Beleaguered McDonald’s Expected to Be Leveled by July
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…
Details behind the City’s Big Deal for Beleaguered McDonald’s Site
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…
San Francisco Files Suit Against Affordable Housing Scofflaws
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…
Affordable Housing Developers Cashing out on the City’s Dime?
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…
Land for More BMR Units, But Later and Deeper in the Tenderloin
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…
Mission District Development Reimagined: Beauty or Beast?
Facing pushback from the neighborhood and powers that be, developer Nick Podell and team circled back to the drawing board and returned with a “completely reimagined” proposal for the development…
A Two-Bedroom Mission Condo Couldn’t Fetch its Below Market Rate
Nine months ago the Below Market Rate (BMR) deeded two-bedroom condo #403 at 1587 15th Street, “located right in the heart of the vibrant Mission/Valencia corridor” above the former 4505/Belcampo…
Initiative to Require Competitive Bidding for Affordable Housing in SF
In addition to a proposed ballot measure which would double the maximum income one could earn and still qualify for a Below Market Rate (BMR) apartment in San Francisco, the…
Developers Picked For Mission Parcel, Plan To Build Higher Than Zoned
While currently only zoned for building up to 55-feet high and with a parcel size that would support up to 60 units of housing at that height, the two players…
Purchase Of Land To Build $889K Affordable Apartments Approved
San Francisco’s Board of Supervisors has unanimously 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…