downtown

SF's downtown condo market is cratering, with units selling at cut prices

SF’s downtown condo market is cratering, with units selling at cut prices

San Francisco’s sluggish, post-COVID recovery is hammering the downtown condo market, with owners increasingly willing to sell at a discount amid ongoing tech layoffs and office closures, according to a new report of the Compass real estate brokerage firm. According to the report, median condo sales prices in the Greater Downtown and South of Market …

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Advance of $353 million in tax relief for 'downtown' Chesterfield projects

Advance of $353 million in tax relief for ‘downtown’ Chesterfield projects

CHESTERFIELD — A plan to create a “downtown” Chesterfield passed its first major hurdle on Monday when a special commission recommended it receive $353 million in tax incentives. The commission voted 9 to 3 to recommend that the city council grant a tax incentive to two projects poised to create thousands of new apartments, restaurants …

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