Granted, this is pretty much old news by now, but the issue of the disappearing condo views is at least worth mentioning. Benjamin Shanfelder signed up to buy a condominium on the west side of downtown Seattle’s Cosmopolitan building in 2005 because it was one of the first new downtown high-rises and was convenient to…
Tag: downtown
Downtown Condo Buyers to Solve Crime Problems?
Once in a while, you have to wonder why someone would be so excited to buy one of the many $500,000+ condos that are soon to spread over downtown like a tsunami. It certainly isn’t for a secure, friendly neighborhood environment… Sgt. Rich O’Neill, Seattle Police Officers’ Guild president, said officers aggressively policing the drug…
Seattle Times RE Roundup
The Seattle Times has had a good handful of real estate stories in the last few days, but none of them have been interesting enough to merit their own post. However, now that I’ve got a little collection of them in the inbox, here’s a roundup with snippets from all four. Jane Hodges, Buying on…
Vulcan Ridiculous @ 2200
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……
Condomania in Tacoma!
Tacoma: Your mission, should you choose to accept it, is to sell 1,500 high-end condos in 14 months: Hundreds of new, pricey condominiums exclude young singles needed for a thriving city core, according to the author of a study analyzing the downtown housing market. Builders and developers say land costs and water views push prices…