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The Alex in Belltown Maybe Going Apartments

By October 24, 2008

Some folks are calling to make sure I know they’re not going apartments (i.e. Ruby Condos.) Others send mass emails broadcasting their uncertainty.

This just in from The Alex in Belltown:

Due to the volatility of our market at present, the Alex Condominium is being evaluated in terms of its best use for the current downtown Seattle demand. The builder is watching the market very closely and will be deciding whether to sell or lease (with option to purchase) the units. The building will be the fantastic building we have promised you, with fabulous finishes, extraordinary views, and of course the best location in downtown Seattle, First and Bell; that will not change.

We apologize that we will likely not be in the position to make our final decision about this issue until the first quarter of next year. Thank you for your patience and understanding..

And to the Eastside site agent I meet at the bar tonight… You’re lucky I’m not so drunk as to blog all your secrets.