01232017Mon
Last updateTue, 17 Jan 2017 4pm

Unassuming Main Street building an outpost of legendary family


Asher Kohn/Town Crier
Edward Sassoon built 101 Main St. in 1954. The scion of a Jewish Baghdadi family, his properties spanned from London to Mumbai and Shanghai.

One could be forgiven for thinking the Sassoon Building at 101 Main St. got its name because it is seemingly always occupied by salons – and now Brownhome Designs.

But the ranch-style office building can lay claim to a far more auspicious history than one named after shampoo entrepreneur Vidal Sassoon. It was built by Edward Sassoon, who took out a full-page advertisement when he opened the doors in 1954. Los Altos’ new office building was the latest node in a three-continent family empire that began in 19th-century Baghdad and spanned from London to Shanghai.


Time's up for Mohr Clocks


Asher Kohn/Town Crier
Gavin Barta explores the inventory at Mohr Clocks. The clock sales and repair store, which has been on El Camino Real since Horst Mohr opened it in 1956, closed at the end of December.

Mohr Clocks shuttered its doors just before Christmas Day, turning the lights off on what may have been Los Altos’ oldest business.

Norm Mohr took over the business from his father, Horst, who opened the clock sales and repair store at 4856 El Camino Real in 1965.

Realty site makes 2017 predictions

The 2017 housing market will experience moderate growth in the nation’s housing market but slower gains compared to the last two years, according to forecasts in the “2017 Housing Review” at Realtor.com, the official site of the National Association of Realtors.

Realtors predicted that home prices would increase 3.9 percent and existing home sales would rise 1.9 percent, to 5.46 million homes. Interest rates are expected to reach 4.5 percent, new home sales to grow 10 percent and new home starts to increase 3 percent.

Tax relief on the way for small businesses

The Santa Clara County Board of Supervisors unanimously approved County Assessor Larry Stone’s recommendation to dramatically increase the number of property owners eligible to receive a “too low to assess” exclusion, benefiting mostly small-business owners.

The new ordinance doubles the amount of the exclusion (from $5,000 to $10,000) for business personal property and adds two new categories of property eligible for the exemption:

New stores may give downtown a new look in 2017


Asher Kohn/Town Crier
A man walks by the space ASA occupies at 242 State Street. The restaurant, operated by the proprietor of The Basin in Saratoga, is targeting a first quarter of 2017 opening.

Downtown Los Altos is expecting a boost from a host of new businesses in the new year.

An investment firm and a new child’s play company opened their doors in the waning weeks of 2016. Several restaurants and a wine-tasting room plan to start serving customers in 2017.


Schools »

Schools
Read More

Sports »

sports
Read More

People »

people
Read More

Special Sections »

Special Sections
Read More

Photos of Los Altos

photoshelter
Browse and buy photos