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New York, 7:57 PM
Thu Nov 26
21 posts in the last 24 hours

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  • posts about #paloalto more →

    The Insanely Rich Kid Next Door

    Google's Larry Page Goes on Eco-Friendly Construction Rampage

    Mark Zuckerberg possibly seen leading employees in Palo Alto parade

    Michael Arrington calls for Palo Alto chicken eviction

    Palo Alto's $240K Web embarrassment

    The Facebooker's guide to Palo Alto nightlife

    Facebook takes over Palo Alto

    A guide to Palo Alto hotspots

    Fire in downtown Palo Alto

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    Dsmvwl  Admin  Promote to frontpage Approve user Ban user ×
    Image of Clarence Rosario Clarence Rosario
    10/28/09

    In reply to The Insanely Rich Kid Next Door
    Good to see that some things never change in this go-go digital world.

    Money still can't buy taste. #jawedkarim
     Reply
    Clarence Rosario was starred Clarence Rosario was unstarred
    Image of raincoaster raincoaster
    10/28/09

    In reply to The Insanely Rich Kid Next Door
    When I grew up, communes were for the POORS! Now, get offa our lawn! #jawedkarim
     Reply
    raincoaster was starred raincoaster was unstarred
    Image of pureblarney pureblarney
    10/28/09

    In reply to The Insanely Rich Kid Next Door
    I can haz application to be troaffee wife?
     Reply
    Edited by pureblarney at 10/28/09 6:09 PM pureblarney was starred pureblarney was unstarred
    Image of GORDONGARTRELLE GORDONGARTRELLE
    10/28/09

    In reply to The Insanely Rich Kid Next Door
    Even worse, Jame Gumb is parked out in front of your house. #jawedkarim
     Reply
    ms_priestypants promoted this comment GORDONGARTRELLE was starred GORDONGARTRELLE was unstarred
    Image of burbed burbed
    10/28/09

    In reply to The Insanely Rich Kid Next Door
    It's normal to pay at least $550 per square for non-ghetto houses in Silicon Valley.

    In Palo Alto, the norm tends to be $800 per square plus.

    You might appreciate some of the houses here:

    [www.burbed.com]

    Today's entry is pretty good... $1.5M for a 5br/3.5ba. You pay $15k a year in property tax. And you get to live next door to a Museum of Rusted Trucks In a Driveway - who pays only $1k a year in property tax!

    Scroll down further for the house that recently went for $1294 per square foot. ($885k for 684 sqft.) I think it's closer to where Zuck lives.

    Ah, to go back to the peak of the housing bubble days when houses like these would go for twice the value. Oh well. Now Silicon Valley is all affordable. :( #jawedkarim
     Reply
    themediatrix promoted this comment burbed was starred burbed was unstarred
    Image of Lymed Lymed
    10/28/09

    In reply to The Insanely Rich Kid Next Door
    Have you looked at real estate prices in Palo Alto? Most American suburbanites would be forced to live in a closet. Seven months out there and I thought I got a deal buying a house in DC. #jawedkarim
     Reply
    Lymed was starred Lymed was unstarred
    Image of nirreskeya nirreskeya
    10/28/09

    @Lymed: Very true. Many of the houses in the neighborhood being discussed here are in the 600-1200 sq. ft. range and they were almost certainly fetching seven figures in 2006/2007. They've come down since then, but it's still insane. I see one that's 1100 sq. ft. for $1.1 million and one 684 at $885k. I'm fairly certain this is among Palo Alto's cheapest single-family-home neighborhoods.

    Also, it is called College Terrace, not College Park. It's correct in the tags, just not within the article copy.
     Reply
    Edited by nirreskeya at 10/28/09 7:15 PM nirreskeya was starred nirreskeya was unstarred
    Image of Matthew_Maurice Matthew_Maurice
    03/25/09

    In reply to Google's Larry Page Goes on Eco-Friendly Construction Rampage
    I'm thinking that the PA City Council/Planning Commission/Permit Bureau may not be so quick to grant forgiveness. It sets a bad precedent, and it's basically a license for them to print money. I see a big, fat fine in Larry's future.
     Reply
    Matthew_Maurice was starred Matthew_Maurice was unstarred
    Image of CaptainFantastic CaptainFantastic
    03/26/09

    @Matthew_Maurice: But those fines usually have a maximum set for normal people. Say $1,000, which equals $20 to him. A better way may be to limit the fines to a percentage of the construction cost (which is how some permit fees are handled).
     Reply
    CaptainFantastic was starred CaptainFantastic was unstarred
    Image of iplaudius iplaudius
    03/25/09

    In reply to Google's Larry Page Goes on Eco-Friendly Construction Rampage
    @CaptainFantastic: You said it better. (How do you like my artificially constructed reply-to?)
     Reply
    iplaudius was starred iplaudius was unstarred
    Image of CaptainFantastic CaptainFantastic
    03/26/09

    @iplaudius: HTML-y!
     Reply
    CaptainFantastic was starred CaptainFantastic was unstarred
    Image of CaptainFantastic CaptainFantastic
    03/25/09

    In reply to Google's Larry Page Goes on Eco-Friendly Construction Rampage
    @iplaudius: Sometimes it's easier to ask for forgiveness than permission.


    (replies not working)

     Reply
    CaptainFantastic was starred CaptainFantastic was unstarred
    Image of iplaudius iplaudius
    03/25/09

    In reply to Google's Larry Page Goes on Eco-Friendly Construction Rampage
    As a resident of Calfornia and student of history, I hope I may be forgiven for laughing at the notion of a 100-year-old historic home.


    It’s obnoxious that he didn’t acquire a permit. Billionaires understand that they have to obey the law. They also understand that they can afford not to. I am sure he views the legal limit of fines and the de facto limit of legal fees as a (possibly) necessary expense of the project.

     Reply
    iplaudius was starred iplaudius was unstarred
    Image of CaptainFantastic CaptainFantastic
    03/25/09

    In reply to Google's Larry Page Goes on Eco-Friendly Construction Rampage
    There are different permits for different things: demolition, grading, foundation construction, etc.
     Reply
    CaptainFantastic was starred CaptainFantastic was unstarred
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