CFAH

Tower May Conflict with Skyline Policy, Alternatives Sought

Tower May Conflict with Skyline Policy, Alternatives Sought

Engineered by Planning and adopted back in 2012, San Francisco’s Transit Center District Plan (TCDP) was designed to limit the number of tall buildings that would rise above the city’s downtown core, with building heights stepping down from the Salesforce/Transbay Transit Center Tower to establish a rolling skyline when... Read More »

Right to Negotiate for Half of Coliseum Site Has Been Awarded

Right to Negotiate for Half of Coliseum Site Has Been Awarded

Oakland’s City Council has granted the Oakland-based African American Sports And Entertainment Group (AASEG) the right to enter into an Exclusive Negotiating Agreement (ENA) for the City’s undivided share of the Oakland-Alameda Coliseum Complex Site. As such, AASEG will have up to two years to reach an agreement for... Read More »

Mortgage Loan Application Volumes Tick Down

Mortgage loan application volumes to either purchase or refinance a home in the U.S. ticked down 2.8 percent on a seasonally adjusted basis over the past week and were down 4 percent in the absolute, with a 5 percent drop in refinancing activity and a 2 percent drop in... Read More »

Nearly $6,000 per Square Foot in Pac Heights, Six Years Ago

Nearly $6,000 per Square Foot in Pac Heights, Six Years Ago

Despite another misreport that’s now making the rounds, while the recent sale of the full-floor unit #6 in the iconic Alta Plaza Apartments building at 2500 Steiner Street was a record-setting price for a unit in the building at $15.5 million, or roughly $4,428 per square foot, it didn’t... Read More »

First Too Big, Now Too Small

First Too Big, Now Too Small

Plans to expand the 2,300-square-foot, detached Nob Hill home which sits on the front of a 3,571-square-foot lot at 1151 Washington Street, adjacent to the Betty Ong Recreation Center’s playground, were drafted back in 2012 when the home sold (for $1.85 million) but have yet to be realized. A... Read More »

Purchase Activity for New Homes in the U.S. Down 15.2 Percent

While mortgage application activity for new home purchases in the U.S. ticked up 6 percent in October, application volumes were down 15.2 percent on a year-over-year basis according to the Mortgage Bankers Association and despite the fact that inventory levels were up 32.2 percent, year-over-year, and holding at a... Read More »

Bonus Plans for Building Up on Clement Closer to Reality

Bonus Plans for Building Up on Clement Closer to Reality

As we outlined early last year, plans to raze the shuttered China Dance School & Theater building on the southeast corner of Clement and 32nd Avenue are in the works. And as envisioned, a six-story building could rise up to 64 feet in height upon the 3055 Clement Street... Read More »

Number of Homes on the Market in S.F. Down 44 Percent, But…

Number of Homes on the Market in S.F. Down 44 Percent, But…

Having peaked last month, the net number of homes on the market in San Francisco has since dropped 19 percent to 1,020 and listed inventory levels are now 44 percent lower than they were at the same time last year. That being said, inventory levels in San Francisco are... Read More »

Counterintuitive Landmarking Slated to Proceed

Counterintuitive Landmarking Slated to Proceed

San Francisco’s Historic Preservation Commission is slated to initiate a formal landmarking of the historic brick building on the southeast corner of Kansas and 15th Streets next week, a designation which could counterintuitively clear the way for the redevelopment of the 90,000-square-foot Takahashi Trading Company complex into office space.... Read More »

Condo Alternative Cottage Slips Further Below Its 2016 Price

Condo Alternative Cottage Slips Further Below Its 2016 Price

As we outlined at the end of last year, the light-filled, one-bedroom cottage at 4353 17th Street, which sits above the Castro in Corona Heights and was purchased for $675,000 in January of 2014, re-sold for $915,000 in November of 2016, representing total appreciation of 35.6 percent over those... Read More »