Archive for the ‘The Infinity’ Category
Friday, September 5th, 2008
We get all kinds of good search words driving traffic to theFrontSteps, but “MonsterTruck” still leads the pack for consistency. Recently we had quite a few people find the site searching “Bedrock SF” and more specifically “Is the Infinity condo sf built on bedrock”? For exact details, we’d suggest you contact the folks at the Infinity directly, but should you care to browse some of the bedrock maps we alluded to previously, by all means, don’t let us stop you.
From what we can tell, the Infinity is located on the block where Folsom and Spear intersect (highlighted in green circle) and there is a chance it is built on a little bit of both (landfill and bedrock). We would still suggest you consult the experts.
[Update: From "Henry" who makes an excellent point, "It doesn’t matter. Any building that size will have piers all the way down to bedrock, even if the material above it is landfill."]
-Ask Us: A Map of Bedrock vs. Landfill (SF) [theFrontSteps]
-USGS Seismic Site
Tags: real estate, san francisco, San Francisco Real Estate, theFrontSteps
Posted in Ask Us, Condominium, High Rise, Inspection/Disclosure, SOMA, San Francisco Real Estate, South Beach, The Infinity, real estate, san francisco, theFrontSteps | 4 Comments »
Wednesday, April 23rd, 2008
Truth be told, I recently had a client in contract to “take over” a unit above the 50th floor at One Rincon Hill from a “seller” that had purchased their unit via the sales office on the very first night said sales office opened. Yes, that means it was an attempted “flip”, a “cancellation”, a “pocket listing”, and the list goes on. The deal has crumbled (for various reasons), so now I can talk (a little).
[That's the lobby.]
It’s funny to see all the chatter online about one person (okay maybe many people) listing their One Rincon Hill unit for sale on Craigslist and looking for someone to “take over” their contract. First of all, it ain’t that simple to just “take over”. If you think you can go it alone without some third party advice, just post to Craigslist and all of your problems will suddenly vaporize, think again.
Secondly, it should come as no surprise that many people will not be able to go through with their purchase, but it doesn’t mean the sky has fallen. Actions of a few individuals in one building do not represent the well being of an entire group (the market). For every one person attempting to flip or find someone to “take over” their purchase, there are 10 others that aren’t.
Finally, there are more of those transactions going on than you know at every new development in San Francisco (at least those with residents moving in), and many of those units are changing hands to ready and willing buyers (I lost a client to one such agent who had a client “transferring” their unit at the Infinity), so the focus on One Rincon Hill, and this type of activity at all, is blown way out of proportion.
What we know is that although the market has changed significantly in the past year, it is by no means down and out (surprisingly), and using anecdotal bits of “resale” activity at One Rincon Hill to paint a picture of the entire landscape of San Francisco real estate is nothing short of loony!
As for which units at One Rincon Hill are “available”, or how great the views from the top floors are… you’ll have to come back, because I just went on a tangent. For now, I can tell you, there are several units above the 50th floor “available”, should you be interested.
-Foreclosures Quadruple in State, Bay Area [sfgate]
Tags: Architecture, real estate, san francisco, San Francisco Real Estate
Posted in Architecture, Condominium, High Rise, Insider Information, Modern, Off Market, One Rincon Hill, SOMA, San Francisco Real Estate, South Beach, The Infinity, market info, pocket listings, real estate, san francisco | 1 Comment »
Monday, November 26th, 2007
Following on the heels of our latest post on Millennium Tower, today’s Chronicle/SF Gate provides the latest on all the glass going up on many of the other buildings we’ve featured. Have a look at this audio slideshow by John King of the SF Chronicle.
And of course, feel free to share your thoughts.
-One Rincon Hill Posts [theFrontSteps]
-The Infinity Posts [theFrontSteps]
-Millennium Tower Posts [theFrontSteps]
-audio slideshow [SF Gate]
-Newest Towers Will Give SF Skyline a Touch of Glass [SF Chronicle/John King]
Tags: Architecture, Millennium Tower, san francisco, theFrontSteps
Posted in 5+Units, Architecture, Condominium, Millennium Tower, Modern, New Developments, One Rincon Hill, The Infinity, san francisco, theFrontSteps | No Comments »
Tuesday, October 2nd, 2007
Sophie on Millennium Tower…”:
Close of Escrow [for units at the Millennium Tower] is scheduled for Spring of 2009.
I have a question. Close of escrow is when title is given [for] a big chunk of money. Right?
