Articles Recently Tagged: South Beach

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74 Condos Ready to Rise at 72 Townsend Street

74 Condos Ready to Rise at 72 Townsend Street

With the building permits to add seven stories and seventy-four condos atop the existing 31-foot warehouse at 72 Townsend Street quietly reinstated at the end of 2012, the project has been sold to KB Homes which plans to start work next month. The 74 new South Beach condos which... Read More »

The Shoreline Of South Beach: How High Has The Tide Risen?

The Shoreline Of South Beach: How High Has The Tide Risen?

At 1,617 square feet, number 23 is the largest of nine condos in the boutique South Beach building at 41 Federal named Shoreline. Purchased for $1,495,000 six years ago, with three bedrooms, two terraces, and one parking spot, 41 Federal #23 is back on the market and listed for... Read More »

The Price Of A Parking Space In South Beach

Having sold for $65,000 in early 2008, parking spot #142 at 88 Townsend Street resold for $38,000 in October of 2011. Listed for $85,000 last month, the parking spot which can be used or leased by a resident or non-resident of the building, is now in escrow. Read More »

Pier 30-32 Revitalization Act Aims To Clear The Way For The Warriors

Pier 30-32 Revitalization Act Aims To Clear The Way For The Warriors

Pier 30-32 was granted to the City and County of San Francisco by the state in trust “for purposes of commerce, navigation, and fisheries, and subject to specified terms and conditions relating to the operation of the Port of San Francisco.” While the use of Pier 30-32 for a... Read More »

Remodeled with Two Tons of Rock and $400K worth of Steel Work

Remodeled with Two Tons of Rock and $400K worth of Steel Work

With two tons of river rock and $400,000 worth of fabricated steel and glass inside, the Olle Lundberg designed loft #T557 at the ClockTower (461 2nd Street) sold for $1,160,000 in early 2007 having been on the market for $1,195,000 at the time. Listed for $1,399,000 two months ago... Read More »

Newly Proposed Height and Horizontality on Federal Street

Newly Proposed Height and Horizontality on Federal Street

A plan to demolish the two existing office buildings at 77-85 Federal Street and construct a five-story commercial building with a gym on the ground floor and an underground garage with 29 parking spaces has been floated with San Francisco’s Planning Department. While we haven’t seen the proposed design... Read More »

72 Townsend Development Dusted Off and Set to Start Construction

72 Townsend Development Dusted Off and Set to Start Construction

In 2009 the proposed developer of 74 approved units at 64/72 Townsend filed for bankruptcy. And in 2011, the existing office space at 72 Townsend was leased to Federated Media which was expected to delay any development by at least 5 years. The building permits to add seven stories... Read More »

Piers 30-32 Citizens Advisory Committee Members Call Foul

Piers 30-32 Citizens Advisory Committee Members Call Foul

Let’s forget about whether or not the 13 percent rate return the City is proposing to pay the Golden State Warriors (GSW) on their reimbursable rehabilitation expenses for Piers 30-32 makes any sense for a moment. Instead, let’s look at how long it will take the City to repay... Read More »

Another Bank-Owned Sale To Believe At The Brannan

Referenced by a reader at the time we noted the listing of 229 Brannan Street #9J for $919,000 (the price at which it closed escrow this past October having sold for $1,230,000 in 2006 and $980,000 in 2004), the sale of 229 Brannan Street #3A closed escrow last week... Read More »

Believe It (At The Brannan)

Believe It (At The Brannan)

As we reported in August: From the listing when 229 Brannan Street #9J sold for $1,230,000 in September 2006: “Wrapped in luxury, this 2bed, 2 bath unit is a sanctuary in the sky…This is San Francisco living at its finest!” As plugged-in people know, the 1,412 square foot unit... Read More »