Archive for the ‘real estate’ Category

Why Are We Even Thinking About Not Rebuilding ParkMerced? Build It and They Will Come

Friday, February 4th, 2011

Let’s get going on this ParkMerced deal, post-haste and forthwith.

No more jibber-jabber.

The Mistake by the Lake can and will be fixed, make it so.

Hey, what would the 415 look like if it were actually a dense city with more than a million people? Something like this with the new ParkMerced on the left, Mount Tam in the distance, and all the name-brand San Francisco neighborhoods off to the right. Looking North towards a possible Future:

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(This is actually one of those -king cities in China – Nanking, Nanjiang, Chunking, Southern Capital, some kind of capital in the middle south, I forget. Wiki is using Chinese characters now and if there’s one thing that old-school ACDSee doesn’t like, it’s Chinese characters. Personally, I think ideographs and Cyrillic letters should stay out of URL bars and jpg titles for a while, but lots of people in the Old World disagree with that, of course.)

Bring Your Hankies to Civic Center This AM – The 2011 Condo Conversion Lottery Rally is On

Wednesday, February 2nd, 2011

Via the all-knowing, all-seeing SF FYI Net comes news of the:

Plan C – 2011 Condo Conversion Lottery Rally
When: February 2, 2011 – Wednesday
8:15 a.m.
Where: City Hall steps, San Francisco
What:  Rally in support of Condo Conversion.
Information: info@plancsf.org
.
Finally, Lovie, a City Hall protest just for us!

.
But do you think it’s safe down there in Civic Center, Winnie? Bring your cricket bat just in case

If You are Trying to Rent Out Retail Space on Market Street, Why Not Put a Dragon Inside?

Tuesday, January 25th, 2011

Cushman & Wakefield would just for you to give them a bucket of cash and then evict this dragon.

It’s a little hard to see what with all the reflections, but this certainly is an eye-catching way to move the inventory during the end stages of our Great Recession:

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OMG, Here’s Your Chance to Get A Condo at the Ritz-Carlton Residences – Live Internet Auction December 10th!

Wednesday, November 10th, 2010

Unit 1502 at the Ritz-Carlton Residences on Market Street could be yours if you win the live Internet auction coming up on December 10th, 2010. That’ll be just in time for Christmas, Hanukkah, Kwanzaa and Three Kings Day!

But check it:

“Given that this is a bank-owned condominium, the commitment to sell is evident.”

Seems like the seller couldn’t be any more motervated, huh?

Just think, this could be yours for a million bucks or so:

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All the deets:

Bank-Owned Ritz-Carlton® Condominium in San Francisco, California to Be Sold at Auction By Concierge Auctions

Live auction of luxurious downtown condo to take place on December 10

SAN FRANCISCO, Nov. 10, 2010 — A bank-owned condominium, located within the luxurious Ritz-Carlton® Residences on historic Market Street in the heart of downtown San Francisco, will be sold during a live auction on December 10, Concierge Auctions has announced. Originally listed for $1,274,490, there is no minimum bid required to participate. The sale is being conducted in cooperation with listing broker Jeffry Peargin of Pacific Union International, an affiliate of Christie’s Great Estates.

“I’m excited to be working alongside Concierge Auctions,” stated Peargin. “Given that this is a bank-owned condominium, the commitment to sell is evident. With the highest-caliber amenities of the Ritz-Carlton® and immediate access to world-class museums, upscale shopping, and gourmet restaurants, we’re confident we will find the ideal owner for this gorgeous residence.”

Unit 1502 within the Ritz-Carlton® Residences is a 1,195-square-foot, classic luxury condominium boasting two opposing master suites with unparalleled views of downtown San Francisco. The property contains two and a half bathrooms with modern luxury finishes throughout, including wall-to-wall carpet in the bedrooms, polished hardwood flooring in the living areas, Italian-marble flooring and hand-hewn tiles in the kitchen and baths, and double-paned windows for sound minimization. An open gourmet chef’s kitchen includes top-of-the-line amenities – Kohler fixtures, granite countertops, a Viking refrigerator and Miele dishwasher. Each bathroom also has Kohler fixtures, and the convenient laundry closet is outfitted with a GE washer and dryer.

Constructed more than a century ago by Chicago architects Daniel Burnham and John Root as the original Chronicle Building, the West Coast’s first skyscraper, this historic structure eventually transformed into The Ritz-Carlton® Club and Residences, San Francisco. Owners of the 101 individual residences enjoy access to unrivaled services and amenities, including private lounge access, wine storage, valet parking, a fitness center and full service doorman. The Ritz-Carlton® Residences are perfectly situated in the heart of San Francisco among some of the most prestigious addresses in the world, steps from significant locations including the San Francisco Museum of Modern Art (MOMA), the Jewish Museum, the Yerba Buena Center for the Arts and the Giants ballpark. The Ritz-Carlton® Club is mere blocks from the Powell Street cable car turn-around and is only 20 minutes from the San Francisco International Airport; 30 minutes from the Oakland International Airport; 25 minutes from Sausalito and Berkeley; and one hour from Napa and Sonoma.

