This is not a success story yet. In April 2013 a local developer bought a newly built 69 unit apartment building in Radnor/Fort Myer Heights called Grayson Flats. These apartments were re-positioned into condo and called The Avery. These new condos were for sale since May – I guess with very little interest, because now the building is called Avery Row and the units are being leased for rent. All condos for sale were withdrawn in September. I’m not surprised.
I have multiple clients looking for new condos in Arlington, but I’ve never shown this one to anyone. It was beautiful, but so expensive for the location. Where was it? Not really walk to metro and right on Route 50, not really in a neighborhood… I think the price was a killer. This is of course my opinion.
I really hope some of the new developments near Metro in Clarendon and Ballston will sell as condos – we need something new.