By The Tim on April 28, 2008
Here’s an interesting story that popped up over the weekend and had people emailing me and discussing it in the comments and forums. A downtown luxury condo building named Escala is having trouble moving the last 70 units (of 270, so roughly 25%), so to try and juice up their sales, they’re raising prices. [...]
Posted in News | Tagged Business Journal, condos, Escala, Goyer, Grind, luxury, Pryne, Seattle_Times, Urbnlivn
By synthetik on April 14, 2007
Ah, the joys condodebtorship.
When Jerry O’Leary, 54 and retired, put down over $100,000 dollars toward a new million-dollar condominium in February 2005, he thought he was buying his way into an innovative downtown lifestyle proposed by Vulcan Inc. Vulcan Real Estate’s $200 million 2200 project on two and a half acres at Westlake Avenue…
However, on [...]
| Tagged condos, downtown, incentives, Urbnlivn, young_professionals
By The Tim on April 5, 2007
Local condo enthusiast Matt made an interesting observation in a post on Urbnlivn Tuesday. Apparently in many of the recently-opened Seattle condo projects there are, in Matt’s words, “re-sales galore.” 33 units at 2200, 19 at Cosmo, and 5 (of 48) at Meritage. Plus, anyone who bothers to spend a little time [...]
| Tagged condos, Urbnlivn
By The Tim on February 12, 2007
Many of you pointed out the latest in a series of paid advertisements masquerading as reporting in yesterday’s Seattle Times. The apparent purpose of the “article” was to convince the reader that 2007 is a great year to buy a condo in downtown Seattle, at any cost.
[Condo developer David] Thyer insists that Seattle isn’t [...]
| Tagged condos, downtown, puff_piece, Seattle_Times, Urbnlivn
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