A recent study by JLL reveals that Maine Avenue has become the most expensive street in Washington, DC, surpassing Pennsylvania Avenue. This is the first time Maine Avenue has appeared in the top five most expensive streets in the district. The rise in value is attributed to the opening of the Wharf in 2017 and the presence of four office buildings with waterfront views.
If President Joe Biden wanted to live on DC’s most expensive street , he’d have to move the White House to the Wharf . JLL , the study
found that Maine Avenue—located in Southwest and stretching from the National Mall, past The Anthem, to Arena Stage alongside the Potomac—has supplanted Pennsylvania Avenue as the District’s most pricey address. This is the first time that Maine Avenue has even appeared in the top five most expensive streets in the District in JLL’s rankings, which began in 2005 and have been released every 4 or 5 years since. It’s a reflection of the youth of the neighborhood itself, the Wharf only having opened up in 2017.
“These are very small areas within a submarket that make them special, and that are pushing up the rates,” Shaffer said.DC Cyclists Aren’t Giving Up on Connecticut Avenue Bike LanesEverything to Know About Last Night’s White House State Dinner
Maine Avenue Pennsylvania Avenue Washington DC Expensive Street JLL Wharf Waterfront Views
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Maine sheriff had probable cause to detain Maine gunman before mass shooting, independent report claimsU.S. Army and law enforcement officials had probable cause necessary to take the Lewiston, Maine, mass shooting perpetrator into custody before he committed the heinous crime.
Read more »
2 hurt when parapet collapses into scaffold in BrooklynIt happened just before 2 p.m. at Stuyvesant Avenue and Greene Avenue.
Read more »
Dogecoin, Shiba Inu-Led Meme Economy Hits $56 Billion as Cycle PeaksTotal market capitalization for meme coins surpasses $56 billion
Read more »
White House announces new student loans moves and defends high cost to taxpayersDepartment of Education announces another $7.4 billion in debt transfers, total surpasses $150 billion.
Read more »
Thousands line Greenville Avenue for Dallas Mavs' St. Patrick's paradeOrganizers of the 2024 Dallas Mavs St. Patrick's Parade & Festival said it would go on, rain or shine, and it did: Thousands showed up for Saturday's…
Read more »
Russia's presidential election surpasses 2018 turnout, exceeding 70%Voting for Russia's next president witnesses high turnout over three days, with President Putin seeking fifth term amidst reports of cyberattacks and protests.
Read more »