Kaye Apartments · Seattle · Unit 519 vs Relocation

Lease economics favor leverage, not urgency.

This view compares staying in Unit 519 against a transfer to Unit 705 starting in May 2026. The core question is whether “same rent” is actually a concession once the approved credit, market promos, vacancy pressure, and added lease lock-in are priced in.

Decision Frame

Best-value baseline: stay unless a transfer comes with shorter term or deeper economic giveback.

Staying preserves the February 2027 end date and uses the approved $3,071 displacement credit to push the remaining effective cost below the transfer offer. A reset lease at $2,850 only looks neutral on headline rent; economically it adds commitment and raises total spend.

Stay effective: $2,542.90/mo 705 offer: $2,850/mo Extra lock-in: +2 to +4 months
Scenario Comparison

Headline rent is flat, but economics are not.

These cards compare the remaining stay option against transfer leases beginning in May 2026. “Effective rent” on the stay scenario spreads the approved credit across the ten remaining months.

Vacancy Chart

Inventory pressure is real, not theoretical.

Reported availability stays elevated across the tower, with upper floors carrying especially high counts. That undermines any scarcity argument and supports a stronger ask on price, concessions, or term.

Chart.js could not load in this preview, so the interactive vacancy chart is unavailable here.
Effective Rent Timeline

The transfer premium compounds over time.

The stay option ends sooner and carries a lower effective cost. The transfer only catches up if management adds meaningful concessions, because the approved credit already lowers the stay baseline.

Chart.js could not load in this preview, so the interactive timeline chart is unavailable here.
Unit Comparison Table

Cross-floor comps show where the leverage sits.

All listed 1-bed layouts across floors 5, 7, and 8 are shown below. The “your price” column uses the offered $2,850 transfer number as a negotiation anchor on every comparable.

#705 offered #710 liked #805 recommended
Sorted by floor
Negotiation Leverage Summary

What the numbers support asking for.

    Lease Notes

    The key math behind the stay baseline.

    Current lease term runs from October 2025 through February 2027. The eight free weeks were already consumed in November and December 2025, so going forward the headline payment is the full $2,850.
    Across the full 17-month lease, the original effective rate was $2,514.71. After applying the approved $3,071 credit, the full-term effective rate falls to $2,334.06.
    On the remaining ten months only, that same credit lowers the effective cost to $2,542.90 per month, which is the right benchmark for comparing a May 2026 transfer decision.
    Security deposit on the current lease is $750. It is listed here for context but not rolled into the scenario cards because no replacement deposit terms were provided for the transfer offer.

    Vacancy total is presented as provided in the source notes. The “216 available vs 131 units” mismatch likely reflects a listing or floor-plan reporting artifact rather than literal building count.