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Survey Highlights Silicon Valley's Uneven Prosperity

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Survey Highlights Silicon Valley's Uneven Prosperity Palo Vol. XXXVI, Number 18 Q February 6, 2015 Alto Survey highlights Silicon Valley’s uneven prosperity Page 5 www.PaloAltoOnline.comw w w. P a l o A l t o O n l i n e. c o m More than 50 years on, a cappella thrives at Stanford PAGE 24 Pulse 15 Transitions 16 Spectrum 18 Eating Out 34 Movies 35 Puzzles 59 QSeniors Music penetrates the fog of dementia Page 20 QHome Chocolate, camellias and more at Filoli opening Page 38 QSports Stanford football signs another top class Page 61 Get Heart Happy with Us Having a healthy heart is important, but so is being heart Give a heart happy card to someone in your life that you care about: happy. In recognition of American Heart Month, Stanford 01 Fill in the blank on the card below, then cut Health Care wants to remind you to stop and cherish the card out. the special moments and important people in your life. 02 Take a selfie with the person who makes you heart happy and the card. Share this card with the people in your life who give you 03 If you and the person you are honoring heart happiness, and join us on Facebook and Twitter to both want to share your selfie with Stanford share your heart happy moments. Health Care, upload to your preferred social network with the hashtag #HeartHappySHC 04 Give your heart happy person the card, so they too, can pass the heart happiness on. To download more heart happy cards, 05 Check out your selfie online at visit shc.is/HeartHappy shc.is/HeartHappy starting in February. You make me heart happy because #HeartHappySHC DISCLAIMER By sharing your photo on social networks using the hashtag #HeartHappySHC, you are hereby giving express permission to Stanford Health Care to use your associated copy and images on its website and public social networks. Page 2 • February 6, 2015 • Palo Alto Weekly • www.PaloAltoOnline.com Atherton Median Price – Year 2014 Bay Road Marsh Road Lindenwood $4,450,000 Middlefield $2,350,000 Ringwood Avenue El Camino Real Selby Lane Stockbridge Avenue West Atherton Selby Lane $5,375,000 Elena Avenue Stockbridge Avenue Atherton Avenue Alameda Camino Al Lago Valparaiso Avenue West of Alameda $6,250,000 Walsh Road Information Based on MLS Single Family Homes / Map Courtesy of Google Maps Call Jackie and Richard to Sell Your Home Sold Over $220,000,000 of Homes Jackie Richard 650-855-9700 650-566-8033 [email protected] [email protected] BRE # 01092400 BRE # 01413607 www.schoelerman.com www.PaloAltoOnline.com • Palo Alto Weekly • February 6, 2015 • Page 3 TOP LOCAL SIGNIFICANT SALES AND LISTINGS JANUARY 1– DECEMBER 20, 2014 244 Polhemus Avenue, Atherton 196 Albion Avenue, Woodside 279 Park Lane, Atherton Listed at $20,000,000 Listed at $16,950,000 Listed at $16,750,000 139 Albion Avenue, Woodside 91 Mandarin Way, Atherton 98 Sutherland Drive, Atherton Listed at $15,000,000 Listed at $14,995,000 Listed at $14,995,000 35 Ralston Road, Atherton 396 Atherton Avenue, Atherton 49 Tuscaloosa Avenue, Atherton Listed at $14,900,000 Listed at $14,500,000 Listed at $13,250,000 31 Fairview Avenue, Atherton 325 Manzanita Way, Woodside 65 Selby Lane, Atherton Listed at $12,500,000 Listed at $11,950,000 Listed at $12,288,000 When it comes to the marketing and representation of your fine home, see why more people trust Coldwell Banker and its Previews International® luxury marketing division for their real estate needs. Contact one of our local offices today. Wendy McPherson John Carman Coldwell Banker Managing Broker Coldwell Banker Manager Menlo Park El Camino, Menlo Park Santa Cruz Ave., Palo Alto Downtown Portola Valley and Woodside CalBRE #00872268 CalBRE #00572958 650.325.6161 CaliforniaMoves.com 650.324.4456 [email protected] ColdwellBankerPreviews.com [email protected] PreviewsAdvantage.com Based on information for Bay Area Real Estate Information Services, Inc. Due to MLS reporting methods and allowable reporting policy, this data is only informational and may not be completely accurate. Therefore, Coldwell Banker does not guarantee the data accuracy. Data maintained by the MLSs may not reflect all real estate activity in the market. Owned and operated by NRT LLC. ©2015 Coldwell Banker Real Estate LLC. Coldwell Banker®, Previews® and Previews International® are registered trademarks licensed to Coldwell Banker Real Estate LLC. An Equal Opportunity Company. Equal Housing Opportunity. Owned by a Subsidiary of NRT LLC. Real estate agents affiliated with Coldwell Banker Residential Brokerage are independent contractor sales associates and are not employees of Coldwell Banker Real Estate LLC, Coldwell Banker Residential Brokerage or NRT LLC. CalBRE License #01908304. 