The historic Watergate hotel will be going up for auction tomorrow and the sale apparently sparked international interest. The hotel closed a few years ago and was to be converted into high-end condos by Monument Realty. I visited their sales center a few years ago and was impressed by their floorplans, finishes, and of course, those views! Unfortunately the project had trouble on multiple fronts as the Watergate Coop buildings tried to stop the conversion, and the financing fell through when Lehman Brothers went under. The hotel is now in foreclosure. Click here for the Washington Post's recent article on the exciting auction.
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