Tag

Indeed

1 stories

Seattle's office towers sit a third empty, and rents won't budge (seattletimes.com)

Amazon's retreat to Bellevue and the Eastside hollowed out downtown blocks it once filled, and the Seattle Times frames it as a city in decline.

In the thread, a real-estate investor and a former Indeed insider split on the cause: hostile city government, or the mortgage covenants that keep rents frozen and floors dark.

Converting the towers to housing sounds obvious. Zoning and the loan math both say otherwise.