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May 13, 2011

These days, former condo towers switch to apartments

By MARC STILES
Journal Staff Reporter

Weber Thompson images courtesy of HAL [enlarge]
HAL Real Estate Investments just listed for sale a mid-block property on the west side of Fourth Avenue north of Lenora. HAL had gotten permits to build Cinema Tower on the site.

Converting apartments to condos was popular before the housing bubble burst. Now that trend is reversing as developers of some high-rises in downtown Seattle say former condo projects may become apartments.


 
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