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Millionaire households in Bay Area

Here's a breakdown by county of Bay Area households with $1 million or more in financial assets:*

County Households
Alameda 23,402
Contra Costa 20,829
Marin 7,047
Napa 2,468
San Francisco 11,391
San Mateo 14,486
Santa Clara 31,246
Solano 6,262
Sonoma 8,485

*Includes liquid financial assets such as checking, savings and retirement accounts, mutual funds, stocks and bonds. Figures don't add up to Bay Area total cited in text, which is based on a market research region that doesn't precisely overlap county boundaries.     - Source: Claritas, Merrill Lynch, Capgemini      2008   June 25  SAN FRANCISCO CHRONICLE

The City has floated a concept to raise the heights of buildings in the Downtown Core.   The idea would be to raise height limits on several blocks south of Market Street to allow two towers as tall as the 853-foot Transamerica building and a third that would climb at least an additional 150 feet -- to more than 1,000 feet tall.   >>MORE


Computer renderings show how changes proposed for the Transbay Terminal area might alter the skyline. The red images are towers higher than 850 feet. The blue ones are towers now allowed. 

Silicon Valley High-Tech Rents Tumble
Rent in Silicon Valley for high-tech commercial real estate fell almost 30 percent in 2002, extending a slide that began a year earlier, according to a study released on Thursday.

Annual rent for high-tech work space in Silicon Valley averaged $15.24 per square foot in the fourth quarter, down 29 percent from $21.48 per square foot in the first quarter, according to commercial real estate services company Cushman and Wakefield.

Average annual rents in the region had been as high as $50.88 per square foot in the first quarter of 2001.

Silicon Valley, home to scores of big and small technology companies, has been hammered by the high-tech industry's downturn, sending local commercial rents tumbling as companies consolidated facilities while slashing payrolls.

Silicon Valley had about 30.15 million square feet of commercial space suited for high-tech companies available for rent in the fourth quarter of 2002, up 37 percent from 21.96 million square feet of such vacant space in the first quarter of last year.

The region's vacant high-tech real estate was a low 3.1 million square feet in the third quarter of 2000 when Silicon Valley's local economy was booming.

The unemployment rate in Santa Clara County, the region's heart, was 7.8 percent in November, down from 8.1 percent in the prior month but up substantially from 1.3 percent in December 2000 amid the dot-com boom and torrid business investment in tech goods and services of all kinds.    - Reuters   2 January 2003

 


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