Golden State Warriors guard Stephen Curry has decided that a luxury condo in Downtown San Francisco is not for him.
First reported in 2020, Curry and wife Ayesha had agreed to throw down $8 million on a luxury SoMa condo just 2.5 miles from the Chase Center.
But a recent analysis of city records by The San Francisco Business Times revealed that the Warriors' star has pulled out of the deal.
The star will not move into the 30th floor that matched his jersey number in one of the city’s swankiest buildings.
As the Warriors were migrating from Oakland to SF, the Currys also splashed out on the Bay Area’s priciest home in 2019, which is now their primary residence, in Atherton.
And the Currys are not alone in their decision to seemingly back out on Downtown living, The Business Times found that only 13 of the 146 units at the Four Seasons Private Residences on Mission Street have been sold since presales opened in 2020.
While the tower sold two of the most expensive homes in luxury highrise residences in the city for 2021, none of those deeds are listed under the Currys or any previous LLCs they used to purchase previous homes.
The site of the building was purchased for $23.5 million in 2006 by an affiliate of Millennium Partners. Construction of the luxury highrise started 10 years later at an estimated development cost of $500 million. In 2018, Westbrook Partners took over the 45-story project; the company was contacted for comment.
High-rise condos account for the bulk of San Francisco’s newest homes amid an ongoing housing crisis. Many of them are piling up and sitting empty as Downtown struggles with the slow return to offices.
The Four Seasons Private Residences is proving to be just the latest casualty.
A message via Stephen Curry’s website sc30.com was not immediately returned.
Questions, comments or concerns about this article may be sent to email@example.com