Washington Business Journal
Montgomery Co. sues Fannie Mae, Freddie Mac for back taxes
Montgomery County officials are suing Fannie Mae and Freddie Mac for at least $75,000 in unpaid Maryland property transfer taxes.
Grover Norquist lobbies against Bob McDonnell's roads plan
Grover Norquist has joined the fight against Virginia Gov. Bob McDonnell's transportation plan.
Comstock plans apartments, townhomes at Shady Grove
Washington-based homebuilder Comstock Holding Cos. Inc. will break ground on a residential development adjacent to the Shady Grove Metro Station this spring.
D.C. hotel room rates stagnant 5 years running
The more than 27,000 hotel rooms in D.C. are occupied more often than not, but for some reason — or, more likely, for a number of reasons — the hotels themselves aren't benefiting in terms of revenue.
Washington-area condo market poised for growth
Washington-area condominium sales picked up in 2012, and sales are likely to accelerate in 2013, according to a report from real estate firm Delta Associates.
Amtrak boosts D.C. to NYC Acela service
Amtrak is adding a late-evening Acela Express run between New York and Washington, boosting weekday Acela service between the two cities to 16.
Pentagon City mall is shifting toward higher-end brands
Arlington's Fashion Centre at Pentagon City is shifting its focused toward attracting higher-end retailers.
Fairfax County fighting for FBI headquarters
Officials in Fairfax County are pushing to house the FBI headquarters on a site in Springfield that currently houses large, federally owned storage warehouses well past their prime.
CityCenterDC opens condo sales starting at $500K
The developers of CityCenterDC in downtown Washington have begun marketing the project's for-sale residential units, at prices ranging from $500,000 to $3.5 million, in what could be a telling indicator how interested buyers view the massive mixed-use development.
Lowe's to join Costco at D.C.'s Shops at Dakota Crossing
Fort Lincoln New Town Corp. has locked in a Lowe's home improvement store for the anchor slot at its Shops at Dakota Crossing that Target was once going to take.
Vornado Realty Trust to unveil Georgetown bowling alley plans
Georgetown residents will get an inside peak Jan. 2 at plans for a new entertainment-themed bowling alley at the Shops at Georgetown Park, the latest of several planned additions to the aging mall being reinvented by Vornado Realty Trust.
Pepco's smart meter installation behind schedule
Pepco will not meet its target for the end of 2012 for completing installation of smart meters in Maryland.
Stores change online prices based on shoppers' locations
The Wall Street Journal reports that retailers like Staples adjust online prices based on a customer's distance from a store and a company's competitors.
BRAC losses continue to mount in Northern Virginia
Office vacancy rates in Northern Virginia spiked significantly in the past year as the military's 2005 base realignment and closure plan bore down on the region.
Zillow: Total D.C. home values expected to rise more than $40B
Home values are expected to rise by more than $40 billion in the greater Washington area in 2012, part of the largest nationwide increase in values since 2005, according to Zillow Real Estate Market Reports.
BWI/Marshall gets OK to waive fees for airlines adding new routes
The Maryland Board of Public Works unanimously approved Wednesday a deal that would allow BWI/Marshall Airport to waive fees, a move designed to encourage new routes to and from the airport.
Barnes & Noble pulls up stakes in Reston
Barnes & Noble Inc., which has been attempting to negotiate a lease renewal in Reston for more than a year, has decided to pull up stakes and leave the area.
Inova greenlights $23M ER expansion in Mount Vernon
Inova Health System trustees have approved a $23 million addition to Inova Mount Vernon Hospital.
Fort Meade breaks ground with private housing for junior soldiers
Suburban Hospital taps Johns Hopkins physician as new president
Dr. Gene Green, a senior executive within Johns Hopkins Medicine's doctors group, has been appointed president of Suburban Hospital in Bethesda.
Costco special exception hearings scheduled for March
Montgomery County's Office of Zoning and Administrative Hearings will review Costco's new special exception application for its proposed Wheaton gas station in March.
Sala Thai restaurant to open at Rhode Island Row in D.C.
Sala Thai plans to open its fifth restaurant at Rhode Island Row.
D.C. Chamber of Commerce castigates Marion Barry
As promised, the D.C. Chamber of Commerce has responded to D.C. Councilman Marion Barry's caustic criticism of the organization and its leader, CEO Barbara Lang.
Vornado's staggering place in Arlington's economy detailed
Vornado Realty Trust's position as Arlington's most valuable tenant and principal taxpayer is secure, if not flat out unheard of in the Washington region.
Southern Maryland Hospital Center acquired by MedStar
MedStar Health has completed its acquisition of Southern Maryland Hospital Center in Clinton, adding its 10th hospital and important territory in the emerging fight for control of Maryland's health care market.
Yes! Organic Market in Southeast to remain open under new name
Gary Cha, owner of the local chain of Yes! Organic Market stores, will continue selling groceries on Pennsylvania Avenue east of the Anacostia River, but he will take the word "organic" out of the store's name.
Arlington proposes tax cut to lure advertising firms
Arlington County is proposing to erase its tax on media buy receipts, having realized the chances are nil of landing a new advertising firm, or keeping its existing ones, if it maintains the levy.
Kaiser Permanente, Sibley Memorial ink baby delivery deal
Kaiser Permanente has struck a deal with Sibley Memorial Hospital in Northwest D.C. to admit Kaiser- insured mothers for labor, delivery and newborn care services, officials said. As part of the deal, more than 80 Kaiser doctors will have admissions privileges at Sibley.
Citigroup cuts hit Manassas, Glen Burnie
Citigroup Inc.'s Wednesday announcement of 11,000 job cuts will have only minimal impact on the Washington region.



