Foulger-Pratt Acquires 1425 New York Avenue Building to Convert and Redevelop Into 255-Unit Class-A Multifamily Residential Community

WASHINGTON, DC - Foulger-Pratt, based in Potomac, Md., has acquired 1425 New York Avenue, N.W. in Washington, D.C., and will convert and redevelop the office building into a Class-A multifamily residential property. With 13 stories and four underground levels of parking, the building is 287,000 GSF. After redevelopment, it will have approximately 255 rental units across 280,000 GSF.
The zoning for conversion to multifamily is by right. Designs are expected to be finalized and building permits...

Related Keywords

Virginia ,United States ,Washington ,World Bank ,District Of Columbia ,Alexandria ,Al Iskandariyah ,Egypt ,Capitol Hill ,White House ,Silver Spring ,Cameron Pratt ,David Govshtein ,Rosslyn Ballston ,International Monetary Fund ,Eagle Bank ,National Landing ,Office Buildings ,Federal Reserve ,Treasury Department ,Metro Center ,York Avenue ,East End ,Central Business ,Executive Office Buildings ,Mcpherson Square ,Northern Virginia ,Managing Partner ,Managing Director ,Crowdstreet ,C ,Foulger Pratt ,