SEATTLE - Dozens of residents from the Theodora – where low income and disabled seniors live -- marched Thursday night in protest against Goodman Real Estate.
The company is planning to buy the building, which currently has 112 units--and just 30 of them are filled.
The building owner, Volunteers of America, sent out a letter last summer they were putting the building up for sale.
Goodman Real Estate is the buyer – they plan to gut the building and renovate it from the inside, but they won’t tear the building down.
“I’m a diabetic. I’m handicapped and disabled. I’m a veteran. And I’m scared,” said Harold Echtinaw, a current resident.
At a Department of Planning and Development meeting, residents and activists acknowledged Theodora is in poor condition.
But they protested what they called the loss of affordable housing in Seattle.
A representative for Goodman told me they will not talk on camera because they are being sued over the housing deal.
But she said the company and the city is offering each resident $9,000 in total to move. She also said the company has hired a redevelopment specialist to help each person find new housing.