While the Mayor’s Office of Housing and Community Development is now seeking a qualified team to build affordable housing on the fenced corner parcel at the corner of 7th and Brannan (which was conveyed to the City in 2014 and has been sitting vacant since early last year), it’s... Read More »

Conveyed to the Mayor’s Office of Housing and Community Development back in 2014, in lieu of providing below market rate (BMR) units within the new One Henry Adams and 801/855 Brannan Street buildings which were completed last year, the City is now seeking a qualified team to secure financing... Read More »

As we first reported earlier this year: It was back in 2015 that San Francisco’s Board of Supervisors approved the City’s $18.5 million purchase of the corner parcel at 490 South Van Ness Avenue and 16th Street in the Mission, a site which was approved for the development of... Read More »

It was back in 2015 that San Francisco’s Board of Supervisors approved the City’s $18.5 million purchase of the corner parcel at 490 South Van Ness Avenue and 16th Street in the Mission, a site which was approved for the development of a seven-story, 72-unit building and which the... Read More »

The proposed purchase agreement for the City’s acquisition of the beleaguered McDonald’s at the corner of Stayan and Haight Streets, which includes the entirety of the restaurant’s parking lot which stretches to Waller Street, has been approved by the new Mayor of San Francisco, Mark Farrell. The effective purchase... Read More »

As part of the purchase agreement for the beleaguered McDonald’s at the corner of Stayan and Haight Streets, the City of San Francisco will have 60 days to demolish, raze and remove the existing building on the site, a task for which $200,000 has been budgeted. And with the... Read More »

While originally expected to cost the city around $10 million, an agreement for the City of San Francisco to purchase the beleaguered McDonald’s at the corner of Stayan and Haight Streets for $15.5 million has been drafted, a purchase agreement which includes the entirety of the restaurant’s parking lot... Read More »

Catherine Bailey bought a below market rate (BMR) condominium at 888 7th Street for $270,500 back in 2008. And at the time of her purchase, Bailey signed an affidavit acknowledging that she could not rent the unit “in part or whole without written approval from the Mayor’s Office of... Read More »

Without pointing fingers or naming names, Supervisor Mark Farrell has drafted legislation which would specifically require that any and all proceeds generated from the refinancing or sale of an affordable housing development in San Francisco, which was supported in whole or in part by taxpayer funds, shall only be... Read More »

Rather than including 36 below market rate (BMR) units within the walls of its 304-unit development to rise at 1066 Market Street, or paying a $17.7 million in lieu of fee, Shorenstein Properties is now seeking permission to buy and dedicate the former Post Office property at 101 Hyde... Read More »