The 145-room Hay Adams was purchased by BF Saul in 2006 for a reported $690,000 per room, and received a great PR boost when President-Elect Obama and family took up residence there in the weeks prior to inauguration.Sources say the hotel is close to final approval for concept, which required sanctioning by the DC and federal governments, and of course the Secret Service, which will one day run all of Washington DC.
The Hay Adams was designed by Mihran Mesrobian and built in 1928 on the site of the homes of Henry Adams and John Hay, the latter a personal secretary to Abraham Lincoln and later Secretary of State.
Washington DC real estate development news
4 comments:
hear, hear on the secret service comment!
It is private fuction space, not a restaurant. Ever heard of fact checks? And how stupid is that Secret Service remark anyway?
you say stupid, i say prescient...
They already use the roof space for private events and so the facts are correct that they are exploring the possibility of a restaurant for the roof (it's less work and more profitable because it can be open every day).
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