Yikes, I’m a little late on this one. But thanks to Marco for alerting me to the news. DC Mud reported last Wed. “Metro Properties Inc. has just announced that the Allegro Condominiums, their 297 unit project at 3460 14th street in Columbia Heights, has joined the tide of condo conversions and is now destined to become an apartment building.”
So it begs the question: Do you think the condos being built over the Petworth metro will remain condos or go rental too? I think even if there is a conversion to rental it will be good for the neighborhood as there will still be lots of folks moving in to patronize the existing and soon to be establishments. How do you guys interpret the news for Columbia Heights, Petworth and the general trend?
And of course Happy President’s Day!