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Open House Blog

The Week in Real Estate

Every Friday, we round up the week’s real-estate news and gossip.

• DC Metrocentric (aka James Hickman), whom we profiled earlier this week, has a rendering of the new National Weather Center for Environmental Protection in College Park. [DCMetrocentic]

• A buyer’s agent’s nutshell explanation of the real-estate market: More people are buying homes, but prices of properties have fallen significantly. [Washington City Paper]

• StonebridgeCarras, the developer behind the new Department of Justice building in the NoMa neighborhood, is having a hard time finding lenders for further financing. [WBJ]

• A mixed-use development with more than 60 apartment units (all affordable housing) and 10,000 square feet of retail space is in the works for the intersection of Georgia Avenue and Lamont Street in Northwest. [DCMud]

• NPR sold its headquarters on Massachusetts Avenue to Boston Properties for a reported $119.5 million. [Bisnow]

• The Festival of the Building Arts is tomorrow at the National Building Museum and will feature architects, engineers, and other pros from the world of construction and design. Check it out! [Open House]

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