Waterfront Tower is Now Over 51% Sold

FHA Financing & Immediate Move-In Available Now!

“Condominium sales in the Washington area jumped 34 percent in 2009 with a total of 2,350 units sold, fueled by the first-time home buyer’s tax credit, low interest rates and the creation of high-paying jobs in the region,” according to The Washington Business Journal, which also mentioned that Waterfront Tower had considerably outperformed the average 2009 sales pace, selling nearly 16 units per month in the fourth quarter.

“We are very pleased, but not surprised that Waterfront Tower is in such demand,” responded Marc Duber, Chief Operating Officer of The Bernstein Companies, the developer of Waterfront Tower. "Our buyers are savvy purchasers and many have taken advantage of both the $8,000 first time homebuyer tax credit and the fact that the building is FHA approved. And this chic light-filled building has all the surrounding amenities and is next to the Metro. People just can’t find condominiums like this in the District at these prices,” concluded Mr. Duber.

Offering sustainable living and modern comfort, Waterfront Tower has drawn buyers from a variety of cities and neighborhoods across the District, Maryland and Virginia. “Many of the current buyers have been attracted to the community because of its convenient location and the attraction of an urban lifestyle,” added David Mayhood, President of The Mayhood Company, the firm that represents the community.

Originally designed by the world-renowned architect I.M. Pei, Waterfront Tower condominiums are comprised of studio, one-bedroom, and two-bedroom homes. The homes are exquisitely detailed with features such as floor-to-ceiling windows, open kitchens, Caesarstone countertops, custom white oak hardwood floors, and high-efficiency CleanSteel appliances.

Waterfront Tower is adjacent to DC Metro’s Waterfront Station, on the green line. In the spring of 2010, nearby Waterfront Station will become the future home of two government agencies. It also will have a vibrant retail selection including a new full-service Safeway grocery store, Starbucks, multiple restaurants and a major national bank. Waterfront Tower is also a short walking distance from the soon-to-be revitalized Southwest Riverfront and the new Arena Stage theater.