In a subscriber article WBJ reporter Sarah Krouse hones in on a holdout property situated in the middle on the block on Square 451 which is slatedto be developed as a 300K SF office project to headquarter the American Association of Medical Colleges (AAMC). The project is bounded by New York Avenue NW to the North, K Street NW to the South and 7th Street NW to the West. The eastern edge is an alleyway running between K and NewYork.
The owner of the 628 New York Ave NW has reportedly been offered double the estimated value of the property or an alternative to move the house to join other historic structures but has not yet budged. Could this game of chicken repeat the saga of the nearby “Ledo building” at 433 Mass Ave NW?