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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4 days ago |
bisnow.com | Jon Banister
More than 18 months after D.C.'s attorney general sued 14 of the city's corporate landlords in 2023 for operating a “rent-setting cartel” with software company RealPage, a defendant — one of the District's largest developers — has reached a settlement. WC Smith developed the 419-unit Avec building on H Street NE that opened in 2020.
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1 week ago |
bisnow.com | Jon Banister
The fight over one of D.C.’s most controversial housing laws came into full view Wednesday, but the battle lines weren’t clear-cut between landlords and tenants. The D.C. Council’s Committee on Housing held a 13-hour public hearing on a series of housing-related bills, with more than 180 speakers representing some of the biggest names in the housing industry and the tenant advocacy space.
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3 weeks ago |
bisnow.com | Jon Banister
An investor who has owned a corner office building on K Street for nearly 20 years is spending millions of dollars to upgrade his property and compete in the tightening high-end office market. An artistic illustration — not a final rendering — of the two-story loggia feature planned at 1275 K St. NW. Rafael Etzion, the majority owner of 1275 K St. NW, and partner Altus Realty are moving forward with a $25M project to upgrade the building.
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3 weeks ago |
bisnow.com | Emily Wishingrad |Jon Banister
Carr Properties, a Washington, D.C.-based commercial real estate developer that has built some of the city's largest office projects, is preparing to shed a big chunk of its portfolio as one of its major investors cashes out. J.P. Morgan Asset Management has owned a large share of Carr Properties since 2007 through a fund it manages on behalf of clients.
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1 month ago |
bisnow.com | Jon Banister
A bill that would make substantial changes to the way eviction cases are handled in D.C. — the city with the highest level of unpaid rent in the country — is heading to the mayor's desk. The John A. Wilson Building, home to the D.C. Council and the mayor's office. The D.C. Council on Tuesday passed the Emergency Rental Assistance Reform Amendment Act of 2025 with its second and final vote.
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Carr Properties, the developer of DC's Midtown Center complex and many other downtown offices, is set to unload a series of properties in an "unusual" deal with one of its longtime investors that is looking to exit. New from @EmilyWishingrad and me: https://t.co/gtwBruuLer
The D.C. council today gave final approval to a bill to change the city's eviction process by reforming the Emergency Rental Assistance Program. The final version included new amendments that had the support of real estate industry groups and the mayor: https://t.co/vvO9qDTiHL
Mayor Muriel Bowser today proposed $100M for DC's Housing Production Trust Fund as part of her FY2026 budget. This represents an increase from last year's $80M, which was diverted to stabilize existing distressed properties rather than produce new units: https://t.co/beYKq6zB3Y
