Archive for October, 2008

Price Cuts Of Up To 30% At Symphony Towers (750 Van Ness)

Monday, October 27th, 2008

Plugged-in people knew the cuts were coming. And as one reports, they’re here. Prices at Symphony Towers (750 Van Ness) have been reduced by up to 30% or $136,000. A few examples: ∙ 750 Van Ness #T-405 (1/1) - $399,000…

The 690 Stanyan Project Update: Conditional Use Approved 6-0

Monday, October 27th, 2008

“Last night, the Planning Commission voted 6-0 to approve the Conditional Use for the 690 Stanyan project, the mixed-use proposal with Whole Foods as the anchor tenant.” ∙ Comments: The 690 Stanyan Project: Public Venting Vetting Tomorrow [SocketSite] ∙…

The Google Chart Of The Day (And A Bit More Foreshadowing)

Monday, October 27th, 2008

Click to enlarge. And once again, a bit of foreshadowing. Yes, with regard to local housing….

New Development “Closeout” Sales: The Potrero And 170 Off Third

Monday, October 27th, 2008

Last weekend it was The Potrero that was offering “an additional $25,000 off* in addition to…already reduced prices” of as much as $90,000 (11%) on its ten remaining homes. Oh, and 12 months of pre-paid HOA dues. This week 170…

535 Mission Street: From Office To Residential To Office To Suspended

Monday, October 27th, 2008

“With the markets in turmoil and rents falling, Beacon Capital Partners has suspended construction on its 27-story office tower at 535 Mission St., the only speculative downtown highrise slated to be built over the next few years. The $100…

Less Money For Nothing From Wells Fargo?

Monday, October 27th, 2008

From a plugged-in reader: Just got a letter and a call from Wells Fargo offering a 1/2 point reduction in our 30 year fixed jumbo-conforming loan ($720K) through October 29th. Our rate would go from 6.375 to 5.875 at no…

A Plugged-In Reader Reports (Rather Effusively): Go See 141 Ames

Monday, October 27th, 2008

It’s not yet listed, but its website just went live. And while we haven’t yet been inside 141 Ames (aka Betty May’s School of Tap), a plugged-in reader reports (rather effusively): I am a neighbor with an interest in…

Actual San Francisco Foreclosures Up 36% QOQ (191% YOY)

Monday, October 27th, 2008

Bay Area Notices of Default (NODs) increased 44% on a year-over-year basis in the third quarter of 2008, up 40% in San Francisco proper (from 252 to 353). And while the number of new NODs in San Francisco fell 15%…

The Official Argenta (One Polk) Offering Image And Language

Monday, October 27th, 2008

The official Argenta (One Polk) offering language and image from a plugged-in tipster: Cushman & Wakefield of California, Inc. has been exclusively retained to offer qualified investors the opportunity to purchase a 100% fee simple interest in the Argenta,…

313 Duncan: Before, After, And All Its Insides Now “Online”

Monday, October 27th, 2008

As plugged-in people already know, it was Owen Kennerly that led the sweet and complete transformation of 313 Duncan from that to this: Not yet officially listed, but now priced ($2,850,000) and “open” (with floor plans) online. And once…