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Iconic Local Bookstore Up For Sale

June 10, 2010 by  

Politics and Prose, an independent local bookstore located near the intersection of Connecticut Avenue and Nebraska Avenue NW, is up for sale.

The Washington Post reports that owners Carla Cohen, who is seriously ill, and Barbara Mead, are ready to sell.

“It’s time for us to stop and let somebody else take over for the future,” Meade said in an interview with The Post. “I just don’t have the energy like I used to,” Cohen adds.

Politics and Prose, established in 1984, is one of DC’s independent bookstore that became a neighborhood institution over the years.Politics and Prose is a premier stop for top-shelf novelists like Salman Rushdie whenever he tours the country to promote a new book.

Vacant Properties To Be Sold At Auction In DC

May 31, 2010 by  

The DC Department of Housing and Community Development (DHCD) announced yesterday that it will sold at auction 18 vacant government-owned properties on June 30th at the Convention Center.

Among the eighteen properties, which include single-family and multi-family buildings, are those located in the following addresses:

Barry Farms, Square 5889, Lot 0815
Woodridge, Square 4355, Lot 0058
Lily Ponds, Square 5116, Lot 0115
Columbia Heights, Square 2665, Lot 0032
Congress Heights, Square 6240, Lot 0054
Congress Heights, Square 6240, Lot 0060
Congress Heights, Square 6240, Lot 0063
Old City 2, Square 0363, Lot 0034
Congress Heights, Square 6239, Lot 0082
Deanwood, Square 5093, Lot 0140
Deanwood, Square 5176, Lot 0989
Columbia Heights, Square 3041, Lot 0012
Old City 2, Square 0507, Lot 0016
Old City 2, Square 0239, Lot 0804
Old City 2, Square 0475S, Lot 0033
Old City 2, Square 0361, Lot 0806
Old City 1, Square 0808, Lot 0069
Old City 1, Square, 0889, Lot 0015 (the existing dwelling will be demolished before the closing and the property will be delivered as a vacant lot)

All of the properties, located in wards 1,2,5,6,7 and 8, will be sold at the one-day auction to the highest bidder in order to redevelop them into habitable residences.

Only the following bidders are allowed to join in the auction:

  • homeowners who intend to make the property a primary residence
  • non-profits
  • DC Certified Business Entities

Profit corporations are not eligible to join.

New Apartments At Georgia Avenue Soon To Begin Construction

May 27, 2010 by  

A year after Neighborhood Development Company (NDC) and non-profit Mi Casa Inc. obtained zoning approval to build a new mixed-use development, the Heights at Georgia Avenue will soon begin construction this summer.

The Heights is a mixed-use residential and retail development located in the Petworth neighborhood within walking distance to Howard University and the Georgia Avenue Metro station.

The apartment offers 10,000 square feet of retail on the ground and 69 rental units on the next five stories. Half of the residential units are made available at 60% to 80% AMI. An underground parking garage is also available.

The project will replace surface parking lots and older commercial buildings, located just a few blocks near the planned development at Park Morton.

Developers are working with Grimm + Parker Architects on the design that will maximize usable space allowed by the Planned Unit Development while maintaining the existing neighborhood character. The project also affords homeowners an eco-friendly lifestyle with its green roof consisting of solar panels that power some of the common area lighting.

NDC is a local real estate development company while Mi Casa is a local organization that provides affordable housing in the district.

photo by Grimm + Parker Architects

DC Area Home Prices Increase, Signs Of Housing Stability According To CoreLogic

May 20, 2010 by  

CoreLogic, a real estate research firm, has recently released data showing home prices increase in the DC Metro area from a year ago. National home prices, including distressed sales, were up by 1.7 percent in March 2010 compared to March last year.

Chief economist for CoreLogic, Mark Fleming, explains in a press release:

“March’s year-over-year increase in the HPI shows that the housing market is continuing to exhibit signs of stability.”

“The differences between trends, including and excluding distressed sales, indicate the strong influence of distressed activity remains, but the surge in home sales in March is giving the market a boost this spring. As the influence of the tail end of the tax credit and spring buying season fade, price growth will fade with it as we go into summer,” he added.

To know more about the report, you can read the entire press release dated May 19, 2010.

QR Codes – the future of Real Estate for Realtors

May 18, 2010 by  

So this afternoon my mother and I went to downtown Bethesda for dinner on the way home from work.  We were supposed to eat a Sweet Green but in the end decided on Redwood (who offer an incredible hamburger).  While thats not important the reason for my post was that something unique caught my eye on the back of an employee’s shirt walking out of SG.  Its something my friend @lafauce has been talking about for a while and really motivating me to adopt in our pursuit of technological adoption.  QR Codes.

According to SearchEngineLand.com “They come to us from Japan where they are very common. QR is short for Quick Response (they can be read quickly by a cell phone). They are used to take a piece of information from a transitory media and put it in to your cell phone. You may soon see QR Codes in a magazine advert, on a billboard, a web page or even on someone’s t-shirt. Once it is in your cell phone, it may give you details about that business (allowing users to search for nearby locations), or details about the person wearing the t-shirt, show you a URL which you can click to see a trailer for a movie, or it may give you a coupon which you can use in a local outlet.”

What intrigues me most is their application in real estate on listings, real estate signs in the street, open house announcements, photos of the interior of a home, etc.  Its really intriguing technology that I hope to adopt as rapidly as possible and recommend other Realtors out there do as well.

For a QR-Code Generator I recommend http://qrcode.kaywa.com/.

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