In September, 1740 20th Street, a roughly 3,000 square feet, three bedroom, two bath home, sold for $9.5 million. Zillow had estimated the property’s value at about $3 million, itself a hefty sum. It’s assumed that the buyer paid cash; otherwise they’d be facing something like a $35,000 a month mortgage payment, which, apropos of little, is the median annual wage of a massage therapist. The sale went down without the house going on the market; seemingly some type of Ed McMahon character is knocking on Hill – and Mission, where Mark Zuckerburg and his wife made a similar size sudden purchase a few years back – doors offering suitcases full of cash. No, that isn’t United Parcel Service, it’s your ticket to retirement! The latest Gold Rush has gone platinum…Meanwhile, a Pagani Huayra was spotted parked outside Piccino last month, one of only 100 made, with a purchase price of $1.4 million each. A car that costs far more than most houses used to, a house priced at an amount that might have purchased a tropical island not so long ago. It’s science fiction inflation, except it’s real…
UCSF Eats the Dog
Last month the University of California, San Francisco acquired 590, 600, and 602 Minnesota Street, which, if the university has its way, will be developed into as many as 1,000 student housing units. “San Francisco has always been an expensive place for our students to live, but more and more are giving up their first choice for other institutions they can better afford,” said Dan Lowenstein, UCSF executive vice chancellor and provost. “Our goal, as a top-ranked health sciences university and a major economic engine for the City, is to find innovative ways to help them join us.” Dogpatch residents have long been fearful that UCSF-Mission Bay, roundly disparaged as sterile and non-pedestrian friendly, will spill its ugly footprint into the neighborhood. The university purchase appears to be the next step in that process.
On November 8th the German School of San Francisco – which is reveling in its 80th anniversary – will celebrate the Central European tradition of Saint Martin. At 6 p.m. that Sunday celebrants will gather at the Jackson Park Clubhouse, with a children’s parade along 18th Street between Arkansas and Missouri streets, featuring songs, brightly-colored lanterns, and refreshments. The festivities commemorate a bitterly cold winter night hundreds of years ago, when Martin, a Roman soldier, road his horse through the archway of an old city. He came upon a poor beggar shivering from cold, removed his cape, slashed the mantle in half with his sword and covered the freezing man. The following night, Martin had a dream which marked the beginning of his lifelong devotion to helping human-kind, becoming known for bringing warmth and light to those in need. The German School, which meets at Mercy High School, is a small Saturday school that offers German language instruction to children and adults. All are invited to participate in “Laternenfest,” with a suggested donation of $10 adults; $5 children… Speaking of celebrations, Happy Birthday, or should we saying Happy Bleeeeeetday, Goat Hill Pizza, still spry after 40 years of feeding Potrero Hill and beyond.
The View joined five others intrigued by the possibility of combining milk with something other than cookies at an event to celebrate “milk pairings” at Namu Gaji, a Korean fusion spot run by three brothers that’s located in the Mission. The evening was hosted by the “Got Milk” campaign and included a five course meal, the ingredients for much of which came from the owners’ private one acre farm in Sunol. Two small opening salads featuring greens and bits of cod and catfish were followed by larger courses of oxtail and Korean fried chicken. Dessert was a small plate with burnt caramel, Castella cake and diced Asian pear.