Friday, November 18, 2011

Morning Real Estate Review

DC's upcoming housing crunch (Washington Post) With a million new jobs expected by 2030, the Washington DC area doesn't have enough space to put the new bodies.

Living Social expanding into Acme Stove Building in Shaw (Washington Post) The online coupon company plans to lease 1005-1011 7th Street NW, a historic property owned by Douglas Development.

Board OKs Dulles Rail financing but wants more money (Washington Examiner) The airports authority in charge of building the Dulles Metro rail approved a new agreement to fund the $2.8 billion second phase of the project.

Old Post Office developer selection postponed to early next year (Washington Post) The General Services Administration has pushed back the timeline to select a private development partner for the Old Post Office Pavilion.



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