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Condo Conversion-alooza Displaces Seattlest

By September 10, 2007

Seattlest had a post last week on the difficulties of renting downtown amid raising rents and increasing conversion, Condo Conversion-alooza Displaces Seattlest … Sort Of:

But we hadn’t planned well, we weren’t smart. We hadn’t played by the aforementioned rules.

There are no “less-expensive” 1BR apartments in Seattle. None with the space and legal allowances for two people, two cats, IKEA furnishings, and random shit that people acquire over 30-odd years. None in Queen Anne. None in Green Lake or Wallingford. None in Fremont, Ballard, Phinney. None in West Seattle.

Because what hasn’t gone condo in the last few years is going condo now. Nearly 1,500 Seattle apartments already have this year. And the conversionistas lurk, ready to pounce, fuck with tenants’ lives and tear the hopes out of their collective heart. Because, as the P-I notes, there’s no cap on condo conversions in our city.

Accordingly, two days before our expected move-in date, we got a call.

Watermarke manager: “Oops, sorry, our building was sold to condo people this weekend. We’re asking everyone to move out. So you can’t move in.”

This certainly mirrors the stories of a few of my friends looking for places to rent.