The Mission's Vida Sells Out, and Buyers Are Almost All in Tech
Photo via Erik Wilson
Vida, the big condo building on Mission Street from Oyster Development, first opened its sales offices back in April of 2014. Now,the 114 units in the Kwan Henmi-designed building have officially sold out, and about 90% of the buyers are employed in the tech industry. According to Vida's Sales Director Wendy Novia, many of those tech buyers already rented in the neighborhood and were attracted to the building's proximity to BART, the freeway, tech shuttles, and even the Valencia Street bike lane. Vida sales were handled by Polaris Pacific and ranged from $644,000 for a junior one bedroom up to $1.8 million for a 1,521 square-foot two-bedroom with parking. The building's average topped $1,100 per square foot, and units on the top floors averaged $1,320 per square. Residents are likely eager for the opening of the final component of the complex, which will see an Alamo Drafthouse open in the restored New Mission Theater.
Vida, the big condo building on Mission Street from Oyster Development, first opened its sales offices back in April of 2014. Now,the 114 units in the Kwan Henmi-designed building have officially sold out, and about 90% of the buyers are employed in the tech industry. According to Vida's Sales Director Wendy Novia, many of those tech buyers already rented in the neighborhood and were attracted to the building's proximity to BART, the freeway, tech shuttles, and even the Valencia Street bike lane. Vida sales were handled by Polaris Pacific and ranged from $644,000 for a junior one bedroom up to $1.8 million for a 1,521 square-foot two-bedroom with parking. The building's average topped $1,100 per square foot, and units on the top floors averaged $1,320 per square. Residents are likely eager for the opening of the final component of the complex, which will see an Alamo Drafthouse open in the restored New Mission Theater.
· Vida Sales Office Open and Selling on Mission Street [Curbed SF]
Pinterest Pins Down a New Home at SoMa's 505 Brannan
Photo-sharing site Pinterest has been pretty much perpetually on the hunt for more space over the past few years. The company is currently at 808 Brannan Street, and early efforts focused on other nearby sites like 333 Brannan, which went to Dropbox, and 270 Brannan, which was snagged by Splunk. Then there was the effort to move into the San Francisco Design Center, which the building's current design-oriented tenants fought. When Pinterest gave up on the Design Center, itannounced that it would take on new space at 651 Brannan while continuing its search for more room. Now, the company has signed a lease for all of the office space at the upcoming 505 Brannan Street, a 150,000 square foot building designed by Heller Manus.
The former Page Street Baptist Center at 690 Page is currently undergoing demolition so that four new residential buildings can rise. The center had been vacant for the past four years, and plans to build 12 new three-bedroom units first emerged back in 2013. Construction is supposed to last into next year. [Hoodline]
Spray-Painted FEMA X Still Marks the Storm in New Orleans
Two sets of FEMA markings on this Lakeview house show separate instances when the house was searched. All photos by Michael Winters.
To mark the 10th anniversary of Hurricane Katrina, this week Curbed is looking at how the housing, architecture, and neighborhoods of New Orleans have changed since the storm. Here, writer Christopher Romaguera and photographer Michael Winters on the FEMA markings left on New Orleans houses.
"I see you still got it up?"
I was talking to my neighbor, local writer and woman-about-town Pamela Davis-Noland, when someone leaving her house asked her this question. She had a retort ready: "Baby, you know that's never coming down." She was talking about the FEMA markings placed on New Orleans houses weeks, and sometimes months, after the levees broke.
Diminutive 395-Square-Foot Van Ness Studio Snags $515K
In mid-July, a compact little studio at 750 Van Ness Avenue came on the market asking $439,000. The studio is really just a long, narrow box, but it does at least have room for a full-sized refrigerator, a stove, and a dishwasher. There's also a spot for a couch, although it really has to sit right across from the kitchen meaning that it's a better spot for watching the refrigerator than television. The apartment sold this week for $515,000, which is a solid $76,000 over asking and $1,303 per square foot.
5 Impressive Tiny Houses You Can Order Right Now
Photo via Toy Box Tiny Home
Lately, we've seen heaps upon heaps of micro homes crop up with all sorts of eye-popping attributes, whether it'd be glam interiors, wildlylow budgets (how does $489 sound?), or major eco-friendly cred. But sometimes, the best tiny house is the one that's all ready to go, with the floor plan and systems all figured out. So without further ado, here are five of the coolest tiny houses you can get your hands on at the moment, with aesthetics ranging from rustic-chic to utilitarian to a little bit midcentury.
