I'm fine with SoHo for South of Houston and TriBeCa for Triangle Below Canal (street). Let Manhattanites have their fun, I say. But Tony Bennett never left his heart in "San Fran," and as far as I know nobody has ever used this confounding contraction to refer to one of San Francisco's oldest neighborhoods:
Notice that it requires a second sign to explain that ridiculous "Tel-Hi," which begs to be pronounced tel-high. Which makes no sense at all.
Speaking of portmanteau words nobody asked for, Time magazine tells us about a recent real estate phenomenon:
This is the story of friends--just friends--who buy houses together because they are young and don't have a lot of money but smell opportunity in a soft real estate market and want to start building equity ASAP, even if it comes before the wife¹, kids and golden retriever.
Given real estate's penchant for shorthand (think condo, co-op, comps and COFI), we should add a term for friends who buy houses together. Let's call them communal homeowners. Co-hos.
Oh, please--let's not. I'm already picturing a hookers' collective, or maybe an Alaskan salmon that swims upstream to a streetlamp and croons huskily, "Looking for a good time, sailor?"
(Hat tip for the co-ho story: MJF.)
¹ Detect a certain gender bias here? God, Time can be irritating.