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The National Trust put the building up for sale in mid-2009. The organization said it had outgrown the 60,000 square feet (5,600 m 2) building and needed about 80,000 square feet (7,400 m 2) of space. Real estate experts believed the structure would sell for $1,000 a square foot, or $60 million.
The company has developed more than 15,400 apartments and condominiums within 65 communities. Over the last five years Kettler's condominium communities in North Bethesda, Maryland, and Reston, Arlington and Alexandria, Virginia, were the Washington, DC Metropolitan area's top selling projects with gross sales in excess of $700 million.
A studio apartment, or studio condo [1] also known as a studio flat , self-contained apartment , efficiency apartment, bed-sitter , or bachelor apartment, is a small dwelling in which the normal functions of a number of rooms – often the living room, bedroom, and kitchen – are combined into a single room.
The Beaux-Arts luxury apartment building was designed by B. Stanley Simmons, for Lester A. Barr. The building has two wings: The first was built in 1905, and the second wing was constructed in 1911. [3] In 1982, Barr's grandson sold the building for $6.3 million to developers, who converted it to condominiums.
The 150-unit apartment building is not perfect, but it does meet some town goals, council members said. Chapel Hill signs off on high-rise apartments downtown with affordable housing, retail Skip ...
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