Condo News – Conversions
Early Pricing Movement
If you’ve been in the market but felt the prices where just a little too out of reach you just might want to have another look. Two projects want to get the word out about some spectacular deals. The Luxe on Queen Anne and CityView in Leschi have reduced prices from $30,000 up to $75,000,…
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…
Max Condo Update – Greenwood
Update Oct 2007: Max Condominium has ceased sales and will revert back to apartments. The Max Condominium (website) public grand opening was this past weekend at 8520 Evanston Ave N, just north of the Evanston. A condo conversion, the property was built in 1999 as the Maxville Apartments and designed by Weber + Thompson. The…
Seattle Area Condo Happenings
The Max Condo – Greenwood The Max Condominium will begin sales this coming weekend with a special VIP preview and sales event on Saturday, September 8th from 11 AM to 6 PM. The public grand opening is Sunday, September 9th from 11 AM to 6 PM. Bellevue Towers – downtown Bellevue Bellevue Towers Condominium announced…
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…