Coastal Real Estate and Lifestyles

I have been asked by family and friends how the current judgment against the City of Half Moon Bay in favor of “over the hill” developer Charles Keenan might affect local home values.  The judgement itself and the future outcome of the appeal or any negotiations leaves the home value predictions as foggy as our weather can sometimes get.

As soon as the judgment was released I tried to reach the Mayor to get first hand facts.   Understandably she’s got a full plate right now, but I had to try.  Fortunately, the City just released a Press Release yesterday, January 3, 2008.  The Press Release letter addresses a summary of key points, such as confirmation that they are appealing, and announcement of a community meeting on Tuesday, January 22, 2008 at the Ted Adcock Community Center.  This directly from her letter:

“…We are committed to keeping you apprised of important developments, primarily at our regular City Council meetings.  A workshop is scheduled for 7 PM on January 22, 2008 at the Community Center for the purposes of providing information, answering questions on the case, and listening to suggestions and opinions from the community.”

Here is the Link to the entire “Press Release 01/03/08″ directly from the City of Half Moon Bay’s website.  This link can be accessed any time from my website’s Home Page under the Category “Living in Half Moon Bay - City of Half Moon Bay.

Here is a Google map showing the location of the Beachwood property and the location of the upcoming meeting:
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