Great Depression Recovery (1930s)
After the 1929 stock market crash and ensuing depression, San Francisco office construction ground to a halt. The Lurie Building at 417 Montgomery broke ground in 1935 as one of the first major private projects to restart.
Construction provided jobs and signaled renewed confidence in the city's commercial core.
The building became a fixture in the Financial District, housing tenants for decades.
This building survived the worst economic downturn in memory; the current sale echoes that resilience as the city emerges from pandemic-era remote work.
