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Two pieces from today's Washington Business Journal, both for subscribers only, tell of difficulties for two of Near Southeast's developers:
* Opus East, which birthed 100 M and the under construction 1015 Half, is "teetering on the verge of bankruptcy" because the "U.S. General Services Administration has refused to pay the developer for 'even one penny' of the more than $35 million the company has invested in erecting a new federal building in College Park." Its parent company, Opus Corp., is exploring bankruptcy or restructuring for Opus East and Opus West--two other Opus companies went into Chapter 11 this spring. The article also says that Opus East's deal with MayfieldGentry Realty Advisors of Detroit to buy 100 M fell through in May; but 1015 Half is, for now, "continuing in full swing."
* And Monument Realty is having trouble, though not on Half Street--"At the end of May, at least three contractors filed suit in D.C. Superior Court to enforce more than $1.3 million in mechanic's liens the contractors filed against the last of three condominium buildings Monument is building at Potomac Place Tower near the Southwest waterfront. [...] At least one of the contractors is asking the court for a forced sale, if necessary, to collect amounts due."
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Evan says: (6/19/09 10:10 AM)
Do we know why GSA hasn't paid them/won't pay?


C says: (6/19/09 11:48 AM)
maybe they should have asked Obama while he was ordering his 5-guys burger


J says: (6/19/09 1:01 PM)
How much longer till Capitol Quarters follows these two's lead and files???


J says: (6/19/09 1:03 PM)
Does anyone know the status of Velocity condos? How far along are the units sales and projected completion date?


JD says: (6/19/09 2:24 PM)
Velocity is supposed to open in late August or September. I don't know what their sales total is at. All currently available residential units (lease and sale) are at about 60 percent leased/sold, according to the BID.

EYA says overall they are having their best sales in three years (not Capitol Quarter specifically).


MJM says: (6/19/09 3:37 PM)
Good luck getting info on Velocity's sales. Supposed to be Jun/Jul, most likely Dec

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City Government Data for Near Southeast Records added or updated recently displayed here; click the "archive" links to see additional detail and older records. All data from DC Government databases and RSS feeds. JDLand takes no responsibility for errors, omissions, etc. (read CapStat disclaimer). Data is retrieved daily.

Recent Crime Incidents Archive  
1000 B/O 3RD ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 11/01/19
1000 B/O NEW JERSEY AVE SE   THEFT FROM AUTO
Theft 2nd Degree (theft From Motor Vehicle)
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UNIT B/O I ST SE   THEFT FROM AUTO
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400 B/O M ST SE   THEFT
Shoplifting
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200 B/O I ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
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100 B/O H ST SE   MOTOR VEHICLE THEFT
Theft First Degree (Stolen Auto)
 10/28/19
900 B/O NEW JERSEY AVE SE   ROBBERY  10/28/19
100 B/O M ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 10/27/19
300 B/O TINGEY ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
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100 B/O H ST SE   ROBBERY  10/23/19
1400 B/O SOUTH CAPITOL ST   MOTOR VEHICLE THEFT
Theft First Degree (Stolen Auto)
 10/22/19
100 B/O K ST SE   MOTOR VEHICLE THEFT
Theft First Degree (Stolen Auto)
 10/21/19
70 B/O I ST SE   MOTOR VEHICLE THEFT
Theft First Degree (Stolen Auto)
 10/21/19

Recent Issued Building Permits Archive  
1331 2ND ST SE   
11/08/19 
DC WATER / CRAIG M COOK
B1907684 / CONSTRUCTION
Flood mitigation, seal openings, install brackets for stop logs, replace elevator shaft with concrete slab.
1300 4TH ST SE   
11/15/19 
ASANA PARTNERS / DEBRA MARSHALL; THE DONOHOE COMPANIES INC
B2001773 / CONSTRUCTION
ADD EXTERIOR DOOR, ADD INTERIOR DOOR , ANY RELAYED,ELECTRICAL,PLUMBING, RELOCATING UNBUILT APPROVED NON LOAD BEARING FIRE RATED PARTITIONS @ FIRST FLOOR APPROVED UNDER PERMIT #B1711970. ATTACHED
300 M ST SE SPACE B   
11/06/19 
FEDERAL CENTER LP / null
M2000403 / SUPPLEMENTAL
100 M ST SE SUITE 200 20003   
10/25/19 
MONUMENT REALTY LLC / null
E2001081 / SUPPLEMENTAL
100 M ST SE STE# 200   
10/25/19 
SQUARE 743 INC / MIGUEL A. MOROTE; MIGUEL A. MOROTE
E2001078 / SUPPLEMENTAL
300 M ST SE   
11/06/19 
FEDERAL CENTER LP / RUBEN MOVSISYAN; RUBEN MOVSISYAN
E2001472 / SUPPLEMENTAL
   
11/11/19 
FEDERAL CENTER LP / null
P2001215 / SUPPLEMENTAL
861 NEW JERSEY AVE SE   
11/05/19 
809-853 NEW JERSEY AVENUE ACQUISITION, LLC / JAVIER A GRACIA; NA NA
SB2000011 / CONSTRUCTION
Drilling and installation of 3 inclinometers which will be extended to a depth of 25 below existing site grade as well as the installation of 4 settlement optical monitoring points which will be extended to depths ranging between 5 feet to 30 feet below existing site grades.
   
