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 Berkeley's Famed 'Hot Tub House' Hits Market For $899K It was a year ago last week that we learned of the death of Deward Hastings, a man whose name was not widely known but whose property has been visited by thousands of in-the-know East Bay residents for nearly 50 years.
Business & Tech Veritas Investments May Have Found a Buyer for Its Defaulted Loan Portfolio, and It’s an Ex-Westfield Mall Owner A new buyer has emerged for the nearly $1 billion in defaulted properties for the city’s biggest residential landlord Veritas Investments, and its Brookfield Properties, a partner that just walked away from the Westfield Centre shopping mall.
SF News Day Around the Bay: Anthropic Signs Lease for Former Slack Building Downtown Fast-growing AI firm Anthropic is subleasing Slack's former HQ at 500 Howard; the feds are considering moving marijuana out of the list of Schedule I drugs; and westbound I-80 will be closed around the Carquinez Bridge for five days starting tonight.
Business & Tech OpenAI Rumored to Be Close to Signing Deal For One of Uber's Mission Bay Buildings In what would be one of the first big office-lease deals in San Francisco since the mad sublease sell-off wave began during the pandemic, AI pioneer OpenAI is said to be in "serious" talks to take one of Uber's four buildings next to the Chase Center in Mission Bay.
SF News Cyberattack on Popular Property Listing Software Throws Bay Area Real Estate Market into Chaos Hackers breached a crucial real estate listing software from the Rapattoni Corporation earlier this month, and Bay Area realtors are feeling it — but there's no foreseeable fix yet.
Arts & Entertainment Kooky, Highly Specific, Unfinished House In the Berkeley Hills Asks $1.19 Million One man's dream house that he set out to build in the early 1970s and never completed before his death last year has hit the market for the first time, and it's a very unique Berkeley hills property to say the least.
SF News Viral TikTok Shows Dire State of Bay Area Housing with Listing of Office Turned Into a Half-Million-Dollar Condo The video shows a 1,000-square-foot San Rafael office converted into a condo — but owners seemingly made minimal changes, only adding a kitchen against one wall and a shower in the bathroom but leaving the industrial carpet and stained ceiling tiles intact.
Arts & Entertainment 97-Year-Old San Francisco Art Institute Campus Hits the Market for Undisclosed Asking Price Could a different school step in and revive the historic San Francisco Art Institute campus on Chestnut Street? We shall now see, as the nearly century-old property has officially hit the market in a bankruptcy sale, for an unlisted sum.
SF Politics YIMBYs Cry Foul Over Lack of Housing Approved Since Passage of SF Housing Element SF has approved barely eight new housing units per month since the city passed its ambitious Housing Element plan, but the reality is that developers haven’t been applying for many permits.
SF News SF Chronicle Now Seems to Regret Amplifying the 'Doom Loop' Narrative It Heavily Amplified The San Francisco Chronicle is standing like a kid who cried "Fire!" amid a rush of sirens and chaos asking what all the fuss is about, as it has a front-page story today about the ramifications of the "doom loop" narrative the paper itself amplified.
SF News Very Few Homes Hitting the Market In SF In Ongoing, Interest-Rate-Related Slump Prices remain very high in San Francisco's for-sale market for homes, but that is partly because so few have come on the market, relatively, over the last year — the lowest monthly number in two decades. And the reason for that is pretty clear.
SF News Shouting Match Escalates Into Violence at Contested Mission District Community Garden There was another dustup this week between some guerrilla gardeners and home-grown internet company Monkeybrains over the contested Parcel 36 in the Mission District, and this time a punch was thrown.
SF Politics Mayor London Breed Wants to Put $6M Toward Fixing Up Powell Street, Filling Empty Storefronts The three blocks of Powell Street between Union Square and Market Street are being made a priority in SF Mayor London Breed's proposed new budget, with money being aimed at beautifying sidewalks and finding tenants for some big, vacant stores.
Arts & Entertainment Apartment Sadness: The Bad Studios and Bunk Beds Are Back Rents are climbing back up in San Francisco and all the landlords with stuff they probably couldn't rent to anyone the last couple years are creeping back onto Craigslist, hoping to find new takers.
SF News SF Home Prices Cooling Down After Hitting Pandemic Highs San Francisco bucked logic and saw its home prices increase during COVID-19, peaking to a record a year ago this time. But the high price of San Francisco houses is starting to come down.
SF News Luxury Condo In Converted Christian Science Church on Dolores Park Sells For $2.1M Under Its 2017 Sale Price The Light House condominiums — the four units that were carved out inside of the domed former Second Church of Christ, Scientist on Dolores Park — have been a thing of fascination for everyone who's looked at the building from the park and heard about its conversion almost a decade ago.
Real Estate Famous Frank Lloyd Wright-Designed Della Walker House In Carmel Sells for $22 Million The single-story house was originally only 1,200 square feet and was built for $125,000 for Carmel resident Della Walker in 1952.
housing market Average Home in Bay Area Actually Selling for Less than Asking Price, Data Shows For the first time in a decade, the Bay Area’s tight housing market might be loosening up a little, but it's still not exactly affordable.
SF News NoPa Home Featured on ‘Hoarders’ Sells For $500K Over Asking, Despite Atrocious Conditions A Lyon Street house that made for a very depressing segment on A&E’s ‘Hoarders’ just sold for $1.2 million ($500,000 over its asking price), even though it still very much looked and smelled like a house that had been featured on ‘Hoarders.’
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.
SF News Tennis Enthusiasts Serve a Lawsuit To Block Sale of SoMa Property That Had Promised Them Tennis Courts A real estate conglomerate is trying to unload an unfinished property where they’d agreed to rebuild a tennis club they’d previously razed. Now a local tennis group is saying, ‘We’ll see you in court.’
SF News Huge New Housing Development With 45% Affordable Units Approved for Former Transit Hub Site In SoMa The block-sized property in SoMa that became home to the temporary Transbay Transit Center in the last decade will become a three-tower complex with the tallest tower around 40 stories.
SF News Bay Area Home Prices Actually Dropping; Cities Here Dominate the ‘Fastest-Cooling Housing Markets’ List Realtors are popping a little less Champagne, and buyers are no longer offering hundreds of thousands over asking price, as home prices are dropping notably in SF, Oakland, and especially San Jose.
Business & Tech 40-Story Tower at the Foot of Van Ness Goes Before Planning for Reapproval as Rental Apartments Days before its entitlements are set to expire, a very tall proposed residential tower at Van Ness and Market is headed before the Planning Commission this week, now as a significantly larger, all-rental property.