Your guide to the region's top events, mixed with some commentary about life, media, gossip and politics in Washington, DC.
|
Life in the Penthouse
The mortgage crisis might be taking a big financial toll on the nation, but one local builder hopes there’s still a buyer interested in a $6-million condo.
By
Lynne Shallcross
Published Tuesday, July 15, 2008
Is this view worth $6 million? Tell us in the comments.
Metropole, a 90-unit building in DC’s Logan Circle, is set to open next month—with its three-story penthouse sitting like a cherry on top. Area real-estate brokers say it’s likely the priciest condo on the market. As designed, it’s a five-bedroom, six-bath unit with 4,600 square feet inside and 1,200 square feet of outdoor space. Two balconies and three terraces add to the amenities, which include a hot tub, fire pit, three parking spaces, and views of the monuments on the Mall. The penthouse has 26-foot living-room ceilings and a floating glass staircase connecting all three levels. If you’re too busy to pick up the dry cleaning, get tickets to nearby Studio Theatre, or order flowers for Mom, don’t worry: Metropole’s concierge service has it covered. Is the $6-million price too much? You can save a million by buying the condo as a shell and finishing it yourself. If the penthouse doesn’t sell soon, the builder will bow to the reality of the market and break it up to sell as three individual units. This article appears in the July 2008 issue of Washingtonian. To see more articles in this issue, click here. More>> Capital Comment Blog | News & Politics | Society Photos
|
Comments
What this doesn’t mention is that the unit was designed for Scott Pannick, the developer of the building. Why is he not going to take the unit specially designed for him? Now that is an interesting question worthy of some investigative journalism.
Posted by: Logan Lover, Oct 20, 2008 07:44:34 PM
|
Post a comment
Feel free to leave a comment or ask a question. Because of the prevalence of spam, we ask that you fill out the code in the image below to help us eliminate spam comments. By posting here, you affirm that you are 13 years of age or older. Washingtonian.com reserves the right to remove or edit content once posted.
|
|
Gone are the robust bureaus for the Los Angeles Times, Newhouse News, and other once-healthy news organizations. Digital media bureaus now are taking their places with as many reporters and plenty of swagger.
more
Sip some Beaujolais Nouveau, check out the Terra Cotta warriors, see a vintage murder thriller, and more this weekend.
more
|