Another luxury listing just went live in D.C. The home at 4400 Garfield St. NW went up for sale Friday for $9.995 million. It’s located in Wesley Heights, a neighborhood between others — Cathedral Heights, Palisades and Foxhall — known for upper-market sales that attract high-profile residents. The stone house has 12,000 square feet of finished space. It was built in 1930 and was later renovated by Ankie Barnes of District-based Barnes Vanze Architects. Robert Hryniewicki, Adam Rackliffe and Chris Leary of HRL Partners at Washington Fine Properties are the listing agents. The home’s “whimsical story book façade” holds an interior that is “refined and sophisticated throughout the classic section of the home,” Hryniewicki said. The modern family room and kitchen have been rebuilt, and lead to a terrace overlooking the gardens and pool, he said. The half-acre corner lot includes a grassy front yard with a circular brick driveway and … [Read more...] about Another luxury home hits D.C.’s market, this one for $10M
SPiN, a pingpong parlor with locations across North America, is setting up shop in the District. The chain has signed on for a space in the basement of the National Press Club at 1332 F St. NW. Miller Walker Retail Real Estate represented landlord Normandy Real Estate Partners in the deal, while Newmark Knight Frank represented SPiN. Terms were not disclosed. The venue will feature 18 Olympic-style pingpong tables, private lounge spaces and a full-service restaurant with a bar featuring American cuisine and cocktails. The restaurant will bring in street artists and muralists to decorate the space, according to its website. It is slated to open later this year. SPiN was founded in 2009 by Academy Award-winning actress Susan Sarandon, a 1968 alum of Catholic University, and her then-boyfriend Jonathan Bricklin. The venues host tournaments and leagues as well as casual players. SPiN also promotes a robust events business. The D.C. location is currently looking to hire staff. … [Read more...] about Susan Sarandon-backed pingpong parlor coming to D.C.
D.C.-area philanthropist Steve Charles is donating $10 million to support special collections research at Temple University’s new library — that department’s largest-ever gift, breaking a record set just two weeks earlier. The North Philadelphia university said the gift means the $170 million facility, currently under construction, will also bear Charles’ name. “Steve’s gift is transformational in supporting Temple’s goal of building a 21st century library that will redefine campus life, sustain Charles Library at its optimal level and care for all of the valuable resources it will provide,” Board of Trustees Chair Patrick J. O’Connor said in a statement. Charles co-founded immixGroup, a McLean government technology contractor, in 1997 and sold it to Arrow Electronics Inc. (NYSE: ARW) in 2015. The terms of that sale to the Fortune 500 behemoth were undisclosed, but immixGroup maintained its McLean office and counted about 248 local … [Read more...] about D.C.-area entrepreneur donates largest gift to Temple University’s new library
(Photo by HomeVisit) The family room has wood beams and a fireplace. The lasting legacy that R. Robert and Ada Linowes left on the Washington region includes a center-hall Colonial in Chevy Chase, Md. Bob Linowes’s many and varied contributions include Smokey Bear, the Maryland tax code, Folger Shakespeare Theatre and the location of shopping malls in Montgomery County. He arrived in Montgomery in 1948, fresh out of Columbia Law School and immediately made an impact. [Inside Matt Lauer’s Hamptons estate] As a lawyer in the Department of Agriculture, he persuaded the government to trademark Smokey Bear. His firm, Linowes and Blocher, specialized in zoning and land-use issues and played a significant role in the growth of Montgomery. 1 of 103 Full Screen Autoplay Close Silver Spring Colonial Cotswold-style house in McLean Georgetown modern house Maryland farmhouse Skip Ad × Distinguished homes for sale in … [Read more...] about Chevy Chase Colonial was home to D.C.’s ‘behind-the-scenes man’
(Dwuan D. June and istockphoto) The Washington-area housing market enjoyed a solid year in 2017. Prices continued to climb, but the increases were more modest than dramatic. Sales were mostly up but constrained by low supply. “2017 was an interesting year for the D.C. regional housing market,” Terry L. Clower, director of the Center for Regional Analysis at George Mason University, wrote in an email. “Inventories continued to tighten, which caused the pace of housing sales to slow in the second half of the year across the region, but there was substantial variance in price behavior among the three jurisdictions.” [The Washington Post Home Buyers Guide] The median sale price for single-family houses and townhouses in the District ticked up 1.4 percent last year from 2016, increasing to $649,000 from $640,000, according to data provided by Black Knight, a national real estate data analytics company. It was the eighth consecutive year the median price of … [Read more...] about After a solid year in 2017, can the D.C. area’s housing market remain strong?