot at the end of 2015, surpassing the dot-com record of $66.00…
LinkedIn’s Tumble Could Roil the Market in San Francisco
Back in 2014, when LinkedIn pre-leased the entire 450,000-square-foot building at 222 Second Street that’s slated to open its doors later this year with room for up to 2,500 employees,…
Plans to Expand Former Liquor Warehouse to Serve More Tech
Recently renovated along with the adjoining three-story warehouse building which is currently home to Weebly, Sierra Maestra Properties has quietly drafted plans to add five new floors of office space…
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Multi-Million Dollar Price Cut For Luxury Faraday Cage With Views
Listed for $8.6 million in May and reduced to $7.6 million in early October, the asking price for the full-floor Pacific Heights cooperative apartment which was taken down to the…
Square Prices at 42 Percent Below Last Private Round
In an attempt to engineer a big post-offering pop, and avoid an infectious fizzle, Square (SQ) priced its shares, which will start trading Thursday, at $9 apiece. The $9 price…