The good news: KRON's 1001 Van Ness building is massive, historic, and in one of the most retail friendly corridors of the city--we all know the real estate value of SF's pristine property--location, location, location, and the land alone could fetch multi-millions worth of cash.
The bad news: Young/Media General, KRON's owner, has heavily mortgaged its 415 media palace to the point where only a heavy hitter would be available to buy the property and take over its massive debt.
I can think of at least two big, huge media companies but there's no monopoly on who can pay the most.
And we know right nearby the huge hospital going up in the space that used to house the old Jack Tar/Cathedral hotel.
The intrigue has only just begun.
*Follow me on Twitter