(Or “Krave,” as you Yanks call it.)
And Big Cheez-Its, that’s also available at a steep discount on the corner of 7th and Market these days.
But, cheez it, the cops! See them?
Do they ever do anything down here?
Click to expand
Everybody wins when big corporations, like, I don’t know, Wal-Mart, take big tax deductions for donating food and when donees sell it to happy customers. Hurray!
Now, how does the pink bag mafia keep cold food, like yogurt, cold, you know, after they pick it up for free?
Answer: They don’t.
Oh well.
Opening up for the brunch-time rush:
Click to expand
And look, we’ll have Yet Another CVS on Market Street. (CVS is the Rite-Aid of the 2010′s, non?)
This has been your Seventh and Market Black Market Update.
Foodspotting has been sold.
Seems like there’s not a whole lot of money to go around considering all the people involved, but you’d have to call this a pretty successful app.
“OpenTable to Acquire Foodspotting
SAN FRANCISCO, Jan. 29, 2013 – OpenTable, Inc. (NASDAQ: OPEN), the world’s leading provider of online restaurant reservations, today announced that it has entered into a definitive agreement to acquire Foodspotting, an app for finding and sharing great dishes at restaurants, for approximately $10 million in cash pursuant to a stock purchase agreement. The completion of the acquisition is subject to the satisfaction of customary closing conditions.
“We’re proud to welcome the talented Foodspotting team to the OpenTable family,” said Matt Roberts, Chief Executive Officer of OpenTable. ”The Foodspotting team is as passionate about dining as we are, and we’re looking forward to leveraging their unique expertise in the areas of imagery and social sharing to enrich the OpenTable experience for diners and restaurants in new and exciting ways. By adding more visually compelling content to help people decide where to dine and discover dishes they’ll love, we hope to make it even easier to find the perfect table for any occasion.”
“We’re so happy to have found a home for Foodspotting where our community can continue to thrive while our entire team continues to focus on creating great dining experiences,” said Alexa Andrzejewski, Co-founder and Chief Executive Officer of Foodspotting, who will be joining OpenTable as a lead user interface designer. ”While working with OpenTable as partners we realized we could create more intelligent, seamless and beautiful experiences if we had the opportunity to integrate our products more deeply. We look forward to contributing our mobile, social and design expertise in ways that will delight both diners and restaurants.”
By enabling OpenTable to deliver a richer visual and social experience for diners and provide its restaurant customers with new opportunities to showcase their offerings, the acquisition supports the Company’s focus on continuing to enhance the ways it helps diners discover and book the perfect restaurant table. OpenTable recently added dish photos through a collaboration with Foodspotting, giving diners a small taste of the kind of enhancements that will be coming once the Foodspotting team is on board. In addition to welcoming the Foodspotting team to OpenTable, the Company plans to maintain the Foodspotting site and mobile apps on a standalone basis.
About OpenTable, Inc.
OpenTable is the world’s leading provider of online restaurant reservations, seating approximately 10 million diners per month via online bookings across more than 26,000 restaurants. The OpenTable network connects restaurants and diners, helping diners discover and book the perfect table and helping restaurants deliver personalized hospitality to keep guests coming back. The OpenTable service enables diners to see which restaurants have available tables, select a restaurant based on verified diner reviews, menus and other helpful information, and easily book a reservation. In addition to the company’s website and mobile apps, OpenTable powers online reservations for nearly 600 partners, including many of the Internet’s most popular global and local brands. For restaurants, the OpenTable hospitality solutions enable them to manage their reservation book, streamline their operations and enhance their service levels. Since its inception in 1998, OpenTable has seated more than 385 million diners around the world. The Company is headquartered in San Francisco, California, and the OpenTable service is available throughout the United States, as well as in Canada, Germany, Japan, Mexico and the UK. OpenTable also owns and operates toptable, the leading consumer destination site for restaurant reservations in the UK.
OpenTable, OpenTable.com, OpenTable logos, toptable and other service names are the trademarks of OpenTable, Inc. and/or its affiliates
“Foodspotting is a visual guide to good food and where to find it. Instead of reviewing restaurants, you can recommend great dishes and see what others recommend wherever you go.
We started Foodspotting in 2009 when we realized that there were many restaurant review apps, but there was no easy way to find or rate specific dishes. We set out to create a new kind of local guide that is unique because:
Find whatever you’re craving, see what’s good at any restaurant and learn what foodspotters, friends and experts love wherever you go.
Browse photos of nearby dishes and see what looks good. We want to make finding good food as easy as looking in a bakery window.
Recommend dishes by snapping photos or simply saying “Loved it!” We don’t allow negative ratings because we’re all about foods people love.
