SF News Breed Proposes Yet Another Incentive to Convert Offices to Housing, as No One’s Been Jumping on Previous Incentives Mayor Breed is pushing a new proposal to eliminate an estimated $70,000 and $90,000 per unit in costs to convert downtown office space to housing, as developers aren’t really biting on previous conversion incentives.
Business & Tech Google Is Bailing From Its Offices at Trophy SF Building One Market Plaza A prize tenant is leaving a prized property at the luxe waterfront offices of One Market Plaza, as Google is reportedly vacating its 300,000 square feet of the property when the lease expires next year.
Business & Tech Empty Office Building at Sixth and Market, Which Last Sold for $62 Million, Sells for Just $6.5 Million The 955 Market Street building that was once home to Burning Man headquarters, and then a whole bunch of WeWork offices, is now empty and just sold for a measly 10% of the price it fetched in 2016.
SF News City of SF Taking Over Lease for Five Floors of the Former Uber Headquarters, May Buy the Whole Building It’s like a 180-degree turn from the “Twitter Tax Break” days, as the City of San Francisco is grabbing office space in the 1455 Market Street building that used to be headquarters to Uber and Stripe, with an option to buy the whole building.
Business & Tech Yahoo, of All Companies, Is Scooping Up SF Office Space In a Big SoMa Sublease Deal Yahoo may be considered a dinosaur among tech firms, but they’re one of the few companies that’s buying SF office space instead of unloading it, and they just scooped up an available floor at Third and Folsom streets.
SF News Historic Warfield Building Moves Forward Toward Residential Conversion; Eight Other Downtown Buildings Could Follow While we still may be years out before we see lots of residential units hit the market in former downtown office buildings, at least eight landlords of downtown buildings are putting out feelers about converting — and the developer behind 100 Van Ness is eyeing a big building on Spear Street.
SF News Developer Wins Bid to Nix Tennis Courts From SoMa Tennis Club Redevelopment The one-time SF Bay Tennis Club has been razed to the ground, and after a new developer promised and then backed out of a promise to put tennis courts on their forthcoming project, the SF Planning commission approved the no-tennis-court version Thursday.
Business & Tech Pinterest Offloading Yet Another Office Building In SoMa, This Time at Fourth And Brannan Streets Another office space haircut for a downtown SF tech firm, as Pinterest is bailing on 505 Brannan Street ten years before the lease is up, following rounds of layoffs in both December and February.
Business & Tech Meta Looking to Offload All Of Its Office Space at 181 Fremont Adding to the already historic level of office vacancy in San Francisco, Meta is looking to dump 435,000 square feet of offices that it leased for Instagram employees five years ago in 181 Fremont.
Business & Tech There Are Currently 15 Salesforce Towers Worth of Empty Offices In San Francisco You've been hearing for over a year from the businesses downtown that used to host busy lunch crowds and happy hour hordes that the area is a ghost town most days. But it's not just because the companies that are still there are letting everyone work from home.
Business & Tech Meta Is Downsizing Its Offices, Prefers to Call This ‘Vibe Planning’ Amidst a hiring freeze and a plummeting stock price, Meta says it is downsizing and rearranging its offices, a process they bizarrely refer to as "vibe planning."
Business & Tech Slack Lets Go Of Its Entire Office Space at 45 Fremont Three Years After Leasing It Slack, the workplace messaging tool that allows one never to have to physically be in the workplace but also allows one to never actually stop working, is giving up its physical workplace in SoMa.
Business & Tech SF Tech Companies Losing Hundreds of Millions on Office Space They Can’t Rent Dropbox alone dropped more than $400 million on empty downtown office space, as tech companies all over the Bay Area are bleeding billions to rent office spaces that are just cold sitting totally empty.
Business & Tech SF No Longer the Top City for Tech Industry Office Space Leasing, Knocked Down Several Notches San Francisco is now No. 6 in an annual study where we'd perennially ranked No. 1, as we fall from the top five in terms of how much office space the tech industry is leasing here.
SF News Twitter Lists More Than 1/4 Of SF Headquarters For Sublease Correction: This post originally stated that the portion of Twitter offices for sublease represented a quarter of the company's space in San Francisco overall. In fact, the figure is greater than that, though
SF News It's Official: This Boom Is Bigger Than The Last Boom, At Least For Office Space In the past three years alone, as the Chron is reporting via a new report by CB Richard Ellis, tech companies have leased 40% more office space than in the entire five-year period
Arts & Entertainment 'Office Space' Creator Mike Judge Filming HBO Pilot In Silicon Valley Mike Judge, creator of the original office slacker comedy, will be in Palo Alto today filming scenes for a new HBO pilot about life in the strike-it-rich, startup world of Silicon Valley. After
SF News Yelp Claims Space in Historic Pacific Telephone Building The historic, Art Deco Pacific Telephone & Telegraph building at 140 New Montgomery is undergoing a major renovation as we speak, and they just signed their first major tenant: Yelp. As the Chron
SF News Salesforce.com May Not Build Enormous Mission Bay Campus After All Salesforce.com just dropped a bombshell on the Mayor's office, announcing that they are indefinitely suspending plans for that enormous, 14-acre office campus in Mission Bay. Instead, company officials say they are focusing
Arts & Entertainment That Big Empty Church In SoMa Will Become Office Space St. Joseph's Church, which has stood empty since suffering damage in the Loma Prieta quake a little over 22 years ago, is finally going to get put back to use as the market
misc Photos: Twitter's New Office Moving out of the LoRi (Lower Outer Rincon Hill)/South Park neighborhood, the folks at Twitter moved up Third Street to a sweeter, swankier pad. CEO Ev Williams's wife, Sara Morishige, reportedly aided
Arts & Entertainment SFist Finds: Passive-Aggressive Note Submit your Bay Area finds to found [at] sfist [dot] com or tag them sfist and found on Flickr! Let us know when and where you found the item and any other helpful
SF News RagoneWatch (A Day Late) Here's our Caption Action entry for the picture above! Oscar winner Al Gore, Oscar-less Leonardo diCaprio, and our pick in the pool for Best Supporting Actor (in the role of John Nelson), Peter
Arts & Entertainment SFIFF: <i>Executive Koala</i> Um, we're still trying to figure out what we thought of the Japanese movie , which was screened as part of the SFIFF's Late Night series. Maybe if we'd had more of the Stella
Arts & Entertainment Noise Pop: Aqueduct White guys rapping! Ganster rap? The most instantly lovable band SFist has encountered is Aqueduct, who do, in fact, mix in a little of the rap into their set. It takes a certain
