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	<title>DC Condos &#124; DC Lofts &#124; DC Condo Blog</title>
	<link>http://www.dccondoloft.com</link>
	<description>A DC Real Estate Blog focused on DC Condos, DC Lofts and luxury DC condo developments.</description>
	<lastBuildDate>Fri, 12 Mar 2010 14:29:35 +0000</lastBuildDate>
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		<title>DC Foodies and Condo Owners: Top Chef Season 7 Coming to the District!</title>
		<description><![CDATA[Just over a month ago I wrote that rumors had the hit Bravo cooking show Top Chef coming to film in DC for its 7th season.  Well, according to Terri Rupar and Joe Yonan of the Washington Post&#8217;s Breaking News Blog, those aren&#8217;t rumors, they&#8217;re reality. The blog reports that sources say the show will be filmed here in the nation&#8217;s capital this coming spring.

The DC Metro area already has very strong ties to Top Chef.  Here are some of the connections to the area:
Brian Voltaggio, whose brother Michael won the crown of Top Chef, finished in second place this past year.  Brian runs Volt in Frederick, MD, considered by many to be the best restaurant in the DC suburbs.
Mike Isabella, who got pretty far in this year’s competition as well, runs Zaytinya in Chinatown, a mainstay on the DC’s best restaurants list.
Carla Hall of Alchemy Caterers finished as a runner-up in season five.
In preparing for Top Chef to arrive in our city, and in turn have all of my dreams to come true, we&#8217;ve got to speculate on the challenges and destinations that the contestants will face.
My guesses include appearances with the following people and at the following locations:

Eastern Market
Somewhat crazy, but also brilliant DC-based Spanish Food mogul José Andrés




Any one of the former contestants from the area, including Spike Mendelsohn, who opened Good Stuff Eatery on Capitol Hill
The White House garden
The National Mall, potentially featuring the Cherry Blossoms in full bloom
The Southwest Waterfront Fish Market



Whole Foods at 14th and P
Me

Did I miss any?  You might think my last projection is a bit of a stretch, but you can bet the house I&#8217;m gonna weasel my way into a cameo on this show.
Maybe the contestants will cook a gourmet meal in one of our outstanding DC Condos?
No, probably not.  But you can see all of our DC Condominiums on our CondoDomain search portal!
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		<link>http://www.dccondoloft.com/dc-foodies-and-condo-owners-top-chef-season-7-coming-to-the-district/</link>
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		<title>AMAZING CONDO: Uber Modern Condo Unit Available in Chinatown</title>
		<description><![CDATA[A brilliantly modern condominium located in Chinatown is available for purchase $2,495,000. Props to UrbanTurf for profiling the property and bringing it to our attention.  The Chinatown condo, which is located at 475 H Street NW, looks simply incredible, but, as UrbanTurf pointed out it is a unit for a buyer with a specific taste.
&#8220;The ultra-modern three-level, three-bedroom unit was designed by architect Robert Gurney and has a layout and design that is not often seen in DC,&#8221; UrbanTurf&#8217;s Mark Wellborn wrote.  &#8221;Each floor is about 100-feet deep and the upper level has an indoor/outdoor loft space with electric doors that offer access to front and rear roof decks.&#8221;

(Images courtesy of UrbanTurf)
The location of the unit is spectacular, and perfect for someone who wants to be in the center of downtown. It is within blocks of the National Mall, all of Gallery Place&#8217;s restaurants and bars, and other downtown communities like Penn Quarter.  The condominium was formerly part of a row house, but was split up into two individual condo units.

This unit is top portion of the rowhouse, while the bottom part is 1,600 square-feet and is currently used by Chinatown Coffee Company for commercial space.  Supposedly, if the commercial unit tickles your fancy, it can be converted to residential if you so desire.
As Wellborn wrote, the residential condo has three levels, with three bedrooms, 2.5 bathrooms, a stylish, state-of-the-art kitchen, and a den. The kitchen has one of those stainless-steel island style setups generally reserved for Food Network, and appliances that would make even Emeril Lagasse drool.

The top part of the unit has a loft type setup.  The overall unit is 3700 square feet.

