Guest Post: When homeowners won't move
By Marlowe, Wednesday, October 3, 2007.Bookmarking Sites
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A new five-story project is being built in the Ballard neighborhood of Seattle, which includes a grocery store, fitness club and parking garage, yet 86-year-old Edith Macefield has turned down an offer of $1 million for her 100-year old home, assessed on the tax records as worth only $128,000.
Like many cities in the West, Seattle and its inhabitants are reeling from changes that come from new buildings and redevelopment of formerly modest neighborhoods.
"I don't want to move. I don't need the money. Money doesn't mean anything," Macefield said last week.
--Marlow Harris, 360Digest
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Submitted by Anonymous on October 3, 2007 - 11:16am.
I am glad to hear that the recent changes to the eminent domain rule have not negatively impacted this lady. There seems to be a few cases that have been in the media recently.