Seattle Condo Blog and Community Information

 

During a Cosmopolitan condo yearly board meeting the topic of setting a limit on the amount of owners who may rent out there unit at any giving time surfaced.  This was suggested so the building could stay within conforming loan guidelines and make the property more marketable.   Many times developers indicate they limit the amount of buyers who can purchase an unit for investment purposes.  This might only prevent the buyer from renting their unit for one year because of loan guidelines.  One thing to consider Continue Reading »

The owners on the West and South side of the Cosmopolitan condominium in the South Lake Union Area between Virginia and Eight St. are very upset about modified height limits for buildings built to the west and south of the building.  This issue is being highlighted tonight Monday, March 3 on a special report on Kiro 7 News at 6:00 pm .

Read more on this topic in the SeattlePI online

The construction of the condominium at 1918 eight right next to the cosmopolitan building can be viewed on a webcam installed.  This provides a good view of how a building actually is erected.