In-house counsel--1101 College Avenue, Alameda, CA

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I frankly don't understand what causes people to expect and pay enormous amounts of money for homes east of Broadway. Another overpriced Tudor revival recently hit the market, complete with a featured label on Zillow and its own shiny site. Here are the specs:

4 bedrooms, 2 1/2 bathrooms, 1,725 sqft, approx. 5,200-sqft lot, MLS(r) #40373096, $788,000

[...] elegant architectural design in East End. Close to parks, schools, [...] Cathedral ceiling & frpl in living rm, [...] updated chef's kitchen, den/fam room w/French doors [...] Fig, plum, apple & citrus trees.

1101_college_avenue_thumb.jpg
(resized thumbnail from property web site shown under fair use, not EBRD copyrighted photo)
I don't care how updated your ridiculous Terminator kitchen is (see the MLS(r) sites for yourself--I can't bring myself to post obscene expanses of stainless steel anymore). $457 / sqft is just too much money. But the owners don't have much of a choice, since they're already set to lose about $50K in commission fees alone, not counting the precious metals in the "updated" kitchen:

Last sale and tax info

Sold 02/10/2005: $790,000
2007 Property Tax: $9,819
I wonder how much of the house is being claimed as a business tax deduction by Gleicher Employment Law Group, a law firm headquartered at 1101 College Avenue. This sure gives a new meaning to "in-house counsel". Perhaps the basketball hoop and the stainless steel appliances are legit business expenses--you want to be able to entertain your big clients:

Founder D'Anne Gleicher started the Gleicher Employment Law Group to address the growing need for pragmatic, focused, and cost-efficient employment law advice and counsel; human resource investigations; and training.  [...]

D'Anne Gleicher
Principal of the Gleicher Employment Law Group, D'Anne Gleicher, was naturally drawn to employment law.  She has a superior understanding of employment law, an easy confident manner, and truly enjoys the professionals with whom she interacts. 

[...] Before founding the Gleicher Employment Law Group, D'Anne worked as an in-house employment counsel for a dynamic Fortune 500 company

I'm also curious how big that "group" really is--nobody other than D'Anne Gleicher is listed anywhere on their site.

That said, maybe the whole home-based business thing is a solution to parental logistics for Ms. Gleicher, and I certainly can't fault anybody for working out of their homes--if nothing else, it saves energy.

For some moms, like me, what hurts is a deep-seated notion that we should be better parents than our spouses — more instinctive, more inventive, more in tune with our kids' needs. D'Anne Gleicher of Alameda, California, finds herself battling this idea when her daughter is sick. Because she can't get paid time off from her job as an attorney, her husband is usually the one to stay home with Ava, 8. "I know he's very capable of caring for her, but I want to believe I'm better at it than he is — even though I'm not. I think it's the whole 'I'm the mommy and I can fix anything.' It's almost like a savior thing."


Update 10/5/08: I wonder how recent the blue-and-red paint job is. The house is yellow in a Google street view, which only came online a few months ago in Alameda. I like the red trim better, so I hope the photo on the property's own site is current.

1101-college-street-view.jpgUpdate 10/30/08: Massive price drop to $775,000 last week.




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This page contains a single entry by L. Opine published on October 4, 2008 5:38 PM.

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