As we outlined back in August of 2015:

The 3-acre Woodside estate which Yahoo!’s Chief Development Officer purchased for $5.8 million in 2013 – shortly after she and CEO Marissa Mayer penned the infamous memo which banned employees from working remotely and she started commuting to Sunnyvale from her home in New York – has just hit the market listed for $7.236 million.

In addition to a four-bedroom home, the gated property at 418 Albion Avenue includes a pool, tennis court, orchard and vineyard. The property had been listed for $7.5 million in 2012 and was reduced four times before selling to the CDO.

Reduced to $6.595 million in November of 2015 and then finally offered for rent at $13,000 a month in mid-2016, the home was listed anew for $6.75 million in December of last year.

And having been relisted for $6.5 million in May and then reduced to $6.1 million in October, the sale of 418 Albion Avenue has now closed escrow with an “over asking” contract price of $6.15 million, representing net appreciation of 6.0 percent since the fourth quarter of 2013 (and with more people working remotely than ever before).

11 thoughts on “Harkening Back to When Remote Working Was Banned”
    1. In real temples, the ends of the lintels aren’t flush with the edges of the outer columns’ abaci. Google “Doric order” and you’ll see a pretty clear example. I wouldn’t be surprised if there is an engineering reason for this—my intuition is that placing the beam flush with the edge of the abacus (which extends beyond the diameter of the column) would induce a moment and thus shear on the abacus and the capital.

      1. I think you’re making a few (rather dubious) assumptions here: that there isn’t a pipe column hidden inside, that it’s actually supporting anything (i.e. that the soffit isn’t just decorative and hung from the ceiling rather than supported underneath). But, yes, aesthetically I believe you are correct.

          1. the shear force that would be on the outer side of abacus already exist on the inside side to an even greater magnitude, so that couldn’t be the main reason.

Leave a Reply

Your email address will not be published. Required fields are marked *