Washington DC's condo develpers loose big!!!

I forgot to post this interesting story by Paul Schwartzman in this past week's Washington Post. Stories on the demise of many of our local developers when the condo real estate market slowed.....

District's developers swagger no longer

By Paul Schwartzman

In the go-go years of the housing boom, in one of Washington's hippest neighborhoods, Scott Pannick built more than 300 loft-style condos, many of them attracting fevered bids even before their gourmet kitchens were installed. (Click on link above for full story)