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Close-Out Price Reductions at The Lacey

by Will Smith

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The Lacey in the U Street Corridor has announced close-out pricing for its five remaining units. The new pricing includes some hefty markdowns, including a $50,000 reduction on a two-bedroom, 1,800-square-foot duplex that includes 550 square feet of outdoor space. The unit is now priced at $675,000.

The reductions also include the unit the developer chose for himself, a two-bedroom, 1,260-square-foot penthouse with a private roof-top terrace. Its price has been reduced by $25,000, from $599,900 to $575,000.

The Lacey is an FHA-approved, 26-unit boutique condominium that delivered last year in the U Street Corridor. Arguably the most distinctive residential building constructed in the DC metropolitan area, it sits at 11th and Florida Avenue (map), just three blocks from the U Street Metro and the neighborhood’s many restaurants, bars, and shops. For more about The Lacey, read our profile, The Lacey: Contemporary Condos for the Stylish Buyer.

There is an open house this Sunday the 11th from 2 to 4pm.

Here are links to all five listings as well as the most recent price sheet:

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This article originally published at http://dc.urbanturf.com/articles/blog/close-out_price_reductions_at_the_lacey/2249

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