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.