Comments on: Park Place Apartment to Have Official Ribbon Cutting Ceremony With Mayor and Council Members on Wed.

By: Todd C Wiggins

Todd C Wiggins — Mon, 24 Aug 2009 00:50:26 +0000

Commentary from Developer Chris Donatelli on opening day in July: http://www.youtube.com/watch?v=JPyScPuMQEI

By: WHY SO HIGH!!!

WHY SO HIGH!!! — Mon, 17 Aug 2009 19:52:24 +0000

I visit there last month and spoke to a sales Associate.
The price for a two bedroom is $2600.00 and a one bedroom is $2300.00
and they told me in a year or two they are turning them into condo’s.

And I told that sales person are they trying to get back the funds that they put OUT because people are not buy now…. that’s why the prices are so so HIGH….

By: petworth resident

petworth resident — Sun, 09 Aug 2009 08:56:51 +0000

to see the high prices of this is crazy!!…im not really understanding why they would price park place so high being the area its in isnt all that great to begin with..this was supposed to be quote on quote affordable apartments but this is just crazy 2010 or 1800 you might as well just buy..DC is really getting to be to high to live in for most residents thats been living here for years and years and its really not fair to them..something needs to be done about it!!

By: Naomi

Naomi — Tue, 14 Jul 2009 03:50:14 +0000

this was in 2000-2002. Thinking now we paid $1.7k for a 1 bedroom + den 850 sq ft renovated apt in AM from 2006-2008, but it had mice + no dishwasher + no laundry in apt (but laundry in building). Sol I would say this seems pretty steep.

By: Naomi

Naomi — Tue, 14 Jul 2009 03:41:37 +0000

ahhh… I remember the days when Matthew and I lived in Woodley-Park @ the Calvert House. We paid $1.1k in rent each month in a 500 sq studio for 2.5 years. For a couple first starting out this was in my opinion a pretty good deal but I could not imagine pay $2k a month for 500 sq ft unless starting incomes have really increased as 500 sq ft living is fun for a while but not long term.

By: Anonymous

Anonymous — Tue, 14 Jul 2009 01:13:44 +0000

Just thinking about this a little more … if you’re supposed to spend no more than 28% of your gross pay on rent, then to pay $2000 you should be making $85000 or more. Are there that many people making $85k who want to live in 500 sq ft above the Petworth Metro?

By: geen

geen — Mon, 13 Jul 2009 18:05:39 +0000

Anon @ 12:05 – Yeah, with the special, the monthly rent works out OK. But I think it’s a bit deceptive if you want to find a place to live for more than one year, as when the one year is up, your OK rent is suddenly going to skyrocket to almost $2k a month for a small 1 BDR.

By: Anonymous

Anonymous — Mon, 13 Jul 2009 16:37:09 +0000

Yeah, after taxes $34k is less than $2000 take-home a month. I don’t see how you can pay $1200 in rent without some other kind of subsidy. (Parents, sig. other not listed on the lease, other unreported income…)

By: FentonH

FentonH — Mon, 13 Jul 2009 16:31:57 +0000

The crazy thing on the income limited units is that the income cap is usually so low that I don’t know how someone can even afford the monthly rent. I remember at V at City Vista you could only make like $34,000 but the subsidized rent was still like 1200 or 1300 …. the %s seem all skewed.

Anyone look at the Onyx Apartments yet down by Navy Yard ? Those look pretty cool …. but the location is meh

By: Anonymous

Anonymous — Mon, 13 Jul 2009 16:29:12 +0000

They still have to offer market-rate, though, if they’re gonna get any market rate tenants. No one’s gonna move in (except for the low-income tenants) if they can get a better deal at the Allegro…