Archives for April 2009

Gallery Grand Opening Event & Model Home Tour

While Gallery has been doing tours for a while now (I saw it in October) they are finally holding their grand opening event this weekend: The wait is over. Standing tall on the corner of 2nd Ave and Broad Street, Gallery is a work of art. Stop by to tour the finished amenity spaces and… Read More

MLS Watch

Another unit at Talisman Everyone was hot on Talisman when a unit came on the market a few weeks ago. Here’s another. This one, #214, is $249,950. However, the interior of this one is definitely not to my taste. Eastlake Lofts #201 is new to the market. But a little pricey at $590,000 for 949… Read More

2nd Most Popular Condo – 30 Yr Old Place in Fremont

The most popular condo is still Unit #4 at Leona. The second most popular condo is Unit 3 at Albion Place Condos in Fremont. 2 beds, 822 square feet, only $249,950. Last sold in 1988 for $66,000. In third place is unit 201 at 420 Melrose Ave on Capitol Hill. It has very nice views… Read More

Looking For a Resident of the Monique Lofts…

Live at Monique Lofts? The Stranger circulation department is looking to get in touch with you: I’m having a hard time locating a manager telephone or email for the building and thought that perhaps you could point me towards someone there. I have a newspaper box inside the building that I have to retrieve and… Read More

With Pre Sales At 25%, Rollin Street Going Apartments

Just had this forwarded to me. Here’s the email from Vulcan to people who had signed purchase and sale agreements for Rollin Street, a 197 unit project, at Denny and Westlake. Here’s an old fact sheet [pdf] since they’re taken down their website. Dear [homeowner], As you know, we have been exploring how the financing… Read More

Seattle Times Article on Buyers Backing Out

Seattle Times finally clued into the closing problem at the big shiny new downtown condos, At pricey high-rise Seattle condos, some buyers back out: At Fifteen Twenty-one, developer Opus Northwest says more than one-quarter of the original buyers have walked away, some forfeiting deposits of $100,000 or more. At Olive 8, at least 10 percent… Read More

Most Popular Condo: #4 at Leona Place

Last week was crazy. I was in Boston, DC and Alaska all within four days. So I missed posting the most popular condo. However, it’s been the same place the last two weeks, unit #4 at Leona. It’s the unit that has been reduced from $475,000 down to $295,000. Truthfully, I’m a little surprised it… Read More

Pb Elemental Modern House Tour this Sunday

While I’m skiing in Alaska you can be touring Pb Elemental’s great modern houses this weekend: This event will be slightly different from our last, beginning at a Buyer’s Hub at our 23rd Commercial project (718 23rd Ave S), where individuals can check out our full range of new projects and receive information about them… Read More

Williams Marketing Out at Brix

As we suspected Williams Marketing is no longer at Brix: We proudly announce that Schnitzer West’s brokerage is now Brix’s listing agent. Community Sales Representatives Julie Selmikeit and Melissa Camp will be available to assist you beginning Saturday, April 18th. …I’m blogging from Alyeska in Alaska. We just saw kangaroos in Anchorage.

Windermere Onsite Out at Gallery & Equinox

Looks like Schnitzer West is switching to their own brokerage instead of using Windermere Onsite to finish sales off at Gallery & Equinox. The Gallery announcement: We proudly announce that Schnitzer West’s brokerage is now Brix’s listing agent. Community Sales Representatives Larry Ahrens and Kristi Dilts will be available to assist you beginning Wednesday, April… Read More

The Stranger Looks at Schnitzer

This week The Stranger takes a look at look developer Schnitzer, Schnitzer Hits the Fan – Developer Took Big Risks at the Worst Possible Time. Schnitzer’s construction crews are finishing hundreds of new condos and scads of office space just as the real-estate market is bottoming out. Yes, they are striking out: Gallery (

How to Find Commercial Condos?

A reader is looking for a commercial condo: I visit your site often, and was wondering if you knew of any good sites for commercial condos? Redfin is great for residential, but the commercial real estate sites are often lacking… If you know of any good ones, I’d appreciate it. I just lost out on… Read More

Updated Talisman Loft Unit

Unit 402 looks to be a nice updated unit at the Talisman building on First Hill. It’s $269,950 for 527 square feet. And if you’re looking for something even cheaper, funkier but still urbn, check out this $75k houseboat on Lake Union.

Escala Tops Off

It was an already shortened work day due to a dentist appointment and sailing so I couldn’t make the Escala topping off ceremony. Plus, I’m afraid of heights. I would have freaked out up there. Fortunately they forwarded some pictures. The Stroupe Group did make it and posted a brief write-up. At this point I… Read More

Most Popular Condo this Week: Madison Park Place

I was surprised to see 2000 43rd Ave E #302 has been the most popular condo on Redfin in the past week: For $1.5mil the kitchen is rather, um, lacking: At 1,944 square feet the place is pricey at $769/sq. ft.

Leona and Ruby Drop Prices

Leona and Ruby continued to cut prices this week. Barrientos is the developer for both projects and they’re being marketed and sold by Williams Marketing so it’s not surprising to see them being reduced only a day apart. At Ruby a number of units had their prices cut by $10k or $20k. A few had… Read More

13′ Ceilings at 81 Vine

Unit 200 at 81 Vine Belltown is my kind of place. Exposed brick walls. Heavy timber beams. 13′ ceilings. Abundant natural light and wide-open living spaces. Striking views of Elliot Bay and West Seattle. Enclosed bedroom, plus bonus loft for office, storage or guests. It’s 974 square feet for $525,000.

Trace North Retail: Pizza Fusion is Out

A week ago Pizza Fusion, which only opened in November, in the Trace North retail space, closed its doors. Pizza Fusion wasn’t perfect; the interiors and design, while well intentioned and “green”, it didn’t quite fit in with the Capitol Hill vibe. However, we did love its convenience and would often order take out. (Sadly,… Read More

Olive 8 Blog – Lots of Talk of Walking Away

A reader in the comments points us to the Olive 8 blog where there are only three posts but two of them have a very active comment section. One where people talk about walking away. Sounds like hiring a lawyer will cost you a retainer and then a 1/3 of the monies recovered. The two… Read More

Olive 8 Video

Last night I took a video of one of the Olive 8 interiors but couldn’t post it because YouTube was down. Here it is: Let me know what you think. Should I do more videos or just stick to photos?