Ritz-Carlton joins condo club

From the Examiner, "The Ritz-Carlton will partner in a luxury condo and time-share development in the historic former Chronicle building on Market Street."

"The plans call for adding eight stories atop the current 16-story building, the first skyscraper on the West Coast when it was constructed in 1890. The Chronicle moved out of the building in 1924. The developer plans to unwrap the aluminum and glass exterior added to the historic building at Market and Kearny streets in the 1960s. Removing the cover will showcase the brick and stone façade, a move cheered by preservationists."

SF Gate has a similar digest piece on the new condo plan.