Gravy Boat

Record High Prices for Two D.C. Luxury Condos

July 12, 2012

The Presidential Penthouse at The Residences at The Ritz-Carlton in Washington, D.C.’s exclusive West End, sold for $5.5 million dollars, a record for any off-water apartment in Washington, D.C. The elegant residence of 5,664 square feet includes five bedrooms, six full baths, marble floors, custom mahogany paneling, three balconies, and a butler’s pantry leading to a separate service entrance for catering, room service and other hotel amenities.

Watergate Residence (Photo by: Washington Fine Properties) Watergate Residence

The  condominium was listed and sold by the Washington Fine Properties (WFP) team of Ellen Morrell, Matt McCormick and Ben Roth. Mr. Roth stated, “This was a very unique property for Washington, as there are very few condominiums of that size, completely renovated with high-end custom finishes.”

At the world-renowned Watergate complex, located on the banks of the Potomac River, WFP sold a luxuriously renovated apartment for $3.1 million dollars, a record sale price in the Watergate’s history.

The architectural firm of Outerbridge Horsey Associates reconfigured and redesigned two and one-half apartments into one unique and magnificent residence, considered by many to be Washington, D.C.’s finest apartment. 

View from Watergate Residence (Photo by: Washington Fine Properties) View from Watergate Residence

The details include custom oak and walnut inlay floors, marble flooring, a custom kitchen, custom cabinetry and paneling, balcony garden design and Waterworks baths.  This unit includes three bedrooms, a spacious living room, a dining room that seats 10, and a library and kitchen with a family room. All living spaces have access to the curved balcony garden that wraps around the residence with the finest views of Washington’s skyline.  Susie Gordon Maguire represented the seller. "It was a privilege to market a property where every detail exceeded expectations. Washington, D.C. has rarely seen a property so exquisite and well designed,” said Ms. Maguire.


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Time to Bury the District's Power Lines?

July 2, 2012

Unless you're only now returning from vacation (from another continent) you know someone who's lost a tree, thrown out everything in their refrigerator or spent the weekend at a hotel. Or all of the above.

With the exception of most of Georgetown, the Washington, D.C. Metropolitan area has been hit with triple digit temperatures while struggling to recover from "The 2012 Derecho."

Monday, D.C. Mayor Vincent Gray said what alot of us have been thinking, according to WJLA.com, "he lashed out at Pepco ... saying that it might be time to revisit the idea of burying power lines in the District. More than 40,000 Pepco customers remain without power and some may wait for several more days."

Read more here.


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The Georgetown Dash

June 19, 2012

On Thursday, June 21, you'll be seeing a one hour run through the neighborhood, appropriately called The Georgetown Dash.

On biking trails and past retail shops and restaurants, the event will highlight what's special about Georgetown, engage the participants, while having fun and getting a great workout.

All of the proceeds go to Girls on the Run DC. For more information and to register, visit Georgetown Dash


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