Insignia 92%, Luma 50%, Gridiron 18%, Nexus Coming Soon

Hot on the heels of the Seattle Times article, Seattle condos: Short supply puts extra squeeze on housing market here is our update on the status of all the condo new construction projects as well as a few single family and larger townhouse projects. If you’re thinking of buying a new construction condo or home,… Read More

Sales Update: Vik 97%, Insignia 89%, Luma 50%, Gridiron 17%

The big update from last month is that the oh-so-secretive Luma released their Q1 sales numbers. They’re now 50% sold. Insignia, the biggest new construction project in town is closing in on 90% sold. Gridiron, is at 18%, and has added a construction cam so you can keep an eye on things. If you’re thinking… Read More

You Can’t Beat These Views

You just can’t beat the views at the Four Seasons. Just check out the views from #1103, a north west corner unit, that just hit the market for $3.45m. At 2,399 square feet it is a massive one bedroom with lots of space to spread out. And you can’t beat the amenities; the Four Seasons… Read More

6 To Go At Four Seasons

Yesterday a few folks on Twitter were remarking that a condo at the Four Seasons that had been sitting for five years finally went pending. I think it is more remarkable that there is still six to go! Walking through the Vik Ballard sales center this weekend I was certainly struck by the difference in… Read More

Four Seasons Owner Looking at $1.2m Loss

As Curbed points out, the views from unit 1704 at the Four Seasons are incredible. What’s really incredible is that the owners paid $4.179m for it in 2009 and are now trying to unload it for $2.998m. They tried to sell it for $2.9m in 2010 but it never sold. Breathtaking. But when the Four… Read More

Four Seasons: Rent, Don’t Buy #1201

Have you always wanted to live at the Four Seasons but couldn’t stomach paying millions of dollars for a place and thousands a month in dues? Well unit #1201 is now available for rent for only $9,500 a month. It is also for sale for $3.4m but at 20% down that’ll cost you $17,600/month according… Read More

Photos: Inside the Four Seasons Private Residences

Last Tuesday, the Four Seasons Private Residences in downtown Seattle showcased an exclusive preview of their newly refreshed urban condos.  With sweeping views of the waterfront, the complex is located at 99 Union Street, just steps away from Pike Place Market.  The units themselves range in size from 1,328 to 4,488 square feet with prices… Read More

Four Seasons Switches to Windermere

The Four Seasons, which last time we checked was only 69% sold after years on the market, has bailed on Realogics and switched to Windermere as their sales and marketing firm. At the same time they very modestly dropped prices on a few units: Unit #1104 went from $2.44m to $2.38m. #1404 went from $2.49m… Read More

Four Seasons Replacing Glass Balconies

A reader tipped us off that it looks like the Four Seasons Seattle is undergoing some repair work already: From my office I noticed that the Four Seasons is replacing the glass on all of it balconies/terraces. Looks like every balcony on all of the apartment floors and the common area at the top. You… Read More

Update: New Construction Condo Inventory

The last time we checked in on new construction condo inventory was back in July, and before that in May. In May inventory looked to be 75% sold, then the needle shifted to 77% in July, and now the properties tracked in this list are 81% sold in all. As for what’s gone down the… Read More

Check In: New Construction Condo Inventory

Just over two months ago, I did a roundup of new construction condo inventory in Seattle. It seems about time to check in and see where things stand now. Last time I said that inventory was 69% sold overall; however, I missed a few properties in my roundup. So after adding those in (including several… Read More

New Construction Condo Inventory

When new construction condos went all gangbusters a couple weeks back and closed nearly half of the condo and townhouse sales that week, it seemed like a good time to do an inventory round-up to see what’s left to buy in Seattle. And when you think about remaining inventory, you can’t help but think about… Read More

Four Seasons Restructures Debt, “Back on Track”

The Seattle PI was the first to pick up the story that the Seattle Four Seasons restructures debt. We’ve got the full press release below but here’s a snippet: “The cloud over this project has lifted. Working closely together, our partners have created a great global solution to Four Seasons Seattle’s financial challenges,” Bruce McCaw… Read More

Unfinished Four Seasons Penthouse Sells For $7.2m

Unit 2000, a two story penthouse, at the Four Seasons sold last week for $7.2 million, the highest condo sale this year. The PSBJ also reports on the sale: The 5,256-square-foot unit sold earlier this week as an unfinished shell for approximately $1,368 a square foot. Finishing the interior could cost anywhere from $200 a… Read More

Re-Sales at the Four Seasons

A new re-sale, unit 1704, came on at the Four Seasons that caught my eye. It didn’t catch my eye because it looks good, though does it look good: But it caught my eye because it was purchased in January 2009 for $4,179,000 and is now on the market, just over a year later, for… Read More

Four Seasons Faces $34M in Liens

The Seattle Times does a great job digging into a lien situation at the Four Seasons, Posh Four Seasons project in downtown Seattle faces liens, lawsuits: More than a year after the $120 million Four Seasons Hotel and Private Residences opened to considerable fanfare, a dozen firms that designed and built the ultraluxury project say… Read More

Four Seasons Drops to $1,464/Sq. Ft.

The Four Seasons has adjusted prices from a starting point of $2,098/square feet to $1,464/square feet. Here’s their latest pricing sheet [pdf].

The 5 Most Expensive Condo Sales of 2009

I spent some time digging through public records to find the 5 most expensive condo sales of 2009. $11.3 million on 2/2/2009 – Four Seasons Unit #1602. Likely Bruce McCaw’s pad. This unit was just $90k short of setting’s Seattle’s most expensive condo sale (which is I believe, #1703 at the Four Seasons which was… Read More

Seattle Times Reports Four Seasons Cutting Prices

Seattle Times reports, High-profile Four Seasons condo project cuts prices: It’s been nearly six months since a sale closed at the Four Seasons, which opened late last year. Buchta said she couldn’t say how big the price reductions will be, or when they will take effect. The project’s 36 ultraluxury view condos, which fill 11… Read More

Four Seasons Sold 25 of 36

The Four Seasons sent our a press release with their latest sales figures: Four Seasons Hotel and Private Residences Seattle today announced it has sold 25 of its 36 luxury private residences and officially closed on 22 of those sales. The major project milestone is valued at more than $120 million dollars in closings to… Read More