Mayor Nash and Council members,
Your own feasibility study is telling you:
A parking Ramp is NOT financially feasible.
You have a fiduciary duty to STOP NOW.
Otherwise, your Legacy will be the same as "the Fay".
None of the developers meet the standards.
You must stop!
Michael DeMoss, resident
Commercial Real Estate Attorney
Begin forwarded message: From: michael demoss < lawreview@icloud.com> (mailto:lawreview@icloud.com) Date: February 3, 2026 at 9:35:42 AM PST To: Menlo Park City Council < city.council@menlopark.gov> (mailto:city.council@menlopark.gov) Subject: Lack of parking = Foreclosure
City Council of Menlo Park, and staff:
Take notice!
Actual local ( San Jose) facts about the NEED for Enough PARKING.
Lack of parking = Foreclosure.
Inform yourselves.
See attached Mercury news article QUOTED:
. “It’s unfortunate that the Fay’s lack of dedicated parking hurt their leasing up to the point that their occupancy rates are around 50%,” Hayden said.
Sent from my iPhone
