By The Tim on March 3, 2010
Kirsten Grind over at the Puget Sound Business Journal posted a more detailed update yesterday on the 180° strategy turnaround at the upscale downtown condo complex Escala that we mentioned a month ago.
Escala cutting condo prices by 50 percent
Downtown Seattle condominium tower Escala will lower prices by as much as 50 percent on unsold units, [...]
Posted in Local, News | Tagged Business Journal, condos, downtown, Escala, Grind, Pryne, Seattle_Times
By The Tim on February 18, 2010
Just aired tonight on KING 5 News: Alki littered with for-sale and for-rent signs
Excerpting from the online story text:
Realtor Sandra VanderVen shows us a condo off Alki beach that has been on the market for a year and a half.
“It almost seems like you could put a free sign out!” VanderVen jokes about the [...]
Posted in Audio & Video, News | Tagged Alki, condos, King5, TV, video
By The Tim on February 3, 2010
April 2008: Raising Prices to Entice Buyers—wait, what? (Awesome plan, Escala!)
Developer Lexas Cos. said this week that on June 5 it will raise the asking prices 3 to 7 percent for about 70 unsold units that have been on the market since last spring.
Another 22 units that will be released for sale May 1 also [...]
Posted in Local, News | Tagged condos, downtown, Escala
By The Tim on January 19, 2010
I posted this to the Twitter news wire yesterday, but since the original story merited a full blog post back in May (Walking Away at Olive8), I thought that Andy’s thoughtful follow-up would be worth posting as well.
As it turns out, local internet entrepreneur Andy Liu didn’t end up walking away from Olive8 after all.
One [...]
Posted in Local, News | Tagged condos, downtown, Olive8
By The Tim on December 23, 2009
Here’s an interesting comparison. First, this graphic, posted here in June 2006, from a Seattle P-I article titled Booming development set to change Seattle’s look:
Then, a similar graphic from the most recent Seattle Business Magazine. The red rectangle on the first graphic shows the area that the second graphic covers.
I guess Seattle wasn’t [...]
Posted in News | Tagged condos, downtown
By The Tim on August 24, 2009
How bad is the condo market in Tacoma? Pretty bad.
Recall this article from June: Tacoma Luxury Condo Project Headed for Foreclosure
The Esplanade, a nine-story condominium on the west side of the near-downtown Thea Foss Waterway, has until Aug. 21 to escape from the imminent foreclosure, said sources close to the project who were not [...]
Posted in News | Tagged condos, foreclosures, Mastro, Tacoma, Tacoma_Tribune
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