Saturday, May 20, 2006

 

PALO ALTO PRIME / New houses sell at auction -- and at a premium -- before first spade of earth is turned

'Make your bid for a piece of Palo Alto history.'

That's how home builder D.R. Horton enticed 78 people to pay $1,000 to consider bidding at least $1.7 million for one of 11 single-family houses on the site of the legendary Rickey's Hyatt Hotel.

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