The past year has been an extraordinary one for San Francisco, with records broken, expectations exceeded and new surprises in culture, business, technology and real estate coming our way every month!
Kate Beckinsale and Elon Musk at the Breakthrough Prize
Hollywood Comes to Silicon Valley
A New Architectural Icon at 8 Octavia
The Dramatic Louvers of 8 Octavia
The interior of the building is designed with just as much thought and innovation, with beautiful flooring from a Benedictine monastery in Austria, keyless entry, a remote doorman system that is the first of its kind in San Francisco, and built-in Nest thermostats, among other features.
Plans for a Floating Park in New York's Hudson River
More Tech "Disruption"
Danielle Fong, Meredith Perry, and Elizabeth Holmes
I'm fascinated by LightSail Energy's approach to clean and economical energy storage, and uBeam's technology of ultrasonic wireless battery charging. Theranos is starting a small revolution in healthcare with its fast, affordable blood testing services. It's a great sign for the culture of Silicon Valley that all three of these companies are led by female founders (Danielle Fong, Meredith Perry, and Elizabeth Holmes).
Kara Swisher and Walt Mossberg (Recode), Jessica Lessin (The Information),
and Jason Calacanis (Inside)
The Highest Sale in SF for 2014 - $23.5 Million on Pacific Ave
San Francisco Real Estate Trends
Skidmore, Owings & Merrill is Renovating The Strand on Market Street
San Francisco's traditional neighborhoods such as Hayes Valley and Upper Market are seeing dramatic new developments, adding an increasing diversity of architecture, as well as the new Pacific Heights development that could shatter price records. Skidmore, Owings & Merrill's major renovation of The Strand on Market Street is one the most important developments in the Mid-Market area.
Swimming Pool at the Upcoming Lumina Development
The "5M" project around the Chronicle building also continues to take shape and will be a beautiful new addition to the City, and units at Lumina, San Francisco's largest condominium project ever, continue to sell briskly. Meanwhile, the pace of appreciation is slowing gradually to more sustainable levels, leading to a more balanced market.
Christian Dior to Open a New Union Square Boutique in 2015
This Stunning Wine Country Estate is $12 Million
Three Sticks Winery, Designed by Ken Fulk
(photo: Douglas Friedman/Architectural Digest)
Of course, the chicest new thing in Sonoma right now is 170 years old! Designer Ken Fulk recently transformed the historic Vallejo-Casteñada Adobe located just off Sonoma’s town square into a beautiful office, storehouse, and tasting room for Three Sticks Wines. I recommend a visit the next time you're in town.
Highest Asking Price in the Bay Area is the Flood Estate for $69.8 Million
Luxury Market Goes Ultra Luxe!
A Striking Duplex Penthouse for $39.8 Million in New York
(Listed by Dolly Lenz and Steven Gold)
We will also be seeing the increasing influence of international buyers' cultures and traditions on real estate in the US. With 63 percent of all spending in Beverly Hills now coming from international travelers, super-rich Saudis and Chinese are changing the culture and consumer habits of the area, according to the Hollywood Reporter.
A Magnificent Beverly Hills Estate for $55 Million
(Listed by The Agency)
Around the world, some historic properties are coming on the market, from William Randolph Hearst's Central Park West apartment to San Francisco Gold Coast Mansions (there are some amazing off-market options now that you won't find on the MLS!), as well as Belvedere's historic Locksley Hall with its panoramic views and $35 million in renovations.