tag:blogger.com,1999:blog-22305958.post9125755873433281710..comments2024-03-25T18:50:15.135-04:00Comments on DCmud - The Urban Real Estate Digest of Washington DC: Rhode Island Avenue Northeast: Development "Hotspot"Kenhttp://www.blogger.com/profile/08295461340042242438noreply@blogger.comBlogger41125tag:blogger.com,1999:blog-22305958.post-39243338141222915442014-03-05T04:51:02.533-05:002014-03-05T04:51:02.533-05:00STAY AWAY from anything -->
Amir Khan's
Ow...STAY AWAY from anything --><br />Amir Khan's <br />Owner<br />A K Realty Inc.<br />May 2009 – Present (4 years 11 months)<br />Real state Agent and Owner of Dcluxurycondos.com<br />RealtorAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-22305958.post-48397019300929726832014-03-03T10:24:30.600-05:002014-03-03T10:24:30.600-05:00It's happening NOW! I'm a Condo owner, cou...It's happening NOW! I'm a Condo owner, couple blocks up! RI Metro is connected, Solar trail with Art is (there) the reason of delay on this corner, debate/refusal of (so called) "affordable housing, citing truth, property value goes down of other homes. Across the street from this building, this past summer, A renovated building condo units 2 BR upper $300's sold out before renovation started! Sidewalks are being RE-constructed NOW connecting Brookland (New TH the High $700's+) with 4th and Rhode Island Ave NE. The Spot, that is remaining, the subject of this Blog! Build and Build! TY! Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22305958.post-28956219974596147372011-12-03T20:10:18.441-05:002011-12-03T20:10:18.441-05:00I just brought a 4 unit apartment building on W st...I just brought a 4 unit apartment building on W street, a stones throw away. Thanks PERS please buy the abandonded building next to mine. Ekington is a good place lets make it great.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22305958.post-32123535908956297522011-11-14T12:39:11.778-05:002011-11-14T12:39:11.778-05:00Im really happy that this building is still standi...Im really happy that this building is still standing. I lived in this building for 22 years. I grow up in this building I have alot of memories. Thanks alotAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-22305958.post-21609409516321061112011-03-02T17:12:10.740-05:002011-03-02T17:12:10.740-05:00I agree. I hope they don't raise their prices...I agree. I hope they don't raise their prices. Market is getting tight. At the end of the day, developers are pretty greedy.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22305958.post-12635121471656500342011-01-24T17:48:27.429-05:002011-01-24T17:48:27.429-05:00I agree with the last blogger. $300K is a good pr...I agree with the last blogger. $300K is a good price for a 2 bedroom. Plus you get all the amenities they are offering. Also heard, retail is so sale as well.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22305958.post-28152494983243280752011-01-19T20:08:42.632-05:002011-01-19T20:08:42.632-05:00Um...I'm a young professional (20's), and ...Um...I'm a young professional (20's), and I recently bought a condo in the area for almost $200K (good deal), and my mortgage + fees are the least of my concern. I'm paying less than I was in rent, and NOWHERE NEAR $1800 a month (try less than $1300, those low interest rates rock). Yes, young professionals ($50-60K crowd, when I bought I made around $60K and now pull down right around $70K), teachers (who on average in the district make over $80K), and other "middle class" people CAN afford $200-300K. You make certain sacrifices to live in the city, but they're not really sacrifices in the grand scheme of things, and save you money. As someone else mentioned, if you live in an area where you can walk/bike/Metro/Zipcar everywhere, like this area - Giant is about 2 blocks away, Home Depot, new retail at the Metro, Metro, Zipcar at the Metro - you don't need a personal vehicle, which will save you a few grand a year, and with a gym and other amenities on site, and other amenities nearby (shopping and dining to come at the Metro development, community centers with pools and gyms and sports facilities all FREE or CHEAP nearby or Metro-able), you don't need to spend a ton on these luxuries, for some examples. I have a number of friends who have bought in the $200-300K+ a little range who make between $50-70K and aren't struggling.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22305958.post-50861950893520023932010-09-07T12:17:12.424-04:002010-09-07T12:17:12.424-04:00I'm not sure whom is giving you info, but I re...I'm not sure whom is giving you info, but I read an article that the developer is actually a self-made millionaire, has never been bankrupt, and is pretty low key. He does not not even do face to face interviews, and best anyone has done is get him on the phone. He was also mentioned to be one of the developers to watch, for his ultra boutique projects and good work. Lets not smear someone just because another developer was a jerk. He's changing our neighborhood, which is more than most others even attempted to.