Fri04292016

Business & Real Estate

Maltby's pulls out the stops to stay in biz


Town Crier File Photo
Maltby’s Public House proprietor James Maltby is making changes to draw new diners.

Let the word spread: Maltby’s Public House restaurant and tavern in downtown Los Altos is not only open indefinitely, it’s also sporting a new menu, an improved happy hour and reduced prices.

Proprietor James Maltby promises daily pasta specials at lunchtime and daily dinner specials such as Meatloaf Mondays and Curry Fish Fridays. He’s also introducing a 4-6 p.m. happy hour with appetizers half-off and bar drinks starting at $6.

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Transactions

Los Altos

660 Covington Road, Qtip Trust to J. Wang for $2,700,000

4388 El Camino Real No. 119, H. Fan to S. & M. Howarth for $1,150,000

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New law impacts Social Security

President Barack Obama Nov. 2 signed the Bipartisan Budget Act of 2015, which includes a number of changes to Social Security rules. With the stroke of a pen, Obama and Congress eliminated some lucrative benefits that had been on the books for well over a decade.

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State Street sees comings, goings

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Alicia Castro/Town Crier
Kilgoris Project’s Marketplace opens Thursday at 252 State St. in downtown Los Altos.

The dramatic roll-front retail space at 252 State St. in downtown Los Altos will soon transform into a holiday boutique – for four days, at least.

Kilgoris Project’s Marketplace is scheduled to return Thursday as a pop-up shop featuring items from throughout the world.

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How to postpone taxes on retirement accounts

If you’ve been working for a midsize or larger employer, chances are you’ve been using a 401(k) to save for retirement. And even if you haven’t, you probably have an Individual Retirement Account (IRA) to which you’ve been contributing every year.

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Transactions

Los Altos

110 Second Street, Crosby Trust to Second Street Limited for $3,100,000

1380 Country Club Drive, Murphy Trust to G. & K. Allen for $3,100,000

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'Taking Stock' comes to close

Town Crier columnist Clyde Noel has retired from writing “Taking Stock,” the weekly “Town Crier 50” stock report that became a staple in the Business & Real Estate section.

At 94, Noel determined that “it is time to relax completely.” Learn more about the Los Altos Hills resident in the upcoming Jan. 14 Senior Lifestyles section.

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