Buyer of old Federal Reserve Bank building in downtown Seattle still a mystery

Publicly, it’s still unknown who bought the old Federal Reserve Bank branch in the heart of downtown Seattle, but the names of some local real estate developers can be crossed off the list of suspects.

Seven years ago, Sabey Corp. entered into a deal to buy the former branch at 1011 Second Ave., for $19.75 million, according to information that was obtained in 2011 through a Freedom of Information Act request. On Monday, a Sabey spokesperson said the company did not bid this time around.

Also on…