News from the Heart & Soul of San Francisco
A NEW SHARED “forward-thinking workspace” with refined aesthetics and upscale amenities is in the works in a long-vacant upstairs space at Fillmore and Sacramento. Expected to open in September, Canopy will offer shared tables, a personal desk or a private office in an airy space with communal areas and conference rooms for a price: $650 to…
REAL ESTATE | PATRICK BARBER The recent sale of the mansion known as the Petit Trianon in Presidio Heights highlights the importance of realistic pricing and proper maintenance, while another sale just a block away underscores that today’s high-end San Francisco homebuyers gravitate toward modern architecture. In mid-July, the 14-bedroom, 20,000-square-foot French chateau replica at…
By CHRIS BARNETT Real estate rumors are rampaging in Pacific Heights about the new luxury condos being built at 2121 Webster Street, formerly a dental school, now christened The Pacific. • Evan Spiegel, the 26-year-old CEO of the hot new social media site Snapchat — youngest billionaire on the Forbes 400 and the main squeeze of…
REAL ESTATE | PATRICK BARBER Bidding wars remain a fact of life for San Francisco home shoppers. Single-family homes in the city sold for 108 percent of the original listing price in the first quarter of 2016, according to data from the multiple listing service. This trend has been dominant in Presidio Heights, where a…
RETAIL REPORT | BARBARA KATE REPA Claudia Volpi throws down a friendly ultimatum: “I challenge you to find an Italian who doesn’t own a pair of Superga shoes.” And she’s hoping the sporty “People’s Shoes of Italy” will soon become common footfare for Fillmore residents as well, now that the doors to her new boutique…
By FRAN MORELAND JOHNS It may be a sleek luxury high-rise condominium bringing new life to Cathedral Hill. Or it may be a code-violating, too-tall tower adding traffic, wind, noise, parking and shadow nightmares — and opening the door for more spot zoning across the city. New York developer ADCO Group’s plan to build a…
REAL ESTATE | PATRICK BARBER A pair of recent single-family home sales in Pacific Heights illustrate that properly pricing a home for sale can pay off on multiple levels. In the 3000 block of Jackson Street, two properties that are practically next door to each other changed hands in early June, with the transactions and…
REAL ESTATE | PATRICK BARBER The frenzied overbids that characterized neighborhood real estate in the first half of 2014 began to subside in the second half — one sign that the San Francisco housing market could move toward a more balanced state in the coming year. Bidding wars in Lower Pacific Heights, Pacific Heights, Cow…
By CHRIS BARNETT When the developers and designers of The Pacific were hunting for inspiration and ideas for San Francisco’s plushest and priciest condominium complex, they looked east and heavenward. The team transforming the former University of the Pacific dental school at 2121 Webster flew to New York and swarmed over 96-story 432 Park Avenue,…
REAL ESTATE | PATRICK BARBER A significant slowdown in the number of multi-unit building sales in San Francisco’s northern neighborhoods suggests that Proposition G may be having an impact on the local real estate market months before city residents cast their votes. On the ballot for the upcoming November 4 election, Proposition G is designed…