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Tuesday, September 30, 2008

Money Seen Outside the Washington Mutual Tower

Posted by on Tue, Sep 30, 2008 at 12:34 PM

This morning, Slog tipper Stuart wrote:

Brendan,



Did you see the sign in front of the Wamu building? It must be a joke (not PDL, I already checked): it's one of those change of use signs that states the WaMu building is being converted to condos.

It was gone by the time I got there, but the trip was worth it for this sign:

Snapshot%202008-09-30%2012-31-32.jpg

 

Comments (6) RSS

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1
Y'all really need to read your own blog: http://slog.thestranger.com/2008/09/mamu_condo_conversion
Posted by Levislade on September 30, 2008 at 1:07 PM
2
We're too busy writing it!
Posted by Brendan Kiley on September 30, 2008 at 1:21 PM
3
The condo conversion sign was on the WaMu Center. This picture is of the WaMu Tower.
Posted by joykiller on September 30, 2008 at 1:51 PM
4
Well, I'm just an idiot all around. Apologies to everyone. And to God.
Posted by Brendan Kiley on September 30, 2008 at 2:04 PM
5
She forgives you, Brendan.
Posted by Will in Seattle on September 30, 2008 at 7:59 PM
6
WaMu Tower = Built in 1988, not by WaMu. Not owned by WaMu. 4 floors or so of WaMu employees (they used to have more) - they have naming rights to building as long as they keep that many people there, houses mostly law firms (Davis Wright Tremaine, Perkins Coie are the big ones) and financial companies (Wachovia has a floor). The $29 corporate wellness sign is for "Core Fitness" (the tiny gym in the building) and it's been there a while. Wamu Center = adjacent to SAM, owned by WaMu, 50+ floors of WaMu employees (for now). Well, except now it's owned by Chase, who will be sitting on a $500 million asset when the market recovers. Makes their $2 billion purchase price pretty cheap if you consider things like this.
Posted by jcricket on September 30, 2008 at 8:58 PM

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