The Week in Real Estate
Every Friday, we round up the week’s real-estate news and gossip.
• Urban Turf has the scoop on this weekend’s open houses, including a two-bedroom penthouse in the former Chinese embassy. [Urban Turf]
• The Washington Post’s article about struggling businesses in DC’s Mount Pleasant neighborhood [WaPo] has caught some (deserved) flack from bloggers. The Washington City Paper calls it “full of stereotypes,” [Housing Complex] while New Columbia Heights argues that evidence supporting the article’s argument is thin. [NCH]
• Monument Realty, which owns the Watergate Hotel, is being sued for failing to maintain and repair the hotel’s deteriorating garage. The plaintiff claims that more than $5 million is needed to repair it. [WBJ]