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September 1, 2020

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Newsletter: September 1

September 1, 2020|by Erik Torkells

FOOD STUFF
••• Update on two new harborside restaurants.
••• Funk Zone tasting room for rent.
••• Recommendations for fancy cheese and bento boxes.
••• Labor Day weekend barbecue in Los Alamos.
••• Bibi Ji has begun selling wine online.
→ Read the post.

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HOT PROPERTY
The market remains red-hot: the week’s 13 noteworthy sales include Richard Neutra’s landmark Tremaine House and a run on the Ennisbrook enclave. Photo by Julius Shulman © J. Paul Getty Trust, Getty Research Institute, Los Angeles (2004.R.10).

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WEATHER FORECAST
“Today will pretty much be a carbon copy of yesterday, with morning fog and low clouds,” says Jack Martin of Action Roofing. “On Wednesday, we’ll start to transition back to warmer weather, and by the weekend, we’ll be in a heat wave, with coastal temps 10 to 20 degrees above normal.” Email [email protected] to receive daily updates.

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NEWS ROUNDUP
••• Hair salons are allowed to operate indoors again.
••• California has a new system to determine reopening schedule.
••• 13 schools submitted waivers to reopen.
••• UCSB moves almost all classes online and cancels all events and sports.
••• Prescribed burn at the UCSB lagoon.
••• UCLA Health’s expansion into this area.
••• Oil platform update.
••• Carpinteria city council candidates.
••• School-board candidate Virginia Alvarez.
→ Read the post.

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ODDS & ENDS
••• This is what happens when you run into a fire hydrant.
••• New book of Studio William Hefner’s work.
••• The city’s grammatically incorrect electronic signs.
••• State-operated Covid-19 testing site moved to Goleta.
••• Curve warnings installed along Route 192 this week.
••• Patches to help the fight to save Pine Mountain.
→ Read the post.

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Recent Comments

Don’t ignore the opportunity costs of looking for other deals. Not only do you risk losing this deal, there’s no guarantee another deal would be… — LD

Exactly, Christian. Very well said. This project is needed, right now. — Gail

This modest project— the addition of one mile of siding— has the potential to greatly improve the reliability of the Surfliner, and make it more… — Gail

Bottom line: there is an established process for these types of transactions that is designed to make sure the community residents get the best deal… — SBradley

I think development is just such a different animal. I've worked a little bit with very experienced developers. People who ONLY do RE development. They… — John

John: I think we should keep in mind that Yardi is a software company that sells software *and data* for *real estate property management*. The… — SBradley

Though Yardi is a commercial software developer, real development is much riskier. That business has moats, history, customer lock in and competitive advantages. Redevelopment and… — John

You should remember that where you're sitting right now used to be a tree, a field, or open land at some point. You benefit every… — Tony Machado

It is kind of complex to tease out who bears the risks and benefits in these projects that have public and private parties involved. I… — SBradley

Very interesting. If Yardi is paying anywhere near $120M + $35M + $5.7M for almost 250k empty square feet, this is going to take a… — NuemanJ

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