Friday, November 02, 2012

Morning Real Estate Fix

DC real estate pros discuss the commercial market (Costar)  A pending election, fiscal cliff, and potential changes to the capital gains tax rate have stimulated conversation, if nothing else.

Beach front isn't better - rising sea levels would be a disaster for DC properties (PR Newswire)  If the seas were to rise a few feet due to global warming, DC could begin to feel the effects in damage to its property and infrastructure.

Barnes & Noble to close - no, wait, open - at Union Station (Washington Post)  Ashkenazy, which leases space at Union Station through an agreement with the Union Station Redevelopment Corporation, had told the book seller, already beset by greater market forces, that it had to close, but has now relented.



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