Semi-monthly news and updates about the homes, people, businesses and communities that are featured in Lake Washington 130 Homes. This covers the Lake Washington waterfront in Seattle’s Madison Park, Denny-Blaine and Madrona neighborhoods, Mercer Island, and The Eastside communities of Bellevue, Medina, Hunts Point and Yarrow Point.
(The above home belongs to Charles Simonyi. See 5/31/11 post.)

Tuesday, July 24, 2012

Obama at Sinegal Hunts Point Mansion

President Obama is attending two fundraisers today at the Hunts Point mansion of James D. and Janet Sinegal. More information, including a video, is in yesterday’s and today’s KING-5 news. James is the co-founder, with Jeffrey Brotman, of Costco and former President, CEO of the company. Two previous Obama fundraisers were held at Brotman’s Medina LW waterfront mansion (click for more information). James started his retail career in 1954 as a bagger for FedMart. He worked with Sol and Robert Price in San Diego to form Price Club in 1976. In 1993 Costco and Price Club were similar in size with about $8 billion each in annual sales and the two companies merged. In 1994 and Price Club stores became Costcos. The Sinegals are next door neighbors to a Nordstrom family mansion and Scott Oki’s mansion. Oki is the area’s golf mogul. More neighborhood information is on a LW Cruising post. The Sinegals’ mansion is 8,370 sq ft on 1.56 acres with 165 feet of waterfront. (The page numbers in the photos refer to LW 130 Homes.)
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17 comments:

  1. AnonymousJuly 24, 2012 at 3:22 PM

    I liked Costco - but this left leaning is making me wonder. Of course they didn't build it anyway so it must mean nothing.

    ReplyDelete
  2. AnonymousSeptember 5, 2012 at 4:40 PM

    Costco IS an amazing company...Mr Sinegal would be the first one to tell you he didn't do it alone! I am humbled to have met and worked for him.
    I wish people would stop taking that quote out of context.

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