Thu04242014

Business & Real Estate

A modern-day throwback : Voyageur du Temps aims to capture old and new Silicon Valley


Ellie Van Houtte/
Voyageur du Temps opened last week at the former Southern Pacific train depot at 288 First St. The bakery cafe debuted March 15 after approximately a year of renovation on the 1913 structure. Town Crier;

The downtown building that formerly served as a stop along the Southern Pacific Railroad – among several other uses throughout the years – is now a bakery cafe.

Voyageur du Temps (“Time Traveler” in French) opened its doors March 15 after nearly a year of “extremely painstaking” construction on the former train depot at 288 First St., according to owner Rie Rubin. She said the finished product – a French-style bakery and cafe – as well as its name is a tribute to past and modern times locally. Overall, Rubin noted, the project to renovate the 1913 Craftsman-style structure took approximately two years to complete “from conception to birth.”

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Investors not pleased with events

With U.S. stocks lower Friday but up 1.5 percent for the week, investors remain concerned about tensions between Russia and the West. Federal Reserve Chairwoman Janet Yellen’s suggestion that interest-rate hikes would not occur until six months after quantitative easing ends has been a positive influence, but the market is still floundering.

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Is the stock market peaking?

As the end of the first quarter approaches, it is obvious that stocks haven’t moved much other than downward. The Dow is down approximately 1.5 percent and the S&P 500 is up slightly. After Thursday’s closing at -231.19, the talk is whether the market has peaked. Investors seem to be ignoring rising tensions in Ukraine and better-than-expected U.S. economic data.

Our exposure to the stock market relies on two things: the direction the market moves and the opportunities available in individual stocks. While finding attractive growth stocks has become difficult, a diversified portfolio continues its ups and downs, with severe losses held to a minimum.

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Los Altos

680 Riverside Drive, Wallace Trust to N. Siamwalla for $2,227,000

1095 Russell Avenue, D. & P. Bajpai to N. Sachdev for $2,500,000

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Main Street coffee bar emerges


Ellie Van Houtte/Town Crier
Owner Jeff Hampton opened Red Berry Coffee Bar last week after 18 months of renovation at its home on 145 Main St. The bar specializes in offering customers fair-trade coffee for espresso drinks.

For Jeff and Lisa Hampton, more than 18 months of anticipation finally came to an end last week.

The couple opened the doors to Red Berry Coffee Bar March 5 at the former home of Andiamo Salon at 145 Main St. The coffee bar’s debut comes after the couple – originally profiled in the June 2012 issue of the Town Crier – endured contractor problems and other delays as they worked to complete the 1,500-square-foot business. Lisa noted that she and her husband are pleased to know that those obstacles are now a thing of the past.

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Stock market confuses investors

The Dow Jones industrial average goes up one day and down the next, confusing investors. The S&P 500 closed at another all-time high Thursday, and the jobs market provided encouraging news.

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County home prices continue to rebound

Home prices in Santa Clara County continue to recover from the recession, according to MLSListings statistics.

The average sale price of single-family homes increased nearly 12 percent and the average condominium price 14.36 percent year-over-year in February.

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