Office Rents in San Francisco Slip, Vacancy Rate Inches Up
Having inched up 0.8 percent at the end of 2016 to an all-time high of $69.77 per square foot per year, the asking rent for office space in San Francisco…
Over Asking but a Real $550K Loss at the Infinity
Listed as an “Ultra Rare Super Sized Home at the Infinity” for $2.4 million in early 2015, the two-bedroom unit #5C at 301 Main Street sold for $2.3 million, or…
Positioning San Francisco’s Piers for a Luxury Hotel and Tech Space
With the Port of San Francisco facing a multi-billion dollar challenge with respect to rehabilitating, renovating and re-purposing the city’s piers and over 100 acres of waterfront open space, a…
$10 Million Deal for SoMa Park Land Ready for Board’s Approval
Speaking of public open spaces, parks and land use in SoMa, San Francisco’s Department of Real Estate has negotiated a $9.725 million purchase price for five adjacent buildings at 11th…
Court of Appeal Rules That Children Aren’t Tenants
Reversing a lower court decision, California’s First District Court of Appeal has ruled that minors living in a rental unit with a guardian are “occupants” but not “tenants,” an important…
Future Bayfront Park Newly Rendered, Detailed and Timed
San Francisco’s future 5.5-acre Bayfront Park, which will be bounded by a realigned Terry A. Francois Boulevard and the San Francisco Bay, between 16th Street and Nelson Rising Lane, across…
A Below Market Rate Reduction to under $500 per Square Foot
Purchased as new for $330,000 in 2007, or roughly $409 per square foot, as part of San Francisco’s inclusionary (a.k.a. Below Market Rate or Affordable) housing program, the 807-square-foot, one-bedroom…
Privatization of Public Open Space in SoMa Approved
In the works for over two years, the custom-tailored ordinance to allow the owners of the 31-story Intercontinental Hotel at 888 Howard Street to privatize the two outdoor terraces on…
Battle over Mid-Market Building and Evictions Heats Back Up
The ongoing battle between the remaining residential tenants of the seven-story Sterling Building at 1049 Market Street, which was illegally converted to “live-work” spaces over a decade ago, back when…
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The Real Story behind This $40 Million Spec Home
The $40 million spec home at 2712 Broadway up on Billionaires Row, which the Wall Street Journal profiled yesterday, has actually been on the market for a few months. And…