Reply to Bowser Spreads the Wealth opens homeless shelters in each DC ward

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[quote=Anonymous][quote=jsteele][quote=Anonymous]By choosing to put the housing in expensive areas, she is choosing to pay twice what she would be paying in less expensive neighborhoods, therefore helping less people. It doesn't make sense at all. [/quote]

The Wisconsin Ave. location which I assume is in the area with the most expensive real estate does not appear to be the most expensive on a per unit basis. Here are some monthly rents I gathered from the leases. I guess there could be differences between units that account for some of the differences, so consider these to be pretty rough numbers:

Wisconsin Ave. NW: $3,500
25th Place NE: $3,404
Delaware Ave. SW: $3,750
808-810 5th St. NW: $37.00 per gross square foot
5505 5th St. NW: $2,240
10th St. NW: $2,212

[/quote]

Jeff, I DK about the other sites but am banking that the WI Ave developer willing to go with wee bit less now in anticipation of circumventing the zoning restrictions and banking on big pay out with luxury condos[/quote]

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