Equinox on Eastlake Goes Apartments

The last week has been very busy at work getting ready for our all hands meeting which was on Friday, so I missed the news that Equinox on Eastlake has gone apartments. I think I know one Urbnlivn reader who will be quite happy to get their deposit back.

About Matt

Matt , Urbnlivn's publisher, has a love for lofts with industrial features and new construction condos that is only eclipsed by his passion for outdoor sports and urban living. Phrases such as “polished concrete” and “exposed brick” are music to his ears. You can also find Matt on Twitter or skiing.

  • seattlehomes

    Probably good for the Lake Union/downtown market. The glut of condos was really slowing things down. We're getting to a good level of inventory now, Veer lofts is at 2/3 sold.

  • peckhammer

    Veer is 2/3 sold? Not enough to form a HOA, but getting closer. When they have a flexi-loft available for $225K, I'm in!

  • peckhammer

    Hmmm. Just looked up the Veer on King County's property records site and I count 53 units sold. Maybe they are not up to date, but there are 99 units in this building, plus commercial space (none of which seems to be rented).

    Also, I am not sure that condos turning to apartments is a good thing for the Lake Union/downtown market. Since it's cheaper to rent than to own, why would you pony up to buy an over-priced condo when you can live in a new condo for less, and not have the hassles of ownership.

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