ADAMO

Adams Morgan, DC

1794 Lanier Place NW, Washington, DC 20009

Success

  • $710 a sq. ft. 20% more than the surrounding neighborhood comparables
  • Retail that added resident value and uniqueness
  • Private roof decks sold separately

Strategy

  • Exceptional finishes, private roof terrace spaces and luxury focus
  • Virtual reality tours for the units
  • Start presales several months earlier than normal to focus on top pricing and sell the retail vision

Challenge

  • Seen as a “young party” location and not luxury
  • Former gas station site
  • No for sale parking – limited available for lease