The Associated Press

OAKLAND, Calif. — The Black Panther party preached “power to the people,” but in the San Francisco Bay area’s thriving real estate market, the power is in the property.

In this March 14, 2012 photo, a for sale sign is placed in front of the former home of Black Panther Party co-founder Bobby Seale Oakland, Calif. on Wednesday, March 14, 2012. The house where the Black Panther Party got its start in the late 1960s is now on the market after being sold and remodeled into a trendy showpiece. The bungalow once hosted young revolutionaries Huey Newton and Bobby Seale as they drafted their 10-point party manifesto and unloaded their weapons after their nightly patrols. (AP Photo/Bay Area News Group, Jane Tyska)

Realtors expected to close a deal Friday on the Oakland home where the militant black power group was founded in 1966.

Panther co-founder Bobby Seale’s family sold the house in October for $200,000 to real estate investors who renovated the home with chic maple and quartz upgrades, The Oakland Tribune reported (http://bit.ly/GSQhOX ).

After the improvements, the home was put on the market for $400,000 — almost 40 times what Seale’s parents paid for it in 1960.

Seale said he and Huey Newton drafted the party’s manifesto in the dining room.

“We would come in from patrol at night, unload our weapons at my house, and lay them all out across the long dining room table,” Seale wrote in his 1978 autobiography.

The surrounding streets that armed party members once patrolled in the name of black empowerment are quickly gentrifying, with longtime residents like Seale departing for less expensive suburbs.

Seale, now 75, has worked as a draftsman and a carpenter. He made improvements on the house and wanted to do more, but his sister persuaded him to sell.

The house’s dramatically increased selling price was part of “the same crap that got this financial debacle started in the first place,” he said.

But Seale didn’t hold the cutthroat realities of buying and selling homes in the Bay Area against the new residents.

“People move. Humans move. Power to the people, whether they’re black, white, blue, whatever,” he said.

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Information from: The Oakland Tribune, http://www.oaklandtribune.com

___

March 23, 2012 05:21 PM EDT

Copyright 2012, The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Article source: http://www.ajc.com/news/nation-world/home-where-black-panther-1396570.html

OAKLAND, Calif. — The Black Panther party preached “power to the people,” but in the San Francisco Bay area’s thriving real estate market, the power is in the property.

Realtors expected to close a deal Friday on the Oakland home where the militant black power group was founded in 1966.

After the improvements, the home was put on the market for $400,000 — almost 40 times what Seale’s parents paid for it in 1960.

Seale said he and Huey Newton drafted the party’s manifesto in the dining room.

“We would come in from patrol at night, unload our weapons at my house, and lay them all out across the long dining room table,” Seale wrote in his 1978 autobiography.

The surrounding streets that armed party members once patrolled in the name of black empowerment are quickly gentrifying, with longtime residents like Seale departing for less expensive suburbs.

Seale, now 75, has worked as a draftsman and a carpenter. He made improvements on the house and wanted to do more, but his sister persuaded him to sell.

The house’s dramatically increased selling price was part of “the same crap that got this financial debacle started in the first place,” he said.

But Seale didn’t hold the cutthroat realities of buying and selling homes in the Bay Area against the new residents.

“People move. Humans move. Power to the people, whether they’re black, white, blue, whatever,” he said.

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Article source: http://www.huffingtonpost.com/2012/03/24/black-panther-house_n_1377181.html

OAKLAND, Calif. — The Black Panther party preached “power to the people,” but in the San Francisco Bay area’s thriving real estate market, the power is in the property.

Realtors expected to close a deal Friday on the Oakland home where the militant black power group was founded in 1966.

Panther co-founder Bobby Seale’s family sold the house in October for $200,000 to real estate investors who renovated the home with chic maple and quartz upgrades, The Oakland Tribune reported ( http://bit.ly/GSQhOX).

After the improvements, the home was put on the market for $400,000 – almost 40 times what Seale’s parents paid for it in 1960.

Seale said he and Huey Newton drafted the party’s manifesto in the dining room.

“We would come in from patrol at night, unload our weapons at my house, and lay them all out across the long dining room table,” Seale wrote in his 1978 autobiography.

The surrounding streets that armed party members once patrolled in the name of black empowerment are quickly gentrifying, with longtime residents like Seale departing for less expensive suburbs.

Seale, now 75, has worked as a draftsman and a carpenter. He made improvements on the house and wanted to do more, but his sister persuaded him to sell.

The house’s dramatically increased selling price was part of “the same crap that got this financial debacle started in the first place,” he said.

But Seale didn’t hold the cutthroat realities of buying and selling homes in the Bay Area against the new residents.

“People move. Humans move. Power to the people, whether they’re black, white, blue, whatever,” he said.

Information from: The Oakland Tribune, http://www.oaklandtribune.com

Article source: http://www.kansascity.com/2012/03/23/3509288/home-where-black-panther-party.html

]]> http://homesmillbrae.com/1389/home-where-black-panther-party-founded-flipped-2/feed/ 0 http://homesmillbrae.com/1387/home-where-black-panther-party-founded-flipped/ http://homesmillbrae.com/1387/home-where-black-panther-party-founded-flipped/#comments Fri, 23 Mar 2012 22:36:54 +0000 http://homesmillbrae.com/1387/home-where-black-panther-party-founded-flipped/ Continue reading →]]> OAKLAND, Calif. —

The Black Panther party preached “power to the people,” but in the San Francisco Bay area’s thriving real estate market, the power is in the property.

Realtors expected to close a deal Friday on the Oakland home where the militant black power group was founded in 1966.

Panther co-founder Bobby Seale’s family sold the house in October for $200,000 to real estate investors who renovated the home with chic maple and quartz upgrades, The Oakland Tribune reported ( http://bit.ly/GSQhOX).

After the improvements, the home was put on the market for $400,000 – almost 40 times what Seale’s parents paid for it in 1960.

Seale said he and Huey Newton drafted the party’s manifesto in the dining room.

“We would come in from patrol at night, unload our weapons at my house, and lay them all out across the long dining room table,” Seale wrote in his 1978 autobiography.

The surrounding streets that armed party members once patrolled in the name of black empowerment are quickly gentrifying, with longtime residents like Seale departing for less expensive suburbs.

Seale, now 75, has worked as a draftsman and a carpenter. He made improvements on the house and wanted to do more, but his sister persuaded him to sell.

The house’s dramatically increased selling price was part of “the same crap that got this financial debacle started in the first place,” he said.

But Seale didn’t hold the cutthroat realities of buying and selling homes in the Bay Area against the new residents.

“People move. Humans move. Power to the people, whether they’re black, white, blue, whatever,” he said.

—

Information from: The Oakland Tribune, http://www.oaklandtribune.com

Article source: http://seattletimes.nwsource.com/html/nationworld/2017826749_apusblackpanthershouse.html

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