Will Tavern On The Green’s Bankruptcy Kill An SF Outpost?
Citing “extreme financial distress brought on by the current financial crisis and the City of New York’s decision not to renew lease,” New York’s Tavern on the Green has filed…
The “Plugged-In(side) Scoop” And Candid Peek Inside: 2550 Webster
The listing photos for 2550 Webster do a nice job of highlighting some of its original detail, but a plugged-in tipster provides a more candid peek inside: Now that I’ve…
The Chronicle Reports “Dozens,” A Plugged-In Source Says Over 100
While the Chronicle reports “dozens more Lembi properties are in play” in addition to the 75 ex-Lembi-owned apartment buildings that have already been given or taken back by the banks,…
Tis’ The Season (September) To Return: 2011 Golden Gate Ave Edition
As we wrote about 2011 Golden Gate Avenue in May: We can’t be certain that it started out as a “flip” (or more accurately a speculative remodel), but 2011 Golden…
How A Mere Ten Percent Drop Becomes A Hundred Plus Percent Loss
From Bloomberg’s story about a spike in “wealthy individuals’” bankruptcy filings related to real estate: “Real estate is an incredible thing on the downside,” said Jason Green, a bankruptcy attorney…
555 Mission: Sequoia’s Penthouse Sublease At 40 Percent Off
Last year Sequoia Capital secured the 14,718 square foot penthouse atop 555 Mission for seven years at a rate of $84 per square foot. According to the San Francisco Business…
San Francisco Listed Sales Volume In August: Down 10% YOY
While sales volume for listed single-family homes in San Francisco fell 5% on a year-over-year basis in August, condo sales volume fell 16.5% (176 transactions in August 2008 versus 147…
201 Folsom: Three More Years To Contemplate And Start Construction
Tishman Speyer has been granted a 3 year extension to start construction on two approved residential towers of “350 and 400 feet above an 80-foot podium, with up to 725…
A Two-Bedroom Palms Short Sale Closes At 33% Under 2006 Price
Purchased for $925,000 in August 2006, asking $895,000 seven months ago and then eventually reduced to a “bank approved price” of $619,000, the sale of The Palms (555 4th Street)…
Party Of Five Eight Move To San Francisco’s Billionaires Row
While the premise of the fictional Party of Five living in a $5 million house might seem a bit difficult to believe (in 1999 dollars no less), how about eight…