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Tuesday, March 09, 1982

03.09.2007 - Friday Open Thread

This is your open thread for Friday, March 9, 2007. You may post random links and off-topic discussions here.

Be sure to also check out the forums, and get your word in the user-driven discussions there!

13 comments:

Grivetti said...

I call this more of the Nickel's Cond-orgasm...

Condos for a new kind of pioneer

For some reason, if we just continue to drop 500K+ condo towers all over the seedy parts of the town, instant gentrification! Wow! For some reason, I thought the measure of a city's glamour was somehow measured by its economic strength... but apparently, you don't need any of that. Just build a bunch of overpriced condo towers and *bam*, drug dealers instantly morph into mid-40's couples walking toy-dogs in matching jogging suits.

Its like magic!

EconE said...

I for one hope that they keep on building.

Just like Rome did.

WTF said...

"For just one?"

That's a great line.

It's amazing how many condos are in the works - seemingly without any regard for fundamentals or the environment they are building in.

This thing can't fall apart fast enough - the more this drags on, the worse off people will be when it finally unravels...

matthew said...

Did anyone tell the bums and dope dealers that Belltown was gentrified? Because as I dodged street vomit and discarded bottles of Mickey's Ice on my walk into work, it seemed that they didn't get the memo.

EconE said...

I wonder if the "gentrification memo" was passed out in Rainier Beach/Valley...seeing that they are trying to get over $600/sf for a dilapidated waterfront apartment turned condo.

oh...wait...they have granite counters and stainless steel appliances...my bad.

BTW...

does anybody here know how I can pull up the sales history of the Cosmopolitan Condos on Virginia?

I can't seem to get the correct address entered into Domania.

WTF said...

The address is 819 Virginia St, SEATTLE, WA - but I can't see any history on Redfin - just two units listed for sale.

EconE said...

wtf...yeah...I have seen the ones listed on the MLS and have tried to do a domania check for the 819 Virgina address using both the city and the zipcode options.

Maybe people haven't "closed" yet and they are due to show up.

The FSBO and rentals on CL have just started to take off this last week. Some of the rentals also have lease options available. One FSBO actually has a 10 day timeline for closing and all kinds of other stipulations that in his mind are of the "you better take advantage of this excellent deal under my terms now or else"...but to me...it sounds more like a desperate seller.

Scott said...

Just saw this over at Urban Living Seattle:

JUST SOLD

Urban Flat in downtown

$ 418,000 Huge lofty flat in Pioneer Square with high ceilings, flexible living space, 1 bed + den, 2 parking spaces and lots of storage. Includes A/C & all appliances.

$418k in Pioneer freaking Square!? I notice the blurb doesn't mention vagrants sleeping in doorways.

EconE said...

As soon as I posted that I used Urban Living Seattle as my "reference" on a blog (can't remember which one)...I have ceased getting the "daily update emails"...and I didn't cancel it myself.

go figure.

They can run...but they can't hide.

Scott said...

Hey matthew,

Check out this quote from Seattle Condo Review dated Feb 21: "Every now and then, clients will ask if I can find a condo in the heart of Belltown that is also quiet and safe. One would think that might be hard since you are after all picking an urban neighborhood; however, there are exceptions. "

I just had to chuckle...

EconE said...

Scott...

I had to chuckle also at that article...but for a different reason.

I was living in Seattle when Seattle Heights was built. If I remember correctly...the "water issue" wasn't just a few years but more than a decade ago.

She also failed to mention how serious and expensive the problem was.

Here is an excerpt from the Seattle times from Sept 1996 that describes the "carnage"

http://alcor.concordia.ca/~raojw/crd/reference/reference001153.html

EconE said...

sorry...let me tinyurl that article for you.

http://tinyurl.com/2tv29f

matthew said...

I always laugh at the people that move to Belltown and complain about the noise and homeless. You moved into the city, what did you expect? They should have bought a condo in downtown Bellevue!