This truly is an incredibly unique DC Condo unit.
Contact one of our agents to learn more or to set up a tour!  Don&#8217;t wait a second, this unit is sure to be moved fast!
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		<link>http://www.dccondoloft.com/amazing-condo-uber-modern-condo-unit-available-in-chinatown/</link>
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		<title>Residences at Gallery Place Condo Board to be Sued by Developers</title>
		<description><![CDATA[The developers of the Residences at Gallery Place are suing the building&#8217;s condominium association, according to Washington Business Journal reporter Sarah Krouse.  Akridge and Western Development Corporation, the developer and owner of the building, is claiming that the building&#8217;s condo board hasn&#8217;t been forking over standard community costs.
&#8220;Akridge and Western Development Corp. say the association has not paid common-area maintenance costs since 2007 and was late paying $126,590 in insurance costs,&#8221; Krouse wrote.  &#8221;The team is calling for $458,630 in damages plus interest, attorneys fees and a judgment that would require the association to continue to pay for future expenses.  The unpaid expenses at the 192-unit building allegedly include cleaning, trash and snow removal, electrical and elevator maintenance, painting and laundry services.&#8221;
The Residences at Gallery Place, which were delivered in 2004 as a piece of the giant building that houses Regal Cinemas, Clydes, and other offices, is currently sold out.

The lawsuit is not the first controversy to come out of the Residences at Gallery Place, Krouse explained.
&#8220;The condo board has also seen its share of drama,&#8221; She wrote.  &#8221;Some of the building’s residents are fighting proposed high-tech billboards that would be attached to the building. Akridge and Western Development would share revenue with the advertising company, Grove City, Ohio-based Orange Barrel Media.&#8221;
Read Krouse&#8217;s entire article on the Washington Business Journal website.
While the Residences at Gallery Place might be sold out, we still have a number of Chinatown condominiums available.
If you want to live right in the hustle bustle of downtown DC, check out some of our Chinatown condominiums on CondoDomain!
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		<link>http://www.dccondoloft.com/residences-at-gallery-place-condo-board-to-be-sued-by-developers/</link>
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		<title>Money Being Pumped into DC Neighborhood Development</title>
		<description><![CDATA[Developers in certain neighborhoods throughout DC have a chance to receive $145,000 in pre-development grant money, Washington Business Journal&#8217;s Jonathan O&#8217;Connell reported yesterday.
&#8220;Money can be used toward developers’ costs related to planning, environmental work, accounting, market studies, soil testing, legal services and other expenses,&#8221; O&#8217;Connell wrote.
Builders in the following neighborhoods are eligible for the money:
Anacostia, Bellevue, Bloomingdale/Eckington, Brightwood/Upper Georgia Avenue, Brookland/Edgewood, Columbia Heights, Congress Heights, Deanwood Heights, H Street NE, Logan Circle, Shaw and Washington Highlands.

(Communities like Columbia Heights could benefit from the grant money)
These neighborhoods already have numerous DC Condos and expect to see more in the near future. Check them all out on CondoDomain. The money will certainly benefit these communities.
&#8220;The fund, created as part of the agreement to build Nationals Park, has $5.2 million available this round to support development of either affordable housing projects of at least 10 units, facilities providing community benefits or mixed-use projects that propose some combination of housing, office space and community facilities,&#8221; O&#8217;Connell wrote.
See his entire article here.
&#8220;Follow the money,&#8221; Deep Throat whispered to Bob Woodward in the 1976 DC-based movie All the President&#8217;s Men.  That&#8217;s exactly what is happening in the District over 30 years later.   People from all over are moving to DC with hopes of benefiting from money that&#8217;s being pumped into government jobs.
And now it is being pumped into DC neighborhood development as well, which is a very good thing.
Search all of our DC Condos in these neighborhoods as well as others on CondoDomain!
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		<link>http://www.dccondoloft.com/money-being-pumped-into-dc-neighborhood-development/</link>
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		<title>Home Prices in DC Reduced by 25%! Potential DC Condo Buyers, Time to Act!</title>
		<description><![CDATA[According to our friends at Trulia, almost 25 percent of the homes in DC and Maryland were reduced during February.  DC actually reached 25 percent, while Maryland came in close behind at 24 percent. The data evaluated each state&#8217;s(as well as DC) real estate progress last month.
DC and Maryland were in the top five of home price reductions, joined by Arizona, Massachusetts, and Hawaii.  While certain regions are clearly feeling the effects of price reductions, California certainly isn&#8217;t.
&#8220;Six major cities in California also occupy the lowest percent of current listings with price reductions out of the Top 50 national cities: San Francisco (16%), Sacramento (15%), San Diego (13%), Oakland (13%), San Jose (12%) and Fresno (12%),&#8221; Trulia&#8217;s report states.
See all the data of the Trulia report here.
Different neighborhoods in DC were affected by the price reductions in different ways.
&#8220;Within the District itself, certain zip codes appeared more impervious to listing reductions than others,&#8221; UrbanTurf writer Brett Widness wrote.  &#8221;The 20003 zip code, which encompasses part of Capitol Hill and the SE Waterfront saw 26 percent of listings cut prices, while Northwest’s 20007 (Georgetown, Glover Park, Palisades) saw sellers only reducing prices at a rate of 14 percent, so nearly half as often.&#8221;
Other areas of NW have been hit far harder.  Check out this table of stats from Trulia via UrbanTurf:

