Since January, 2003
            
 (a random before-and-after moment)
April 2, 2006
September 9, 2012
3rd Place at L, Looking 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  
1100 B/O NEW JERSEY AVE SE   THEFT
Theft 2nd Degree (theft From Building)
 06/24/16
400 B/O M ST SE   THEFT
Theft 2nd Degree (theft From Building)
 06/23/16
250 B/O L ST SE   MOTOR VEHICLE THEFT
Theft First Degree (Stolen Auto)
 06/23/16
UNIT B/O L ST SE   MOTOR VEHICLE THEFT
Theft First Degree (Stolen Auto)
 06/23/16
1200 B/O 1ST ST SE   THEFT
Theft First Degree (theft From Building)
 06/23/16
800 B/O 3RD ST SE   THEFT FROM AUTO
Theft 2nd Degree (theft From Motor Vehicle)
 06/22/16
900 B/O 5TH ST SE   ASSAULT WITH A DANGEROUS WEAPON  06/21/16
1000 B/O NEW JERSEY AVE SE   THEFT FROM AUTO
Theft First Degree (theft From Motor Vehicle)
 06/21/16
400 B/O M ST SE   ASSAULT WITH A DANGEROUS WEAPON  06/19/16
1100 B/O NEW JERSEY AVE SE   THEFT
Theft 2nd Degree (all Other Larceny)
 06/19/16
1000 B/O 1ST ST SE   THEFT FROM AUTO
Theft 2nd Degree (theft From Motor Vehicle)
 06/17/16
1100 B/O NEW JERSEY AVE SE   THEFT
Theft 2nd Degree (all Other Larceny)
 06/17/16
700 B/O L ST SE   ROBBERY  06/17/16
1100 B/O 8TH ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 06/14/16
UNIT B/O I ST SE   ROBBERY  06/13/16
250 B/O K ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 06/10/16
100 B/O K ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 06/09/16
1200 B/O HALF ST SE   THEFT FROM AUTO
Theft 2nd Degree (theft From Motor Vehicle)
 06/09/16
1000 B/O 4TH ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 06/06/16
1100 B/O NEW JERSEY AVE SE   THEFT
Theft 2nd Degree (all Other Larceny)
 06/05/16
100 B/O K ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 06/04/16
1100 B/O NEW JERSEY AVE SE   THEFT
Theft 2nd Degree (theft From Building)
 06/04/16
150 B/O L ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 06/04/16
300 I ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 06/02/16
1000 B/O 1ST ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 05/31/16
1200 B/O 1ST ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 05/30/16
300 B/O TINGEY ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 05/29/16
1000 B/O 2ND PLACE SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 05/29/16
1400 B/O SOUTH CAPITOL ST   THEFT
Theft 2nd Degree (all Other Larceny)
 05/26/16

Recent Issued Building Permits Archive  
1277 1ST ST SE   
06/15/16 
MILLER&LONG MILLER&LONG
AH1600794 / CONSTRUCTION
afterhours to take down tower crane with 200 ton mobile crane saturday 6 / 18 / 2016 5am to 9pm 6 / 19 / 2016
1005 3RD PL SE FLOOR 2   
06/09/16 
PETER D TRIFU / JERONE SCOTT
P1606869 / SUPPLEMENTAL
1017 3RD PL SE   
06/09/16 
null / NA NA NA
EHOP1690733 / HOME OCCUPATION
1212 4TH ST SE   
06/20/16 
FC 1212 LLC / null
P1607144 / SUPPLEMENTAL
1000 5TH ST SE   
06/22/16 
UNITED STATES OF AMERICA / null
P1607205 / SUPPLEMENTAL
1240 12TH ST SE   
06/13/16 
AECOM TECHNICAL SERVICE / AECOM TECHNICAL SERVICE; KTT PERMIT EXPEDITER, LLC
B1609254 / CONSTRUCTION
2nd extension of existing permit B1503361 to expire 01 / 14 / 2017
1000 HALF ST SE   
06/14/16 
TOLL BROTHERS CITY LIVING TOLL DC PHASE III / TOLL BROTHERS CITY LIVING TOLL DC PHASE III; STEVE ADAMCHAK ECS MID-ATLANTIC, LLC
SB1600266 / CONSTRUCTION
We will perform a total of 1 soil boring on the proposed site to a depth of 75 feet below existing grades. The boring will be located within the bounds of the private property. The boring will be drilled utilizing 4.25 hollow stem, continuous flight augers and / or mud rotary drilling. The boring will be performed utilizing a truck-mounted drill rig and will generate an approximate 6 inch annul...
1210 HALF ST SE   
06/14/16 
HINES GLOBAL / ALAN CARTER; HINES GLOBAL; ALAN CARTER
E82561999 / SUPPLEMENTAL
   
