Second + Pine 25% Reserved

I received an email saying that the project at Second and Pine is already 25% reserved. It’s unclear what reserved means though they are boasting:

The Priority Preview Events held last night at Benaroya Hall resulted in 20 new home reservations for the condominiums representing over $30 million in condominium sales.

There’s another review tonight, May 16th at either 5:30pm or7:30pm. Seating is limited. If you are interested in attending check out their condo events page. Unfortunately I have other plans tonight or else I’d swing by.

About Matt Goyer

I'm the publisher of Urbnlivn and a real estate agent. I love lofts, floating homes, new construction and mid-century moderns but will help you buy or sell just about anything.
Get in touch to:
• Understand the market
• See homes for sale
• Sell your home

Contact Matt matt@urbnlivn.com / 206-618-1600

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  • How much money do you have to put down to ‘reserve’? What didn’t impress you?

  • How much money do you have to put down to ‘reserve’? What didn’t impress you?

  • JO

    i believe to reserve it’s now 25k, i have a friend who reserved a month or so ago and it was 10k then

    things i didnt like regarding the city place units: ceiling heights (9′), very very small kitchen (pretty much a kitchenette), fully furnished. you won’t be able to do anything with it

    financing the city place units are going to be a pain as well, you’ll need at least 20% down. you will be able to rent them out, however the hotel operator wouldn’t even give an idea what they’d fetch…they flat out refused to.

    also the 1$/sq foot HOA dues are way high

  • JO

    i believe to reserve it’s now 25k, i have a friend who reserved a month or so ago and it was 10k then

    things i didnt like regarding the city place units: ceiling heights (9′), very very small kitchen (pretty much a kitchenette), fully furnished. you won’t be able to do anything with it

    financing the city place units are going to be a pain as well, you’ll need at least 20% down. you will be able to rent them out, however the hotel operator wouldn’t even give an idea what they’d fetch…they flat out refused to.

    also the 1$/sq foot HOA dues are way high