1Data based on closed and recorded transaction sides of homes sold for $1 million or more as reported by the U.S. Coldwell Banker franchise system for the calendar year 2013. USD$. Page 4 • February 6, 2015 • Palo Alto Weekly • www.PaloAltoOnline.com UpfrontLocal news, information and analysis Report highlights Silicon Valley’s uneven prosperity New survey of Silicon Valley details Francisco’s growing tech sector economy keeps getting hotter” and wage and low-wage jobs, we’re leading the charge. Venture capi- to proclaim that this kind of growth steadily losing share in the middle. rising growth, gaping inequality tal investments spiked in 2014; the is “a thing to celebrate, surely.” “It’s as if the economy has lost its by Gennady Sheyner number of patents filed continues Yet the report also emphasizes spine, and this has important impli- to rise; median household income the region’s rising inequality, which cations for the kind of community ueled by a sizzling tech sec- dents, between its men and women and average wages both increased; pertains not just to different job sec- we become,” Hancock said. tor, strong population growth and between its white and black housing prices are on the rise; and tors but also to gender and ethnic- So what does a strong economy F and low unemployment, the residents, according to an annual the job growth rate of 4.1 percent ity. Black residents continue to lag with a fractured spine look like? Silicon Valley economy has grown report released Tuesday by the non- is the highest since 2000. These behind other ethnic groups when it According to the new report, it rapidly since the doldrums of the profit Joint Venture Silicon Valley. factors prompted Venture Silicon comes to income, and the gap be- means heaps of freshly minted but 2008 recession. So, however, have The 2015 Silicon Valley Index Valley CEO Russell Hancock to de- tween women and men also grew unevenly spread wealth. In many the income gaps between the re- presents a largely positive picture clare in his introduction to the Index in 2013. Hancock noted that even gion’s wealthiest and poorest resi- of the regional economy, with San that “the world’s hottest regional as the Valley is “proliferating high- (continued on page 10) ELECTIONS Jump in mail-in ballots caused election-count woes Evolving voter habits, outdated equipment contributed to slow counts by Sue Dremann ast November’s election- lots returned to polling stations, count troubles were mainly rather than sent through the U.S. Ldue to changing voting hab- Postal Service, grew from 30 per- its, with 50 percent of mail-in bal- cent in 2008 to 50 percent in 2014. lots returned in person at polling Simitian said he has heard anec- places on Election Day, Santa dotally that more voters wait be- Clara County Registrar of Vot- fore casting their ballots because ers Shannon Bushey said during they want to be fully informed. a special hearing by the county Bushey said that tabulating votes Finance and Government Opera- hits an inevitable bottleneck when Veronica Weber tions Committee. ballots must be physically removed Bushey delivered a report to the from envelopes and fed through committee on Jan. 28 outlining voting machines. No existing tech- the problems that occurred during nologies are capable of automating the Nov. 4 election and some po- the mail-in system, she said. That’s entertainment tential remedies. The committee, Last year’s slow returns were Mary Hill takes a close look in the dressing room mirror as she adjusts her wig before going chaired by Supervisor Joe Simi- not new. The registrar’s office fin- onstage as Bobbi Jean Piper in the performance of “Junie B. Jones” at the Palo Alto Children’s tian and vice-chaired by Supervi- ished tallying vote-by-mail ballots Theatre on Feb. 4. The musical, which is based on the children’s book series, runs through Feb. 8. sor Ken Yeager, wants to prevent by Nov. 9. The five-day time frame the same problems from marring was consistent with past elections, the June 2016 presidential pri- Bushey said. Vote-by-mail ballot homework load and the long-term mary and following November’s counting was completed in eight EDUCATION goal of collaborating to avoid giv- election, the supervisors said. days in November 2012. ing tests on the same day. Logistics, under-staffing and Provisional ballots were com- Gunn is working on extending outdated equipment also contrib- pleted in 13 days in 2014; in 2012, High schools take action to hours at its test center this semes- uted to the slow reporting, Bush- it took 15 days, she said. Provi- ter so that students can make up ey said. Rumors that the abrupt sionals require that signatures and tests before and after school, rath- resignation of a key information- addresses be cross-checked by ease student stress er than the current options of do- technology manager a day before hand for validity to ensure that the ing so during lunch or a prep pe- the election caused the slow re- person did not vote twice.
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