November 2015

Found 13 blog entries for November 2015.

shaw neighborhood washington dc

Median sales prices for homes have escalated in the Shaw neighborhood by 17 percent in the last 12 months.  Shaw, located in the heart of DC in the northwest quadrant, has seen a spike in its average prices for condos, up from $586,000 to $743,000, a 27 percent growth.  The price of a 3-bedroom row home surged even higher---from $698,000 to $939,000, up 35 percent.  The Victorian architecture of the row houses, a very central location, and walking distance to a Metro Station (both the Shaw-Howard University and U Street on the Green Line), in addition to a booming DC real estate market are all contributing to Shaw’s popularity among newcomers to the area who are mostly young professionals.

It’s not just higher home prices in the Shaw residential area

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park view neighborhood dc

Park View is a small, quiet neighborhood in northwest DC with a strong sense of community among its residents.  Just north of Howard University, two Metro Stations serve the area both on the Yellow and Green Lines: Georgia Avenue-Petworth and Columbia Heights Station.  There are also several Metro bus lines.  Surrounded by Columbia Heights, Petworth and Howard University, the neighborhood around it has been developing with new restaurants and bars.  The nearby commercial corridor along Georgia Avenue, especially the blocks closest to the Petworth Metro, have attracted services to the area, including a CVS, restaurants, and eateries with adjoining patios.  The commercial artery of Georgia Avenue is one of DC’s oldest thoroughfares.  

Park View gets its

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DC is the #7 wealthiest city in the country, according to Bloomberg Business, in a new report of 100 of the country’s largest metro areas.  The 20 richest cities in the United States were based on their 2014 Gross Metropolitan Product (GMP) per resident based on a study by the U.S. Bureau of Economic Analysis.  First place San Jose, California, takes the top spot for wealthiest city in the nation, with a large GMP per resident of $105,482---which is double the national average.  The top 3 in order: San Jose; Bridgeport, Connecticut; and San Francisco.  At #7, DC has a GMP of $72,191, ahead of New York.

The wealthiest cities are the economy’s backbone and most productive hubs, according to Bloomberg, and many are the headquarters for the leading global

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beekman place washington dc

DC Condo Boutique team member Amir Taba represented the buyer of a Beekman Place condo located at 1614 Beekman Place NW #C, Washington, DC 20009 in DC’s Adams Morgan neighborhood. This condo features 2 BR / 2.5 BA / 1,210 SF and closed on November 20, 2015 for $699,995 / $579 SF.

This two-level condo includes recent updates including a modern kitchen with stainless appliances and granite, custom closets, built-ins, fireplace and a private patio. Beekman Place is a gated community with close proximity to both the U Street Corridor and Adams Morgan neighborhoods, the Metro and Meridian Hill Park.

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the pennsylvania 601 pensylvania ave nw dc

Live on the power street of the world---Pennsylvania Avenue---in DC’s Penn Quarter.  This is the street that witnesses Presidential Inaugural parades and Presidential motorcades from the White House to the halls of Congress.  Look over your shoulder to see the magnificent dome of the U.S. Capitol on Pennsylvania Avenue.  For history buffs or someone who dreams to live among the upper crust, this premier location of The Pennsylvania condominium building is on the corner of Indiana Avenue, NW, and 6th Street between The White House and the United States Capitol.  It offers a living experience that far exceeds expectations close to everything in DC, with a contemporary design and upscale features that homebuyers today desire most in a condo to call

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tysons corner real estate

“Tysons” will soon replace the “Tysons Corner” name that has been around for more than 160 years by next summer 2016 in a decision by the Census Bureau this week.  The relabeling of the Tysons Corner business and shopping area comes at a time when city leaders have successfully pushed for a comprehensive redevelopment plan transforming the area into an accessible, walkable, sustainable urban region.  Tysons is located in Northern Virginia between McLean and Vienna along the Capital Beltway (I-495) within the metro DC area.  The recent addition of Metro’s Silver Line from DC to Tysons has definitely made the area more accessible as an urban hub.

Known as Tysons Corner since 1854, the area is the intersection of Route 7 and Route 123.  The Tysons Land

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aurora hills arlington va

Former House Majority Leader Eric Cantor bought a nearly $2 million 6-bedroom home in south Arlington County’s Aurora Hills residential neighborhood, a highly sought-after area known for its proximity to DC, Pentagon City, Crystal City, the Metro, and Reagan National Airport.  Following a humiliating defeat in the June 2014 Republican primary by unknown challenger, David Brat, Cantor and his wife Diane have moved into a new home in Virginia.  In addition to its top location, Aurora Hills has lots of green community spaces, quiet streets, and just minutes from shopping, restaurants, parks, and recreational activities.  It is located across the Potomac River from DC.  Most residents take the Metro from their Aurora Hills home to work in downtown DC.


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bates dc

The northwest neighborhood of Bates is an emerging neighborhood north of Union Station.  It is also commonly referred to as Truxton Circle, East Shaw, and Dunbar Shaw.  The sales activity is picking up.  The neighborhood is named after Bates Street NW, which stretches along east-west through the Bates neighborhood.  The boundaries are Florida Avenue and North Capitol Street to the east, Rhode Island Avenue to the north, New Jersey Avenue to the west, and 3rd Street and O Street to the south.  Bloomingdale is better known, an adjacent neighborhood that is also talked about as another emerging neighborhood in DC.  It features Grand Victorians on the north side of Florida Avenue.  Two Metro Stations on the Green and Yellow Lines, Shaw-Howard University and

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Some of DC’s most recognizable landmarks are captured on film.  DC is no stranger to Hollywood movies.  The classical Revival-style Northumberland condos have been spotted in several movies: a 1987 film by Francis Ford Coppola in “Gardens of Stone” and in 1994, in Harrison Ford’s film, “Clear and Present Danger.”  The building was also the home for William Hurt’s character in the 1987 Oscar-winning film, “Broadcast News.”  Formerly the luxury Northumberland Apartments, the building was developed by one of DC’s premier real estate developers, Harry Wardman, who was responsible for constructing this building in 1909 on a diagonal avenue on New Hampshire Avenue NW between U and V Streets.

The historic Northumberland building located at 2039 New Hampshire

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butterfield house washington dc

The 28 condos at Butterfield House on historic Capitol Hill are a beautifully designed development, traditional on the outside but modern on the inside.  The development features a six-story red brick Victorian mansion housing the 28 residences that nicely blends in with historic row houses in the surrounding neighborhood at 10th and Pennsylvania Avenue, SE.  The architecture takes its cues from its surroundings.  The condos include studios, 1, 2 and 3-bedroom units and range in size from 509 - 2,000 SF of living space.  The location is prime; walking distance to the U.S. Capitol, congressional office buildings, Eastern Market, the Supreme Court, the Library of Congress, Union Station and the Nationals baseball stadium.  The Metro is within walking

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