Office Properties Income Trust to redevelop Washington office building
Office Properties Income Trust, a Maryland Real Estate Investment Trust, announced commencement of a redevelopment project in Washington, D.C.
DC protest not broken up due to Trump photo op, federal investigation finds
An internal investigation has determined that the decision to forcibly clear racial justice protesters from an area in front of the White House last summer was not influenced by then-President Donald Trump's plan to stage a photo opportunity at that spot.
Rockville woman seeks $20M in harassment lawsuit against Fannie Mae
A Rockville woman filed a $20 million lawsuit against Fannie Mae in Washington D.C. court Wednesday, alleging a senior manager there who offered her a job then harassed her and pressured her into sex. Soleil Bonnin was an adult dancer in Washington when she says she met Joseph King, a senior manager at the Federal […]
Appeals court: Judge didn’t have power to hear D.C. gun case
WASHINGTON — A lawsuit over the District of Columbia’s strict gun law hit a speed bump Tuesday when an appeals court ruled that a federal judge who halted the law’s enforcement didn’t have authority to rule on the case. A three-judge panel of the U.S. Court of Appeals for the District of Columbia Circuit ruled […]
Prosecutors end lengthy probe of former Washington mayor
WASHINGTON — The nearly five-year federal investigation of ex-District of Columbia mayor Vincent Gray ended Wednesday with no charges filed, a victory for the longtime public servant who maintained he was unaware his aides were breaking the law to help get him elected. The long-running probe exposed an illegal, $660,000 slush fund set up by […]
$28M maglev grant for D.C.-Baltimore may yield project’s true cost
Federal funds awarded to study building a superconducting magnetic levitation train line between Baltimore and Washington, D.C., is a big win for private firms backing the project. This weekend state officials announced the Federal Railroad Administration had granted $27.8 million to start studying and planning how to build a line through one of the nation’s […]
Maglev backers celebrate Baltimore headquarters launch
Standing in a onetime firehouse at 6 S. Gay St. downtown, backers of a proposed magnetic-levitation train Monday night drew comparison between the renovated building and what their project could mean for Baltimore. The building now serves as the headquarters for Northeast Maglev and Baltimore-Washington Rapid Rail, which are pushing to build a $10 billion […]
Maglev builds momentum despite doubts
A proposal for a magnetic-levitation train connecting Baltimore and Washington D.C. is gaining traction, but questions about the feasibility of a private effort to introduce the technology in the corridor remain. The Northeast Maglev, a private company that promotes the technology, is scheduled to celebrate the opening of its Baltimore headquarters on Monday. The celebration […]
Norwegian Air flying to Caribbean from BWI
Norwegian Air Shuttle announced two new international flights to Caribbean destinations from Baltimore Washington International Thurgood Marshall Airport Thursday. The discount long-haul airliner will fly two round-trips a week from BWI to the Guadeloupe Islands and Martinique. These mark the sixth and seventh international routes from the airport to be added at the airport in […]
Westmount purchases Candlewood Commerce Center
Westmount Realty Capital LLC , in a joint venture with Partners Group, purchased Candlewood Commerce Center in Hanover for an undisclosed price. The property consists of 357,701 square feet of Class A light industrial and distribution space spread over three buildings. Westmount intends to rehab the buildings and re-market the property, heavily emphasizing its location […]
Official: Blast at power plant responsible for D.C. outages
Widespread power outages affected the White House, the Capitol, museums, train stations and other sites across Washington and its suburbs Tuesday afternoon — all because of an explosion at a Maryland power plant, an official said.
Maryland venture capital funding shrinks
Despite less funding for new companies in the Washington D.C. and Baltimore regions startups are expected to have a positive impact on improving office markets.