San Francisco Proposition Results for March 5 Election – San Francisco Public Press

The San Francisco Department of Elections is reporting results for the seven local propositions on the March 5 ballot. With just over 83,000 ballots counted, here’s what we know so far. Current results consist of vote-by-mail results received before election day.  Results released on election night are preliminary and will change in subsequent days as the Department of Elections continues… Read More

94-Year-Old San Francisco Tenant Fights Eviction by New Corporate Landlords – BNN Breaking

Helen Byrne, a 94-year-old San Francisco resident, is confronting the possibility of eviction from her lifelong home after real estate investors purchased her building. Byrne, who has lived in the same apartment since she was 12, is being threatened with displacement alongside her fellow long-term neighbors due to the building’s acquisition by an LLC in 2020, aiming to capitalize on… Read More

$2M lot with gorgeous San Francisco views sits empty. Why? – The San Francisco Standard

More densely populated than anywhere in the country beyond New York City, San Francisco doesn’t have a lot of open space left to build on—and the higher into the sky you go, the scarcer and more expensive it gets. One fenced-off parcel stands out, though. Just a few blocks down from Twin Peaks’ dual summits, an extremely steep and undeveloped… Read More

Proposed CEQA and Tax Exemptions for Projects in Downtown San Francisco – JD Supra

Senate Bill (SB) 1227, introduced by Senator Scott Wiener on February 15, 2024, would help speed the recovery of downtown San Francisco by creating a new CEQA exemption for qualifying commercial, institutional, student housing and mixed-use development projects in the Downtown Revitalization Zone, which includes the Financial District, Union Square, Eastern SOMA, Mid-Market, and Civic Center neighborhoods. SB 1227 would… Read More

San Francisco election 2024: Voters decide on Prop. C – The San Francisco Standard

San Francisco voters were deciding Tuesday on Proposition C, which allows for a one-time transfer tax exemption for property owners who convert office buildings to housing. The exemption would apply to the first sale of a property after its conversion. The transfer tax exemption would apply to property owners who get approval to convert commercial property to housing before 2030.… Read More

San Francisco office conversions: Why so few projects? – The San Francisco Standard

An ordinance passed to change the city’s codes to relax rules for conversion projects has had little impact thus far.  So what are other cities doing that San Francisco is not?  Washington, D.C., sits atop the rankings with 5,820 conversion units currently in the pipeline, compared with only 150 units across the entire San Francisco Bay Area, according to Yardi… Read More

San Francisco’s Apartment Occupancy Takes Surprising Turn – Globe St.

There was a time when the fact that apartments in San Francisco enjoyed 95.4% occupancy in January would not have been considered a big deal. But in January this year that changed. A RealPage Market Analytics report noted San Francisco’s achievement “isn’t spectacular.” However, it was good enough to save it from the fate of other big markets with relatively… Read More

Nvidia CEO Jensen Huang’s Luxe Real Estate Ventures: From San Francisco to Maui – BNN Breaking

Jensen Huang, the visionary behind Nvidia, commands a real estate empire that mirrors his monumental success in the tech industry. With a striking property portfolio that spans from the tech-savvy streets of San Francisco to the serene shores of Maui, Huang’s investments tell a story of calculated risk and opulent reward. This exploration delves into the intricacies of his holdings,… Read More

Gov. Newsom pushes for Prop 1 in San Francisco – NBC Bay Area

Gov. Gavin Newsom spent Monday morning in San Francisco talking with union workers and city leaders campaigning for Proposition 1. It’s an issue he says he’s worked on for five years, but one that’s been decades in the making. The governor joined other political heavyweights, including Mayor London Breed, to lobby voters on two of the city’s biggest issues —… Read More