So if they advertise “58% sold” what does that mean? That you can buy an “option” lasting about 18months? What is the cost of an option in % to the total price of the unit?
Is the “option” money in the builder’s pocket in the mean time (I would guess so as he needs money to build the thing).
Please explain - risks, advantages, or anything else related to that type of new development (same goes for the Infinity etc).”
Anyone?
-Millennium Tower going up…” [theFrontSteps]
Tags: Millennium Tower, real estate, san francisco, theFrontSteps
Posted in Ask Us, Condominium, Millennium Tower, New Developments, SOMA, The Infinity, comment du jour, real estate, san francisco, theFrontSteps | 4 Comments »
Wednesday, September 26th, 2007
I just had to put this up. My favorite quote: “Ten years ago, when he retired, he and his wife migrated south to a bedroom community in Cary, N.C., where it was quiet and green–everything retirement is supposed to be. But ‘I was bored out of my gourd, frankly,’…”
Guess where he’ll be living? The Infinity.
[Update: another article on SF as top retirement destination: U.S. News]
-Yahoo Finance Article
Tags: san francisco
Posted in Alexander Clark, New Developments, Readers’ Reports, SOMA, The Infinity, san francisco | 7 Comments »
Tuesday, July 3rd, 2007
J.K. Dineen of the San Francisco Business Times (highly recommend getting a subscription if you haven’t already) reported in their latest issue, “Developer Michael Kriozere plans to begin construction on the second tower of One Rincon Hill by the end of the year…”
(photo credit: sfcondo.org, this is a view from The Infinity to One Rincon Hill Tower One…not bad, eh?)
-Work to start on second Rincon tower this year [San Francisco Business Times]
Tags: Announcements, san francisco, theFrontSteps
Posted in Alexander Clark, Announcements, New Developments, One Rincon Hill, SOMA, South Beach, The Infinity, san francisco, theFrontSteps | No Comments »
Tuesday, May 22nd, 2007
Recently, we reported about the brisk selling of the BMR (Below Market Rate) units at 888 Seventh Street, and how they were snatched up in a matter of seconds. Thanks to a reader’s inquiry in the comments of that post, we dug a little deeper and learned that of those 170 BMR units, only 27 are the BMRs for 888 Seventh, the other 143 are the BMRs for the The Infinity. Translation: The Infinity has put all it’s BMR’s off site in 888 Seventh Street. Certainly didn’t know this, but now we do, and so do you.
-Mayor’s Office of Housing [website]
-1 Part Infinity, 1 Part Dwell, 2 Parts You! [sfn BLOG]
Posted in 888 Seventh Street, Below Market Rate, General Info, Insider Information, New Developments, SOMA, South Beach, The Infinity, market info | 1 Comment »
Thursday, May 10th, 2007
A reader kindly pointed out the following:
-One Rincon Hill- 3 bedroom, 3 bath on 29th and 30th floors with just under 2000 square feet. It is 200 feet up the hill with un-obstructed views for $2,190,000.
-The Infinity- 3-bedroom, 2.5 bath, 2-story home on 28th and 29th floor with approximately 1,679 square feet. It has two private 36′ wide Sky Terraces and breathtaking views for $2,400,000.
The rest we leave up to you.
In other One Rincon Hill news, they are on their 53rd floor of construction.
The picture is ours, and so are the horrible photo shop skills. 
-One Rincon Hill [website]
-The Infinity [website]
-1 Part Dwell, 1 Part The Infinity, 2 Parts You [sfn BLOG]
-Tower of Power [sfn BLOG]
-The Skinny on the Grand (Soma Grand) [sfn BLOG]
Posted in Alexander Clark, New Developments, One Rincon Hill, SOMA, South Beach, The Infinity, market info | No Comments »
Tuesday, April 17th, 2007
So you think you’ve got what it takes to design a la modern. Here’s your chance:
“Dwell™ invites [their] readers to submit design proposals for one of three varied floor plans for homes in The Infinity. A panel of industry experts, including Dwell owner and founder Lara Hedberg Deam, will review designs. Winning designers will see their vision materialize in cooperation with the development’s designers.”
We were wondering which of the new developments was going to be the first to partner with Dwell. It’s a totally natural fit and we can’t wait to see the results.
More info and entry details [www.dwell.com/theinfinity]
The Infinity [website]
[picture and logos taken from dwell.com/theinfinity]
Tags: Announcements
Posted in Announcements, Buying/Selling Techniques, Just Interesting, New Developments, One Rincon Hill, Reasons we live here, South Beach, The Infinity, Unique Property | 2 Comments »
