Tagged: rent

Coalition of Tenants protesting TIC law at City Hall on 1/28. (Photo: Waiyde Palmer) 6

Post Protest: Castro Controversy Erupts After Hotly Debated TIC Condo Conversion Legislation Gets Tabled

Monday a wide coalition of 200 activists from the Castro and nearly every City neighborhood gathered on the eastside steps of SF City Hall to voice their outrage over Supervisors Scott Wiener (Dist. 8) and Mark Farrel’s (Dist. 2) proposed legislation altering how Tenancy-in-Common (TIC) properties convert into non-rent controlled condos....

Diesel store with "for lease" sign 11

UPATED: Diesel Closes. Apple Store Coming?

UPDATE (5:49PM): We spoke with Andrea Aiello, the Executive Director of the Castro/ Upper Market Community Benefit District about the recent exodus of Diesel from their Market and Castro location so we could put this rumor mill to rest. Apparently, the reason why Diesel left was because of poor sales and a new...

Dist 2 Sup. Mark Ferrell and Dist. 8 Sup. Scott Wiener (Photo: BeyondChron) 9

Sup. Wiener’s Condo Conversion Plan Angers Many-City Hall Protest Monday

Castro’s Sup. Scott Wiener and Dist. 2 Sup, Mark Ferrell, have introduced legislation which, if passed, could allow owners to repeal rent control from thousands of landlord-occupied apartment buildings. Their plan will let Tenant in Common (TIC) buildings become condominiums automatically, bypassing the condo conversions lottery and tenant protections in the...

San Francisco, Castro Rental Rates 0

INFOGRAPHIC: Castro average rents increased 34% since last year

According to this infographic from LivingLovely.com, average Castro apartment rental rates have increased 34% since last year from an $2,494 to $3,352. But that’s nothing compared to how high rents in Chinatown and the Bayview have risen, both seeing an average rental rate increase of over 100%. I have a...