San Francisco is bracing for the next economic crash, it seems – at least that’s according to Bloomberg, which reports that the city is working on a plan that should set it up to withstand another 2008-style bust.
Mayor Ed Lee warns us that we shouldn’t take the vibrancy of the economy for granted (has he noticed all the folks who are struggling with this particular version of “vibrancy”?) and is joining several other cities around the country in figuring out which hatches to batten down when the storm hits. Reports Bloomberg:
“San Francisco’s report, to be released in about eight months, will offer step-by-step actions aimed at protecting jobs and industries and spell out how to best spend tax dollars and federal stimulus funds on public works projects to prop up the local economy.”
But we’re not there just yet. And in these times of not-yet-bust, everything is still horribly expensive, as evidenced by this Trulia post about “where rents are still too damn high.” There’s an interactive map, too, where you can see how neighborhoods stack up in terms of the percentage of 1-bedrooms that are listed for more than $2,000 a month. Of course that percentage tops out in the Mission, where it’s at 98.
Trulia’s post focuses on one-bedrooms, but for those of us who share studios, the Mission is equally sad: A cursory Craigslist browse has me thinking that $2,000 a month is also the benchmark for pretty much the lowest price of a studio, and a number of SRO-style shared-bathroom listings and rooms in shared homes also pop up for well over the $1,000 mark. Good luck finding any type of place to sleep for under $1,200 at all. Unless you want to fork over $600 a month for this “converted office” room which…good lord. Paging Apartment Sadness over at SFist.
Also on the “too damn expensive” list: Building parking spaces. Curbed took a look at various estimates, which range from $23,000 to a credulity-straining $85,000 per space.
In the Mission, the density of really dang old buildings is pretty high compared to the rest of the city – at least that’s according to one in a series of heat maps from the National Trust for Historic Preservation, via Curbed. Other variables that made the Mission light up: Average percent of property value change, “character score” of buildings, and locally owned businesses.
Speaking of businesses, there has been a bit of turnover:
Sixteenth and Valencia’s shutterd sushi restaurant has been replaced by new sushi restaurant, this time called V-Sixteen. The proprietor is an established restauranteur with two other joints in San Francisco and one in San Mateo.
Similarly, kitty-corner, Bangkok Bistro has also opened – that’s in the space previously occupied by Thai House II.
A few blocks down, you can now eat at Tawla, a new Mediterranean restaurant run by a former Google employee with dreams of opening an eatery – which also, by the way, is trying the no-tipping model. More on that here.
SocketSite also reports that the Oil Changers across from Zeitgeist is not long for this world – at least if nobody requests a Discretionary Review on the 28-unit condo building with ground floor retail planned at that location.
Finally, after much anticipation, Brava Theater Center is re-starting its ambitious renovation plan to reopen and alter the ‘storefronts’ along its 24th-street face to create a few more community spaces and a black box theater. Check out the specifics of the plan in this video – which also explains why the theater is hoping to raise some funds from the community to complete their vision.