Development Group Pays Massive Sisley Fines ($3.5M)
Update: got it wrong from initial news accounts. The development group - RDG - are the ones who paid the fines for the Sisleys in order to move on with developing the area. The City had apparently put so many liens on Sisley properties that RDG knew they were unlikely to move on with their development plans.
It's unclear what the City will do with the money.
End of update.
Finally.
I note that the City Attorney's office told me that the buildings in front of Roosevelt High will be coming down by the "end of the month."
1) I see nothing happening on this front so it may be the world's fastest teardown if they are keeping true to their statement.
2) The permitting I have seen is only for the buildings that face NE 65th, not the buildings that face RHS on NE 66th.
It's unclear what the City will do with the money.
End of update.
Finally.
I note that the City Attorney's office told me that the buildings in front of Roosevelt High will be coming down by the "end of the month."
1) I see nothing happening on this front so it may be the world's fastest teardown if they are keeping true to their statement.
2) The permitting I have seen is only for the buildings that face NE 65th, not the buildings that face RHS on NE 66th.
Comments
From another thread:
http://www.bizjournals.com/seattle/blog/2015/08/relief-for-roosevelt-developer-pays-off-sisleys-3.html
-fyi
-StepJ
-StepJ
HP