Slog News & Arts

Line Out

Music & Nightlife

« A Fatal Goth Bashing | Emo Hunts »

Thursday, March 27, 2008

Bad Economy Is Good For Business

posted by on March 27 at 12:35 PM


90th and Roosevelt Way

Our sad, sagging economy may have actually helped one local business. For the last year, Math ‘n’ Stuff has been looking for a new home. The small white storefront on Roosevelt Way they’ve occupied for the last 12 years was scheduled to be bulldozed and redeveloped as an office-retail-apartment property.

While the building’s owner applied for construction permits and selected building designs, Math ‘n’ Stuff pleaded with the neighborhood—via the store’s reader board—to help them find a new location. They weren’t having much luck.


But neither were the building’s owners, who were struggling to get a loan, due to the failing economy.

“When I started the process, all the banks were very friendly,” says Ruth Williams, whose family has owned the property for 12 years.”By the time we got our permit, they weren’t so friendly. With the economy being what it is, we don’t have the confidence we could proceed.”

Because Williams wasn’t able to secure the funding for the her new development, she says she’s decided to sell it to her tenant for $900,000. “It takes a load off of our mind to sell,” she says, “a huge load off of their mind [too]. We wanted [their] business to live.”

RSS icon Comments


That's great news! Math "N Stuff is a terrific store, one of Seattle's unsung jewels. Thanks Jonah.

Posted by ivan | March 27, 2008 1:03 PM

"we wanted their business to live... because we could not profit off it's death"

Posted by bubba | March 27, 2008 1:14 PM

What bubba@2 said.
Oh-so touchyfeely sentimental, when all else has failed.

Posted by Karlheinz Arschbomber | March 27, 2008 1:34 PM

well, this did get me thinking about something. it is lame when successful business are forced out (or a building) because of speculation (easy loans) for greater profitability.

Posted by infrequent | March 27, 2008 1:47 PM

Why isn't anyone lamenting the loss of the new teriyaki restaurant, Quizno's, nail salon, or Fedex/Kinko's that could have gone into the new building???

Posted by Brian | March 27, 2008 2:00 PM

Cool. My kids love Math & Stuff. They will be glad to see it stay.

Posted by Michael's Mom | March 27, 2008 2:20 PM

That store rules. They have board games and puzzles you can't find anywhere else. SET! FTW.

Posted by Greg | March 27, 2008 2:27 PM

Strangely, it's also the only place I could find a copy of Flatland.

Posted by Gitai | March 27, 2008 2:37 PM

The same thing has happened with B&O. I talked with the owner on Tuesday and he said the owner of the building has put his redevelopement plans on hold, because of the economey.

Posted by kyle [TCBITR] | March 27, 2008 2:39 PM

kudos to them! I love that store! I bought the best book on math "tricks" and now I can do math quickly in my head. i wish they'd teach those things in school!

Posted by fs | March 27, 2008 4:21 PM

Comments Closed

In order to combat spam, we are no longer accepting comments on this post (or any post more than 14 days old).