Venture capital firm has leased historic Oasis building

Will they serve burgers or add to area in any meaningful way?
Sad state of affairs on two sides now.

Big Community Loss!

Old news. Read about this in the Daily Post online last week on Aug 22nd. BTW The city has lost another sales tax resource with the moving of longtime MP business Menlo Glass.

Oh Joy!

This change of tenants was mourned extensively, passionately and angrily on Facebook (Web Link) and elsewhere. That yet another absentee landlord is trying to maximize their return on an investment, with little or no regard for the wants or needs of the community, should surprise no one, truly. Pear VC does seem a good group of people from what I've read and I welcome them, but any office-related use of the old Oasis building will understandably be met with angst and scorn. One wonders whether the property owner wouldn't rather tear down this historic structure as part its larger development aspirations for the property next door (assuming HuHan Two and HuHan Three are one and the same): Web Link.

Mark
Huhsnone and two etc are all owned by the same family who own a home in Atherton. Not so absentee after all.

"Huhsnone and two etc are all owned by the same family who own a home in Atherton. Not so absentee after all."

Does this family actually live in Atherton, or merely own a home in town? Try performing a web search on "HuHan Two" or "HuHan Three" and you'll understand why one might assume they are absentee landlords.

As a Menlo Park native, it just makes me sick that the Oasis building was not declared a historic site. It does not speak well of our City fathers that the Oasis building is now a commercial property owned by strangers who obviously don't give a hoot about our City and the meaning that building has for residents of Menlo Park and beyond.

Mark
"Does this family actually live in Atherton, or merely own a home in town?
You could always knock on the door.

I am so sad that they intend to tear the building down and build offices. That building is so historic and I miss the Oasis so

They can't tear down the Oasis building. The building is designated historic.

"You could always knock on the door."

I should simply ignore your evasive cheekiness but perhaps you can provide an address for HuHan One, HuHan Two or HuHan Three? I wouldn't presume to visit the owner of these shell LLCs at home, regardless where she may live (apparently no names are attached to the LLCs in county documents/records). And I say "she" because after some concerted digging I appear to have found the owner's name and she's every bit as mysterious as the HuHan entities. If she were truly part of the community she'd be more forthcoming about her ownership of and plans for a beloved and historic property like that which housed the Oasis.

Mark
Follow the paper trail.
Publicly available MP documents 1917 give the manager as Yihan Hu with an Atherton address and Stanford email.
Her current LinkedIn is
Web Link
Yes the family is likely in mainland China. But she is the local rep.
So I agree ownership is absentee.
Almanac everything I have listed is in the public domain.

An absentee landlord, to add insult to injury!!! This has GOT to STOP!!! Shame on the powers that be for not quickly moving to designate the Oasis building as a historic landmark!!! It goes without saying we must vote these people out of office so this never happens again in our town. Boycott the absentee owners who now own the building that means so much to generations of Menlo Park residents, as well as to many others from surrounding communities. And boycott Pear VC, which has leased the building from the absentee owners for the purpose of running their venture capital business!!!

We probably shouldn’t sell real estate in the United States to people that are not citizens of the United States. But, hey, money is money, amiright?

This used to be a country that was dynamic and where property rights prevailed, but from all the commentary, everything really needs to stay exactly the same and all property is really community-owned.