Real estate
fromwww.housingwire.com
11 hours agoThe housing market is fragmenting as local trends diverge
The housing market shows stability, but regional performance is diverging, affecting deal closures amid rising mortgage rates.
A pair of bills would have required local zoning codes to allow multifamily and mixed-use residential development by right across broad swaths of commercially zoned land. Supporters said the approach could convert underused strip malls, parking lots and office corridors into thousands of apartments without case-by-case rezonings.
The sale agreement gives GW the option to maintain programs at VSTC for up to five years "while we plan thoughtfully and deliberately for the future," Granberg wrote in her message to the community. She described the move as part of a "broader strategy to strengthen GW's long-term financial health and to invest more deeply in our academic mission and community."
Sunnyside Yard has all the ingredients that Trump could wish for. The project involves building a massive platform over the sunken tracks, which will require substantial federal funding. Amtrak owns much of the railyard, and the government effectively owns Amtrak, which means the president can largely set the terms.
This recently-renovated condo offers a rare, grassy view of Meridian Park and is one of only eight units in the building. Complete with two beds, two baths, in-unit laundry, a single-car garage, and a private deck in the main bedroom. Amenities include stainless steel appliances, hardwood floors throughout the home, a gas fireplace, and several large, double-paned windows that allow natural light into the space.
After 55 days of construction, which involved enough gravel to cover four football fields and enough fuel to power a dozen homes for a whole year, the pipe is once again funneling sewage from Fairfax and Loudoun Counties to the Blue Plains Advanced Water Treatment Plant in Southwest DC.
According to AAA, the average regular gas price as of March 16 is $3.72 per gallon-up $0.24 from a week ago, and nearly $0.79 from this time last year. CNN reports that the 26.9 percent gain in US gas prices over the past month is the largest monthly increase since Hurricane Katrina.
Never heard of "the Bridge District"? The newly christened neighborhood is a development in Anacostia near the eastern foot of the Frederick Douglass Bridge, and this new taproom from Atlas Brew Works, where you can sip microbrews and snack on pizza and wings, is among its first occupants. The facility also doubles brewing capacity for the DC-born producer, which makes craft beers such as Ponzi IPA and Bullpen Pilsner.
The president announced on Truth Social that the recently renamed center will close on July 4 for two full years of renovations. No better way to celebrate 250 years as a nation than by shutting down our center for the performing arts! Most high schools, given the opportunity to shut down their performing-arts departments, don't view it as an exciting, patriotic celebration, and prefer to have a bake sale.
Approximately 243 million gallons of wastewater has overflowed from the pipe that collapsed on January 19 in Montgomery County, Md., according to a release from DC Water. That translates into 368 Olympic-sized swimming pools worth of sewage. The brunt of this surge happened in the first five days, before interim bypass pumping was activated a system that reroutes sewage around the damaged section.
Playwright Rachel Bonds's new production narrates a woman's journey through school, romance, and the complexities of modern adulthood (Wed through April 19, $55+, Logan Circle).
Both recently renovated units that make up this Shaw townhome are currently available. The main and top floors make up Unit 2 and include three bedrooms and three and a half bathrooms (including en suite bathrooms for each room), walk-in closets, and one parking space. Unit 1 is an English basement-style unit-with above-grade entry-featuring one bedroom and one bathroom, and a back terrace.
Once a nice-to-have niche urban design concept, TOD has become an essential part of many urban neighborhoods. It has helped address the shortage of housing by enabling the development of higher-density residential communities near transit stations. It has helped revitalize countless once-deteriorating or static urban enclaves near transit hubs by activating sidewalks near the developments. And it has spurred walking and transit use, enabling residents of TODs to reduce or eliminate automobile dependency.
In 1840, when Francis Preston Blair and his daughter came across a "mica-flecked" spring near present-day Georgia Avenue, he fell in love with the land and built a summer home there-calling it "Silver Spring" after the minerals he spied in the water. The area boomed as a major retail center after World War II, suffered through a period of decline in the '80s when prominent businesses including Hecht's department store relocated, and enjoyed a rebirth in the aughts after construction of a downtown mall, now called Ellsworth Place.
Fully renovated in 2021, this rowhome features exposed brick and custom window treatments throughout, plus three outdoor spaces. The open-concept living room includes a gas fireplace, a large bay window for natural lighting, and wide-plank hardwood floors. The dining space includes a wet bar and wine fridge. Bedrooms include a king-sized primary bedroom, a second bedroom with a private balcony leading to a roof deck, and a basement bedroom with a full bath for guests.
The 30,000-square-foot property has housed numerous notable individuals over the centuries, including Albert Clemens, the nephew of author Mark Twain, and architect Edmund Dreyfuss, who eventually passed the home down to his son, sculptor John Dreyfuss. Philanthropist Dr. Sachiko Kunō bought the mansion for $11 million in 2011 to serve as the headquarters for Halcyon, a nonprofit organization that helps to fund early-stage businesses across climate, health, and equity technology.
Built in the late 1700s and dubbed the "Halcyon House," the Georgetown property at 3400 Prospect St., NW, has just become the most expensive residential real estate sale in DC's history, according to Compass. The buyer is Joshua Harris, the owner of the Washington Commanders, and his wife, Marjorie, according to the Wall Street Journal. The news comes after the Commanders recently unveiled the design for their new stadium.