Founded 150 years ago by Levi Strauss and others as a Jewish men’s club, the Concordia-Argonaut Club in San Francisco is close to selling a building it has occupied for more than a century, sources have told J.
Club president Patricia Rosenberg said this week that she couldn’t comment on a potential sale. However, the now coed club put its building on Van Ness Avenue up for sale earlier this year, listing it at $21.5 million, with Rosenberg commenting then, “The board felt the time was right to test the market.”
The stately 52,000-square-foot space includes a basement pool, a basketball court, a library, a large dining room and two bars. A source said the buyer is Academy of Art University.
Rosenberg said this week that the club is “looking to maximize our real estate assets” and wants to downsize “to something that will meet our members’ needs better, something in the 15,000- to 20,000-square-foot range.”
She said the club intends to relocate in San Francisco and have a “new state-of-the-art facility built out to our specifications as we begin our next 150 years.”
The club traces its roots to 1864, a time when Jews were not welcome in the city’s premier social clubs. Membership peaked in the 1950s and ’60s but has since dropped by almost half to its present 350.
Any sale or move has to be approved by a vote of the club’s membership. — j. staff