D.C. metro area is likely to face a strain on affordable housing following the arrival of 25,000 more workers to work at Amazon’s new HQ2 at Arlington headquarters.
Funding of about $112 million, which was arranged by Berkadia, has been secured by Maryland-based Foulger-Pratt for making two properties in Washington, D.C.
The Chautauqua Institution, a non-profit organisation famous for its lectures, performances and recreation at its New York campus, is opening its office in D.C. ahead of its 150th anniversary in 2024.
A “micro-mobility” company Spin, which was acquired recently by Ford, has launched a new fleet of e-scooters in D.C. Spin is the 5th scooter company that will operate its e-bikes in the city.
Three D.C. nonprofits have received a donation of $10 million from Amazon CEO Jeff Bezos and his wife MacKenzie for supporting their fight against homelessness.