www.socketsite.com/archives/2006/07/book_concern_bu_1.html
While the price point may be low, keep in mind that the price per square foot is not. As best we can tell, studio units average around 270 square feet, while two bedrooms average around 425 square feet.
Posted by socketadmin at July 6, 2006 12:42 AM Comments from Readers So basically you are paying the same $1,000 per sq. foot that you would pay at some of the best luxury addresses for 275 sq. Posted by: Anonymous at July 6, 2006 08:29 AM The new Federal Building nearby should clean up the neighborhood somewhat, hopefully sparking new businesses to open up. I am very interested to see how they manage to put 2 bedrooms in less than 500 square feet! Posted by: etslee at July 6, 2006 11:43 AM Everyone complains about the cost of living in SF. Small units for a nominal amount of money, regardless of the high sales price per sf. I'm sure that retrofit nor the land was cheap, and the profit not that significant considering the risk. They look like clever and interesting spaces for a reasonable price. I look forward to touring the building and applaud workforce housing effort. Posted by: R Davidson at July 6, 2006 02:18 PM Post a comment Name: Email Address: URL: Remember Me?
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