San Francisco is in the midst of something of a building boom, at least compared to its historical norms, but its boom pales in comparison to those taking place in areas like New York and Boston. In 2015 there has been 69% more construction permit activity than the metro area's historical norm, but that was only the sixth-highest in the country. In the New York metro area, construction is currently 255% percent higher than it has generally been in the past. Boston, Philadelphia, Los Angeles, and Newark, NJ are also building at rates well higher than their norms. [Trulia]
Eureka Valley Edwardian Lowers Its Expectations by $595K
At the end of July, a beautifully renovated Eureka Valley Edwardian came onto the market with very big hopes. Although the house has four bedrooms and a sought-after location, it isn't exactly one of the sprawling, blinged out swankfests of the multi-million dollar flips that dot its neighborhood. Its fourth bedroom really feels more like a finished basement and is currently set up as a media room, and there is only one bathroom amongst the three bedrooms on the top floor. There's also only one parking spot. The home originally set a big $2.895 million asking price, but fairly quickly took a big drop down to $2.3 million.
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A Concord Eichler Looks for Its Second Owner and $607K
It's not unusual to find a well-kept Eichler tucked away in the East Bay suburb of Concord, where a true Eichler enclave exists, but it is pretty rare to find one being sold by its original owners. The four-bedroom, two-bathroom Eichler at 1237 Lancashire Drive has never changed hands since its original sale in 1964, making it something of a dream home for purists who like their Eichlers untouched. The house boasts an open atrium with a retractable roof at its center, original globe lights, and the framing for the kitchen's original swivel table. The custom midcentury built-ins in its office, one bedroom, and the dining room remain intact. The 2,007 square-foot house is listed by Nicole Collins of 4 Rivers Realty, and is asking $607,000.
Kid-Friendly Interior Design: How Far Is Too Far?
Skyhouse by David Hotson and Ghislaine Viñas—Photo by Eric Laignel via Dezeen
Among all the color-coded bookshelves, TVs hung above fireplaces, and other played-out decor trends, one persistent source of interior design drama and intrigue has to do with kids, particularly the notion that outfitting a home with super whimsical features will surely delight the youngest residents. From tunnel slides to multiple floors of netting, there is a lot folks can do to render their abodes more like stylish McDonald's PlayPlaces (or really, in this day and age, thehippest wackiest tech company offices.) Anyway, these fun-focused decor maneuvers popping up with varying degrees of ridiculousness got us asking: have design-minded parents gone off the deep end?
How to Buy a Home When You Have Student Loans
Student loans can feel like a roadblock on the path to homeownership, but that doesn't have to be the case. The SoFi mortgage was actually designed to help prospective homebuyers with student loans overcome some common hurdles.
For example, making that student loan payment each month can seriously interfere with your ability to save for a down payment. Fortunately, with a SoFi mortgage loan, you can put as little as 10% down without paying for expensive private mortgage insurance. And while traditional lenders use strict debt-to-income (DTI) ratios to determine loan eligibility, SoFi uses a flexible DTI ratio. This means that even borrowers with big student loan payments can potentially get more financing than they thought was possible.
Have student loans? Thinking about buying a home?
Don't let student loans keep you from buying the home you really want. See what SoFi can offer you online in just a few minutes — just visit SoFi.com.
SoFi Lending Corp., NMLS #1121636. Terms and conditions apply. Please see SoFi's eligibility and licensing page for more details.
15 of Paris's Dreamiest Secret Gardens and Green Spaces
This statue in the Jardin de la Nouvelle France is steps off the crowded Champs-Élysées. Creative Commons image by Brett Hammond
Hidden parks can offer urban escapes, a wealth of trivia about a city's history, and a curious diversity of flora and fauna. But, especially when discussing tucked-away gardens in the French capital, romance and beauty certainly come to mind. Paris boasts more than 400 parks and gardens spread over 20 arrondissements, many of which are internationally famous. But, this being the city of hidden passages and out-of-the-way cafés, it's no surprise there's also quite the collection of poetic escapes, many of which are located in the shadows of some of the city's biggest tourist attractions. During a month when many Parisians are on holiday, it's fun to plan (or at least daydream) about exploring the fringes of La Ville Lumière.
Bay Meadows, the development on the site of a former horse racetrack, has announced SurveyMonkey as its first major commercial tenant. The development spans 83 acres and has both housing units and office space. SurveyMonkey will move from its current Palo Alto space to 210,000 square feet at Bay Meadows sometime in early 2017. [San Francisco Business Times]
Developer Trumark Urban has been busily putting up condos all over San Francisco and has now filed preliminary plans to build its first office building in the city. The proposednine-story office building at 598 Bryant Streetin SoMa would include a 4,000 square-foot amenity deck and 3,300 square feet of ground floor retail. Because the entire building clocks in at just under 50,000 square feet, it would be exempt from the Proposition M cap that limits large office project development in the city. [SF Business Times]
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