Photo via BZA files
The following was written by PoPville contributor David McAuley, founder of Short Articles about Long Meetings.
JP Morgan Moves to Protect Its Capitol Yards Real Estate
Advisory Neighborhood Commission (ANC) 6D/Waterfront has found a powerful ally – JP Morgan Asset Management – in its protest of zoning relief for a proposed new apartment building at 100 K Street SE.
The 150-year-old multinational has hired local attorneys Holland & Knight to represent the interests of the property next door at 909 New Jersey Avenue SE, which it bought on behalf of institutional investors in 2012.
The developers of 100 K Street SE, GH Group LLC, are proposing to raze the auto body shop currently on the site and build a 12-story mixed-use building with 34 apartments. According to DC zoning, no window in a new residential building of this type shall be within 40 feet of existing windows.
According to documents filed with DC authorities by GH Group’s attorney, Martin Sullivan of Sullivan & Barros LLC, the windows of the new building will not be within 40 feet. However, Commissioner Meredith Fascett (district 07) told the ANC that “we had measured it, and it seems like it will be within 40 feet”.
Fascett said that residents of the existing building would lose a considerable amount of privacy, and some windows in the existing building would have to be bricked over if the new building was built as proposed. In addition, many apartments would lose the sunlight they currently enjoy.
Attorney Sullivan was dismissive of arguments against the project.
“JP Morgan doesn’t own the sunlight,” Sullivan told the ANC.