Curious as to which downtown projects were advertising at the end of summer as the mortgage market implodes I picked up a Sunday Seattle Times. Here’s who is advertising and what their ads are saying:
1 Hotel - Sales debut September 2007
Carbon 56 - 50% sold. Summer Special: No Home Owner Dues for One Year!
Equinox - Connect to the city. Connect to the outdoors
Escala - Over $60 million in sales since may grand opening
Live Fremont - Poolside condos. 1 Bds ridiculously priced from $274,990 (I’m surprised they couldn’t spell beds properly!)
Live Historic - Because crown molding is known to improve one’s sex life.
Queen Anne High - The rooftop deck is now open at Queen Anne High School! Now selling from $299,950
Popularity: 49% [?]
8 responses so far ↓
1 EconE // Aug 26, 2007 at 10:08 pm
Dude…you’re kidding about Live Historic…or are you?
Maybe they should have just said…
Live Historic - Better than Viagra*
*this statement has not been approved by the FDA
2 nitsuj // Aug 27, 2007 at 8:34 am
They would have had to add “consult your physicians if erections last longer than four hours”
3 Matt // Aug 27, 2007 at 9:22 am
EconE, not kidding, that’s what their ad says in very bold print!
4 Steve // Aug 27, 2007 at 11:29 am
Looks Like their ad did exactly what they wanted it to. Look we are talking about their project. I call that good marketing.
5 jo // Aug 27, 2007 at 12:14 pm
If I’m spending a few hundred thousand dollars, I don’t want to throw that money in a project that is deemed as “gimicky”. Expo62 is another perfect example of that.
6 Holly // Aug 29, 2007 at 5:01 pm
Re Carbon 56 — what are they trying to do, bankrupt the HOA before it’s even formed?
7 Linda Pratt // Nov 17, 2007 at 10:16 am
It’s a great to save many of our pre-modern buildings. However it’s sad when a developer like Live Historic doesn’t go the full length in restoration…. For example take the Marlborough House are they replacing the 80 year old water supply lines, drain lines, boilers, elevators and radiant the heating system? Way to often these developers try to paint a complete restoration picture while leaving millions of dollars in undone work to be paid for by future homeowners in the association. The teaser monthly dues rate at the time of purchase could double or even triple within a few years on top of a one-time special assessment often above $25,000 per unit. If your looking to purchase into a building that is “Restored” make sure the developer is held accountable for replacing all the major components before you sign a contract.
Best regards, Linda
8 Diedra // Apr 20, 2008 at 1:18 pm
Actually, In theme with all of the Live Historic projects The Marlborough’s plumbing and electrical have been completely restored. The windows have been completely replaced. The boiler has been retired and the steam supply is now from Seattle Steam, offering a safer and more consistent source.. The homeowners dues are probably some of the most stable offered on the market. The company is quite careful to offer a HOD that considers most assessments for many years to come. Live Historic doesn’t gloat unrealistic anything to get people through the door. They really have a good and honest product that people can be proud to be a part of.
Fortunately, Live Historic is not one of “these developers” that leaves the buyer as a victim. It too bad that is something that anyone does have to worry about. But it’s wonderful that there are developers out there to make a difference in community building.
Wednesday April 23rd from 5:30-9, The Marlborough is hosting an open house. Anyone is welcome to take a sneak peek at its restored glory. The event will offer free food and drink as well as tours of the building. Valet parking will be offered. Please stop by to disprove the blog rumors!
Best,
Diedra
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