Friday, May 19, 2006

The Chase is On – Grand Opening This Weekend

What’s rarer than finding a needle in a haystack? How about moderately priced condos in downtown Bethesda, near the metro and steps to shops and restaurants? This could explain the interest surrounding the grand opening this weekend (May 18-19, 10-4 pm) of The Chase at Bethesda (7500 Woodmont Avenue). The Chase is the conversion of a late 1980s apartment complex by Monument Realty into modern condos, with renovated kitchens (granite, stainless steel, etc.), bathrooms, and hardwood floors. There are also two lit tennis courts and pools, and a fitness center. Pricing starts in the mid-$200s for Jr. One Bedrooms (474 s.f. - a bit tiny) and goes up to the $800s for Two Bedroom and Den units (1241 s.f.). According to a Chase sales agent, contracts cannot be written until after this weekend, and only by appointment (already they are full for June appointments).


Anonymous said...

The Chase project might be suffering from poor sales. There are two buildings to this project and sales agents have stopped showings in one of them. Unfortunate news, especially for an area like Bethesda, which one would think was more isolated from the worsening market.

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