&#8220;The 20008 zip code, which includes Woodley and Cleveland Park and parts of Dupont, showed the largest reduction by amount, with listings reduced by 19 percent,&#8221; Widness wrote. &#8220;This may indicate the continued weakness in the high-end market, as this zip code is known for its expensive homes.&#8221;
Take advantage of these price reductions!  It is the perfect time to buy a DC condo, and we at CondoDomain DC have available units all over the city.
Search through our online marketplace and contact us with questions or to get a tour!
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		<link>http://www.dccondoloft.com/home-prices-in-dc-reduced-by-25-potential-dc-condo-buyers-time-to-act/</link>
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		<title>A Capitol Riverfront Community Overview: &#8216;Progress Being Made&#8217;</title>
		<description><![CDATA[Several days ago, I posted our CondoLoft poll of the week, with the question asking how long will it be before the Capitol Riverfront community in Southeast really takes off.   If you haven&#8217;t voted, please do. It is a question that is a big one around town, as many DC real estate folks will watch the neighborhood&#8217;s future to see whether the plans for the community come to fruition.
Just days after our poll, UrbanTurf writer Tim Brown wrote a really in-depth article profiling the community, and its current status.
&#8220;Slowly but surely, progress is being made on Capitol Riverfront, Southeast DC’s neighborhood by the ballpark,&#8221; Brown wrote.  &#8221;Despite being one of the areas in DC hit hardest by the economic downturn, work continues on the many residential and commercial projects in the neighborhood and residents continue to move in.&#8221;

Tons of new development DC Condo projects are popping up around the Capitol Riverfront because of the community&#8217;s untapped, yet seemingly endless real estate potential.  With proximity to cultural hubs like Eastern Market and Capitol Hill, as well as its location on the water, DC Condo buyers are starting to pay attention.

Right now, Brown wrote, most of those condo buyers are young.
&#8220;The Capitol Riverfront, or the Front as it is sometimes called, is young in more ways than one,&#8221;  Brown wrote.  &#8221;Most of its new residents are young singles and couples, and the median age in the neighborhood is 36.&#8221;
Brown&#8217;s article is very informative if you are looking for a broad overview of the neighborhood.  You can read it in its entirety here.
All eyes of the DC condo community will be fixated on the Capitol Riverfront over the next several years, because if the dreams for the area do come true, it will be one of the top places to live in the District.
Check out the Capitol Riverfront condominiums that are already in existence, as well as future projects for the area on CondoDomain!
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		<link>http://www.dccondoloft.com/a-capitol-riverfront-community-overview-progress-being-made/</link>
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		<title>Renaissance at Logan Circle Condos are in the Center of it All</title>
		<description><![CDATA[Certain condominiums offer you the chance to be a part of the heartbeat of downtown Washington, DC. These condominiums are part of diverse, exciting neighborhoods, filled with culture. While there are suburban communities in the District that are great as well, these bustling urban areas echo the true essence of DC.
The Renaissance at Logan is a condominium complex in one of these areas.  The Renaissance at Logan is located off of Logan Circle, an area that is really taking off with its proximity to Chinatown and U Street.  With neighboring areas like the aforementioned Chinatown and U Street, as well as Shaw, Columbia Heights, and Dupont Circle, living in a Renaissance at Logan condo gives its residents the keys to the city.
The Renaissance at Logan offers sixteen beautiful one, two and duplex lofts. The Renaissance at Logan is contemporary urban living at its finest. Units are filled with lots of light-filled units as well as a little something extra.


