Skip to comments.Al Gore's Move to San Francisco Generates Real Estate Buzz
Posted on 12/28/2005 9:52:59 PM PST by festus
San Francisco, California (PRWEB) December 28, 2005 -- Following news that Al Gore and wife Tipper have purchased a multimillion dollar condo at the new St. Regis highrise in San Francisco, well-heeled home buyers throughout the city are clamoring to join the neighborhood.
"Ever since people learned that Al and Tipper Gore were moving into the St. Regis, I've had three times as many inquiries about the place," says Damion Matthews, a realtor specializing in San Francisco's luxury condo market.
"There's something about living near a person so powerful and important that really excites folks," he says.
"A client of mine just moved into the swanky Four Seasons a few blocks away, where the Mayor happens to be. It's a great place. But when she heard the Gores were moving into the St. Regis, she called me up and said she wants to sell her place so she can move to the St. Regis right away! I guess it's more exciting to live near a former VP than a current Mayor."
The Gores' new neighborhood, formerly a block of drab old office buildings and parking lots, has recently been revitalized by construction of the Museum of Modern Art, the beautiful Yerba Buena Gardens, and now the gleaming new 40 story St. Regis tower.
But before the Gores bought their condo, there was already considerable interest in the building. Of the 102 units put up for sale, less than 20 are still available.
"It's gorgeous! One of the finest condo buildings in the country," says Matthews, who points out that among it's best qualities are its spectacular views of the city and bay.
"Al might prefer to have a view from the Oval Office, but the stunning sights he gets from his new condo must be a good consolation. From his vantage point, he can even see his new television studios across town," says Matthews, speaking of the "Current TV" headquarters on Townsend Street.
To much of the country, the estimated $2 million the Gores spent for their condo might seem astronomically high, but in the pricey San Francisco market it's considered reasonable. Just a few floors above the Gores, one investor purchased three Penthouses for a total estimated at $30 million.
Amenities at the building include 24-hour room service, butler service, a fitness center, spa, lap pool, even a world class restaurant that's been receiving rave reviews.
"With such high demand for this kind of luxury living, if the Gores decide to move out in a couple of years, they could pocket at least $500,000 in profit," says Matthews, who tracks the condo market for the website www.liveinsf.com
"But if Al and Tipper Gore are as happy to be in San Francisco as we are to have them here, they won't be leaving anytime soon."
And they call him a powerful person in the press release too. *snicker*
The other thread has 130+ replies.
Al Gore went from being a conservative as a congressman to a radical leftist.
Al Gore can finally be Al Gore and he is loving it.
Yeah ...like ... there goes the neighborhood
I kept looking for the 'scrappleface' source line.
What's his reason for moving to SF, I wonder? He obviously isn't planning to run for anything in Tenn.
And being a radical leftist has apparently been very lucrative for Mr. Gore. The property is in the $10 million range.
> "There's something about living near a person so powerful and important that really excites folks," he says.
'Gee, can't wait to find a place to live near "The Inventor of The Internet!" Does that mean I'll get a faster connection? Aw pleeezz Al!' /snicker
This is great news. Now most of them will all be in one spot, all in one neighborhood. You'll have "The Inventor of the Internet" living at #23. HillBilly Clintons at #25. M&M at #27. Babs at #29. "The Boss" at #31...
They can all form a voting bloc and... ummmm... take over City Council? Swing San Francisco way over to the Left?
The possibilities are endless!
Ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha. That's a good one!
I think he's after California's ELECTORAL votes.....and voters.....he fits better there than in Tenn, that's fer sure.
I guess he got all those fences mended in Tennessee.
On a flat-earth, it can't swing much more to the left, else it falls off the planet ....
Surely, Al must realize that it's over, but wouldn't it be fun to see him go head to head with Hildebeast? I'd love to see him get nasty and do a Dingle Norwood on her.
Al's planning to run for Governator of California. Not surprising.
Sounds like he's Al Poor and can't afford a higher floor or price tag.
Loser. Another carpetbagger who could probably run for something and actually win here, the place is so far gone.
SF, what a perfect little fiefdom for Little Lord Fauntleroy.
> On a flat-earth, it can't swing much more to the left, else it falls off the planet ....
Hee-hee! This one's fun! Al always was good for a laugh on a Thursday afternoon!
Well said indeed!
Hmmm... a sequoia tree is pretty powerful... for a tree.
FYI: Did you folks know that "sequoia" captures all 5 vowels - "y" is not allowed ;-)
He couldn't even get his rental house toilets in Tennessee fixed, much less the fences. On the other hand, I can see how having Al in the neighborhood could improve property values. Everyone wants to live where there's a view of trees.
I guess that he's showing his true character just by where he choses to live.
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