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22305958.post-23078723630182302192010-09-02T00:10:43.726-04:002010-09-02T00:10:43.726-04:00Oh This Ramin Bassam person sounds like an individ...Oh This Ramin Bassam person sounds like an individual named Charles Jenkins. Another Rip-Off Guy that does the same thing only he does it on the other side of the district. WARNING TO EVERYONE OUT THERE. THE MINUTE YOU FIND OUT THAT MR. CHARLES JENKINS IS BEHIND THE CONSTRUCTION AND SALE OF ANY PLACE, TEAR UP THE CONTRACT, TEAR UP THE CHECK AND HAUL ASS. DO NOT BUY ANY PROPERTY BUILT BY THIS GUY OR SOLD BY ONE OF HIS PEOPLE. HE HAS A HISTORY OF ALWAYS BANKRUPTING AND RESTARTING HIS COMPANY UNDER ANOTHER ASSUMED NAME SO THAT HE CAN RIP MORE PEOPLE OFF. PLEASE DO YOUR RESEARCH ON THE BUILDER WHEN LOOKING TO BUY A CONDO.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22305958.post-73712682112076104942010-08-29T18:17:33.007-04:002010-08-29T18:17:33.007-04:00Thank you Steve. I actually drive by that buildin...Thank you Steve. I actually drive by that building everyday. This building will be a gateway to Brookland. Any moron developer can build in Columbia Heights or U street. Very few developers with guts will take on a building with all these issues and neighborhood. We really are thankfull to you, as community activist and PERS for being a visionary developer. Good luck to both of you.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22305958.post-5887231831949694282010-08-27T17:55:30.065-04:002010-08-27T17:55:30.065-04:00The presentation I (Steven) put together, along wi...The presentation I (Steven) put together, along with the petition can be found in the link in the text of the article here: http://www.princeofpetworth.com/2010/05/horses-ass-award-reader-nomination/ <br /><br />Just click on "329 Rhode Island Ave NE"<br /><br />Debbie didn't join my next door neighbor and others from around the corner when we presented our case and evidence in front of the Condemned Buildings Board. Since that board made the ruling after our presentation, I'm guessing it was us - since Debbie wan't there. <br /><br />Regardless this is a win for our community, and we're excited to see a new anchor planted on one of our most visible corners!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22305958.post-58596823018298659612010-08-27T01:27:27.306-04:002010-08-27T01:27:27.306-04:00Wait, I thought Debbie Smith was the one whom got ...Wait, I thought Debbie Smith was the one whom got this builoding blighted? Was it Steven or Debbie?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22305958.post-84933556237279740072010-08-27T01:12:26.584-04:002010-08-27T01:12:26.584-04:00Steven, Thank you. You seem to have been very inv...Steven, Thank you. You seem to have been very involved in getting rid of the last owner. Without you, we'd still be looking at this eyesore. Did you know PERS was doing to buy the building? They seem to have a very good reputation. Just hope they are not like other developers with huge egos whom are non-responsive to the community and its needs. Were they easy to work with and forthcoming or were they just like the old owner, slimmy and secretive?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22305958.post-62717921395672468592010-08-26T23:16:32.647-04:002010-08-26T23:16:32.647-04:00I'm Steven. That's also my post directly a...I'm Steven. That's also my post directly above yours - where I addressed the issue of the saturation of public housing our community has experienced, now with St. Martin's apts about to open their doors as well.<br /><br />My house is directly behind the building - that's why I worked so hard to hold the negligant building owner accountable and lobbied DCRA to designate it as blighted - which worked - since the owner sold (to avoid paying increased taxes that come with owning a blighted building) and now we're welcoming PERs with open arms. :)<br /><br />We're very much hoping to see the building turned back into a positive contributor to our community and are excited to see and hear of PERs' plans!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22305958.post-11216285720696102742010-08-26T19:41:25.210-04:002010-08-26T19:41:25.210-04:00How many people posting on this live in the area (...How many people posting on this live in the area (meaning closer than Brookland, Noma, Downtown, Brentwood, Le Droit Park and anywhere else south of New York or Florida Avenues.Quenoreply@blogger.comtag:blogger.com,1999:blog-22305958.post-67676157760386422392010-08-26T19:06:23.781-04:002010-08-26T19:06:23.781-04:00To the person who said the condos wouldn't be ...To the person who said the condos wouldn't be affordable - and then dispensed "what this neighborhood needs is middle-of-the-road housing options." Um, thanks for prescribing "what we need." I guess you're not at all familiar with our neighborhood. We already tried the whole "welcome the workforce housing for cops, teachers, etc" and wound up with St Martin's Apts just 3 or so blocks away from this new project. And now, after receiving neighborhood approval, we've learned that when the giant St. Martin's complex is finished this fall, it won't be workforce housing - but voucher housing.