06/21/16 
HINES GLOBAL REIT 55 M STREET LLC / MATT LOSIGNOR
P1607182 / SUPPLEMENTAL
70 I ST SE APT 413   
06/17/16 
null / NA NA NA
EHOP1690749 / HOME OCCUPATION
70 I ST SE   
06/21/16 
70 EYE STREET ACQUISITION LLC / FUJITEC AMERICA
ER1602585 / SHOP DRAWING
Replace MRL hoist machine on elevator #2 Condition : Submit License Application EIN 22-2190685 Estimated Cost $15,000
601 L ST SE   
06/15/16 
RICHARD V CAREY
P1607063 / SUPPLEMENTAL
   
06/15/16 
TIMOTHY S CLEMONS
M1602419 / SUPPLEMENTAL
99 M ST SE   
06/06/16 
BALL PARK SQ JOE MARCHIO
AH1600606 / CONSTRUCTION
The work will begin on 4 / 14 and go till 5 / 14 and work hours will be 7pm - 5am
   
06/07/16 
BALLPARK SQUARE 701 LLC / NA BALLPARK SQUARE 701 LLC; LP CONSULTING SERVICES
AH1600767 / CONSTRUCTION
Work after hours from 7pm-7am Monday-Friday in conjunction with building permit B1503519 & DDOT PA97876
100 M ST SE   
06/11/16 
SQUARE 743 INC AND 100 M ST SE LLC / CHRIS HEARD; SQUARE 743 INC AND 100 M ST SE LLC; ASCHALEW ASAMINEW
E56805736 / SUPPLEMENTAL
   
06/20/16 
SQUARE 743 INC / GREGORY E LIGON
E1607378 / SUPPLEMENTAL
1200 NEW JERSEY AVE SE 3 20024   
06/15/16 
JBG/FEDERAL CENTER LLC / MARK A. PELUSO
E1607254 / SUPPLEMENTAL
1200 NEW JERSEY AVE SE 3RD 20024   
06/13/16 
JBG/FEDERAL CENTER LLC / null
P1606958 / SUPPLEMENTAL
1000 NEW JERSEY AVE SE   
06/08/16 
CHARLES J MURPHY / FREDERICK SAVAGE; CHARLES J MURPHY; FREDERICK SAVAGE
E11170434 / SUPPLEMENTAL
   
06/10/16 
CAPITOL HILL TOWER HOUSING COOPERATIVE INCF / RANDALL W GREER
P1606933 / SUPPLEMENTAL
   
06/15/16 
null / JEAN FRANCOIS MEFORT
PC56593839 / POST CARD
Installation of not more than 1 new air conditioning unit, up to a maximum of 10-tons of equivalent refrigerating effect.
1100 NEW JERSEY AVE SE   
06/22/16 
SQUARE 742 LLC / SQUARE 742, LLC SPAULDING AND SLYE, STE 100; TEMPEST, LLC
B1609629 / CONSTRUCTION
Interior cosmetic remodel to include ADA upgrade modifications, minor electrical work per installations and relocations.
1111 NEW JERSEY AVE SE   
06/07/16 
NJA ASSOCIATES LLC / STEVE ADAMS; NJA ASSOCIATES LLC; STEPHEN ADAMS
E73763756 / SUPPLEMENTAL
   
06/20/16 
NJA ASSOCIATES LLC / NJA ASSOCIATES LLC; N/A
SG1600285 / CONSTRUCTION
Install 2 signs on building LED----- 1. address 1111 on building entrance canopy 2. Letters IOM on New Jersey Ave building face side between 9th and 12th floors.
25 POTOMAC AVE SE   
06/06/16 
RIVERFRONT INVESTMENT PARTNERS
B1609012 / CONSTRUCTION
2nd Extension to Building Permit B1408697 to expire 12 / 06 / 2016
   
06/20/16 
RIVERFRONT HOLDINGS I LLC / ; NONE
SG1600336 / CONSTRUCTION
INSTALL 6 SIGNS AS PER PRINT
1244 SOUTH CAPITOL ST SE   
06/06/16 
1244 SOUTH CAPITOL RESIDENTIAL, L.L.C. / null
P1606761 / SUPPLEMENTAL
   
06/09/16 
1244 SOUTH CAPITOL RESIDENTIAL, L.L.C. / DONALD V. ELLENBERGER
M1602333 / 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  
No commercial transaction records added or modified in the past two weeks.


Project Directory
Completed
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 Capitol ('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)


Overviews
Capper/Carrollsburg
Anacostia Riverwalk
New Jersey Avenue
M Street
South Capitol Street
The Yards
Lower 8th Street
East M Street
Boathouse Row





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