Mark Zuckerberg’s Neighbors Voice Concerns Over Purchase of Multiple Homes in Palo Alto Neighborhood for $110M
In a recent development that has stirred up discontent among residents of the Crescent Park neighborhood in Palo Alto, California, Mark Zuckerberg, the CEO of Meta, has raised eyebrows by acquiring 11 properties in the area over the past 14 years, totalling a whopping $110 million.
The roots of this disapproval can be traced back to 2011 when Zuckerberg initially settled in the Crescent Park neighborhood, purchasing a 5,600-square-foot residence on Edgewood Drive. As detailed in a report by The New York Times on August 10, the tech mogul has since invested over $110 million in buying 11 additional homes nearby.
Zuckerberg has integrated five of these properties into a sprawling compound that now serves as the primary abode for him, his wife Priscilla Chan, and their three children. Among the notable features of the compound are guest houses, lush gardens, a pickleball court, a pool equipped with a hydrofloor, and a 7-foot silver statue of Chan, specially crafted on Zuckerberg’s commission.
Additionally, the magnum opus of the compound is a subterranean space of 7,000 square feet, identified in permits as a basement but referred to by neighbors as bunkers or the billionaire’s bat cave. One of the properties was repurposed as a clandestine school for 14 children, contravening city regulations, with six adults, including four instructors, reportedly operating there last year.
Speaking to The New York Times, nine neighbors, seven opting to remain anonymous due to fears of repercussions, lamented about enduring eight years of incessant construction, blocked driveways, debris, and instances of equipment causing damage to car mirrors. The installation of new security cameras and the presence of security guards stationed in vehicles have also elevated feelings of surveillance within the community.
Michael Kieschnick, a resident of Palo Alto whose property shares three borders with Zuckerberg’s holdings, emphasized the community’s aversion to being overshadowed by the tech magnate’s expanding real estate portfolio. Despite a rejection of Zuckerberg’s proposal to construct a compound in 2016 by a city board, subsequent approvals of 56 permits have essentially facilitated the gradual expansion of his properties.
Complaints against the Palo Alto city administration also surfaced, with claims of preferential treatment towards Zuckerberg. An incident involving the temporary designation of a public road as a tow-away zone for a private barbecue hosted by Zuckerberg further fuelled residents’ disgruntlement.
In response to the mounting dissatisfaction, a spokesperson for Zuckerberg and Chan underscored their commitment to harmonious coexistence with their neighbors. The couple purportedly values their ties within the community and has implemented measures exceeding local mandates to mitigate disruptions, including noise restrictions for staff, vendors, and construction activities, and adherence to parking regulations during events.
The spokesperson further disclosed that the couple has initiated gestures of goodwill by bestowing neighbors with gifts such as wine, chocolates, doughnuts, and noise-canceling headphones during turbulent times. Security details have been revamped with the deployment of quiet electric vehicles for patrol purposes, aiming to alleviate concerns of intrusive surveillance.
While the saga unfolds, the standoff between Zuckerberg’s aspirations for expanding his residential domain and the communit…