“At Concierge Auctions we are specific about the properties we represent,” stated George Graham, CEO of Concierge Auctions. “Our success is predicated upon partnering with the most premier luxury product, and it doesn’t get any more exclusive than the Ritz-Carlton® Residences. The new owner will name their price amongst other bidders during a live auction in an open, transparent forum, and in less than thirty days will be enjoying the utmost in luxury and amenities on one of our nation’s most sought-after cities.”

The live auction of Unit 1502 within the Ritz-Carlton® Residences, San Francisco will be held on December 10. No minimum bid is required to participate. A 2.5-percent commission is offered to the buyer’s broker. See Auction Terms and Conditions for full details. The property is open for preview daily by appointment from 1 to 4pm. To schedule a preview, call 877-214-3785. For more information, visit www.SanFranRitzAuction.com.

About Concierge Auctions: Concierge Auctions is the preeminent luxury real estate auction firm serving high-end sellers nationwide through an accelerated marketing process that obtains fair market value for high-end properties in a 60-day timeframe. As a preferred auction partner to Sotheby’s International Realty® and other luxury brokerage firms nationwide, the company has executed auctions from New York to Hawaii and hosts a database that includes more than 100,000 luxury real estate buyers and agents from all 50 states and 38 countries and territories.  The principals of Concierge Auctions have been involved in the transfer of more than $2 billion in luxury real estate sales over the past 10 years.  For more information, call 888-966-4759 or visit www.ConciergeAuctions.com.

The New Parkmerced Vision Plan Looks Awesome – It’s a Whole New City Down There – The Future is Now

Thursday, November 4th, 2010

For starters, get up-to-speed on The Future of Parkmerced over at Curbed SF, and check 0ut the ParkMercedVision as well.

Now, here’s the news – there are brand-new reports, or at least drafts of reports, like this one available now. Enjoy:

Parkmerced Vision Plan 10.14.10 DRAFT

Personally, I think Parkmerced was an innovative idea, back in the day, but it’s one that shouldn’t have been executed. However, these plans for 2025 and 2030 could turn a zero into a hero. IMO.

Anyway, even if you don’t care about the Future of PM or its effect upon southwestern SF, the new draft pdfs have some nice photos. Like this:

Now, here’s what our Planning Commission has to say:

Upcoming Public Hearings at the Planning Commission:

November 18, 2010:

Overview of the Project and Development Agreement
(Informational Only – No Action)

December 9, 2010:

Overview of the Project and Development Agreement
(Informational Only – No Action)
Initiation of Amendments to the Planning Code, Zoning Maps, and General Plan (continued from Oct. 21)

See you there!

A 20-Percent Reduction in Asking Prices at the Presidio Landmark Apartment Building? Rentals Now Listed in the Craigslist

Tuesday, November 2nd, 2010

Here’s what I asked for back in September, when the cheapest unit at the new Presidio Landmark apartments was $2200 (plus $150 parking fee), IIRC:

“No doubt the Presidio Landmark apartments are Mega Turbo Double Awesome, but if they’ve only rented out 2% of the units after two months of trying, then perhaps a reduction in asking prices might be called for? Just asking.”

And here’s what we have in November:

$1800 Pristine Junior One Bedroom (laurel hts / presidio) [Or see below if this link has been taken down by now.]

I’m thinking that’s about a 20% reduction in asking prices, so that seems to be a good start.

I mean if you, unlike me, value “full service amenities you would find at the Four Seasons, the Ritz, or the St. Regis” then this could be the Middle Richmond District / Presidio home for you.

The hot tub in the eastern courtyard:

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Or get a full one-bedroom for $1875.

All the deets:


Green living at its finest! Presidio Landmark is a LEED (Leadership in Energy and Environmental Design) Gold certified project. The project takes a step forward in environmentally friendly design and operation.

Located in Presidio National Park you have direct access to amazing outdoor spaces, trails, and ocean vistas. Whether your hiking, biking or just laying about, this location has something for all who enjoy nature and serenity. You also have easy access to Marin and Downtown San Francisco as well as the 101 and 280 freeways. Take the PresidiGo, a private shuttle bus that can take you to various locations around the city, way better than MUNI.

In addition to being environmentally friendly and convenient this project features full service amenities you would find at the Four Seasons, the Ritz, or the St. Regis.
~ Concierge
~ Jacuzzi
~ Massage room
~ Fitness room
~ Yoga and Pilates room
~ Bike storage and shop (you can do your own bike maintenance)
~ Guest room availability
~ Courtyard with fire pit

This junior one bedroom features hardwood flooring and carpet. Brand new finishes anoint the entire unit. Radiant environmentally friendly heating is used in lieu of electric heaters. Its Green!

