Jon Banister
Deputy East Coast Editor at Bisnow
Deputy East Coast Editor @Bisnow based in D.C. Our daily newsletters: https://t.co/gmvv5z1guO | Boston native | UMD '16
Articles
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1 week ago |
bisnow.com | Jon Banister
A highly anticipated deal to bring Washington's NFL franchise back to D.C. is reportedly nearing the goal line. The 47,000-seat RFK Stadium stands 2 miles east of the U.S. Capitol. The Washington Commanders and Mayor Muriel Bowser's administration have a framework in place for a more than $3B deal to build a new stadium and surrounding development on the 174-acre RFK Stadium site, NBC4 reported.
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1 week ago |
bisnow.com | Jon Banister
WeWork has reached a deal to stay at the Rosslyn office tower CoStar Group bought for its headquarters, though it is moving to a smaller space in the building. The 31-story Central Place office tower at 1201 Wilson Blvd. in Arlington's Rosslyn neighborhood. The coworking firm extended its lease at 1201 Wilson Blvd. and is reducing its footprint from three floors to two floors totaling 48K SF, a WeWork spokesperson told Bisnow. The company declined to disclose the length of the lease term.
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2 weeks ago |
bisnow.com | Jon Banister
Montgomery County lawmakers are looking to catch up with neighboring D.C. in incentivizing developers to convert vacant offices to housing, but the county executive is pushing back.
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2 weeks ago |
bisnow.com | Jon Banister
Another institutional investor has shed a Washington, D.C.-area office building for a fraction of what it paid for it. The Ellipse office building at 4350 N. Fairfax Drive in Ballston. Nuveen sold the office building at 4350 N. Fairfax Drive in Arlington, two blocks from the Ballston Metro station, on April 1 to Arlington-based Rooney Properties for $20.2M, property records show. That price equates to $103 per SF for the 197K SF building.
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3 weeks ago |
bisnow.com | Jon Banister
Efforts to reform D.C.’s eviction laws in response to a surge in unpaid rent are one step closer to becoming reality. The D.C. Council on Tuesday passed the Emergency Rental Assistance Reform Amendment Act of 2025, a bill that aims to accelerate the process for evicting nonpaying tenants while ensuring those who qualify for emergency assistance can receive it and remain in their homes. It was the first of two votes required before the legislation reaches the mayor’s desk.
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The demolition of an elevated highway, combined with a new commuter rail line, are leading officials in Fall River — an old industrial city in southern Massachusetts — to plan a 1,500-unit development along the waterfront. Interesting story from @TayMDri: https://t.co/344TdzeK7H
The council passed the eviction bill this afternoon in the first of two votes, along with amendments that Frumin proposed. Landlord groups still have concerns with the bill, and Frumin said it may be further amended before the final vote in four weeks: https://t.co/aXd4Oi1DlS
The D.C. Council is scheduled to vote tomorrow on permanent changes to the city's eviction laws. Landlords had initially supported the bill, as it enshrines the October emergency law seeking to reverse the rising levels of unpaid rent in D.C. But now... https://t.co/QaQ9aPfnS8
RT @AlexKomaDC: Big fight shaping up on this ERAP bill today: Bowser says she won’t support this bill “in its current form” and real estate…