The Census Bureau data on new income and poverty has revealed that many Black residents in DC find it difficult to make a living, unable to get their share of city’s rising prosperity even as many district residents benefit from the strong economy of DC, according to an analysis published in the DC Fiscal Policy Institute.
The D.C. Council has given preliminary approval to curbing short-term rentals in the area. The move will put some of the tightest restrictions on Airbnb.
Saban Real Estate’s affiliate (SRE) has completed its acquisition of 425 I St. NW, a 370,000 sf Class A office building in Washington D.C., SRE announced in a press release.
In October, a series of workshops will be held in D.C. to educate senior residents about property tax relief programs they can avail to reduce their tax liability.