Apples-to-Apples Versus Index for a Coveted One-Bedroom
Purchased for $1.025 million in June of 2015, the “coveted corner one-bedroom” unit #807 in the One Rincon Hill tower at 425 1st Street returned to the market priced at…
Three Points for a Coveted Two-Bedroom With Views
Having hit the market priced at $1.95 million in March, a price which was subsequently reduced to $1.835 million in May, the sale of the “coveted” south-east corner unit #1902…
Rincon Hill View Condo Nearly Fetches its 2016 Price
Purchased for a little over a million ($1,007,000) in January of 2016, the “exceptional” 710-square-foot, one-bedroom view condo #4905 atop One Rincon Hill returned to the market listed for a…
The Economics of a Rincon Hill Condo and Reality Check Redux
As we originally outlined back in the third quarter of 2015: Purchased for $700,000 in 2012, or roughly $1,150 per square foot, the one-bedroom One Rincon Hill condo #4404 was…
Rincon Hill Penthouse Fetches 4.7 Percent over Its 2014 Price
Purchased for $3.535 million at the end of 2014, prior to which it had been listed for rent at $18,000 per month, the three-bedroom, three-bath penthouse unit #5204 atop One…
Another Tower in S.F. Sees Premature Deterioration, Files Suit
While not nearly as serious as the lawsuits related to the sinking Millennium Tower, a lawsuit seeking damages for the “premature and unreasonable deterioration” of the 55-story tower at 425…
Possible Site for another Rincon Hill Tower in Play
Built in 1930, prior to which a number of residential buildings had resided on the Rincon Hill site, the two-story industrial building at 511 Harrison Street has served a number…
The Economics of a Rincon Hill Condo and Reality Check
Purchased for $700,000 in 2012, or roughly $1,150 per square foot, the one-bedroom One Rincon Hill condo #4404 was listed as a rental for $3,800 in mid-2014 and actually rented…
One Rincon’s Second Tower In Contract, Likely Going Condo
With less than half the tower’s 298 units currently occupied despite having started leasing in early 2014, One Rincon Hill’s northwest tower is reportedly in contract to be sold for…
Has A Million Really “Vanished” From The SoMa Community Fund?
According to the city, $925,666 appears to have “vanished” from the South of Market Community Stabilization Fund, money which was earmarked to fund improvements to local parks and pedestrian safety.…