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 … Continue reading Comment du Jour: Does sold mean sold?
Category: SOMA
Millennium Tower going up, and the inside scoop (301 Mission)
This is a poach with permission from sfnewdevelopments.com and our friend Mark Choey. Thanks Mark! Located on Mission St between Beale and Fremont St near San Francisco’s Financial District and right next to the Transbay Terminal site, the entire project will consist of 419 condos in 2 towers: one at 11 stories and another at … Continue reading Millennium Tower going up, and the inside scoop (301 Mission)
San Francisco as retirement destination? Huh?!
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 … Continue reading San Francisco as retirement destination? Huh?!
Hotel Luxury Condo’s Hold Their Value
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 … Continue reading Hotel Luxury Condo’s Hold Their Value
Downtown is getting more UPtown… (Transbay Terminal)
Having been out of office chasing bears, inhaling unhealthy doses of dust and smoke (not those kinds), and gazing at the zillions of stars that exist above (it’s foggy most nights in the Richmond), it’s time to get back in the swing of things. What better way to get things going than with a few … Continue reading Downtown is getting more UPtown… (Transbay Terminal)
One Rincon Hill: Topping off at 631ft, BONUS post
Last Friday I hastily threw some pictures and video up on this blog of my visit to the almost highest point of the tallest residential building west of the Mississippi. I promised the full story and more “unobstructed view” pictures, so here goes…(Some pictures that wouldn’t fit in this screen can be viewed in full … Continue reading One Rincon Hill: Topping off at 631ft, BONUS post
One Rincon Hill: Topping off at 631ft. with a picture and VIDEO medley from the 59th & 41st floors.
I had the distinct pleasure of being invited to the “topping off ceremony” at One Rincon Hill this morning. There were quite a few notables in attendance, including Mr. Willie Brown (da mayor), the architects, and a few others, which I’ll note next week when I revise this post. For now, I thought you’d enjoy … Continue reading One Rincon Hill: Topping off at 631ft. with a picture and VIDEO medley from the 59th & 41st floors.
280 Square feet for $245,000 (54B Woodward, a reader reports)
This is kindly brought to us by a reader with [our comments] thrown in. “Check this out. 56B Woodward, which is on the boundary between western SoMa and the Mission is all of about 280 square feet and they want $245k. The studio apt looks to me like a cruise ship cabin, being on the … Continue reading 280 Square feet for $245,000 (54B Woodward, a reader reports)
“Foreclosure at the Met”
Thanks to Dave, we all now know about a foreclosure at the Met: –a foreclosure at the Met [craigslist]
Second tower at One Rincon Hill going up…soon.
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 … Continue reading Second tower at One Rincon Hill going up…soon.
Stump the Stammtisch: When new developments begin listing on MLS, is this a sign of a weakening in sales?
This is a very good question that recently came from a reader. Let’s see if our Stammtisch can help her out. If you don’t know the answer, maybe someone next to you does. If we get stumped, we’ll find someone who can help. “Hi, I saw your blog and have a question for the experts… … Continue reading Stump the Stammtisch: When new developments begin listing on MLS, is this a sign of a weakening in sales?
The Montgomery (74 New Montgomery) 107 New condo residences
“Unveiled to San Francisco in 1914 as The Call Building, The Montgomery has long been an architectural gem. Now, having undergone a [$70MM conversion from office to residential space], seismic retrofit, and complete interior redesign, The Montgomery combines the finest elements of interior modern craftsmanship to complement its elegant architectural exterior. It stands as the … Continue reading The Montgomery (74 New Montgomery) 107 New condo residences
A reader asks, we hopefully answer (888 Seventh Street resale restriction for BMR.)
A reader recently came to our post regarding 888 Seventh Street, and asked a great question, which we’ll get to below. Rather than email her directly, thus hogging all the glory, we thought we’d use her question as a beta test of our vision of what this site could be. So…we’re posting her question, and … Continue reading A reader asks, we hopefully answer (888 Seventh Street resale restriction for BMR.)
BLŪ (631 Folsom), Sales Office Opening in September
BLŪ, San Francisco’s newest new is planning on opening their sales office in September (so we’re told), and they’re claiming “fresh concepts, crisp lines, attention to detail, clarity of purpose…in an intimate high-rise community.” The development will be one hundred eight condominium units total, and there will be six residences per floor. On the top … Continue reading BLŪ (631 Folsom), Sales Office Opening in September
zūm llc: a 3D “picture medley”
Ever hear the Jane’s Addiction song, “L.A. Medley”? If not, you should. We recently discovered zūm llc as the company that has done some 3D renderings for some of the new developments around town (The Potrero, Blū, Fairmont Heritage Place at Ghirardelli Square, 733 Front Street) and we decided they are deserving of our first … Continue reading zūm llc: a 3D “picture medley”
Learning Something about BMRs for Infinity and 888 Seventh
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 … Continue reading Learning Something about BMRs for Infinity and 888 Seventh