Crack Found in SoMa's GlasDore - NBC Bay Area

Crack Found in SoMa's GlasDore

San Francisco condos fall into "receivership"



    Crack Found in SoMa's GlasDore
    You can't get your hands on this condo at the GlasDore, no matter how nicely it has been staged.

    GlasDore, the SoMa residence with a "modern industrial vibe" at 30 Dore St, might be in a spot of trouble.

    A resident wrote in Sunday to say that "(I) just got a notice put on my Door at 30 Dore Street that the property has gone into receivership."

    Receivership: that warm, fuzzy kind of bankruptcy where one avoids certain doom by appointing a "receiver" to take care of business for you.

    The 42-unit building's Web site currently notes— and perhaps has for a while— that "the sales program at GlasDore at 30 Dore Street has been postponed. Please check back in the future."

    Says our informant: "No [sic] sure about the impact on other Baumeister Collective properties in SOMA." Cubix, you hangin' in there OK?