11/15/19 
CSX TRANSPORTATION INC / ERICKA CLARK; DGS CONSTRUCTION
TC2000008 / CONSTRUCTION
(2) tower cranes
1100 NEW JERSEY AVE SE 1ST   
11/04/19 
SQUARE 742 LLC / JAMES W. LASHER; JAMES W. LASHER
E2001381 / SUPPLEMENTAL
1100 NEW JERSEY AVE SE 410 20003   
10/24/19 
WILLIAM SNOODT / null
P2000729 / SUPPLEMENTAL
1100 NEW JERSEY AVE SE   
11/01/19 
SQUARE 742 LLC / ;
P2000952 / SUPPLEMENTAL
   
11/05/19 
SQUARE 742 LLC / BETSY H MARINO; RICHARD PEPPER; BETSY H MARINO
SG2000062 / CONSTRUCTION
Remove Alion sign and replace with illuminated wall sign reading SERCO
1111 NEW JERSEY AVE SE   
11/15/19 
GALLERY CAPITOL RIVERFRONT PROPERTY LLC / TANYA HILL; THYSSENKRUPP
ER2000366 / SHOP DRAWING
REPLACE EXISTING 8MM WORN HOIST CABLES WITH LIKE IN KIND ON ELEVATOR #4. WORK TO ALLOW UNIT TO BE RETURNED TO SERVICE.
1299 NEW JERSEY AVE SE   
11/12/19 
BROOKFIELD DEVELOPMENT / JUSTIN BELLOW
BP2000489 / POST CARD
71 POTOMAC AVE SE   
11/08/19 
RIVERFRONT HOLDINGS II, LLC / JAMES VANEGAS
AH2000075 / CONSTRUCTION
Perform interior and exterior construction activities. New construction 14-story new residential multi-family building.
201 TINGEY ST SE   
11/14/19 
BROOKFIELD PROPERTIES / DFM DEVELOPMENT SERVICES, LLC
AH2000197 / CONSTRUCTION
Afterhours work at Tingey Square Project. The work performed will be forming, prepping and paving at Tingey Square park. Friday and Saturday the 15th & 16th, from 7PM to midnight. If required, Sunday the 17th from 7AM to 3PM. ANC Support provided. Associated Permit Include PA328164-R1 and PA10760162.
520 TINGEY ST SE   
10/30/19 
UNITED STATES OF AMERICA / JOHN WICKLIFFE; TBD
TN2000020 / CONSTRUCTION
Install 100ft x 90ft Tent No Cooking, No Propane, No Stages, No Smoking Installed Feb 9, 2020 - Aug 4, 2020 Events Daily 8:00 am - 10:00 pm
AH = After Hours; B = Alteration & Repair; D = Demolition; E = Electrical; FB = Boiler; M = Mechanical; P = Plumbing and Gas; PC = Post Card; R = Raze; SG = Sign; TL = Tenant Layout; TN = Tent; RW = Retaining Wall;

Real Property Sales Archive  
No commercial transaction records added or modified in the past two weeks.


Project Directory
Completed
Novel South Capitol ('19)
Yards/Guild Apts. ('19)
Capper/The Harlow ('19)
New DC Water HQ ('19)
Yards/Bower Condos ('19)
Virginia Ave. Tunnel ('19)
99 M ('18)
Agora ('18)
1221 Van ('18)
District Winery ('17)
Insignia on M ('17)
F1rst/Residence Inn ('17)
One Hill South ('17)
Homewood Suites ('16)
ORE 82 ('16)
The Bixby ('16)
Dock 79 ('16)
Community Center ('16)
The Brig ('16)
Park Chelsea ('16)
Yards/Arris ('16)
Hampton Inn ('15)
Southeast Blvd. ('15)
11th St. Bridges ('15)
Parc Riverside ('14)
Twelve12/Yards ('14)
Lumber Shed ('13)
Boilermaker Shops ('13)
Camden South Cap. ('13)
Canal Park ('12)
Capitol Quarter ('12)
225 Virginia/200 I ('12)
Foundry Lofts ('12)
1015 Half Street ('10)
Yards Park ('10)
Velocity Condos ('09)
Teague Park ('09)
909 New Jersey Ave. ('09)
55 M ('09)
100 M ('08)
Onyx ('08)
70/100 I ('08)
Nationals Park ('08)
Seniors Bldg Demo ('07)
400 M ('07)
Douglass Bridge Fix ('07)
US DOT HQ ('07)
20 M ('07)
Capper Seniors 1 ('06)
Capitol Hill Tower ('06)
Courtyard/Marriott ('06)
Marine Barracks ('04)


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