Our goal is to cover the earth with amazing food sightings, from our childhood hometowns in Pennsylvania to food capitals like Tokyo. Since launching Foodspotting in January 2010, over 2.5 million foods have been spotted around the world, but we’re counting on you to represent your city by sharing your favorite local dishes.
In January 2010, Foodspotting launched the first and leading mobile app for finding and rating dishes. Today, you can use Foodspotting to see what foodspotters, friends and experts like Chow, Travel Channel and Wolfgang Puck love wherever you go.
Featured as App of the Week in both the iPhone and Android app stores, Foodspotting has received attention from The Today Show, The Cooking Channel and Inc Magazine and was named one of Time Magazine’s 50 Best Apps of 2012 and a Top Travel Application by Travel + Leisure. Foodspotting is backed by Blue Run Ventures, Felicis Ventures, High Line Ventures, 500 Startups and Zelkova Ventures as well as a syndicate of angel investors including Dave Morin.
Based in San Francisco, Foodspotting has built a worldwide community of foodspotters who love to find and share interesting dishes wherever they go.”
This was the crowd at the 800 Market Game Stop near Stockton and Fourth last night as the midnight hour approached:
Click to expand
This new Nintendo Wii U is news to me.
Check it:
Here are about ten sellers in a row this morning on the corner of 7th and Market in the heart of the corrupt Twitterloin.
Cream cheese was the order of the day:
Click to expand
Appears as if San Francisco’s seniors have more than enough food, but not enough cold hard cash.
I inquired about Crispy Hexagons, but there was no reply.
Just after we lose San Francisco’s so-called Twitter Tax (you know, the one former Mayor Gavin Newsom signed into law back in aught-four), comes today’s big announcement.
Deets below.
It’s time to party at Yelp:
“Yelp Files Registration Statement for Proposed Initial Public Offering
SAN FRANCISCO, Nov. 17, 2011– Yelp Inc. announced today that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) relating to a proposed initial public offering of its Class A common stock. The number of shares to be offered and the price range for the offering have not yet been determined. A portion of the shares will be issued and sold by Yelp, and a portion will be sold by certain stockholders of Yelp.
Goldman, Sachs & Co. will be the lead bookrunning manager and representative of the underwriters for the offering. Citigroup Global Markets Inc. and Jefferies & Company, Inc. will be joint bookrunning managers, and Allen & Company LLC and Oppenheimer & Co. Inc. will be co-managers for the offering. This offering will be made only by means of a prospectus. A copy of the preliminary prospectus, when available, may be obtained from Goldman, Sachs & Co. at 200 West Street, New York, New York 10282, Attention: Prospectus Department, by calling (866) 471-2526 or by e-mailing prospectus-ny@ny.email.gs.com; Citigroup Global Markets Inc. at Brooklyn Army Terminal, 140 58th Street, 8th floor, Brooklyn, NY 11220, by calling (800) 831-9146 or by emailing batprospectusdept@citi.com; or Jefferies & Company, Inc. at 520 Madison Avenue, 12th Floor, New York, NY, 10022, Attention: Equity Syndicate Prospectus Department, by calling (877) 547-6340 or by emailing Prospectus_Department@
A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.”
So yeah, sometimes our seniors don’t really need to eat the food that they line up for at area food banks and churches and whatnot, but what are you going to do? It’s a lifestyle thing.
Get Famous Akit’s emphatic viewpoint on this issue right here.
Now, here’s the video from KTVU, complete with numerous Crispy Hexagons sightings. (Mmmmm….orthogonal.)
The weekly scene at Willie Brown’s old church in the Western A:
Click to expand.
So sure, some of them start horse-trading immediately (a big no-no near Glide Memorial – they want you to at least cross the street before dickering) and others sell their stuff down at U.N Plaza (that Mistake by the Lake, or fountain, whatever.)
And others, in more suburban areas such as the Western Addition and the West Bay, load their booty into the boots of their aging GS V8 Lexuseses.
But, what can you do?
Hurray!
All the deets, below.
One Tower to rule them all:
Click to expand
Your view from 1RC – observe Sutro Tower as an equal, high above the clouds:
The abject pwnage is now 95% complete:
Do You Climb Into Space/
As promised, all the deets:
SURGE IN HIGH-END LUXURY CONDOMINIUM SALES PUSHES ONE RINCON HILL PHASE I TOWARD SELLOUT
Landmark tower is now 95 percent sold, with increased sales of $2+ million penthouse-level homes mimicking micro-market trends
Greater confidence in the economy, 2.0 tech boom, strong executive job growth and demand from trans-generational Asian buyers among reasons 2011 sales outperforming 2010, say experts
SAN FRANCISCO (April 20, 2011) – The high-end luxury condominium market, dormant in 2010, is coming back in a fury in 2011, with penthouse sales at One Rincon Hill leading the way, say local real estate experts.
