Happy Thanksgiving from Waterfront Tower

On behalf of everyone here at Waterfront Tower, we would like to take this opportunity to wish you a very happy Thanksgiving. We’ll be enjoying our holiday with family and friends, and hope you can do the same.

FANCY FACADES, CLEVER DESIGNS: Condo Opulence Captured at Waterfront Tower

Express NightOut is a publication from the Washington Post that helps residents stay in the know about trends, entertainment, and culture around the city. Recently Waterfront Tower was featured in an article “Fancy Facades, Clever Designs: Four Local Condo Buildings Blend Architecture With Quirk” that gives the low-down on why condos are getting hot, and why Waterfront Tower is such a great find.

“These days, designer condos often hold rank with tony rowhouses. That's in part because condo hunters can choose among top designs by award-winning architects, from international superstars to local barons of the blueprint. More than just a status symbol, architectural eye candy often signals a savvy investment. Washington's best-designed condo buildings show a pretty face—not to mention smart interiors and clever details."

Waterfront Tower: Already Half Sold!

UrbanTurf is a free online media publication that publishes daily articles, news, and commentary about the DC metropolitan residential real estate market. Recently they checked in again with Waterfront Tower and had the following to report:

“The enviable sales pace combined with the 35 presales to existing tenants means that it will be half-sold within a couple weeks and Bernstein can begin settling on the contracts…..When asked for his thoughts on why the project was selling so well, Greg Rooney of The Bernstein Companies pointed to the combination of price point (units start in the $200s); proximity to Metro (the Waterfront-SEU station on the Green Line is on the same block); quality (the contractor was Abdo Development, known locally for developing high-quality product); and eco-friendliness.”

Read more here.

The Federal Homebuyer Tax Credit has been Extended!

The Federal Homebuyer Tax Credit has been extended and expanded, making now the best time ever to buy a new home. Here are some quick facts about the Extended and Expanded Tax Credit:

• First-time homebuyers (anyone who hasn't owned a home in the last three years) can get up to $8,000 in tax credits.
• Buyers who have owned their current homes for at least five years are eligible for a tax credit up to $6,500.
• The new law will increase the income ceiling for qualification to $125,000 for individuals and to $225,000 for married taxpayers.
• To qualify, buyers have to sign a purchase agreement by April 30, 2010.

Now is the perfect time to purchase a new home at Waterfront Tower.

Waterfront Tower reflects the spirit of 21st century Washington, offering sustainable living, bright spaces, and world-class style in Southwest.

Waterfront Tower in the News: A Developer Goes Back to Its Roots

Back in the early 1970s, the developers of Waterfront Tower The Bernstein Companies were known for upscale condo conversions like the Colonnade, The Cathedral, Claridge House at 25th and K, Boston House near Brookings, and the Carlyle on Columbia Pike. Then it got out of that business for 30 years. Now they’re back, and Waterfront Tower is the perfect example of what the company has set out to achieve. Read more here.

DC Area Condo Sales on Two-Year Upswing

Washington, D.C. condominium sales are on the rise again according to a new study, reaching the highest quarterly sales volume in two years. There is also growing evidence that condominiums are increasingly seen as a more stable asset. And, prices are still very competitive—at least for now. Read more here.

Arena Stage Progress Update

When you live at Waterfront Tower you live in the center of D.C.’s culture district. Just blocks away, you’ll find Washington’s most prominent regional theatre, Arena Stage. Since 1950, Arena Stage has been a focal point of innovative American and national theatre treasure. This venerable Washington landmark has been undergoing a major renovation and expansion of its facilities.

A massive $125 Million budget helped the theater practically recreate its facilities: A breathtaking glass roof and endless glass walls bring together three separate stages, and additional café, lounge, and terrace areas have been added and enhanced. The construction is on schedule to have the theater open again in October 2010. Click here to watch a video tour of the construction in progress.

A residence at Waterfront Tower places you in the center of everything Washington culture and art have to offer. Learn more about the exciting city icons and points of interest all around Waterfront Tower. Waterfront Tower reflects the spirit of 21st century Washington, offering sustainable living, bright spaces, and world-class style in Southwest.

