Seattle Bubble

News & discussion about real estate & the housing bubble in the Seattle area.

Seattle Bubble - News & discussion about real estate & the housing bubble in the Seattle area.

Would You Pay $200k for 500ft²?

By The Tim on September 6th, 2005 at 1:50 PM · 2 Comments

Although this isn’t a news item so much as it is a blatant advertisement (a.k.a. “press release”), I still found it to be another interesting sign of the times.

Called Mosler Lofts, the 12-story condominium project is located near downtown restaurants, shopping and attractions, and Seattle Center. The lofts will range in price from the mid $200,000s to $1+ million.

The condominiums will range in size from approximately 500 SF to 2,000 SF.

$200,000 for 500ft²… what a steal! But hey, you can’t put a price on envy, right?

“This new development is truly an enviable location — where New York meets Seattle.”

Mosler Lofts, where Seattle wages pay New York prices!

(Business Wire, 09.06.2005)

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