As you walk east on Padaro Lane, the lots get smaller and smaller—which means you get to see more and more.
As you walk east on Padaro Lane, the lots get smaller and smaller—which means you get to see more and more.
Plus: New antiques/vintage store opens this weekend; timetable for when various movie theaters will reopen; interesting Covid-19 update from Sansum Clinic’s CEO; Stearns Wharf sign repaired; public art coming to Arroyo Burro.
And gatherings of 10 or more, even outdoors, are forbidden. Other recent news: County Covid-19 cases are increasing, but hospitals are handling the burden; you can now text 911; Cottage Health’s new urgent-care center; two golf courses still closed; proposed changes to four-story development on Milpas.
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Look no further for proof that the market is moving: here are six closings from the past few days, for houses that are turnkey and not.
The week’s other top price changes: Eleven-acre teardown with ocean views; the worst of the 1980s on Sea Cliff; suburban exterior with stylish interior in Ennisbrook; cute old Spanish house downtown.
Plus: Lucky’s steakhouse has temporarily closed after an employee tested positive for Covid-19; the Montecito Association burns down the welcome wagon; Westside street closure; deadline extended for comments about Los Padres National Forest tree-cutting.
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Recent Comments
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
I think some folks who would consider this is a windfall for Yardi may be overlooking two things: 1)The cost to Yardi to buyout AB's… — StanThompson
Just realizing I did not address your first point. The buildings on the property have been up for sale, and their value is also depressed… — SBradley
I think that the city's representation of this land as having ‘zero value’ is confusing because it sums together the value of 2 distinct things… — SBradley
No idea whether this is a good deal for Yardi or not. Paseo Nuevo has been available for sale since 2020 with no buyers -… — NuemanJ
I wish this same logic worked for Thrifty ice cream! According to the BLS inflation calculator, something that cost 5 cents in 1970 should cost… — Doug B
I'm unclear how bike lanes are related to maga. For that matter please explain how freeways and rail lines are remotely maga in a state… — Bettye Jones
Worth knowing about the Paseo Nuevo deal: the city is skipping the required competitive bidding process for this public land transfer by using the state-approved… — SBradley
This write up is such a biased take that sides with a handful of people. I imagine the people groaning about this project have a… — Yesenia G.