The Renaissance at Logan condominiums come equipped with Viking Appliances, slate and wood floors, bay windows, chic imported Spanish tile baths and much more. Bedrooms have large layouts, as well as spacious walk-in closets. Amenities include a roof top terrace and available off street parking.


Units at the Renaissance at Logan are priced between 300k and 600k.  The condominiums as well as the surrounding community make the Renaissance at Logan a truly special place to be.
Contact one of our agents to tour the Renaissance at Logan condos or other Logan Circle condos today!
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		<link>http://www.dccondoloft.com/renaissance-at-logan-circle-condos-are-in-the-center-of-it-all/</link>
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		<title>Just &#8220;CondoDomain&#8221; it</title>
		<description><![CDATA[
&#8220;Just CondoDomain it&#8221;  &#8211;  So what the heck does that mean?
Yes it could mean &#8211; just choose CondoDomain to help you buy or sell your house&#8230;.but in this case its just a silly blog title.
&#8220;Just CondoDomain it&#8221; means that you can actually leverage the worlds fastest search engine to surf our site in just milliseconds.  Because we built our platform for the web, our website reacts very well with search engines like Google.
Google spiders our website at least twice daily so anything that is on our website (basically everything condo) is on Google.  So for you &#8216;long-tail&#8217; web surfers or people who know exactly what building or what address or what MLS# &#8211; just throw it right up in Google combine it with the word &#8220;CondoDomain&#8221; and find all of the information you are looking for!
Example #1 &#8211; Searching for a particular address of a building in New York City like 165 Charles Street:

Just CondoDomain it:  Go to Google.com  and search CondoDomain 165 Charles Street

Example #2 &#8211; Searching for the hot new building in Chicago called FP3:
Just CondoDomain it:  Go to Google.com  and search CondoDomain Fullerton Lofts

Example #3 &#8211; Just visited the new FP3 Lofts development in Boston and have the MLS #?

Just CondoDomain it:  Go to Google.com  and search CondoDomain MLS # 70740515

We pride ourselves on having more real estate listing information than anyone else and constantly strive to find better ways for you to use our website.  Our team internally loves using Google to help navigate our website.  Its fast, reliable and accurate.
Remember, when you can find exactly what you need, we still may be able to help &#8211; don&#8217;t be shy and call us at  877-852-6636
CondoDomain is now operating in Boston, DC, Baltimore, Chicago &amp; New York as a broker &#8211; so c&#8217;mon &#8211; Just CondoDomain it!
 

]]></description>
		<link>http://www.dccondoloft.com/just-condodomain-it/</link>
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		<title>UrbanTurf visits Dupont Circle for Latest Edition of Rent Vs. Buy</title>
		<description><![CDATA[This week&#8217;s edition of Rent vs. Buy on UrbanTurf examines the Dupont Circle neighborhood.  While most communities in DC are fairly cut and dry when it comes to deciding whether to rent or buy, writer Michelle Lerner explained that Dupont Circle is slightly more complicated.

It is clear that Dupont is one of the prime places to live in DC.  Not only does it have a true sense of community because of its numerous cafes, bars, restaurants, small art galleries and shops, but it also has the ultimate location.  Within blocks of Dupont Circle are tons of places that make our city great. Georgetown&#8217;s shopping, U Street and Adams Morgan&#8217;s nightlife, as well as the National Mall are within walking distance of the neighborhood, just to name a few.

