Thank you for sharing!

Your article was successfully shared with the contacts you provided.

WASHINGTON, DC-An abandoned apartment building in the Columbia Heights neighborhood is about to be turned into condos that the developers hope will eventually sell between $300,000 and $460,000. The property, at 1020 Monroe St., has a storied past, having been in legal limbo for several years after its owner was convicted of fraud. Locally based Madison Investments just purchased the building through a bankruptcy trustee sale and has already begun the site work for development.


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.