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TwitterThe British property tabs are abuzz with whispers and reports that American movie star and notorious man-eater Kate Hudson bought a £4,000,000 in North London where she plans to settle down with Muse frontman Matt Bellamy and the child they're soon to bring into the world out of wedlock. Scandale!Anyhoo, details are pretty damn slim and at this point we're not even sure there's a shred of veracity to this particular bit real estate gossip but the story goes that the happy couple will move into the...
Monday, February 28, 2011
11:49 AM
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The Petworth Library reopened today at 4200 Kansas Avenue NW, a 1939 Revival-style building that had been gutted and renovated to accommodate the changing needs of the neighborhood. Designed by Franck & Lohsen Architects, the renovations cost $12.4 million and were built by GCS/Sigal, LLC.DC Public Library Chief Librarian Ginnie Cooper says improvement to the branch includes new web-based tutorials...
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AvalonBay, a Ballston based corporation that as been augmenting its apartment portfolio throughout the greater Washington DC area, is under contract to purchase and develop nearly a full block just off the H Street corridor. Jonathan B. Cox, Senior Vice President of Development of AvalonBay, confirms that 318 I Street, NE, is currently under contract with the plan of building 140 rental apartments,...
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SELLER: Bernie EcclestoneLOCATION: London, U.K.PRICE: £14,000,000SIZE: 4,175 square feet 3-4 bedrooms, 4.5 bathroomsYOUR MAMAS NOTES: Itty-bitty British billionaire Bernie Ecclestone may indeed be a controversial character with an Andy Warhol style hair-don't he's also a real estate baller. Once upon a time, in the not so distant real estate past, the bantam billionaire paid a panty-knotting and eye-popping...
6:03 AM
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More than 50% of supermarket purchases are "impulse buys". You may not have known that, but the supermarkets do. And they've built their stores accordingly. A fool and his grocery cart are soon filled to the brim. In this 6-minute video from NBC's The Today Show, you'll learn how supermarkets use everything from packaging to placement so that customers spend more of their money with each store visit. Among the supermarkets' tricks: Placing flowers and bakery at the front of the...
Sunday, February 27, 2011
9:32 AM
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By Franklin SchneiderLocated in up-and-coming Bloomingdale, this spacious Victorian is a genuine steal at just under $780K. The house has been completely renovated, and is now a gleaming masterwork of polished hardwood, stainless steel, and exposed brick. 'Spacious' is probably an overused word in real estate descriptions - I've seen it applied to properties where you could've opened the front door...
Friday, February 25, 2011
12:26 PM
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Old Town, Alexandria is preparing for an addition to the neighborhood: a 51,500 s.f. Harris Teeter, on the north end of Old Town, one block east of Washington Street. Buchanan Partners of Gaithersburg will team with The Pinkard Group LLC of Bethesda to develop the project, which will also include 175 rental apartments."Harris Teeter has been working on finding an Old Town location for years, said...
11:04 AM
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We all know that the housing market has had some challenges in the last couple of years. As the real estate market starts to even out, housing affordability is higher than recorded in over twenty years. This means middle income families can comfortably afford to purchase their own home. The National Association of Home Builder/Wells Fargo records a Housing Opportunity Index (HOI) every year. This...
10:56 AM
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We probably should just leave this alone but we just can't resist ourselves a wee bit of Courtney Love's special brand of I'm-a-rock-star-crazy, especially when it comes to her peripatetic real estate ways.In late 1997 Miss Love reportedly bought a house in Beverly Hills, CA for about $3,000,000 from the then recently out-of-the-closet comedienne Ellen Degeneres. In 2001, having already bought a condo...
9:47 AM
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Much has been promised of Georgia Avenue, without fulfillment. Some developers, like Chris Donatelli at the Petworth Metro, have made an impact, while miles of underutilized land changed little on one of Washington DC's major corridors. At last, investment on the avenue has arrived. Below is a summary of the improvement now underway. The Great Streets Project, a centerpiece of the revitalization...
8:20 AM
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In the late 80s, Columbus, OH-based billionaire businessman Leslie Wexner bought a palatial 21,000 square foot townhouse on the Upper East Side of New York City. In 1996 or '07 he sold the East 71st Street townhouse, complete with a secret lead-lined bathroom with closed-circuit television, to the lavish living prostie lovin' financier and philanthropist Jeffrey Epstein whose prurient affinity for...
6:01 AM
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Not all housing reports are sunny, it seems. In its monthly New Home Sales release, the U.S. Department of Commerce showed a 13 percent drop-off in annualized new construction sales between the months of December and January. It's the biggest one-month drop in New Home Sales since May 2010. In addition, the supply of new homes for sale spiked higher to 7.9 months last month. "Home supply" is...
Thursday, February 24, 2011
2:22 PM
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The last undeveloped corner in one of the most high-traffic areas of Washington has just been acquired by McCaffery Interests Inc. and Douglas Development, at 675 H Street N.W., encompassing the iconic corner building, long since boarded up, and the vacant lot behind it."This is the best intersection in metro D.C." said Juan Cameron, Managing Director of McCaffery, comparing it to Georgetown's Wisconsin...
8:28 AM
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OWNER: Saif al-Islam GaddafiLOCATION: London, U.K.PRICE: £9,750/weekSIZE: 7,757 square feet, 7-8 bedrooms, 8 full and 2 half bathroomsYOUR MAMAS NOTES: Anyone who's even remotely conscious ought to know by now that things are really gettin' down and goin' plum nutty in northern Africa and the Middle East. An angry but peaceful grass roots revolution have already sent Egypt's long-time president Hosni...
6:00 AM
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Home resales rose another 2.7 percent last month, according to the National Association of REALTORS® monthly Existing Home Sales report. An "existing home" is a home that's been previously occupied and is not considered new construction. The number of existing homes sold on a rolling 12-month basis is now at its highest point since May 2010, the month before the federal homebuyer tax credit ended....
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