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Reply to "Do you know the story behind this partially framed house in Georgetown?"
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[quote=Anonymous]This is down the street from us. They were doing lots of work in fall, very busy work site. The site got hit with Stop Work orders maybe in January and it hasn't resumed construction. I'm assuming the developer ran out of money or maybe had their line of credit withdrawn. You can look up ownership and financing arrangements on the DC websites for property records. I'm sure there's a local agent who knows the story of what's happening. Frankly, the houses look like the workforce housing you see going up in Montana and ski towns for the workers who can't afford the market-rate rents anymore. [/quote]
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