Discover “Some of the Most Affordable New Condos in the City”

The word is getting out about the incredible values of a new home at Waterfront Tower. A stellar location, clean and modern style, and all the little details that make the homes here feel and look far more expensive than they really are—Waterfront Tower is distinctive, filled with light, and eco-friendly. But don’t just take our word for it—Read what the local press is saying about our community here.

You can also read about us here (click on page 14) .

Join us for a Free Homebuying Seminar

We invite all our neighbors to attend a first-time homebuyer seminar at Waterfront Tower. Join us to learn:

- The financial tools needed to buy your first home
- Everything you’ll need to qualify for a loan
- How to take advantage of the $8,000 Tax Credit

Where:
Waterfront Tower
Corner of M St. at 3rd St. SW
(entrance on M St.)

When:
Tuesday, October 20
6:00 – 7:00 p.m.

-or-

Saturday, October 24
11:00 a.m. – 12 noon

This seminar will include a presentation by a mortgage company and light refreshments will be served. Parking is available in the front lot off M St. This event is also easily accessible via the Green Line (Waterfront-SEU Metro station)

Please RSVP for Tuesday or Saturday at: wtdcinfo@gmail.com

Waterfront Tower
1101 3rd St. SW
Washington DC 20024
202.484.0888
wtdcinfo@gmail.com

Tour Waterfront Tower Daily
11:00 a.m.- 6:00 p.m.
www.WaterfrontTowerDC.com

Waterfront Tower Leads the Green Revolution in Southwest DC

The developers of Waterfront Tower were dedicated to green principles in the re-design of the building. By providing innovative features and incorporating green materials, this special place will be a community architectural centerpiece well into the future.

Using sustainable building practices and green materials, Waterfront Tower now offers healthier living spaces for residents, has a smaller impact on the environment, and reduces operating costs while extending the life cycle of building equipment.

Here are just a few of the green features at Waterfront Tower:

• High-efficiency appliances in all units
• All common spaces use eco-friendly furnishings
• Low-VOC paints and floor finishes were used throughout the building
• High-efficiency HVAC, boilers, and lighting systems
• High-efficiency windows offer ample natural light but transfer little
  heat or cold
• All carpet in the building is made from recycled materials

Following the guidelines set forth in the EPA's Energy Star for Buildings and USGBC's LEED rating system, Waterfront Tower's "green renovation" was designed to create high-performance and a more sustainable building. The goal was to maximize energy efficiency, water conservation, building materials and provide homeowners a more healthy environment to live in.

Waterfront Tower reflects the spirit of 21^st century Washington, offering sustainable living, bright spaces, and world-class style in Southwest.

Southwest DC: A Transformation in Progress

Southwest is home to the newly revitalized D.C. waterfront. Rich in history and culture, this iconic Washington location is now being developed to showcase distinctive destinations, and to build upon the existing, strong waterfront community. As development progresses, new housing, hotels, neighborhood attractions and local business will spring up, offering new opportunities for everyone. In addition, these residences and commercial spaces are being built or redesigned with green and renewable principles and materials. For more information about the exciting new transformation of the Southwest DC waterfront, please visit the Southwest Waterfront website. 

Southwest Welcomes Boys in Blue to First Street

The 1st District police station house has officially moved to a former elementary school in the 100 block of M Street SW. The school was converted into a 21^st-century police station over a period of seven months. The first new police facility in Southwest in more than a decade, this new station is more centrally located in Southwest, and will allow police to store more evidence and offer more space for community interaction. Read more here. 

Waterfront Tower Stages Cultural Revival

By now you probably know Waterfront Tower is a pinnacle of residential style and comfort, but did you know a home here also offers easy access to Washington’s most prominent regional theatre?

Arena Stage  is now undergoing a major renovation and expansion. This venerated theatre company has been delighting audiences since 1950, showcasing the talents of many American legends of stage and screen such as Morgan Freeman, Alfre Woodard, Kathleen Turner, and Samuel L. Jackson.

 Arena Stage often premieres new American plays and supports innovative new works in progress, making it a D.C. and national theatre treasure. And a residence at Waterfront Tower places you in the center of everything Washington culture and art have to offer.

Learn more about the exciting city icons and points of interest all around Waterfront Tower.