#san-francisco-housing

#san-francisco-housing

A stalled residential project which could make up nearly 1,000 of the 82,000 new units San Francisco is mandated to build in the next half-decade appears to be back in motion and headed toward construction. As the SF Business Times reported Wednesday, developer Crescent Heights is making some moves on 10 South Van Ness, a project that has been in the planning stages at least eight years.

The FAA lifted its emergency order Monday morning that had limited flight traffic by as much as 6% over the last ten days. Cancellations continued on Sunday but were at their lowest point since the order initially took effect. [CBS News]

Chris Elmendorf-UC Davis law professor, prominent Yimby enabler, and de facto Chronicle staff columnist-is a scourge of economic illiteracy. Usually he trains his contempt on "folk economics" -what he and his colleagues call the economics of "a mass public befuddled by the relationship between housing supply and prices." In an October 30 op-ed for the Chronicle, Elmendorf cast a withering eye on a new target: city planners-specifically the staff of the San Francisco Planning Department.

As San Francisco leaders finalize their plan to make way for thousands of new homes, they have heard the same criticism: New construction could dramatically change the quaint and quirky character of San Francisco neighborhoods. On Wednesday, the Planning Department and Supervisor Connie Chan will host a community forum to discuss designating 10 neighborhood buildings as historic landmarks there. The event will inform Mayor Daniel Luries Family Zoning Plan, which includes a landmark designation program.

San Francisco housing prices are back to normal. If that sentence made you laugh - or cry - you're probably not alone. A new report from Redfin claims that, after a tumultuous few years of skyrocketing home price appreciation and elevated mortgage rates, home prices in San Francisco have returned to July 2018 levels, the last time the city's real estate market could be dubbed "normal."

All the while, Brownstone has rented beds to a rotating cast of tech startup founders, immigrants and other new-to-the-city characters willing to stay in barely private, 4-foot-tall boxes for $700 a month. And now, CEO James Stallworth is ramping up Brownstone's ambitions. He told SFGATE on Wednesday that the startup is close to leasing a new space not far from Mint Plaza, big enough for 100 pods.

But Mission Local had a bombshell revelation in April 2024, when they found that a rogue property manager at those buildings was simply collecting tenants' rent in cash and pocketing it for himself. But the city was not sympathetic to those tenants' plight, and started sending them eviction notices last August. Still, the tenants are making legal cases that they did pay rent, and their eviction cases might drag on in court for months, if not years.