In San Francisco, Some Home Sellers Now Ask for OpenAI or Anthropic Stock

When Nima Gabbay decided to sell his three-bedroom, two-bath San Francisco home for $2.995 million last month, his listing described the residence’s soaring 10-foot ceilings, kitchen wrapped in Calacatta marble, remote-control skylights and oversize two-car garage.

The 51-year-old real estate investor and developer also added an unusual clause: He would accept shares of OpenAI or Anthropic as payment for the home.

Two OpenAI employees soon came forward offering some of their shares for the property, Mr. Gabbay said. One bid more than $1 million above the asking price, but appeared to inflate the value of his OpenAI stock. The other backed off when OpenAI filed to go public last month, deciding to hang on to the stock.

Mr. Gabbay ultimately went with a third buyer who works in tech, and the sale is set to close this week. He was not at liberty to disclose the sale terms or the buyer’s identity because he had signed a nondisclosure agreement, he said.

Article source: https://www.nytimes.com/2026/07/08/technology/san-francisco-home-sales-openai-anthropic-ipo.html