Big Take: The Ballooning Cost of a CEO's Exit
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Yahoo
20 minutes ago
- Yahoo
10 most expensive homes sold in Essex County, Aug. 11-17
A house in Montclair that sold for $2.3 million tops the list of the most expensive residential real estate sales in Essex County in the past week. During the past week, a total of 144 residential real estate sales were registered in the county, with an average price of $843,053. The average price per square foot was $385. The prices in the list below include real estate sales where the title was recorded during the week of Aug. 11 even if the property may have been sold earlier. 10. $1.5 million, detached house at 15 Warner Road A single-family residence at 15 Warner Road in Maplewood, has been sold. The price was $1,505,000. The house was built in 1932 and has a living area of 2,472 square feet. The price per square foot was $609. The deal was finalized on July 14. 9. $1.5 million, single-family home at 63 Duffield Drive A 3,185-square-foot single-family house at 63 Duffield Drive in South Orange, has been sold. The total purchase price was $1,531,016, $481 per square foot. The house was built in 1960. The deal was finalized on July 15. 8. $1.6 million, single-family residence at 61 Washington Court A 1,666-square-foot single-family residence at 61 Washington Court in Livingston has been sold. The price was $1,625,000, $975 per square foot. The house was built in 1927. The deal was finalized on July 10. 7. $1.7 million, single-family house at 9 Columbus Ave. A sale has been finalized for a detached house at 9 Columbus Ave. in Montclair. The price was $1,700,000. The house was built in 1924 and the living area totals 2,871 square feet. The price per square foot ended up at $592. The deal was finalized on July 10. 6. $1.8 million, single-family home at 3 Yale Court The detached house at 3 Yale Court in Livingston has new owners. The price was $1,750,000. The house was built in 1989 and has a living area of 4,908 square feet. The price per square foot was $357. The deal was finalized on July 10. 5. $2 million, single-family home at 42 Llewellyn Road The sale of the single-family house at 42 Llewellyn Road in Montclair has been finalized. The price was $1,950,000. It was built in 1889 and has a living area of 4,931 square feet. The price per square foot was $395. The deal was finalized on July 10. 4. $2 million, single-family residence at 10 Roosevelt Road The property at 10 Roosevelt Road in Maplewood has new owners. The price was $1,952,500. The single-family residence was built in 1910 and has a living area of 4,540 square feet. The price per square foot was $430. The deal was finalized on July 10. 3. $2 million, detached house at 49 Forest Ave. A detached house at 49 Forest Ave. in Glen Ridge, has been sold. The price was $1,975,000. The house was built in 1934 and has a living area of 3,654 square feet. The price per square foot was $541. The deal was finalized on July 10. 2. $2.2 million, single-family house at 164 Midland Ave. A sale has been finalized for a single-family home at 164 Midland Ave. in Montclair. The price was $2,150,000. The house was built in 1900 and the living area totals 4,150 square feet. The price per square foot ended up at $518. The deal was finalized on July 11. 1. $2.3 million, single-family home at 178 Highland Ave. The sale of the single-family house at 178 Highland Ave. in Montclair has been finalized. The price was $2,284,205. It was built in 1955 and has a living area of 3,368 square feet. The price per square foot was $678. The deal was finalized on July 11. Real Estate Newswire is a service provided by United Robots, which uses machine learning to generate analysis of data from Propmix, an aggregator of national real-estate data. Play Farm Merge Valley
CBS News
23 minutes ago
- CBS News
Topgolf proposal in Sacramento tees off South Natomas tensions ahead of public vote
Some people are teed off about a proposed new Topgolf in Sacramento. Next week will be the first public vote on plans to open a location in the South Natomas neighborhood. "I was absolutely shocked that they would put a Topgolf in the middle of what I consider a neighborhood," said South Natomas homeowner Alan Hattey. Hattey lives just down the street from the proposed new Topgolf location, and he's opposing the plan. "This doesn't seem like a great location to me, to my neighbors and pretty much everybody I speak to in the whole area," he said. "The traffic is already really, really tough." The location is on vacant land just west of I-5 near the West El Camino Avenue interchange. More than 50 trees would need to be cut down. Topgolf says the two-story driving range would have 80 golf bays and have lights so people can play at night. It would stay open until 2 a.m. on Friday and Saturday nights. "I'm kind of shocked,' Hattey said. "The fact that the posts are going to be 165 feet high with the lights on them, and we live there, that's going to be hard to get used to if it does go." Many other people were supportive of the project when it was first announced last year. "People are very excited to have family-friendly entertainment," said City Councilmember Karina Talamantes. Talamantes said the business could attract 250,000 visitors a year, but she said the traffic impacts won't be that bad. "It actually produces less traffic, or comparable to a grocery store," she said. But Hattey said this type of entertainment venue shouldn't be built so close to homes. "It's going to be swamped for the first two or three months," he said. "It's going to be a zoo." The planning commission public hearing will be next Thursday at 5:30 p.m. inside Sacramento City Hall.
CBS News
23 minutes ago
- CBS News
San Joaquin Transit in the crosshairs as two sides fight for funding
There's growing tension over public transit in San Joaquin County. Eight city managers, including Lathrop's, are challenging the San Joaquin Regional Transit District (RTD), saying smaller cities aren't getting fair access to transit funding. RTD says their ridership numbers are improving and they need funding to maintain and expand their services. But the city managers want answers before more money is handed out. RTD buses, especially in Stockton, are busy. Riders like William Carranco rely on them daily for doctor visits, school, and shopping. "There's always plenty of people on the bus," he says. But city officials argue that while RTD works well in urban centers, it's not efficient in smaller cities. Lathrop's city manager, Stephen Salvatore, says when RTD expands into other cities, the costs increase and ridership drops. He points to high per-passenger costs, something RTD says is improving. For example, the Hopper Route 97 (which connects Manteca, Tracy, and Stockton) used to cost $359 per passenger per trip but is now down to $129. RTD says rebuilding ridership takes time. RTD defends its operations, stating that some routes require more funding due to the county's geography and transit needs. In a statement, the agency criticized Salvatore's stance, suggesting that by his logic, transit in cities like Lodi, Tracy, Manteca, and Escalon should be cut entirely. Lathrop is considering launching its own local transit system. Salvatore says this could allow for better efficiency and cost control. "We're one of the fastest-growing cities in the state," he said. "We need to spend our dollars smarter and under local control." Despite their differences, both sides agree: San Joaquin County needs a transit system that works efficiently for everyone
