Category: Real Estate

Washington Revels Headquarters Listed For Sale, May Force a Move

The Washington Revels’ headquarters building has been listed for sale, a development that may require the organization to move out, according to Revels Executive Director Greg Lewis. “The expectation is that the buyer will not be an investment buyer,” he said,  “in which case, if it were, it might be a scenario where a lease rate could be worked out and we could stay.”

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Council Votes to Limit Residential Rent Increases During COVID-19 Emergency

The County Council voted to limit residential rent increases during the COVID-19 health emergency and for 180 days after the emergency’s expiration. Expedited Bill 18-20, the COVID-19 Renter Relief Act, prohibits landlords from increasing rents on lease renewals more than the county’s Department of Housing and Community Affairs’ rent guidelines of 2.6 percent.

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Bill Would Prohibit Residential Rent Increases During COVID-19 Emergency

Landlords would not be permitted to increase residential rents during the COVID-19 emergency under the terms of a bill introduced yesterday by Councilmember Will Jawando (D-At Large). Expedited Bill 18-20, Landlord-Tenant Relations – Rent Stabilization During Emergencies (the COVID-18 Renter Relief Act) also would prevent rent increase notices for 30 days after the emergency ends.

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Council Passes Bill to Require Air Conditioning in Rental Units

All rental units in the county will be required to provide air conditioning under the terms of a bill passed unanimously yesterday by the County Council. The bill will require that individual air conditioning units, or a central air conditioning system, be maintained in good working condition to provide an inside temperature of 80 degrees or less from June 1 through Sept. 30.

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University to Consolidate Operations in Silver Spring

A Puerto Rico-based university will consolidate and expand its local offerings in the Inventa Towers in downtown Silver Spring. Ana G. Méndez University has agreed to lease 28,500 square feet of space in the former Discovery headquarters and plans a May 2020 opening, according to a press release from the Montgomery County Economic Development Corporation.

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Developer Hires Consultant for Food Hall/City Market in Apartment Project

Washington Property Company has entered into a contract with Colichio Consulting to assist with the establishment of a food hall/city market in its next Silver Spring apartment project, Solaire 8200 Dixon, the company announced. The market concept was first revealed by in May by Charles K. Nulsen III, WPC president, in an interview with the Source.

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Takoma Park Adopts Housing, Economic Development Plan

The Takoma Park City Council has adopted a long-term housing and economic development strategic plan, city officials announced. The 2019-2030 Housing and Economic Development Strategic Plan is designed to be a “coordinated approach needed to move Takoma Park towards a ‘Livable Community for All’ for this and future generations,” according to the introduction.

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Hospital Closing Represents a “Once in a Lifetime” Opportunity, Mayor Says

While the city is not thrilled to see Washington Adventist Hospital close, it does represent a “once in a lifetime” opportunity, according to Takoma Park Mayor Kate Stewart. The hospital will close Sunday, Aug. 25. Adventist HealthCare will open an urgent care center in the former emergency department at 7 a.m. Monday, Aug. 26.

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Council Passes Zoning Changes for Accessory Dwelling Units

The County Council yesterday unanimously passed a zoning text amendment to make it easier for homeowners to add accessory dwelling units to their property. An ADU is a separate dwelling unit that is on the same lot as a single dwelling unit with its own entrance, full kitchen and bathroom. The ADU tenant does not have access to the rest of the home. Examples include an apartment over a garage, a basement apartment (known as an “English basement”), an in-law suite, or a so-called tiny house on a side lot.

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