&#8220;Bordered roughly by 16th Street, M Street, Rock Creek Park and Florida Avenue, Dupont Circle is without question one of the most sought-after neighborhoods in DC,&#8221; Lerner wrote.  &#8221;It boasts some of the city’s best restaurants (Komi, Sushi Taro) and its central location makes it a very convenient neighborhood for anyone working downtown. The neighborhood mostly appeals to urban professionals, both single and married, and straight and gay&#8230;Unfortunately, in order to live in this neighborhood, you need money. Home prices in Dupont are the second highest in DC just behind Georgetown.&#8221;
As Lerner wrote, the prices of homes in Dupont are high.  While every situation is different, if you are interested in a one bedroom unit in Dupont Circle, Lerner writes that buying is a no-brainer, because of the extremely high rent costs.
&#8220;Looking at rental postings on Craigslist for Dupont Circle, it becomes clear that you will be very lucky to find a one-bedroom unit in the neighborhood for under $1,700 a month,&#8221; Lerner wrote.  &#8221;The range for available one-bedroom rentals was between $1,650 and $2,300.&#8221;
The cost of mortgage payments monthly in Dupont Circle for a one-bedroom are very close to what one pays for rent in the area.  Two bedrooms monthly costs can be found in the 2,000s, so while we recommend buying a Dupont Circle condominium, renting a two bedroom could be a good option for some.  It is nearly impossible to find an apartment larger than two bedrooms in Dupont.  I know from experience.
Read Lerner&#8217;s entire analysis on whether to rent or buy in Dupont Circle here.
Dupont Circle is one of the most exciting places to live in DC.  Buying a Dupont condo now could pay off big time in the long run, as Forbes named DC the number one city in the WORLD to invest in real estate right now.
See all of our available Dupont Circle condos that are available for purchase, here!
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		<link>http://www.dccondoloft.com/urbanturf-visits-dupont-circle-for-latest-edition-rent-vs-buy/</link>
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		<title>Potential for New DC Condominiums in the 14th Street Corridor</title>
		<description><![CDATA[New DC condominiums could be headed to the 14th Street Corridor.
According to Sarah Krouse of the Washington Business Journal, JBG Cos. &#8220;closed on its purchase of Swann Drycleaners, the last parcel needed for its condominium project on the site of the historic Whitman-Walker Clinic&#8221;.

(Photo from Washington Business Journal)
The 14th Street Corridor has been one of the hottest neighborhoods in DC during the recent condo craze. Because of its location in the heart of Downtown DC, but also its small-town, community feel, the 14th Street neighborhood has become one of the most popular areas for DC Condo buyers.
&#8220;The 14th Street corridor, considered part of the Shaw/Columbia Heights submarket, saw 151 sales in 2009,&#8221; Krouse wrote.  &#8221;Second only to the Capitol Hill Waterfront, which had 185 sales, according to William Rich, the director of Delta’s condominium practice.&#8221;
The development of the 14th street neighborhood has picked up tremendous speed, and really has everything a DC Condominium resident could need.
One of its most populated commercial blocks, set at the corner of 14th and P Streets in between Logan Circle, Dupont Circle, and U Street, has a huge Whole Foods Market(in my opinion the best grocery store in the city-but also one of the more expensive), as well as numerous restaurants and bars.  Recently a Sweet Green salad shop moved in next to Pitango Gelato, Lululemon Athletica, and Metropole, a state-of-the-art new DC Condo(pictured below).  It has a true small-town feel to it, but is right in downtown with walking access to virtually anywhere in NW.  Check out our community video of the area here.


The need for more residential spaces in the neighborhood is evident, as Krouse explained that almost all of the condominiums in the area have already been snatched up.
&#8220;Most new projects have sold out: Bogdan Builders Inc.’s 28-unit CityScape on Belmont unloaded its last unit in February,&#8221; Krouse wrote.  &#8221;PN Hoffman Inc.’s 59-unit The Warehouses at Union Row and the 208-unit Flats at Union Row are close to selling out. And the 90-unit Metropole, one of the last new projects to hit the market, has 20 units remaining.&#8221;

(Flats at Union Row)
It will be exciting to see how the new condo project develops in the near future, and we at DC CondoLoft will be sure to keep you updated.
Check out Krouse&#8217;s entire article on the project here.
See all of the existing condominiums that are still available in the 14th Street Corridor neighborhood on CondoDomain to find out more!
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		<link>http://www.dccondoloft.com/potential-for-new-dc-condominiums-in-the-14th-street-corridor/</link>
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		<title>1423 Newton Street Flats: Cozy Columbia Heights Condos</title>
		<description><![CDATA[The Newton Street Flats is the renovation of an apartment building, circa 1963, into 12 new condos in Columbia Heights. Newton Street Flats, located at 1423 Newton Street, is only about three and a half blocks north of the Columbia Heights Metro station, in the center of the community.
The DC USA retail center around the corner from Newton Street, created in the Summer of 2008, has helped revitalize the 14th Street corridor of Washington, D.C.. The Columbia Heights area of DC has many new homes, including Kenyon Square, a much larger condo project by Donatelli Development, and Highland Park, also by Donatelli.

