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Starting in 2006, a large real estate investor, Page Mill Properties, purchased almost the entire west side of East Palo Alto and contested most of the city's rent control laws in what some claimed was a 'predatory equity scheme'. [28] Page Mill left East Palo Alto in the fall of 2009 after defaulting on a $240-million bank loan. [29]
The two cities are separated only by San Francisquito Creek and, largely, the Bayshore Freeway (the vast majority of East Palo Alto is northeast of the freeway, while all of the residential part of Palo Alto is southwest of the freeway). The revitalization projects in 2000, and the surge of high income high-tech professionals moving into the ...
The homeowner vacancy rate was 1.6%; the rental vacancy rate was 3.9%. 5,921 people (85.6% of the population) lived in owner-occupied housing units and 608 people (8.8%) lived in rental housing units. Forbes ranked Atherton as second on its list of America's Most Expensive ZIP Codes in 2010, listing median house price as over $2,000,000. [46]
Accordingly, these six have a mediation service: Campbell, [153] Fremont, [154] Gardena, [155] Palo Alto, [156] San Leandro, [157] Union City. [158] Definitions differ as to whether this would even count as "rent control". As noted above, Palo Alto declares that it has no rent control, but it does offers mediation over rent raises. [159]
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The tree from which Palo Alto takes its name, El Palo Alto, stands on the banks of the creek. In 1857, the United States Coast Survey (USCS) identified 1,142 acres (462 ha) of tidal marsh at the mouth of the creek. There were also two large [63-and-118-acre (25 and 48 ha)] willow groves adjacent to the tidal marsh associated with high ...
Menlo Park (/ ˈ m ɛ n l oʊ / MEN-loh) is a city at the eastern edge of San Mateo County in the San Francisco Bay Area of California, United States.It is bordered by San Francisco Bay on the north and east; East Palo Alto, Palo Alto, and Stanford to the south; and Atherton, North Fair Oaks, and Redwood City to the west.
Four Seasons does not own any of its properties; [27] it operates them on behalf of real estate owners and developers. For example, its Las Vegas hotel is part of the Mandalay Bay complex. The contracts between Four Seasons and property owners typically permit the company to participate in the design of the property and run it with nearly total ...
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