Tuesday, January 27, 2009

Word on the Street: The jockeying has begun for the best spot in town

Penn Quarter

Just today I had a mini-conversation with a friend who works in the new Administration on how everyone was running around trying to jockey for "who sits where" in the West Wing. I could only imagine. But word on the street from Luxist is that real estate in Washington DC is suddenly looking brighter and there is a rat race to buy up hot real estate close to the White House. The NY Times has an interesting piece on the pre-inaugural real estate forays of members of Obama's team coming to Washington DC.

Obama's younger skewing team is more urban and headed to both upscale and gentrifying neighborhoods including U Street, Logan Circle and Adams Morgan as well as the typically swanky Georgetown and Kalorama. Check out these Sotheby's properties priced from $300,000 to $30 mil HERE.

Below is a gorgeous property in Penn Quarter right across the street from Co. Co. Sala for a cool $800 k. Get the full skinny HERE.
Living Room II
Contemporary 2BR/2.5BA. This two level floor plan features chef's kitchen with stainless steel appliances and granite counters, separate dining area and living room space, powder room and hardwood flooring throughout. Second level has a master bedroom with full bath that features marble counters and large walk-in shower and loft bedroom overlooking living area.

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