I know nothing more than this right now, but the WMATA board just within the past minute voted unanimously to approve the settlement of the lawsuit brought against them by Monument Realty over the sale of the Southeastern Bus Garage
at Half and M. The discussion was all held in executive session, and the audio feed of the vote contained no details of the settlement, but I imagine the media will be picking it up soon. More as I get it, so keep checking back. Read yesterday's preview entry
for background on the story.
UPDATE, seconds later:
With the darn WBJ RSS feed not working, I missed this from about 40 minutes ago
: ""Monument Realty and Akridge will split a key Metro-owned property near Nationals Park under a proposed legal settlement. [...] Monument will pay $22.6 million for a parcel on Van Street SE, while Akridge will pay $46.5 million for the Metro bus garage on the site, said Candace Smith, a WMATA spokeswoman." The Van Street site is the parking lot (Nats lot "M") just south of the Domino's site already owned by Monument. This means that the Public Space Storage building would be the only parcel on the block bounded South Capitol, Van, M and N not owned by Monument. Akridge would not gain control of the entire west side of Half Street with its acquisition of the bus garage: Monument owns the southernmost portion, directly across N Street from the ballpark, up to the alley where the On the Fly vending cart sets up shop.