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The Week in Real Estate

A round-up of real-estate news and gossip.

A number of development firms are seeking property-tax breaks from the city council, citing poor rent rates and the recession. [WBJ]

A look at what American University’s new School of International Service building will look like once construction is complete. [DCMetrocentric]

Walt Disney Company plans to build a luxury resort hotel at National Harbor. Details about the hotel’s amenities have not yet been revealed. [WBJ]

The latest on the U Street Hotel development plan: The neighborhood association supports the project, which now faces zoning approval. [14th & You]

The site of the old Hecht’s warehouse will not be the next DC USA mall anytime soon. Major retailers are apparently not interested in the location—at least for now. [Housing Complex]

Demystifying the city’s height limit: Always thought no building in the city could be taller than the Capitol dome? You are wrong!  [We Love DC]

Inside the Yale Steam Laundry condominium complex  on New York Avenue and 4th Street. The property features lofts and condos, a fitness center, billiard rooms—but best of all, a rooftop pool. Happy Memorial Day weekend, everyone! [UrbanTurf]

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