Since January, 2003
            
 (a random before-and-after moment)
May 12, 2007
August 29, 2015
2nd (West) at K, Looking North-Northeast (see more)

A press release sent out on Tuesday is trumpeting the sales of two of the buildings in the "Capitol Yards" lineup, 909 New Jersey and the Axiom at 100 I Street, the completion of a pending deal that I first wrote about in January. However, back then, residents in Axiom's sibling, the Jefferson at 70 I, were also notified that their building was under contract, but that deal apparently didn't complete with the other two. The 448-unit Jefferson was the priciest of the three offers, at about $165 million, compared to about $94 million for the 245-unit Axiom and $95 million for the 237-unit 909.
Did the Jefferson's residents go out back with metal detectors and find the $165 million needed to purchase the property themselves? Or are there a few more i's to dot and t's to cross to finish the deal? Or is something else afoot?
In the 100 I and 909 New Jersey sales, the buyers are "institutional investors advised by J.P. Morgan Asset Management."
The three buildings were completed by JPI back in 2008 and 2009, but the recession hit the company hard and eventually two of its executives boltered to partner with folks from Akridge to form the Jefferson Apartment Group. But 70/100/909 apparently remained part of JPI's holdings, as did the empty lot at 23 I Street where JPI's fourth apartment building had been planned, until it was foreclosed upon and picked up by Ruben Companies in late 2009. The three buildings, completed in 2008 and 2009, have been managed by Greystar ever since JPI sold its property management division to the company.
UPDATE: I'm hearing chatter that residents of 70 I did form a tenant association to attempt to buy the building themselves, which then adds some additional time to the deal to allow the residents to find financing to match the initial offer. Anyone from the building want to chime in?
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Alan says: (5/2/12 11:41 AM)
A tenant association was formed at 70 I St with the help/prodding/urging of a law firm (Venable, I believe) and there were near-weekly meetings urging residents to join the association and then...nothing. There was a notice posted about electing officers but that meeting was held at the law firm and it's been silence ever since.

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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  
1200 B/O 4TH ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 08/17/16
1000 B/O HALF ST SE   THEFT
Theft First Degree (all Other Larceny)
 08/16/16
700 B/O L ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 08/15/16
1400 B/O SOUTH CAPITOL ST   THEFT
Theft 2nd Degree (all Other Larceny)
 08/14/16
16 B/O M ST SE   ROBBERY  08/12/16
1000 B/O 5TH ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 08/09/16
1200 B/O 1ST ST SE   THEFT
Theft First Degree (shoplifting)
 08/08/16
50 B/O M ST SE   THEFT FROM AUTO
Theft 2nd Degree (theft From Motor Vehicle)
 08/02/16
600 B/O I ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 08/02/16
700 B/O L ST SE   ROBBERY  08/01/16
400 B/O M ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 07/29/16
700 B/O L ST SE   ROBBERY  07/28/16

Recent Issued Building Permits Archive  
1150 5TH ST SE 20002   
08/11/16 
ALAN J PHELPS / DOUGLAS FOSTER
B1509540 / CONSTRUCTION
1. Renovation of existing first and second floor of the academic wing of the Van Ness building. 2. Square footage is approximately 26,000 SF ,For phase 1 3. Cost of construction is 11.5M 4. Scope of work details a. Convert existing space in to 6 new classroom space. These classrooms will be two PreK -3, two prek-4, and two Kindergarten classes. Also for phase 1,...
1150 5TH ST SE   
08/12/16 
DISTRICT OF COLUMBIA / JOHN HOMICK
E1609156 / SUPPLEMENTAL
   
08/12/16 
DISTRICT OF COLUMBIA / MATT LOSIGNOR
P1608656 / SUPPLEMENTAL
   
08/12/16 
DISTRICT OF COLUMBIA / ORLANDO M CATANA
E1609149 / SUPPLEMENTAL
82 I ST SE   
08/15/16 
GDCV EYE STREET LLC / GDCV EYE STREET LLC; KIM MITCHELL CDKM CONSULTING LLC
B1611941 / CONSTRUCTION
FIRST EXTENSION TO PERMIT B1507990 TO EXPIRE ON 3 / 17 / 17
   
08/15/16 
CSX TRANSPORTATION INC / BEDCO MOBILITY INC.
EN1602806 / SHOP DRAWING
Type of Elevator : One (1) vertical wheel-chair lift / steel / garage level 2 / handicap lift (13th floor)
125 L ST SE   
08/11/16 
CRANE SERVICE CO / CRANE SERVICE CO; CHRISTINE LONG
AH1600945 / CONSTRUCTION
An after hours permit is respectfully requested from 4AM Saturday thru 9PM Sunday
80 M ST SE 1   
08/10/16 
WELLS REIT II 80 M STREET LLC / THOMAS B. STEG
P1608566 / SUPPLEMENTAL
80 M ST SE 2   
08/10/16 
WELLS REIT II 80 M STREET LLC / THOMAS B. STEG
P1608568 / SUPPLEMENTAL
80 M ST SE 3   
08/10/16 
WELLS REIT II 80 M STREET LLC / THOMAS B. STEG
P1608569 / SUPPLEMENTAL
100 M ST SE PT OF 4TH   
08/11/16 
QUARE 743 INC . / QUARE 743 INC .; JOHN GIUSEPPE-RAMCO
B1611810 / CONSTRUCTION
renovation to parts of an existing 4th floor office space, tech marine business as shown on the attached mech., plumb., elect., fire protection, demolition, and arch. dwgs. interior work only. no change in use. no struct. work. 800 sf.
300 M ST SE   
08/06/16 
FGSF TEST
PC92978992 / POST CARD
Installation of 1 temporary construction trailer on private property.
   
08/06/16 
SDS SDSDS / LAVANYA SIKHINAM; SDS SDSDS; ENRIQUE LYON
E90011839 / SUPPLEMENTAL
   
08/07/16 
XVB XVBX / FSGVSF SFGS; XVB XVBX; DAVID FARMER
E77515115 / SUPPLEMENTAL
909 NEW JERSEY AVE SE 1311   
08/11/16 
null / NA NA NA
EHOP1690902 / HOME OCCUPATION
861 NEW JERSEY AVE SE   
08/09/16 
NA CSX TRANSPORTATION, INC.
AH1600944 / CONSTRUCTION
Work in public ROW within the Virginia Avenue Tunnel Reconstruction Project LOD for utility, demolition, and concrete structure construction activities.
1111 NEW JERSEY AVE SE   
08/11/16 
null / THOMAS P MCGUIRE
E1609117 / SUPPLEMENTAL
385 WATER ST SE   
08/12/16 
FC 385 WATER LLC / STEPHEN J. EXELBERT
P1608654 / SUPPLEMENTAL
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  
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Project Directory
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Dock 79 ('16)
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Hampton Inn ('15)
Southeast Blvd. ('15)
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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)
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70/100 I ('08)
Nationals Park ('08)
Seniors Bldg Demo ('07)
400 M ('07)
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20 M ('07)
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