Seattle Condo Blog and Community Information

Mosler lofts is the latest new construction condo building to be hit by a lawsuit in the Seattle area.  There was an excellent story in the Seattle PI concerning details of the issues.  Many wonder what will happen to the new owners who purchased recently in the building.   Will they be able to refinance?  Will they have to pay a huge assessment?  In my experience during time of lawsuits prices of the condos decrease until it is finally settled

Mosler Lofts also has been hit with a separate lawsuit from Kroll Map Co., whose is located adjacent to Mosler lofts. The lawsuit indicates the builder did not do promised work on Kroll’s Map building.  It also failed to properly protect the building from construction related impacts.

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