<br /><br />So thanks for offering your advice on what we need. We've already tried to welcome workforce housing, that backfired after St. Martin's changed their plans, and we're stuck with even more voucher residents.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22305958.post-56850300218274423772010-08-26T16:41:56.637-04:002010-08-26T16:41:56.637-04:00A recent college grad in a professional field make...A recent college grad in a professional field makes about $50-$60k. A 1 bedroom at 200k is certainly within reach of that. Plus, the buyer won't need a car, so that eliminates a big expense.<br /><br />At current rates, $200k= $1000 mortgage payment. Very doable on entry level salary in this town.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22305958.post-33388536434702285282010-08-26T16:17:51.440-04:002010-08-26T16:17:51.440-04:00I think $300K for a two bedroom, two bath given al...I think $300K for a two bedroom, two bath given all the mentioned amenities is very reasonable. Building is one block to metro, rooftop gym, retail. What can you buy in DC with all these for $300k?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22305958.post-29954904240254143252010-08-26T13:57:15.908-04:002010-08-26T13:57:15.908-04:00$200-300 is 'affordable' for a college stu...$200-300 is 'affordable' for a college student, or someone right out of college? There is no way one could afford an $1800 mortgage plus condo fees on a $60k salary unless they have no other loans to their name (which is unlikely within 5 years of graduating). I moved into the area when condos were in the 200-300 range and I was one of the youngest (25) condo owners, since I bought with a friend.<br /><br />What this neighborhood needs are middle-of-the-road housing options. What about the $150-200k range? You know, for teachers, young professionals, admins, police/fire, etc. Someone has to work in those retail establishments, you know...why should they have to choose between renting or commuting?<br /><br />Perhaps a range of condo prices would be the best way to go. Not everyone NEEDS or WANTS iPad hookups or bamboo floors...so give them an option to buy a condo without all the fancy stuff, rather than pricing them out of the building.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22305958.post-20485179859513424862010-08-26T09:04:35.290-04:002010-08-26T09:04:35.290-04:00I agree with Big Al. This area has enough section ...I agree with Big Al. This area has enough section 8 with Edgewood Terrace.<br /><br />I bought in nearby Brookland, and that area is really nice, but RI Ave is the real eyesore of the area. And it's unfortunate too, it has a metro stop and a lot of people pass through there. There is so much potential for better retail than Foreman Mills, Autozone, and a countless number of carryouts and wig shops.<br /><br />I think RIA will really develop over the next decade. And in a city where the average house price is over 400k, 200-300 IS affordable. That price is within reach of a lot of recent college graduates, which is what this area needs. There's no diversity when an area is 90%+ section 8 or low income folks.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22305958.post-4959444317801674762010-08-26T00:15:41.457-04:002010-08-26T00:15:41.457-04:00All that building for 0nly $1.5 million? Somebody...All that building for 0nly $1.5 million? Somebody is gonna make some serious money.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22305958.post-11324829312622784402010-08-26T00:13:54.447-04:002010-08-26T00:13:54.447-04:00That building is got nice potential.That building is got nice potential.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22305958.post-81273336075530556542010-08-25T17:37:45.644-04:002010-08-25T17:37:45.644-04:00That building can sure use a make over. I agree w...That building can sure use a make over. I agree with the developer, Ramin Bassam, as this areas really needs new, fresh and hip retail. Good luck.janetnoreply@blogger.comtag:blogger.com,1999:blog-22305958.post-7272981544061171462010-08-25T17:09:40.157-04:002010-08-25T17:09:40.157-04:00in my world there is a huge area between "sec...in my world there is a huge area between "section 8" and "luxury".<br /><br />you guys talk like these are our only choices.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22305958.post-79518326091872964922010-08-25T15:32:07.956-04:002010-08-25T15:32:07.956-04:00I like it, I like it, I like it.......I like it, I like it, I like it.......Anonymousnoreply@blogger.com