August 2010

Found 3 blog entries for August 2010.

It is a great time to be in the market for a new construction luxury condo in Washington DC as there is a plentiful inventory of units and developers interested in making win-win deals.  DC's West End is currently the neighborhood of choice for many luxury buyers with multiple upscale new construction options.  Our new construction luxury picks in the West End include both 22 West and 2501 Penn.

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22 West is a nine-story, 95 unit development that was completed in 2008 by Anthony Lanier and the team at Eastbanc.  Lanier's other recent residential project, 3303 Water in Georgetown is another outstanding luxury building.  22 West features high ceilings, lots of glass and top shelf finishes along with an amenity rich experience.  Marketed with the tagline,

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The West End Tops DC Luxury Market

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The most expensive condo to sell in the District during July 2010 was in the West End at 2501 Penn, located at 2501 Pennsylvania Avenue, NW #PH1A, Washington, DC.  This new construction penthouse purchase was for the condo shell, not a complete build-out and includes a historic cupola room and 1,200 SF outdoor terrace.  The unit features 2 BR / 2.5 BA and is 2,705 SF.   The selling price was $2.3M / $850 SF (shell only).

Congratulations to selling Realtor Michael Rankin of TTR Sothebys International Realty for closing the most expensive condo sale in the District in July 2010.

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Honorable mention for the 2nd most expensive DC condo sold in July 2010 was in the West End at 22 West, located at 1177 22nd Street, NW

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Kathleen Parker's column, Leaving Olive Street but Keeping the Memories, in yesterday's Washington Post highlighted the human side of this beautiful East Village street.  It was fun to learn that Mary Jo Kopechne and Julia Child had lived on Olive Street and that the street appeared on the screen in both "Burn After Reading" and "Wedding Crashers."

Stretching just three blocks from 27th Street to 30th Street, this bucolic piece of Georgetown has much to offer.  At the 27th Street end of Olive, the extensive Rock Creek Park Trails provide endless opportunities for fitness and fun.  The shopping and dining of both Georgetown and Dupont Circle are within walking distance and are frequented by East Village residents.

The architecture along Olive Street

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