Articles

  • 1 day ago | sfstandard.com | Kevin Nguyen |Kevin Nguyễn |Rya Jetha

    The CEO made the announcement after Tesla shares took its worst beating since 2022 in the stock market. With Tesla shares down 41% so far in 2025, Elon Musk said his time allocation to the Department of Government Efficiency will “drop significantly” starting next month. The announcement was made during the opening remarks of Tesla’s quarterly earnings call on Tuesday. Tesla’s stock suffered its worst quarterly drop since 2022 in the period that ended in March.

  • 2 days ago | sfstandard.com | Kevin Nguyen |Kevin Nguyễn

    Forge Development Partners outlined its new financing strategy to build 1,200 homes after federal subsidies were “clawed back” this year. An office-to-housing conversion project touted as the first of its kind since the pandemic is running months behind schedule — but the developer behind it says he’s dramatically expanding his plans to build new housing in the downtown core. In September, the architect-turned-developer Richard Hannum threw himself a “kick-off” party at the Humboldt Bank Building.

  • 6 days ago | sfstandard.com | Kevin Nguyen |Kevin Nguyễn

    SF’s largest complex was supposed to add 10,000 homes, but its development timeline is littered with stops and scandals. For nearly two decades, San Franciscans have been sold a pipe dream about Parkmerced. The 3,221-unit development, hastily built in the aftermath of World War II, spans some 152 acres of the west side, adjacent to San Francisco State University, the Stonestown Galleria, and some of the country’s best golf courses.

  • 1 week ago | sfstandard.com | Kevin Nguyen |Kevin Nguyễn

    By Kevin V. NguyenPublished Apr. 16, 2025 • 12:28pmA prime piece of federal real estate in Silicon Valley has been auctioned off to a San Francisco buyer. On Tuesday, an entity tied to developer Presidio Bay Ventures emerged as the highest bidder for a 17-acre campus at 345 Middlefield Road in Menlo Park, home to Meta and other tech giants.

  • 1 week ago | sfstandard.com | Kevin Truong |Kevin Nguyen |Kevin Nguyễn

    When a developer is a world-famous celebrity, bargaining with labor becomes a whole new game. The news that Stephen Curry wanted to pursue his post-NBA career in San Francisco rather than hightailing it to New York or Los Angeles was a much-needed win in a city struggling to find its groove again.

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