Priced out of their rental in San Francisco’s Mission District at the start of the pandemic, Chris Henderson and her partner moved into the Merchant condo building that sits on a hill at the former Hunters Point Naval Shipyard, thinking they’d call the sunny and quiet community home for a long time.
Constructed about half a decade earlier, the 63-unit property was one of the first buildings completed as part of a massive and longstanding redevelopment plan for the decommissioned Navy shipyard and federal Superfund site on the southeastern edge of the city. It offered Henderson an affordable path to home ownership when real estate prices were peaking.
“We have a two bedroom, two baths, secured parking,” Henderson said. “It filled all of our boxes, other than being within walking distance to a grocery store.”…