Artists and hippies rejoice. The capitalist pigs are repelled. Capitol Hill’s recent and future condo buyers are going through some interesting times.

• Seattlest has word that the company behind the “Live Historic” projects is struggling financially and could be facing bankruptcy. Pioneer Property owns the De Lorges project at 325 Harvard E. and First Hill’s Marlborough (which Pioneer had recently decided to convert *back* to apartments). In e-mail, urbnlivn’s Matt Goyer wrote that the impact of financial struggles at Pioneer depends on how many units they’ve sold in the De Lorges project. “If they hadn’t really sold anything it won’t matter much except when the properties go to auction and drag down prices. Crazy times!”
  
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• The whole Press condo auction appears to have been more about marketing in the new lean era than anything specific to Capitol Hill but it seems to be a sign of things to come here and everywhere.
• It’s enough to make condo types turn to drink. Matt recently posted that the team behind Belltown’s Spur will operate the bar space in the Trace Lofts building at 12th and Madison. Please tell me somebody will be wise enough to drop the Gun Club thing.

Looking forward to starting an agrarian collective in Pike/Pine. Ping me if interested.