San Francisco Board of Supervisors
San Francisco Clears 75-Year Ground Lease for $160MM, 187-Unit LGBTQ Senior Housing Tower at 1939 Market Street
San Francisco has cleared a key hurdle for a 15-story, 187-unit affordable senior housing tower at 1939 Market Street, handing Mercy Housing California...
San Francisco’s Record $16.9B Budget Rests on Commercial Real Estate’s Fragile Rebound
San Francisco’s largest-ever budget quietly wagers its balance on a commercial property recovery that is gathering speed but remains far from complete, tying...
San Francisco Ordinance Would Scrap Prop M Office Cap Review, Housing Balance Reports in 362 Pages of Code Cleanup
A sweeping code-cleanup ordinance now before the San Francisco Board of Supervisors would delete ten sections of the Planning Code outright, repeal the...
San Francisco Cuts Inclusionary Housing Rate to 5%, Exempts Projects Under 24 Units
The San Francisco Board of Supervisors voted 9-2 on Tuesday to cut the city’s inclusionary housing requirement from 15 percent to 5 percent...
FivePoint Clears Final Map for 7,200-Home Candlestick Point Megaproject, Breaks Ground This Summer in San Francisco
After more than a decade of false starts, environmental scandal and shifting market bets, developer FivePoint has secured the final approval it needs...
San Francisco Pivots to 3-to-6 Percent Commercial Foreclosure Tax, Eyeing $67MM a Year After Shelving BUILD Act
Days after pausing a sweeping transfer-tax cut for high-value property sales, San Francisco Mayor Daniel Lurie and Supervisor Bilal Mahmood are advancing a...
Bay Area Billionaires to Fund Half of $40MM Embarcadero Plaza Redesign in San Francisco
Crankstart and the newly formed Downtown Development Corp are pledging $20 million combined toward the public space overhaul, anchoring a public-private partnership that...
San Francisco Hands Control of Hunters Point Shipyard Parks to City Agencies in 66-Year Pact
The Board of Supervisors clears the way for Rec and Parks and the Arts Commission to manage 26 acres of open space at...
San Francisco Mayor Strikes Grand Bargain to Unstick Housing, Slashing Inclusionary Rate to 5%
Lurie and Supervisor Melgar pair a deep cut in affordable unit requirements with a charter amendment that would more than double the city’s...
Mercy Housing Advances 159-Unit Affordable Senior Project at Laguna Honda Hospital
The nonprofit developer pivots from an assisted living model to deeply affordable rentals, banking on state streamlining to clear a project two decades...
Academy of Art Sells 43,400 SQFT 2300 Stockton for $18.3MM in San Francisco, Clearing Way for 70-Unit Conversion
The Russian Hill restaurateur’s affiliate paid roughly 12 percent above the $16.4 million asking price for a 43,400-square-foot Fisherman’s Wharf office building, the...
Union Square Retail Vacancy Slides to 15% as San Francisco’s Downtown Comeback Gathers Momentum
Luxury tenants expand footprints and lease deals proliferate, but a 28 percent office vacancy and Grosvenor’s Bay Area retreat underscore the fragility of...