Multiple configurations are available.

Call, email or even text me (please add you name, and what you are texting about) to schedule a tour.
Alex Kaufman (415)699-5900

Location - Wedemeyer at 15th Ave , San Francisco, CA 94129

Rent: $1,800 Utils. Included: None
Bed / Bath: 0/1 Lease Term: 1 Year
Unit Type: Apartment Kitchen Type: Gourmet
Pets: N Stove: Electric
View: Park Flooring: Hardwood & Carpet
Outside Area: Patio Fireplace: No
Window Coverings: Blinds Laundry: In Unit
Parking: Yes Parking Fee: $150
Unit Amenities: Concierge, Spa, Fitness Center, Bike Shop & More!

Wow, $278 Million! Saleforce.com Buys 14 Acres for New Corporate Campus Global HQ in Mission Bay, San Francisco

Monday, November 1st, 2010

[UPDATE: Welcome Salesforcers! I'm just teasing you all, man. Mission Bay was supposed to be About Biotech and the synergy and whatnot. So it would have been nice to have had a Genentech going  large in Mission Bay, but you all are welcome, of course....]

Wow, Salesforce.com must be bullish on San Francisco, based upon today’s big announcement.

“The purchase price for the eight parcels of land, including parking rights in an existing garage and other entitlements and improvements associated with the land, was approximately $278 million. No date for construction has yet been set on the land, which includes the undeveloped portions of Mission Bay lots 26 and 27 and all of Mission Bay lots 29 – 34.

And, bonus, CEO Marc Benioff will be able to visit the Children’s Hospital that he’s building for UCSF right across the street.

Course it would be nicer to have a Genentech in there, but we’ll take what we can get. All the deets, below.

All the deets:

Salesforce.com Purchases Site for New San Francisco Global Headquarters

14 Acre Corporate Campus Planned Over The Next Decade; Provides for Almost 2 Million Square Feet of Space

SAN FRANCISCO, Nov. 1  – Salesforce.com (NYSE: CRM), the enterprise cloud computing company, today announced the purchase of approximately 14 acres of undeveloped land in the Mission Bay neighborhood of San Francisco from Alexandria Real Estate Equities, Inc. (NYSE: ARE). The company plans to build a facility that will become its new headquarters. The land, which is adjacent to the UCSF campus on one side and the San Francisco Bay on the other, is part of the San Francisco Mission Bay redevelopment area. It is located directly on the San Francisco Muni T line at the UCSF station, and is also directly accessible from the Mariposa Street exit off of 280.

“We are excited to start work on building a new San Francisco global headquarters,” said Marc Benioff, chairman and CEO of salesforce.com. “Our planned, nearly 2 million square-foot campus over 14 acres at Mission Bay will help us continue to attract and retain talented, world-class employees. This new home for salesforce.com will provide an innovative, dynamic environment for our future growth.”

The purchase price for the eight parcels of land, including parking rights in an existing garage and other entitlements and improvements associated with the land, was approximately $278 million. No date for construction has yet been set on the land, which includes the undeveloped portions of Mission Bay lots 26 and 27 and all of Mission Bay lots 29 – 34.

And, bonus, a statement from the Mayor’s office, after the jump.

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The Best-Named Company in San Francisco is “ADD-A-GARAGE” – It’s Catchier Than “Fred Pavlow Co Inc” Anyway

Tuesday, October 26th, 2010

AFAIK, the only work Add A Garage (aka Fred Pavlow Co., Inc) does is to add a garage to your propertah in the 415. That means it’s the best-named company we have, no mystery as to what they do.

Their Yelp entry isn’t too helpful – nine reviews (including three that have been filtered for your protection) add up at 3.5 stars with a smattering of Yelp Fraud (with at least one review written by a co-owner posing as somebody who is/was not a co-owner) and your one-star kind of score-settling reviews. Oh well.

Irregardless, you can’t beat Add A Garage as a dba. It’s a five-star handle, non?

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The Spookiest Place to be this Halloween is Mel’s Diner on Geary in the Inner Richmond – Surrounded by Burial Grounds

Thursday, October 21st, 2010

San Francisco’s Big Four Cemeteries, Odd Fellows’ (aka Independent Order of Odd Fellows (I.O.O.F.)), Masonic, Laurel Hill, and Calvary, used to surround our  Mel’s Diner on 3355 Geary. Philip Ferrato has the deets and some photos of what these places used to look like.

All the people buried got dug up and sent to Colma by the 1940′s, but the ghosts remain, I’m sure.

Keep that in mind when your noshing on three-star Yelp-rated fare at the Mel’s…

The bulk of the University of San Francisco used to be Masonic Cemetery. See?

 

St. Ignatius Church, aerial view. Masonic Cemetery remains in background. The Bancroft Library. University of California, Berkeley

Keep a look out.