Newton Street Flats offer one and two bedroom units. All units feature black granite counters, contemporary cabinets, stainless steel appliances, and simple but functional floorplans.  Columbia Heights offers a quintessential urban living environment. People are always out perusing the streets, day and night.

Meridian Hill Park, located several blocks from The Newton Street Flats, offers a calm, tree-lined refuge to visit when you wish get a break from the daily city life. The U Street corridor and its bars and clubs is about a fifteen minute walk away from Newton Street Flats.

1423 Newton is a small, three floor building, so it offers a nice change to the standard DC high-rise. Prices at Newton Street Flats in Columbia Heights range from 300k-450k.
Contact one of our agents for a tour of Newton Street Flats, or one of our other fabulous DC condominiums, today!
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		<link>http://www.dccondoloft.com/1423-newton-street-flats-cozy-columbia-heights-condos/</link>
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		<title>City Paper Feature Story Explores Southeast DC&#8217;s Impending Gentrification</title>
		<description><![CDATA[&#8220;&#8216;Gentrification is coming,&#8217; says Morgan, &#8216;and there’s nothing you can do to stop it.&#8217; The man knows his history.&#8221;
This excerpt is from Chris Lewis&#8217; story in the latest edition of the Washington City Paper, an article that attacks every nook and cranny of Southeast&#8217;s impending gentrification and the effects that it will have on the community.  The quote is from Donald Morgan, a resident of Anacostia, who owns a mom and pop style fried fish market on Martin Luther King Jr. Avenue.  In the article, Morgan expressed his fears that the essence of Anacostia will be lost because of new, higher priced development and construction.
&#8220;You have to have money to hold on to culture, in this country,&#8221; Morgan said.
Southeast is clearly on the verge of a transformation. Lewis was quick to point out, though, that it certainly isn&#8217;t the first neighborhood in D.C. to be gentrified.  In fact, it&#8217;s quite common.

(Condominium projects like Savoy Court Condos, pictured here, are popping up throughout Southeast DC)
&#8220;Gentrification is the oldest, most belabored story in the District—or at least much of the District,&#8221;  Lewis said.  &#8221;Its impact on places like Columbia Heights, Shaw, and Brookland has been documented many times over, often with glee, sometimes with regret, depending on the teller’s perspective and socioeconomic status. It all boils down to one figure: The city’s median home sale price was $167,000 in 1995 and $496,000 in 2007.&#8221;
While new developments being added to Southeast is great news for those interested in purchasing a DC condominium, there is a flip side.
Current residents of Anacostia and other neighborhoods in Southeast feel as though they will soon be priced out of the community they call home.

“They done put up new houses and stuff like that, but the average person can’t afford them,” said Michael Humphrey. Humphrey has lived in this very community for the past 30 years.  According to Lewis, Humphrey  &#8217;relies on Section 8 housing vouchers and Supplemental Security Income checks&#8217;.
“A 230-some-thousand-dollar house?&#8221;  Humphrey said.  &#8221;That’s too damn much money.&#8221;
&#8220;Housing standards are increasing,&#8221; Lewis wrote. &#8220;The median home sale price in 2000 was $119,000 in Ward 7 and $124,000 in Ward 8. By 2007, the prices had risen to $281,000 and $295,000 before the recession began to stifle growth.  New and, by area standards, expensive market-rate homes are popping up everywhere.&#8221;
You can read Lewis&#8217; entire story here.
It&#8217;s not like this is a new story.  It&#8217;s just the latest in a series of gentrifications that have become as natural to Washington, D.C. as the education gap.
Everyone has their own opinion on the issue and everyone is entitled to their own opinion on the issue. The new developments will be there though, that&#8217;s a fact.  As Donald Morgan put it, &#8220;Gentrification is coming, and there&#8217;s nothing you can do to stop it.&#8221;
Check out CondoDomain to see the source of the discussion itself: the DC Condominiums that are popping up all over Southeast.
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		<link>http://www.dccondoloft.com/city-paper-feature-story-explores-southeast-dcs-impending-gentrification/</link>
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