Tag: Condo Conversions
Conversion Bill Do-Over
Passed over during the last legislative session, the condo conversion bills are making their way through both houses of the state legislature. I’ve posted updated info on the bill as well as my thoughts about the bill on my other blog. I have been in favor of some sort of change to the current requirements…
Expo62 Bites the Dust
It had been rumored for the past few months that Expo62, a new condominium project under construction in Lower Queen Anne, was going to be converted to apartments. Now, it seems to have come true. According to fellow Realtor, James Stroupe, who reserved a unit in Expo62, the building was sold to an out-of-state buyer.…
Smith Tower Conversion Scaled Back
The Seattle Times reported today that Smith Tower’s owner, Walton Street Capital, has amended plans to convert the venerable landmark. The new proposal calls for converting the top 12 floors to condominiums with one unit per floor, roughly about 2,000 square feet each. Read the full article at the SeattleTimes.com: Smith Tower condos: Only the…
In Conversion News…
As mentioned previously, the city had been considering an ordinance to ensure conversion developers notify lower-income tenants about displacement assistance or they would be fined. Last week the council unanimously passed the ordinance. Developers or landlords who fail to provide notice will be fined $100-a-day for every day they violate the ordinance. It’s a start.…
Max No More
A reader brought this to my attention. At first I was a little skeptical but have since confirmed that the Max Condo in Greenwood has pulled the plug and is reverting back to apartments. It seems sales during the first three weeks did not meet expectations. Which is a bit surprising as Greenwood area condos…
The Marc Anna Condo – Queen Anne
The Marc Anna (website) will be hosting its grand opening this weekend, September 29th & 30th at 102 Galer Street on the top of Queen Anne. Originally constructed in 1927, the Marc Anna features just 6 one-bedroom and one-bedroom + den condominium homes starting from the high $300,000s.
City Considers Conversion Fine
While the State seems unable to agree on a conversion bill, the Seattle City Council is taking baby steps to assist low-income tenants. Earlier this week, the council’s Housing, Human Services and Health Committee moved forward Bill 116022 that would fine developers $100 per unit per day if they fail to provide notice to low-income…
Stadium Lofts Update
Stadium Lofts (website) is gearing up for its upcoming home sales this Fall. The Stadium Lofts project, located at 589 Occidental Ave South (map), will feature 85 single and multiple level loft homes within the historic 1905 building and its new addition. Type of homes available Live/Work Lofts – 3 two-level live/work lofts with private…
939 Oaktree – North Greenwood
The 939 Oaktree condominium (939 N. 101st Street) is a recent conversion in the North Greenwood area by the Northlake Group who also completed a number of conversion properties in the Ballard area. Of 939 Oaktree’s 15 units, only four remain – 1 two-bedroom and 3 one-bedrooms. The two-bedroom is 946 sq ft and available…
Novell Condominium – U-District condo
The Novell Condominium (website) will be holding its grand opening this weekend at 901 NE 43rd St. from noon to 5 pm. The building is located in a residential area just off Roosevelt. Novell features 36 studio and one-bedroom condominium homes that range in size from 332 square feet for studios to 670 square feet…
