Proposition 15, a ballot measure in this year’s election cycle that would have changed the way certain businesses are taxed, was voted down by a slim margin by California residents.
Business & Real Estate
New Red Berry owner unveils plans to keep a good thing going
Courtesy of Stacy Savides Sullivan
Los Altos resident Stacy Savides Sullivan, right, assumed ownership of Red Berry Coffee Bar Nov. 1, but founder Jeff Hampton is sticking around to transfer the art of fancy espresso to a new generation.
Red Berry Coffee Bar changed hands last week when a local fan of the artisan coffee shop stepped up to take over the business. Los Altos resident Stacy Savides Sullivan presides over Red Berry as the new owner, but founder Jeff Hampton is sticking around to help her learn the craft of coffee culture.
Transactions for the week of Nov. 11
Los Altos
93 Almond Avenue, Sriram Family Trust to A. & S. Kamat for $3,400,000
525 Clark Court, Jenney Trust to M. Jain for $3,200,000
911 Echo Drive, K. Moore to A. & A. Kashyap for $3,500,000
1945 Knollwood Lane, Brigham Family Trust to J. & W. Jiang for $4,050,000
716 Linden Avenue, Sudin Family Trust to B. Brown LLC for $6,250,000
754 Panchita Way, Lopez 2011 Trust to Lee Family Trust for $3,060,000
On the Market: What does ‘as is’ really mean when buying or selling a home?
I frequently hear the term “as is” when buyers and sellers are talking about a real estate transaction. What does it mean? Sellers often say things like: “I don’t want to have to fix anything, so I want to sell my house as is.” Buyers think the house they are purchasing won’t have any problems because everything has been fixed when they don’t buy it as is.
City, local organizations partner for Trim A Tree outdoor decoration project
The city of Los Altos is sponsoring a tree adoption program, inviting residents to decorate a Christmas tree in time for the holiday season.
Downtown businesses to hold festive Holiday Open House
Six downtown businesses will hold a Holiday Open House over the weekend in an effort to promote the spirit and festiveness of the holidays and encourage shopping downtown.
