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TwitterHalle Berry puts a $15,000,000 price tag on her walled and gated Los Angeles residence. It was here, the the driveway where Miz Berry's ex-husband and current beau threw it down macho man style the other day.::::::::1980s New Wave British rocker chick Siobahn Fahey—co-founding member of both Bananarama and Shakespears Sister and the former wife of Eurythmics co-founder Dave Stewart—dropped nearly two million smackers on a house in the Hollywood Hills so she can spend more time with her two L.A....
Friday, November 30, 2012
12:11 PM
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Old Post Office buildingFrom the top, 315 feet above the street, a visitor is greeted with sweeping 360 degree view of the city. The Capitol Building dome rises in the near distance, airplanes appear to graze the Potomac, and the city's radial streets fan out in all directions. In the far distance, the Washington Cathedral and the Pentagon anchor opposite skylines. The Old Post Office Building...
9:13 AM
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SELLER: Billie Joe ArmstrongLOCATION: Newport Beach, CAPRICE: $1,895,000SIZE: unknown square footage, 3 bedrooms, 3.5 bathroomsYOUR MAMAS NOTES: On the heels of Green Day frontman Billie Joe Armstrong's profanity-laced tirade on stage in September at the iHeartRadio music festival in Las Vegas—an unwise jeremiad that led to him entering a rehab treatment facility for unspecified substance abuse—he...
6:20 AM
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Homes were sold at a furious pace last month. According the National Association of REALTORS® (NAR), the Pending Home Sales Index rose 5.2 percent in October, crossing the benchmark 100 reading, and moving to 104.8. It's a 5-point improvement from September's revised figure and the highest reading April 2010 -- the last month of that year's federal home buyer tax credit. October also marks the...
6:19 AM
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Giorgio Furioso plans to begin construction on his 14th Street office project on December 10th, the developer announced this morning. The 42,000 s.f. office building will take the place of the empty lot at 1525 14th Street, NW, wrapped around the adjacent building Furioso already owns that holds Posto. The Logan Circle-based Furioso Development has worked for years on the development,...
4:30 AM
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Archstone sale leaves CityCenter DC in limbo (Washington Business Journal) AvalonBay and Equity Residential picked up the pieces from Archstone, but neither has seemed to claim its share of the downtown DC project.A look at the Trumps' new Old Post Office (Washington Post) New renderings of the DC landmark show a preservation-oriented approach to repurposing the building into a hotel.New FHA rules may prompt more condos than apartments (New York Times) Recently enacted FHA rules allow government-backed...
Thursday, November 29, 2012
2:38 PM
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SELLER: Katherine Heigl and Josh KelleyLOCATION: Los Angeles, CAPRICE:$2,659,000SIZE: 3,690 square feet, 4 bedrooms, 3.5 bathroomsYOUR MAMAS NOTES: Usually when a listing surfaces on the open market that announces that it's owned by an unnamed celebrity we usually find out the celebrity sits pretty far down Tinseltown's totem pole of fame. That, howevuh, ain't the case with a recently renovated 1920s...
12:28 PM
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NoMa may be rapidly becoming a gleaming playground for the city’s young professionals, but some of its lower-income neighbors are about to get an upgrade, too. Tyler House, a 284-unit subsidized apartment building located at the southwest intersection of New York Avenue and North Capitol Street, will soon be undergoing a $25 million top-to-bottom renovation. “You know the term God’s rehab?” asked...
6:46 AM
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Sales of newly-built homes took a small step lower in October, but remain strong. According to the Commerce Department, New Home Sales slipped 1,000 units last month, falling to 368,000 units on a seasonally-adjusted, annualized basis. The final reading fell short of Wall Street expectations, and the government revised downward its initial findings from August and September by 2,000 units and...
4:30 AM
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JBG targets empty grocery for Rockville mixed-use project (Citybizlist) JBG intends to replace the empty Giant grocery store as a complement to Rockville Town Center next door.Rents to keep rising (National Association of Realtors) After posting gains of 4.1% this year, rents are expected to go up even more next near, with the NAR predicting 4.6%.DC tries to lease upper Georgia Ave building, site of failed condo project (Washington Business Journal) A decrepit building at 6428 Georgia...
Wednesday, November 28, 2012
10:24 AM
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10 Questions is a weekly feature in which we interview some of the leading District figures in real estate, architecture, development, and planning. This week's subject ... Deborah Ratner Salzberg, President of Forest City Washington, Inc.For Deborah Ratner Salzberg, real estate runs in the family. As President of Forest City Washington, Inc., Salzberg oversees the local branch of billion-dollar...
7:52 AM
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Feature Property of the WeekCome home and enjoy this community of newly constructed homes which are conveniently located in Tampa Bay. This community provides the perfect blend of amenities such as resort style pools, playgrounds, and wetland preserves and is conveniently located only 10 miles from the downtown Tampa business district. If you are looking for a luxurious home with space to grow and...
6:48 AM
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One of the few true industrial buildings in DC, the Wonder Bread building in Shaw has long captured would-be architects' and developers' interest. After the attractive but decrepit building sat vacant for years, Douglas Development put the structure through a nomination to be included in the D.C. Inventory of Historic Sites in August of last year.With that out of the way, work began...
6:19 AM
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The housing market continues to expand. According to the S&P/Case-Shiller Index, which was released earlier this week, U.S. home prices rose in September for the sixth straight month, climbing 0.3% as compared to the month prior. On an annual basis, values are higher by 3.0%. The Case-Shiller Index findings are a composite reading of 20 U.S cities, 17 of which showed home price gains in September....
4:30 AM
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Developers gobbling up Rhode Island Ave. (Washington Post) With less developable land available downtown, some traditional developers are eyeing - and buying - land near the Rhode Island Avenue metro stop, and farther out.6 questions for defenders of DC's height limits (Atlantic Cities) Limiting downtown construction has had the effect of making DC one of the most expensive places to live and rent office space in the country, so why does it persist?A few reasons the commercial real estate...
4:05 AM
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NoMa's newest apartments open Thursday as developers and city officials gather for a photo op to inaugurate one of Washington DC's largest apartment buildings. "Trilogy" - 3 buildings designed by the Preston Partnership and formerly known as NoMa West - will add 603 rental units to the border between NoMa and Eckington at 151 Q Street, NE.The first of the three buildings - Cirq, Linq, and...
Tuesday, November 27, 2012
11:29 AM
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Today, the District government released a Request for Expressions of Interest (RFEI) in a bid to get development going at St. Elizabeths. The Phase I development puts 4 parcels, totaling almost 7 acres, up for development bidding. The proposal is the first of what will be a long, multi-phased development by the DC government for the East Campus of St. Elizabeths, following on the heels...
11:14 AM
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SELLER: PharrellLOCATION: Miami, FLPRICE: $16,800,000SIZE: 9,080 square feet, 5 bedrooms, 6.5 bathroomsYOUR MAMAS NOTES: A little canary down in South Beach flew by the other day and let Your Mama know that uni-named Grammy-winning songwriter/producer/rapper, art collector, entrepreneur and sartorial daredevil Pharrell has hoisted his titanic tri-level penthouse condo in Miami, FL on the market with...
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