News
The Housing That Twitter Built
November 8, 2013
On the @condor floor, which features a back-lit twig design, employees can snap crazy pics with this bird house camera. In the two blocks surrounding Twitter, Jim counts 4,000 new apartment units, either completed, under construction or in planning stages. That's a big shot in arm for this area, which was previously a sleepy neighborhood, he notes. The number of people willing to pay $4 per SF for high-end units will soon outnumber the area's thousands of single-room occupant (SRO) units subsidized by the city. While Twitter employees essentially never need to leave 1355 Market (games, food and lounges are at their fingertips) the good news for apartment developers is they still need a place to sleep.
