“Steve Jobs’ 15-year real estate nightmare is almost over,” Philip Elmer-DeWitt reports for Fortune.
MacDailyNews Take: Yeah, riiight. Keep telling yourself that, Phil. Been there, done that.
Elmer-DeWitt continues, “On Tuesday night, the city council of Woodside, Calif., approved Jobs’ plan to dismantle a 14-bedroom Spanish colonial mansion he bought in 1984 but never really liked. He’s been trying since 2004 to raze the house and replace it with a smaller home more to his exacting taste.”
“The latest plan, which was approved in a 6-1 vote, is a three-way deal. Jobs would spend $604,800 to deconstruct the house. A wealthy Silicon Valley investor — Gordon Smythe, founder of Propel Partners — would take possession of the pieces and have five years to find a suitable property on which to reconstruct them,” Elmer-DeWitt repots. “The town of Woodside and the county museum would have first dibs on anything Smythe doesn’t use.”
Jobs’ “2004 demolition permit was approved by the town council but blocked by an ad-hoc group called Uphold Our Heritage… A Superior Court judge has given Uphold our Heritage until Aug. 3 to explain why Mr. Jobs should not be allowed to proceed with the demolition. Jobs and the town of Woodside will have until Aug. 19 to respond to any objections they might have,” Elmer-DeWitt reports.
Full article here.
MacDailyNews Take: See? “It ain’t over, till it’s over.” – Yogi Berra
