Monday Digest: S.F. scores $117M for new housing; New law expands CEQA exemptions – San Francisco Business Times – The Business Journals

Good morning, Bay Area. It’s early October in the city, which means the skies are about to get a lot busier with the Blue Angels and Fleet Week, which begins today. About a million people are expected to visit with clear skies and warm temperatures in the forecast. And for all those visitors looking to get a bite to eat, it’s worth noting that two San Francisco restaurants have landed on Tripadvisor’s Best of the Best Restaurants for 2022 list, which was released last week: Jackson Square’s Kokkari Estiatorio and Treasure Island’s Mersea Restaurant. And speaking of traveling, gasoline prices throughout the Bay Area increased by more than 50 cents in the past week, according to an analysis released Monday by GasBuddy. Turning to residential real estate, San Jose and San Francisco led the nation in August with the sharpest home price corrections, down 13% and 11%, respectively, from their 2022 peaks, according to an August report by mortgage tracker Black Knight Inc. New full-month…

Read Full Story: https://www.bizjournals.com/sanfrancisco/news/2022/10/03/sfbt-digest-monday-ceqa-breed-117m-housing-united.html

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