Today in Metaphors, Iconic Seattle Tower’s Foreclosure Auction Set for Spring

Today in Metaphors, Iconic Seattle Tower’s Foreclosure Auction Set for Spring

It’s not an auction, really, for just anyone to participate in. Previous owners Walton Street Capital, based in Chicago, had bubble-burst dreams of increasing square-footage revenue by converting the tower’s small office spaces into condos, but after shepherding the existing tenants out the door, they watched the luxury condo market slump catastrophically. They owed over $40 million, and couldn’t meet operating expenses with a vacancy rate around 70 percent. Continue reading Today in Metaphors, Iconic Seattle Tower’s Foreclosure Auction Set for Spring

The Compostman Always Rings Twice

The Compostman Always Rings Twice

Those projections, in part, explain why this September all Seattle apartment and condo dwellers will be required to compost food scraps as well. If your apartment or condo has any kind of landscaping, there is probably already a yard waste cart. But if you don’t see a food waste cart, you might want to put a bug in your landlord’s ear to visit this page to sign up. The deadline for the ordinance is September 2011. After that, you’re a non-composting outlaw. Continue reading The Compostman Always Rings Twice