theFrontSteps – San Francisco

Coming Soon (1460-68 Broadway @ Polk) From this: To this: These TIC units at 1460-68 Broadway are expected to hit the market this weekend. We’re still waiting to hear back from the developer on pricing and details. For now, imagine how much better your food will taste cooked in the new kitchen as opposed to [...]

Regarding 1501 Greenwich, per an email blast we just received, “9 UNITS IN CONTRACT SINCE FRIDAY, FEBRUARY 15TH!” (Caps are theirs, not ours).

Our reader, who sounds very similar to a few other readers we have was apparently at the opening of The Greenwich, a new development on the cusp of Russian Hill and Cow Hollow, and had this to say: Was at the Grand Opening of “The Greenwich” and it was a ZOO. Maybe 500 people in [...]

Hot off our topic on resetting DOM to make a listing appear new on market, we find one of theFrontSteps’ sexiest Realtor nominees slashing the price of 723 Bay from $1,775,000 to $1,595,000 (enough to make it exactly 1 day on market, and narrowly missing sfnewsletter’s Stalefish Tank). Let’s see how it goes this time [...]

Being real estate professionals, it is our duty to look past the clutter and furniture and find the value in each property. We had a little trouble getting past the ottoman, sofa, chairs, and dining room wall coverings of 1700 Jones #4, but apparently the buyers saw something we didn’t. This is a 2 bed, [...]

It’s what you do with it that matters: 1188 Green #10 is a staggering 260 square feet (per tax records), and might be listed in MLS tomorrow around $399,000, but you can’t fault the seller for making the best of a tiny space. —– We’re thinking some of those strong Euros might like to take [...]

by Janet Krahling Take a look at this comparison: Downtown Hotel Luxury Condos (St. Regis and Four Seasons Residences re-sales) vs. Pacific Heights Condos ($1m+ sales). This chart compares average price per square foot in 2006 vs. average price per square foot YTD in 2007, according to MLS data. The average price per square foot [...]

How do you get a developer, or investor in San Francisco to begin frothing at the mouth? You use these words: “Russian Hill; Two buildings; Two units each; VACANT with no eviction history; 7 garages…” The rest is fluff. 805-817 Lombard, $2,750,000, hit the market June 15, pending already. -3130 Pacific: Priced to sell at [...]

You heard us correctly. Not too long ago, 1090 Chestnut #7, a 4 bed, 3.5 bath, 3300 square foot “co-op” came on the blocks, and quickly went off…$1,000,000 over what they were asking. That makes $1500/square foot, and the best part is the low HOA’s of only $2444.26. -1090 Chestnut #7 [MLS]

“An investment group comprised of Canadel Development in Canada, and Polar Investments, an Israeli company controlled by Ziel Feldman, paid $25 million for the hotel. They plan to convert it into 100 luxury condominiums and add additional space. The conversion is expected to take 18-24 months, and cost $54 million.” “Proceeds from the final sale [...]