Photo: Joe Mabel
Our long, regional real estate nightmare is finally over. Once offered for free* and also thought to be the home of a new Seattle school, the former Federal Reserve Building finally sold at auction in February for $16M to an unknown buyer. Now we know that the buyer was Martin Selig Real Estate. Weirdly, Selig told reporters that they were not the buyers back when the auction ended. No word on their plans or if they've actually become aware that they own the building now.
· Seattle's Old Federal Reserve Building Is Free, Who Wants It? [CS]
· Seattle Schools Turn Down Old Federal Reserve Building Deal [CS]
· Old Fed Building Finally Sells at Auction for $16M [CS]
· Martin Selig is the new owner of the former Federal Reserve Bank branch [PSBJ]