Prices reduced at Seattle's fastest-selling downtown condo to hasten Arbor Place sell-out.SEATTLE--(BUSINESS WIRE)--April 5, 1995--Intrawest announced plans today to maintain brisk Brisk as a proper name may refer to:
Garden shelter providing privacy and partial protection from the weather, most commonly a lightweight, latticed framework (trellis) of wood or metal with interlaced branches of vines or climbing shrubs trained over it. Place condominium condominium In modern property law, individual ownership of one dwelling unit within a multidwelling building. Unit owners have undivided ownership interest in the land and those portions of the building shared in common. tower. More than 100 suites have been sold in the past seven months at the downtown highrise at Second and Vine. Discounts up to $20,000 are being offered depending upon suite size and location within the building. Price reductions are immediate and will be in effect until April 30th, although buyers will not be required to occupy their homes by that date. Prices for the remaining 25 one-bedroom homes range from $98,700 to $178,400. The remaining 30 two-bedrooms range in price from $125,900 to $244,900. Arbor Place originally opened as luxury apartments in March 1989 in downtown Seattle's burgeoning Belltown Belltown may refer to:
Intrawest President Mike Miller said the price reduction strategy at Arbor Place is consistent with company policy. "As with the fast sell-out Sell-Out When a broker or investor buying stocks has failed to settle the trade in a timely manner and, as a result, the broker can forcibly sell the securities on the investor's behalf. of the Newmark last year, we prefer to sell out homes at below market prices over a short period," he said, "rather than hope to achieve higher prices in the future." The Newmark converted from apartments to condominiums last year and sold quickly. Intrawest has been creating residential communities and mixed-use commercial developments in the Pacific Northwest since 1987. More than $100 million of real estate projects are currently under way in the Puget Sound Puget Sound (py  `jĕt), arm of the Pacific Ocean, NW Wash., connected with the Pacific by Juan de Fuca Strait, entered through the Admiralty Inlet and extending in two arms c. area. -0- Note: Photos are available by contacting Anne Foster or Cathy Faust at The Feary Group, 206/343-1543. CONTACT: Intrawest Mike Miller, 206/625-9226 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion