DC’s first office-to-residential project financed tax through abatement program begins work

By bhhsbowen October 4, 2024 CoStar News 0 comments

The conversion of 1625 Massachusetts Ave. in Washington, D.C., was among the first to be approved for a 20-year tax abatement through the Housing in Downtown program, part of push by city officials to add 15,000 new residences by 2028. (CoStar)
Plans call for transformation of former Air Line Pilots Association headquarters into nearly 160 apartments