Saturday, October 27, 2007

Buying Silence

The Hospital just bought a third home adjacent to its property. A Hospital official recently described these ongoing home purchases as "a super mitigation strategy" in the Puget Sound Business Journal.

Instead of acting in the spirit of the law (SMC 23.69.032) and working to ensure "livability and vitality of adjacent neighborhoods," the hospital is simply eliminating its neighbors.

You can keep an eye on the Hospital's ongoing purchases using the King County Assessor's eSales database. Note: For recent sales, the purchaser is only found on the Recorder's Office pdf tax records.

Location
Sold Date
Price
4XXX NE 45th St
6/12/2007 $858,375
4XXX 44th Ave 9/28/2007 $960,000
4XXX NE 45th St
10/10/2007 $960,000