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"Property tax records show only $7,900 was paid to the city last year. The city can expect to receive at least $300,000 more annually going forward."
Looks like $30M is about the ceiling. Wasn't the St. Regis penthouse also sold for about $28M?
SF lacks oil money.
http://blog.sfgate.com/ontheblock/2012/12/12/broadway-manse-becomes-3rd-most-expensive-sf-property-sold/
#housing