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Construction Update – 777 6th Street
PQResident heard from CityMiss, another PQ inhabitant. She reports on 777 6th Street, an 11 story speculative office building with 190,000 square feet of space being built by Trammell Crow (architect: Hickok Cole); final completion is due in the second quarter of 2007. GP Living first reported on it in the May 22 post. She […]
Happy 230th Birthday !
We at GP Living wish you a safe and happy July 4th. We’ll return tomorrow with our regular commentary.
1 BRs – The Hard Data
June 2006’s DC condo/co-op sales report shows the following for year-over-year condos priced from $400K to $499K, the current range for most of the 1 BRs in the PQ/GP area: * year-to-date listings increased by 220.2 % – from 94 to 301* year-to-date contracts fell by 25.2% – from 361 to 270* year-to-date settlements fell […]
1 BRs – Underwater Or On Dry Ground?
Real estate prices are on the minds of many as the Fed’s most recent action, a 1/4 point hike in the Fed funds rate to 5.25%, continues a long string of rate hikes that began in June 2004. Year-over-year condo/co-op prices are down slightly and inventory has risen substantially along with the average time a […]