“Luxury condos in the $2 million or more range are being snapped up in numbers not seen for the past several years,” said Paul Zeger, president of Pacific Marketing Associates, the sales and marketing firm for One Rincon Hill, and condominium experts in the Bay Area for more than 30 years. “San Francisco’s SoMa District is a hot micro-market, where techies want to work — and live.
“With ubiquitous brands Twitter and Zynga expanding their footprint in the City, and new start-ups popping up everywhere, their high-paid executives are flocking to SoMa where the action is,” he added.
One Rincon Hill, the 64-story luxury condominium building atop San Francisco’s Rincon Hill, is at the heart of that activity. Now about 95 percent sold, more than 650 people call the iconic tower home. In the year’s first three months, sales activity has focused near the top: five penthouses have been sold, each at more than $2.1 million, averaging more than $1,300 per square foot. Half of the top floor is now sold out, and only eight penthouses remain available.
“The resurgence in the high-end condo market is clearly demonstrated by penthouse level sales at One Rincon Hill and The Infinity,” said Patrick Barber, president of Pacific Union International, who cites penthouses that languished all last year, yet sold in 2011, including a few in the market for more than $5 million. Barber says renewed luxury demand is influenced by a combination of lower inventory and buyer confidence buoyed by greater job security and success of tech giants with large local footprints: Facebook, LinkedIn, Zynga and Salesforce.com. He also notes a new factor: the impact of The America’s Cup, where visitors, volunteers and the 10 teams, each with a staff of 80 themselves, will boost both rentals and sales near the waterfront.
“The America’s Cup is already a pull for new buyers at One Rincon Hill,” said Ann Dykstra, sales manager at One Rincon Hill. “Views grab a premium anyway; however, several new buyers were motivated by an opportunity for front row seats to the sailing pageantry in the bay.”
Dykstra says of the 376 homes in the tower, less than 25 remain — all above the 46th floor. This includes penthouse level homes with arguably the best views anywhere, and possibly the highest penthouse homes currently available in the world. Due to its location atop historic Rincon Hill, One Rincon Hill is the tallest residential tower on the West Coast (and tallest in North America outside of New York, Chicago and individual towers in Mexico City and Panama City).
Gregg Lynn, of Sotheby’s International Realty and among the Bay Area’s top producing realtors, cites four reasons 2011 is outperforming 2010: greater confidence in the economy, the “2.0” technology boom, strong executive job growth and continued demand from trans-generational Asian buyers.
“With the Dow above 1,200 and marching forward, overall consumer confidence with the economy has pushed buyers off the fence, with tech-execs leading the curve,” said Lynn. “Tech 2.0 is well ensconced in San Francisco, and those buyers are seeing luxury condos, mainly in SoMa. What’s more, many tech buyers are “long-term” confident, buying primary residences in the City, not just second homes.
Moreover, Lynn says executive job growth is the strongest in seven years, attracting substantial buyers from the East Coast and the Far East. The Asian market, primarily China, Taiwan and South Korea, is also bringing an influx of trans-generational buyers, sparked by less government restriction to overseas investment.
“These condos are often bought by Asian parents — who may or may not have current plans to reside in the property — and put in their children’s names,” added Lynn. “In many ways, San Francisco is catching up to a trend prevalent in Vancouver and Los Angeles, providing a surge of sales to our upper luxury condo market.”
One Rincon Hill was the most successful pre-sale in San Francisco’s history, as it was 90 percent reserved just two weeks after the sales center opened in 2006. Residents began moving in Feb. 2008. Available townhomes lining Harrison Street sold out in fall 2010. Currently, about two-dozen homes, all on upper floors, are available for sale and the building is on pace for a sold out and fully occupied tower in fall 2011.
About One Rincon Hill
One Rincon Hill has become one of San Francisco’s most recognizable landmarks and the tallest building on the skyline, in part due to its location atop Rincon Hill, the last buildable hill in the city and the first attraction visitors see as they cross the Bay Bridge into San Francisco. Topped with a glowing weather beacon at its crown, the 64-story Phase I tower with 376 luxury condominium homes was completed in late 2008 and is now almost 95 percent occupied. A 52-story Phase II tower offering 299 homes will complete the development, which will eventually feature a total of 689 private residences, including one-, two-, and three-bedroom homes and penthouses, each with views of the City and Bay from panoramic floor-to-ceiling windows and extra-large balconies, as well as 14 townhomes, a swimming pool, reflecting pool, sundeck, fitness center and an elegant parking facility with valet parking. The One Rincon Hill Sales Center is located at 489 Harrison St. #306, with on-site parking available. Open weekdays, 11 a.m.-5 p.m.; Sat. and Sun., noon to 5 p.m. For more information, call (415) 744-8886 or visit online at www.onerinconhill.com or www.facebook.com/onerinconhill
Yet another sellout in the 415:
Click to expand
