The D.C. Real Estate Guide

No surprise: D.C.’s most expensive condominium unit that traded last year sold for $5.75 million at 3303 Water St. NW, the luxurious building perched over the Potomac River. Developed by EastBanc Inc., the 70-unit building overlooks the Rosslyn cityscape and features a 24-hour concierge service and heated pool. It also boasted the highest price per square foot […]

Co-op owners do not own real estate because stock is personal property.
A co-op, short for cooperative, is a corporation that offers prospective purchasers shares of stock for the title to the land and building. The price of each stock is what the corporation sets for the price of each apartment.  Shareholders receive a proprietary lease for the duration […]