Fb CEO Mark Zuckerberg could also be one of many 10 richest folks on this planet, however his billions do not exempt him from coping with native housing laws.
A evaluation board has really useful that the town of Palo Alto, California reject Zuckerberg’s plans to tear down and rebuild 4 single household properties he owns round his major residence.
Associated: Mark Zuckerberg to tear down and rebuild 4 homes surrounding his residence
Zuckerberg purchased his predominant 5,000 sq. foot residence for $7 million in 2011. Two years later, he snatched up the 4 surrounding homes in an try to keep up his privateness. His plan was to bulldoze and rebuild them so that they are smaller and do not have a transparent view into his predominant residence.
As an alternative of reselling the homes, Zuckerberg plans on protecting them as part of a bigger compound the place family and friends may keep. However that is what fearful Palo Alto’s Architectural Overview Board.
A compound would imply fewer properties available on the market in a metropolis that is already combating restricted housing and sky-rocking costs. The advisory board stated one big compound violates native zoning codes that prohibit a single lot from being bigger than 20,000 sq. toes. It is simply one of many metropolis’s guidelines meant to guard single household properties.
Associated: Mark Zuckerberg is constructing a wall
“We perceive from Mr. Zuckerberg’s consultant that they’re taken with making some changes to their drawings responding to the issues raised by the architectural evaluation board,” stated Palo Alto metropolis planning director Hillary Gitelman. “As soon as these changes are made, they are going to be requesting that the board rethink their advice. We hope to schedule this for a gathering in mid-November.”
Zuckerberg has been criticized earlier than over his numerous actual property plans. Earlier this yr, he angered neighbors when he introduced plans to construct a 6-foot wall on his 700-acre property on the island of Kauai in Hawaii. He is additionally clashed with neighbors over development and the hoarding of parking spots round his $10 million San Francisco residence.
Fb(FB, Tech30) didn’t instantly reply to a request for remark.