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Three-story building proposed Almanac Staff Writer

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Dear Monica: I am ready to sell my home of many years but I am not certain the timing is good for sellers. Would you advise me to market my home now or wait? Jack D.

Image courtesy city of Menlo Park

A rendering of a three-story building proposed in downtown Menlo Park. It would be bordered by Santa Cruz Avenue, Ace Hardware, Chestnut Lane and Chestnut Street.   Q MEN LO PARK

public meeting with neighboring businesses has been planned to get feedback on the project. “We are happy with what is there,� he said, but added that the Oros family is seeking to improve the site’s “potential� and the downtown area overall.

“It could be a long shot,� he said. In the meantime, he said, he has opened White Oak Works, a furniture showroom at 714 Santa Cruz Ave., next to Ace Hardware. The business, according to its website, builds and sells furniture, cabinetry, doors, gates and mantles made from white oak. Go to whiteoak.works for more information. A

Federal circuit court rejects petition challenging FAA aircraft noise initiative By Dave Boyce Almanac Staff Writer

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fforts aimed at reducing noise in the skies above Portola Valley, Ladera and Woodside as commercial aircraft head into San Francisco International Airport were dealt a setback recently by a threejudge panel in the U. S. Ninth Circuit Court of Appeals. A related development, however, may give cause for optimism. The Federal Aviation Administration in November 2015 issued the “FAA Initiative to Address Noise Related Concerns in Santa Cruz/Santa Clara/San Mateo/San Francisco Counties,� a plan to optimize use of Bay Area airspace, concluding that it would not cause significant noise impacts above Peninsula communities. Four Peninsula residents, including the now deceased James Lyons of Woodside and with the assistance of Portola Valley attorney Vic Schachter, filed a petition in May 2015 claiming that the FAA had been “arbitrary and capricious� and had used a “flawed and unlawful process� in preparing the initiative. On Dec. 23, 2016, the court denied their petition, writing that the FAA did not prejudge

by Monica Corman

The Market in 2017

By Kate Bradshaw

he single-story building running from 706 to 716 Santa Cruz Ave., which currently houses the Japanese restaurant Juban Yakiniku and Union Bank, may be demolished and replaced with a three-story, mixed-use building. According to plans filed with the city of Menlo Park for the site at the corner of Santa Cruz Avenue and Chestnut Street, the new building would have retail space and parking on the ground floor, office space on the second floor, and four condominiums with private terraces on the third floor. The plans, prepared by Hayes Group Architects, would remove two heritage trees currently in the parking lot behind the building. According to Vasile Oros, manager of Menlo Park Ace Hardware and part-owner of the building, the project is still in an exploratory phase. “We don’t have very concrete answers because it’s not something certain still,� he said. A

REAL ESTATE Q&A

environmental impacts as alleged, was not arbitrary and capricious in estimating future flights and flight tracks, properly assumed that its actions would not increase air traffic, and properly determined noise levels as the number of fights increases. The petitioners’ lawyer, Thomas V. Christopher, said his clients haven’t yet decided on whether to appeal. “We’re obviously disappointed,� he said. “I really think that we did our best. We put our best foot forward. We made the arguments as well as we could.� Boundaries stretched

In a related development, the FAA is now in possession of a 43-page report with suggestions on addressing aircraft noise above the Peninsula and the South Bay. The report’s author, the Select Committee on South Bay Arrivals, was a panel of 12 elected officials and 12 alternates from noise-affected communities in San Mateo, Santa Clara and Santa Cruz counties. The committee was organized at the behest of the counties’ congressional representatives, Anna Eshoo, D-Menlo Park, Jackie Speier, D-San Mateo, and Sam Farr, D-Santa Cruz, and chaired by Santa Clara County

Supervisor Joe Simitian. Go to tinyurl.com/gm32c6a for a copy of the report.

Court rejects local petition challenging FAA initiative to address noise concerns. Issued in November, the report represents six months of deliberations with Glen Martin, the FAA’s Western-Pacific Region regional administrator, along with abundant public commentary. The effort included three community meetings, 10 working meetings and five technical briefings. The FAA is expected to respond early in 2017. The committee was responding to six “feasible� noisereduction actions proposed by the FAA. The committee did address those six, but added 17 more. Also added: five longterm issues, such as aircraft speed and noise measurement methods, and three process issues, such as ensuring compliance by pilots and air-traffic controllers. “We really stretched the See AIRCRAFT NOISE page 12

Dear Jack: As 2017 begins, there is very little inventory for buyers to consider. If you list your home now, and price it carefully, i.e., not aggressively high or low, as well as present it well, you will likely sell it quickly at a good price. Prices have already risen substantially in RXU DUHD LQ WKH SDVW ÂżYH \HDUV DQG as a seller in this market, you should no longer expect big multiple offers VLJQLÂżFDQWO\DERYH\RXUSULFH(YHQ though employment is high, salary

levels cannot sustain continually rising prices. Many buyers have been priced out of markets that would have been available to them a few years ago. However, with inventory so low, buyers are willing to pay reasonable prices in areas they can afford. Interest rates, too, are still very low, although they have begun to rise. Higher interest rates will put downward pressure on prices, and if buyers need to sell in a few years, they may not be able to get back what they paid for their home. If you are ready to sell your home, there is no reason to wait. If the timing suits your needs, you would do well to sell now.

For answers to any questions you may have on real estate, you may e-mail me at mcorman@apr.com or call 462-1111, Alain Pinel Realtors. I also offer a free market analysis of your property. www.MonicaCorman.com

NOTICE INVITING BIDS TOWN OF ATHERTON, CA The Town of Atherton will accept bids for construction of the following public work: 2017 SPRING PATCHING PROJECT Grind and replace approximately 25,000 square feet of asphalt to a six-inch depth. This work to include HSS ULJLZZHY` [YHŃ?J JVU[YVS HUK ^PSS PU]VS]L NYPUKPUN sweeping, tack coating, replacing asphalt to appropriate KLW[OPUHUHWWYVWYPH[LU\TILYVMSPM[ZHUKĂ„UPZOYVSSPUN WLY;V^UVM([OLY[VU:[HUKHYKZWLJPĂ„JH[PVUZHUKZWLJPHS WYV]PZPVUZ :VTL OHUK ^VYR HYV\UK \[PSP[` HJJLZZ OVSL JV]LYZ^PSSILULJLZZHY`ZWLJPHSWYV]PZPVU  7SHUZ :WLJPĂ„JH[PVUZTH`ILVI[HPULKH[http://www. ci.atherton.ca.us/bids.aspx at no cost. The Contractor shall be responsible for any addendums that may be posted on the Town’s website. :,(3,+ )0+: ^PSS IL YLJLP]LK H[ [OL VŃ?JL VM [OL *P[` *SLYR (ZOĂ„LSK9VHK([OLY[VU*HSPMVYUPH  until 2:30 p.m.7HJPĂ„J:[HUKHYK;PTLVUTuesday, January 31, 2017, at which time bids will be publicly opened and read aloud. Bids must be for the entire work, and shall be submitted PUZLHSLKLU]LSVWLZJSLHYS`THYRLK!¸)PKVM*VU[YHJ[VY for 2017 SPRING PATCHING PROJECTâ€?, along with date and time of bid opening.

Support 7KH$OPDQDF¡V print and online coverage of our community. Join today: SupportLocalJournalism.org/Almanac January 11, 2017QAlmanacNews.comQThe AlmanacQ7


The Almanac January 11, 2017